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Anti-Lock Braking System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2024

Anti-Lock Braking System Market is mainly driven by the expanding number of deaths brought on because of street mishapshas constrained the administration in numerous regions to actualize stringent guidelines and regulations, and deploy ABS in all vehicles.

Anti-Lock Braking System Market is mainly driven by the expanding number of deaths brought on because of street mishapshas constrained the administration in numerous regions to actualize stringent guidelines and regulations, and deploy ABS in all vehicles.

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<strong>Anti</strong>-<strong>Lock</strong> <strong>Braking</strong> <strong>System</strong> <strong>Market</strong> - <strong>Global</strong><br />

<strong>Industry</strong> <strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>, <strong>Trends</strong><br />

<strong>and</strong> <strong>Forecast</strong>, <strong>2016</strong> - <strong>2024</strong><br />

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REPORT DESCRIPTION<br />

<strong>Anti</strong>-lock braking system (ABS) is a safety system for automobiles which is intended to keep the wheel rotating <strong>and</strong><br />

to prevent the skidding of the vehicle. Mechanical anti-lock systems were developed originally in the late 1920s for<br />

use in aircrafts. This mechanical systems witness was used at limited instances in vehicles at that time, but never<br />

found widespread usage, owing to its unreliability <strong>and</strong> high price tag. However, anti-lock braking systems are now a<br />

st<strong>and</strong>ard feature in most of the vehicles <strong>and</strong> it offers exp<strong>and</strong>ed functions as well. <strong>Anti</strong>-lock braking systems are<br />

already m<strong>and</strong>atory in the developed regions of North America <strong>and</strong> Europe, while the stringent legislations <strong>and</strong> safety<br />

norms in the developing countries are set to rapidly generate dem<strong>and</strong> for these systems, thereby creating high<br />

growth opportunities for the anti-lock braking systems market.<br />

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The pet grooming market has been segmented by product type into conditioners <strong>and</strong> shampoos, scissors <strong>and</strong><br />

clippers, <strong>and</strong> combs <strong>and</strong> brushes. Conditioners <strong>and</strong> shampoos were the most dominant segment in 2015 <strong>and</strong> it is<br />

anticipated to remain so over the forecast period. Pet owners purchase various types of shampoos <strong>and</strong> conditioners<br />

for allergy prevention, odor control, color enhancement, protection of natural oils, <strong>and</strong> coat care among others.<br />

Increasing dem<strong>and</strong> for safe <strong>and</strong> healthy products is expected to drive the conditioners <strong>and</strong> shampoos segment over<br />

the forecast period.<br />

Geographically, the pet grooming market is segmented by Europe, North America, Asia Pacific, Latin America, <strong>and</strong><br />

Middle East & Africa. North America accounted for majority of the market share of the pet grooming market in 2015<br />

<strong>and</strong> it is expected to remain so over the forecast period. Increase in pet ownership <strong>and</strong> cumulative expenditure on<br />

pets is driving the pet grooming market in this region. Adoption of premium <strong>and</strong> specialized products has been a<br />

major factor fuelling dem<strong>and</strong> in the North America pet grooming market. The U.S. accounts for majority of the<br />

market share in this region. Europe accounts for a steady dem<strong>and</strong> for pet grooming products owing to the changing<br />

consumer preferences for pet grooming products such as designer outfits, specialty shampoos, <strong>and</strong> holiday presents.<br />

Germany, the U.K. <strong>and</strong> Italy accounts for the majority of the market share of the pet grooming market in this region.<br />

Asia Pacific is one of the fast growing regions in the pet grooming market owing to the fast pace of urbanization <strong>and</strong>


increasing popularity of pet grooming products in this region. Japan is one of the largest market for pet grooming<br />

activities in Asia-Pacific. Middle East <strong>and</strong> Africa is also an emerging market for pet grooming products due to the<br />

increasing popularity of premium pet products. Latin America is expected to have an increasing market share in the<br />

pet grooming market due to the introduction of innovative <strong>and</strong> specialty pet products. Brazil accounts for majority of<br />

the market share in the pet grooming market in this region.<br />

The major players in the pet grooming market are Beaphar, Ferplast, Ancol, Rolf C Hagen, <strong>and</strong> Hartz Mountain.<br />

Some of the other key vendors in the pet grooming market are Chelsea Dogs, earthbath, Johnson's Veterinary<br />

Products, Bob Martin, BOSHEL, Leonard F. Jollye, Mines for Pets, Just for Pets, Oster, Pet Br<strong>and</strong>s, The Pet Warehouse,<br />

<strong>and</strong> Pettex among others.<br />

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