Global Automotive Traction Control System Market Analysis - Industry Size, Share, Trends and Forecast, 2018 - 2025

Published - Sep 2018 | Category - Automobile & Transportation | No. of Pages - 150 | Published By - ARC

Introduction

Automotive traction control system, also known as ASR, is typically a secondary function of the electronic stability control on production motor vehicles, designed to prevent loss of traction of driven road wheels. The basic idea behind the need for a traction control system is the loss of road grip that compromises steering control and stability of vehicles because of the difference in traction of the drive wheels. While road safety is one of the major topics, the global automotive traction control system market is adding more benefit to it.

Market Drivers

The automotive traction control market can be divided on the basis of vehicle, technology, operation, and geography. In terms of vehicle, the automotive traction control system market can be further classified into passenger vehicles (PVs), light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). Electronic systems are required to be reliable and accurate. Also, as the traction control system is electronically operated, there are chances of malfunctioning of the components.


 

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