Tag Archives: Anti-Lock Braking System Market demands and growth

Anti-Lock Braking System Market Growth Statistics: Projected to Reach New Heights with [8.9%] CAGR

The global Anti-Lock Braking System (ABS) market reached USD 47 billion in 2022 and is projected to grow at a CAGR of 8.9% from 2024 to 2028. This growth is being propelled by regulatory mandates, rising consumer awareness about vehicle safety, and rapid technological advancements in the automotive industry. With demand rising across both developed and developing economies,… Read More »