Global Automotive Active Safety System Market was valued at USD 46.67 billion in 2021and is expected to reach USD 131.73 billion by the year 2027, at a CAGR of 16.14%.
Automotive active safety systems are developed to provide safety to the customer and make the experience better. There are various systems installed in the vehicle that alerts the driver for any sort of problem in the vehicle. This system includes automated lighting, adaptive cruise control, automate braking, incorporate traffic warnings, connect to smartphones, alerting the driver about the blind spots and other dangers etc. The presence of strong companies in the market raises the entry barriers for new entrants. Major active safety system manufacturers also have to enter into strategic alliances with local dealers and automotive manufacturers to compensate for rules & regulations about doing business in certain countries.
This report presents a detailed analysis of the Automotive Active Safety System Market consumption trends globally, historic, and forecasts consumption volumes and values at the market and category level. It also provides indispensable data on brand share, distribution channels, profiles of companies active in the global Automotive Active Safety System market along with the latest industry news, in addition to mergers and acquisitions. This allows domestic and foreign companies to identify the market dynamics to account for sales overall and to know which categories and segments are showing growth in the coming years.
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Leading companies reviewed in the Automotive Active Safety System Market report are:
Bosch, Continental, Delphi, ZF Friedrichshafen, Autoliv,Takata,Bendix CVS,FLIR Systems,Hella,Hyundai Mobis,Infineon Technologies,Toyoda Gosei,Freescale Semiconductor,Navteq,Valeo
The growing vehicle fleet and the consequent rise in the focus on vehicle safety are the key factors driving the demand for automotive active safety systems. As a rise in the number of vehicles leads to an increase in the risk of road fatalities, the governing authorities in both the developed and developing regions are introducing stringent regulations for enhancing road safety. In line with this, automotive manufacturers are launching safety features in cars and are also investing in R&D activities to incorporate the latest technologies in these systems. Moreover, the growing demand for autonomous vehicles is further driving the market as active safety systems form a crucial component in these vehicles.
The analysis also divides the Automotive Active Safety System Market on the Applications:
Passenger Vehicles, Commercial Vehicles, Others
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By Type, Automotive Active Safety System Market has been segmented into:
Anti-lock Braking System (ABS),Lane Departure Warning System (LDWS),Driver Monitoring System (DMS),Adaptive Cruise Control (ACC),Tire Pressure Monitoring System (TPMS),Electronic Stability Control (ESC)
The Global Automotive Active Safety System Market Report was produced through extensive primary and secondary studies. The report also focuses on qualitative and quantitative assessments by analyzing data collected from industry analysts and market participants across key points in the industry's value chain, growth aspects, utilization and manufacturing capabilities.
Following regions are highlighted in this the Automotive Active Safety System Market report:
- North America
- Asia Pacific
- Europe
- Middle East & Africa
- Latin America
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Comprehensive assessment of all opportunities and risk in the Automotive Active Safety System Market.
- Collaboration Software Market recent innovations and major events.
-Detailed study of business strategies for growth of the Automotive Active Safety System Market -leading players.
-Conclusive study about the growth plot of Automotive Active Safety System Market for forthcoming years.
-In-depth understanding of Automotive Active Safety System Market -specific drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Automotive Active Safety System Market
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The automotive active safety system market is growing at a rapid pace across the globe.
Besides, the rising rate of road collisions and accidents that often turn into fatal ones creates a vast demand for active safety features such as automated lighting, automatic braking, and adaptive cruise control.Moreover, the proliferation of smartphones and smart connected devices that incorporate traffic warnings escalate market growth.
According to Market Research Future (MRFR), the global automotive active safety system market is projected to register approximately 10.65% CAGR throughout the review period (2017 to 2023).
Stringent government regulations for light vehicle active safety are the current global industry trends.Get Sample Report Here@ https://www.marketresearchfuture.com/sample_request/5469 Advances in automotive safety technology and the causal role these upgrades play in collision avoidance and mitigating the risk of an accident influence the growth of the market.
Nevertheless, augmenting demand for safety technologies and the increasing unit sale worldwide would support the market growth, increasing the uptake of active safety systems in the vehicles.Automotive Active Safety System Market – SegmentationsThe report is segmented into four dynamics; By Products : Lane Departure Warning, Tyre-Pressure Monitoring System, Adaptive Cruise Control, Driver Monitoring, Night Vision System, Anti-Lock Braking System, Blind Spot Detection system, and others.By Occupant Types: Driver, Passenger, Pedestrian, and Child.By Vehicle Types - Passenger Cars and Commercial Vehicles.By Regions - Americas, Europe, APAC, and Rest-of-the-World.If you need any specific requirement Ask to our Expert @ https://www.marketresearchfuture.com/enquiry/5469 Global Automotive Active Safety System Market – Regional Analysis North America dominates the global automotive active safety systems.
Besides, the increasing vehicle production and growing demand for automotive safety features drive the regional market.
Market Research Future (MRFR), in its latest report on the global automotive active spoiler market 2020, reveals different aspects of the market and potential forces that can impact the market dynamics.
The influence of COVID 19 outbreak on the market is also revealed in the report.
The global automotive active spoiler market is expected to rise at a CAGR of 6.9% over the forecast period.Active spoilers are installed in the vehicles to provide the dynamic adjustments when the vehicle is in operation.
Spoilers are placed in the vehicles to spoil the unfavorable air movement across the body of a vehicle to offer improved braking time.
Implementation of active spoilers in sports cars as well as passenger cars have resulted in reducing drag at high speed.
Increasing popularity of sports cars along with escalating consumer income in the developing economies is anticipated to augment the market growth during the forecast period.
Automotive Safety System Market Report Information by Active Technology (ESC, LDW, ABS, BSD, TPMS, EBD), by Passive Technology (Pedestrian, Whiplash Protection, Airbag), by Fuel Used (Petrol, Diesel, EV, HEV), by Offering (Software, Hardware), by Vehicle Type (Passenger, LCV and HCV), and by Region - Global Forecast to 2023.
The need for automotive safety system in automobiles arises from the huge and positive technological development in the automotive sector.
However, chances for mishaps increase radically with such high powered cars, thus, highlighting the need for implementing adequate life saving measures.
Secondly, automotive consumers have become more aware of road safety measures that should be incorporated.
The global automotive safety system market is estimated to grow at a CAGR of approx.
These technologies work real time with the vehicle, engine, and the Central Electronic Processing Unit (CEPU) to constantly create and update the database for crucial parameters of the vehicle.
