Anti Lock Braking System (ABS) and Electronic Stability Control (ESC) System Market - Industry Size, Share, Trends Analysis and Global Forecast from 2015 - 2021

New York, NY -- (SBWIRE) -- 11/11/2015 -- Anti lock braking system and electronic stability control system is an automobile security system that allows the wheels on a motor vehicle to maintain strong contact with the road surface. These system works according to driver inputs during braking, avoiding uncontrolled skidding and preventing the wheels from locking up. Anti lock braking and electronic stability control system uses the principles of cadence braking and threshold braking. Major anti lock braking component are valves, speed sensors, pump, and controller.