Tag Archives: Anti-Lock Braking System Market Trend

The anti-lock braking system (ABS) market is set to experience robust growth, projected at a CAGR of 6.5% from 2024 to 2032. This positive trajectory is fueled by an increasing awareness of vehicle safety, advancements in automotive technology, and a rising demand for electric vehicles. Passenger cars currently lead the market in revenue generation, while the two-wheeler segment is poised ...