An anti-lock braking system (ABS) prevents wheels from locking up during braking, allowing the driver to maintain steering control. Early ABS systems were mechanical but modern ABS is electronic and uses wheel speed sensors and valves to rapidly pressurize and release hydraulic brake fluid. Major ABS manufacturers include Bosch, Delphi, Continental and Kelsey-Hayes. ABS improves braking and reduces stopping distances on slippery surfaces, providing safety benefits while allowing steering during hard braking. Initial cost and potential maintenance issues with electronic components are limitations.