"We Envision Growth Strategies Most Suited
to Your Business"

Electronic Stability Control Market to Exhibit 9.5% CAGR by 2028; Stoked by Increasing Adoption of Advanced Safety Features by OEM Manufacturers

November 15, 2021 | Automotive & Transportation

The global electronic stability control market size is expected to showcase exponential growth and is projected to grow from USD 35.41 billion in 2021 to USD 66.65 billion by 2028. Fortune Business Insights in its report titled, “Electronic Stability Control Market Size, Share & COVID-19 Impact Analysis, By Vehicle Type (Passenger Cars and Commercial Vehicles), By Sales Channel (OEM and Aftermarket), By Component (Hydraulic Modulator, Sensors, ECU, and Others), and Regional Forecast, 2021-2028.”, mentions that the market stood at USD 34.55 billion in 2020 and is projected to exhibit a CAGR of 9.5% between 2021 and 2028.

ZF Introduces Advanced Safety and Energy Feature for its Braking System in Electric Vehicles

In January 2021, ZF Friedrichshafen AG, one of the leading providers of advanced automotive safety features, announced the development of an advanced state-of-the-art braking system. The company reports that the new system will be adopted across the Volkswagen models based on the MEB platform. This system further aids in improving the driving range of electric vehicles, and the software in use facilitates effective networking and feature integration modules. Moreover, it optimizes the braking energy recovery while improving the usability of electric vehicles. Such initiatives by the companies are anticipated to bode well for the growth of the market for electronic stability control during the foreseeable future.

To get a detailed report summary and research scope of this market, click here:


Increasing Preference for Advanced Safety Features by Manufacturers to Spur Demand

According to the GOV.UK, around 1,472 road accidents were reported in the U.K. in 2020. The increasing incidence of road crashes has led automotive manufacturers to adopt advanced safety features. They are focusing on developing advanced features such as Autonomous Emergency Braking (AEB), ADAS, and others to cater to the growing demand from the consumers. Additionally, the rising sales of passenger vehicles owing to the high disposable income of the working population globally will contribute to the global market growth during the forecast period.

Product Innovation by Major Companies to Intensify Industry Competition

The global market is fragmented by the presence of major companies trying to maintain a stronghold by developing innovative technologies to cater to the growing demand for autonomy globally. Moreover, the adoption of organic and inorganic strategies by other key players is expected to bode well for the market growth during the forecast period.

Industry Development:

  • March 2018 - Bendix, a part of Knorr-Bremse AG, announced the delivery of over 600,000 units of electronic stability control systems for several commercial and passenger vehicles.

List of the Companies Operating in the Market:

  • Robert Bosch GmbH (Germany)

  • Continental AG (Germany)

  • Denso Corporation (Japan)

  • ZF Friedrichshafen AG (Germany)

  • WABCO (France)

  • Delphi Technologies (U.K.)

  • Autoliv Inc. (Sweden)

  • Hitachi, Ltd. (Japan)

  • Knorr-Bremse AG (Germany)

  • Mando Corp. (South Korea)

  • Johnson Electric (Hong Kong)

Further Report Findings:

  • North America stood at USD 12.98 billion in 2020 and is expected to hold the largest global electronic stability control market share during the forecast period. This is due to the increasing sales of advanced safety features by automotive manufacturers and other OEMs in the region.

  • On the other hand, Europe is expected to hold the second-largest position in the market in the forthcoming years. This is owing to the presence of prominent OEMs in countries such as Germany, the U.K., and Italy that will boost the demand for advanced electronic stability control solutions between 2021 and 2028.

  • Based on the vehicle type, the passenger cars segment held a market share of about 60.3% in 2020. The segment’s dominance is attributable to the growing development of passenger vehicles equipped with advanced safety features such as electronic stability controls.

Table of Segmentation:



Study Period


Base Year


Forecast Period


Historical Period



  Value (USD Billion & Million)


By Vehicle Type

  • Passenger Cars

  • Commercial Vehicles

By Sales Channel

  • OEM

  • Aftermarket

By Component

  • Hydraulic Modulator

  • Sensors

  • ECU

  • Others

By Geography

  • North America (By Vehicle Type, By Sales Channel, and By Component)

    • U.S. (By Vehicle Type)

    • Canada (By Vehicle Type)

    • Mexico (By Vehicle Type)

  • Europe (By Vehicle Type, By Sales Channel, and By Component)

    • U.K. (By Vehicle Type)

    • Germany (By Vehicle Type)

    • France (By Vehicle Type)

    • Rest of Europe (By Vehicle Type)

  • Asia Pacific (By Vehicle Type, By Sales Channel, and By Component)

    • China (By Vehicle Type)

    • India (By Vehicle Type)

    • Japan (By Vehicle Type)

    • South Korea (By Vehicle Type)

    • Rest of Asia Pacific (By Vehicle Type)

  • Rest of World (By Vehicle Type, By Sales Channel, and By Component)

Global Electronic Stability Control Market
  • PDF
  • 2020
  • 2017-2019
  • 200


  • 4850

Our Clients

Health Canada
LG Chem
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.