Antilock braking systems (ABS) monitor and control wheel slip during braking to improve vehicle control and reduce stopping distances. ABS works by limiting wheel slip and minimizing lockup through rapidly modulating brake pressure up to 15 times per second. This prevents wheel locking and maintains stability, with a target slip rate of 10-30%. ABS components include wheel speed sensors, a control module, hydraulic valves to control brake fluid pressure, and an accumulator to store fluid. ABS improves steering control and vehicle stability during braking compared to standard braking systems.