Automotive Active Safety Systems Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Bosch, FLIR Systems, Continental, ZF Friedrichshafen, Autoliv, Delphi Technologies, DENSO

Registering a CAGR of 16.5% over the forecast period, the market value of Automotive Active Safety Systems is expected to reach US$ 24,400.50 million in the year 2027.

Automotive Active Safety Systems Market Overview

The growing vehicle fleet and the resulting increased emphasis on vehicle safety are the primary factors driving demand for automotive active safety systems. As the number of vehicles on the road increases, so does the risk of road fatalities, so governments in both developed and developing countries are enacting stringent regulations to improve road safety. In line with this, automakers are introducing new safety features and investing in R&D to incorporate cutting-edge technologies into these systems. Furthermore, the growing demand for autonomous vehicles is propelling the market, as active safety systems are an important component in these vehicles.

The complexity and high cost of features are the primary restraints on the market's growth. Microcontroller units, electronic control units, and various sensors such as ultrasonic, image, radio, or laser sensors, and infrared sensors are used in these systems. These components raise the cost by increasing the complexity of the safety features. Currently, only a select group of buyers can afford driver assistance features. This could limit the market's growth.

In order to compete in the automotive safety system market in the future, OEMs will need to develop new innovative products and features. Demographic trends such as customer preference for updated technology and an increase in global automotive sales are some of the key driving forces for the automotive active safety system market.

The report aspects discussed the profile of the top manufacturers of the global Automotive Active Safety Systems market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined the Automotive Active Safety Systems Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in the Automotive Active Safety Systems Market?

The global Automotive Active Safety Systems includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Bosch, FLIR Systems, Continental, ZF Friedrichshafen, Autoliv, Delphi Technologies, DENSO, Hyundai Mobis, Magna International, Valeo, Infineon Technologies and others.

Industry News and Updates:

Volvo's electric trucks now have a new unique safety feature.

2022-01-25— Volvo Trucks introduces Active Grip Control, a new patented safety feature for electric trucks. In slippery conditions, the new technology significantly improves stability, acceleration, and braking.

What are the major Applications, Types, and Regions for the Automotive Active Safety Systems Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Driver Assistance Systems


• Electronic Braking Systems


• Others

By Application, it is segmented into

• Passenger Vehicles


• Commercial Vehicles

Automotive Active Safety Systems Market Regional Analysis

In terms of value, the North American automotive active safety system market leads the global market, followed by Europe and Asia-Pacific. Increased premium car sales, government regulations to reduce road accidents, and favorable economic conditions are key drivers for the global automotive active safety system market.

With growing economies and rising disposable income in China and India, the Asia Pacific region is expected to be a potential growth region in the automotive active safety system market.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Automotive Active Safety Systems Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Automotive Active Safety Systems Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Automotive Active Safety Systems Market report scope?

Scope of the Report covers Automotive Active Safety Systems Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Automotive Active Safety Systems Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Key Takeaways from this Automotive Active Safety Systems Report

• Evaluate Automotive Active Safety Systems market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Automotive Active Safety Systems market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Automotive Active Safety Systems Market is studied from 2017 - 2027.

What is the growth rate of the Automotive Active Safety Systems Market?

The Automotive Active Safety Systems Market is growing at a CAGR of 16.5% over the next 5 years.

Who are the key players in Automotive Active Safety Systems Market?

Bosch, FLIR Systems, Continental, ZF Friedrichshafen, Autoliv, Delphi Technologies*, DENSO, Hyundai Mobis, Magna International, Valeo, Infineon Technologies

What regions does this Automotive Active Safety Systems Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Automotive Active Safety Systems Market?

Driver Assistance Systems, Electronic Braking Systems, Others

What are the major end-use applications of Automotive Active Safety Systems Market?

Passenger Vehicles, Commercial Vehicles

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