Electronic Stability Control System Market to Record 10.9% CAGR from 2023 to 2030; Combining Electronic Stability Control (ESC) and Innovative Technologies for Vehicle Safety to Augment Market Growth

The global electronic stability control system market size was valued at USD 36.71 billion in 2022. The market is projected to grow from USD 40.54 billion in 2023 to USD 83.82 billion by 2030, exhibiting a CAGR of 10.9% during the forecast period. Fortune Business Insights™ presents this information in its report titled “Electronic Stability Control System Market Size, Share & COVID-19 Impact Analysis, By Vehicle Type (Passenger Vehicle (Hatchback, Sedan, SUV, MPV) and Commercial Vehicle (Light Commercial Vehicle, Heavy Commercial Vehicle)), By Component (Hydraulic Modulator, Sensors, and ECU), and Regional Forecasts, 2023-2030”.

The Electronic Stability Control (ESC) system, an advanced technology derived from antilock braking, incorporates speed sensors and independent braking for each wheel. It is designed to prevent vehicle skidding and enhance lateral stability in diverse driving conditions. Due to growing demands for road and vehicle safety, ESC is now being widely adopted by manufacturers as a standard feature in vehicles.

Disruptions in Supply Chain Operations and Manufacturing Units Affected Market During Pandemic

During the COVID-19 pandemic, the automotive industry faced significant disruptions in manufacturing and supply chain operations. Lockdowns, travel restrictions, and social distancing measures implemented to mitigate the spread of the virus impacted the production and availability of vehicles, including those equipped with Electronic Stability Control systems. As a result, several automakers had to postpone or delay the launch of new vehicle models during this challenging period resulting in a decreased electronic stability control system market share.

Investment in Advanced Active Safety Technologies to Meet Growing Demand in the Indian Market

ZF, a renowned German manufacturer of active and passive vehicle safety systems, expressed confidence in the substantial market potential for electronic stability control system supplies in India in February 2023. To tap into this potential, the company has initiated developmental initiatives for advanced active safety technologies for vehicles at its technical center located in Hyderabad, India.

Investments in R&D Enhance ESC Performance and Expand Applications

The market for Electronic Stability Control systems is experiencing significant growth driven by the increasing demand for road safety. Automotive industry players are making substantial investments in Research & Development (R&D) to enhance ESC systems. R&D efforts are aimed at improving the performance, capabilities, and applicability of ESC systems, especially in the context of advancing autonomous mobility. As ESC systems continue to be recognized as a vital safety component, their demand is expected to rise further.

However, the electronic stability control system market growth may face challenges due to the limited availability of raw materials.

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Delivering Cutting-Edge ESP Systems for Enhanced Vehicle Safety and Stability

Gerlingen, Germany-based Robert Bosch GmbH is a prominent provider of Electronic Stability Program (ESP) solutions in the automotive industry. With a strong presence in the market, Bosch supplies ESP systems to major automakers like Daimler, offering not only standard ESP solutions but also value-added functions through software enhancements. Bosch has expanded its expertise to include ESP systems for motorcycles as well. With a remarkable track record, Bosch has manufactured over 250 million stability control systems, highlighting its significant contribution to vehicle safety and stability on the road.

Notable Industry Development

• June 2022: Volkswagen unveiled its new Virtus that boasts a wide range of advanced safety features. It includes 6 airbags, Electronic Stability Control, multi-collision brakes, 3-head restraints at the rear, a tire pressure deflation warning system, and a rear-view camera, among other cutting-edge technologies.

List of Companies Profiled in the Report:

• Robert Bosch GmbH (Germany)


• Continental AG (Germany)


• ZF Friedrichshafen AG (Germany)


• Delphi Automotive LLP (U.K.)


• WABCO (France)


• Hitachi Automotive System Ltd. (Japan)


• Autoliv Inc. (Sweden)


• Knorr-Bremse AG (Germany)


• Mando Corp (South Korea)


• Johnson Electric (Hong Kong)

Further Report Findings

• Asia Pacific dominated the market in 2022 with a valuation of USD 21.60 billion. The regional market is driven by robust vehicle sales and mandatory deployment in countries such as China and India.


• In Europe, strict safety laws and severe competition among OEMs contribute to the growing demand for electronic stability control systems.

Table of Segmentation