Vehicle Dynamics International
  • News
    • Braking
    • Chassis
    • Driveline & Transmission
    • Dynamics Software
    • Electronic Dynamic Control
    • Lightweighting
    • OEM News
    • Ride Comfort
    • Simulation
    • Steering
    • Tires and wheels
    • Vehicle Testing
  • Features
  • Online Magazines
    • December 2024
    • May 2023
    • December 2023
    • May 2023
    • November 2022
    • Spring 2022
    • Subscribe Free!
  • Videos
  • Supplier Spotlight
  • Jobs
    • Browse Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
  • VDI Awards
    • 2022 Vehicle Dynamics International Awards: the winners!
    • 2021 Vehicle Dynamics International Awards: the winners!
    • 2020 Vehicle Dynamics International Awards: the winners!
    • 2019 Vehicle Dynamics International Awards: the winners!
    • 2018 Vehicle Dynamics International Awards: the winners!
    • 2017 Vehicle Dynamics International Awards: the winners!
LinkedIn YouTube X (Twitter)
Subscribe to Magazine SUBSCRIBE TO EMAIL NEWSLETTER MEDIA PACK
LinkedIn
Vehicle Dynamics International
  • News
      • Braking
      • Chassis
      • Driveline & Transmission
      • Dynamics Software
      • Electronic Dynamic Control
      • Lightweighting
      • OEM News
      • Ride Comfort
      • Simulation
      • Steering
      • Tires and wheels
      • Vehicle Testing
  • Features
  • Supplier innovations
  • Online Magazines
    1. December 2024
    2. May 2024
    3. December 2023
    4. May 2023
    5. November 2022
    6. Spring 2022
    7. Subscribe Free!
    Featured
    December 10, 2024

    The December 2024 issue of Vehicle Dynamics International is out!

    Braking By Web Team
    Recent

    The December 2024 issue of Vehicle Dynamics International is out!

    December 10, 2024

    The May 2024 issue of Vehicle Dynamics International is out!

    May 20, 2024

    The December 2023 issue of Vehicle Dynamics International is out!

    December 19, 2023
  • Videos
  • Supplier Spotlight
  • Jobs
    • Browse Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
  • VDI Awards
    • 2023 Vehicle Dynamics International Awards: the winners!
    • 2022 Vehicle Dynamics International Awards: the winners!
    • 2021 Vehicle Dynamics International Awards: the winners!
    • 2020 Vehicle Dynamics International Awards: the winners!
    • 2019 Vehicle Dynamics International Awards: the winners!
    • 2018 Vehicle Dynamics International Awards: the winners!
    • 2017 Vehicle Dynamics International Awards: the winners!
LinkedIn
Vehicle Dynamics International
Electronic Dynamic Control

Why the ESC market will exceed US$45 billion by 2025

Opinion WritersBy Opinion WritersJanuary 7, 20213 Mins Read
Share LinkedIn Twitter Facebook Email

The electronic stability control (ESC) system market is set to grow from its current market value of more than $27 billion, to over $45 billion by 2025. Vehicle stability and traction control systems have become important for improving vehicle safety. The growing need to prevent vehicle skidding due to events such as sudden braking, slippery road surfaces, and loss of vehicle control by drivers has boosted developments in the ESC system market.

These systems use a number of sensors, such as wheel-speed sensors, lateral acceleration sensors and steering angle sensors, to determine the required braking forces for individual wheels. Traction control systems and ABS are generally integrated with ESC systems, and these systems can effectively prevent understeer and oversteer in vehicles.

The commercial vehicle segment is witnessing rapid growth in the ESC system market. The growing awareness about vehicle safety is creating a higher demand for these systems in commercial vehicles. In October 2017, Tata Motors introduced ESC in medium-duty and commercial vehicles in India. Companies in the ESC market, such as Bendix Commercial Vehicle Systems and WABCO, are introducing newer products for commercial vehicles. In November 2018, WABCO entered into an agreement with the commercial vehicle manufacturer, Hyundai Motor Company, for the development of advanced technologies and products, such as ESC systems, ABS, electronic braking systems and others, for a series production of Hyundai’s new medium-duty trucks.

Government regulations for the implementation of these systems in automobiles are creating a higher demand in the ESC system market. Countries and regions including Japan, Australia, Canada, South Korea and the European Union have provided mandatory regulations for the implementation of ESC systems. In addition, developing countries are focusing on introducing such regulations for improving vehicle safety. In September 2018, the Ministry of Road Transport and Highway of India announced the government’s plan to make automatic emergency braking (AEB) and ESC systems mandatory in cars by 2022-23.

Europe will have high growth potential for the ESC system market owing to the region’s higher demand for vehicle safety features. The presence of a number of players including Robert Bosch, ZF Friedrichshafen, and others are influencing the growth of the market. The presence of an EU mandate for the implementation of ESC systems in passenger cars as well as commercial vehicles will further ensure the growth of the automotive safety industry.

Robert Bosch GmbH, ZF Friedrichshafen, Continental AG, Autoliv, Hitachi Automotive Systems, Johnson Electric, Bendix Commercial Vehicle Systems, and WABCO are leading companies in the ESC system market. The growing demand for ESC systems in commercial vehicles is creating higher growth opportunities for such companies. In March 2019, ZF Friedrichshafen AG signed a definitive agreement for the acquisition of WABCO. With this acquisition the company is aiming to position itself as a leading provider of mobility systems for commercial vehicles . The companies are focusing on offering an electronic stability system integrated with ABS and traction control.

However, the implementation of these systems increases vehicle cost, which can hamper the industry. The requirement to have a number of sensors and control units increases system complexity, adding to costs and limiting the implementation of these systems in entry-level cars. Higher raw material costs and the closing down of production plants by companies, such as General Motors, in the North American region can have a considerable impact on the market growth. However, technological advancements and product developments are expected to bring down manufacturing costs.

Share. Twitter LinkedIn Facebook Email
Previous ArticleMazda at 100: the history and evolution of the badge
Next Article DSD installs hybrid axle test cells
Opinion Writers

Related Posts

Dynamics Software

Awards for ADAS & Autonomous Vehicle innovation to be announced this week

May 19, 20254 Mins Read
Dynamics Software

Nissan-backed research project advances autonomous driving

April 4, 20254 Mins Read
Features

McLaren’s strength in carbon fibre technology

March 20, 202510 Mins Read
Latest Posts

Awards for ADAS & Autonomous Vehicle innovation to be announced this week

May 19, 2025

ATTI Awards winners to be announced on 20 May

May 19, 2025

VI-grade launches Cloud platform to boost scalable vehicle simulation capabilities

May 14, 2025
Our Social Channels
  • LinkedIn
Getting in Touch
  • Free Email Newsletters
  • Meet The Editors
  • Contact Us
  • Media Pack
Related Topics
  • Electric & Hybrid Vehicle
  • Industrial Vehicle Technology
FREE NEWS EMAIL!

Get essential industry news from this website direct to your inbox every fortnight


© 2023 Mark Allen Group Ltd | All Rights Reserved
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.