Automotive Active Safety System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Automotive Active Safety System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1380
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Market Overview:

The global automotive active safety system market size reached US$ 13.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.3 Billion by 2028, exhibiting a growth rate (CAGR) of 15.8% during 2023-2028.

Automotive active safety is a preventive system which assists a driver in controlling the vehicle, preventing or mitigating road accidents and enhancing the overall driving experience under different road conditions and situations. The system helps in keeping the vehicle in the correct lane and shows blind spots that may otherwise lead to accidents or other hazards. It employs Forward Collision Warning (FCW) and Lane Departure Warning (LDW) which generate an alert when a potentially dangerous situation is detected. Its other features include Autonomous Emergency Braking (AEB), Electronic Stability Control (ESC) and Adaptive Cruise Control (ACC) which perform functions ranging from monitoring the vehicle’s braking and tire systems to maintaining a safe distance from the vehicle ahead. 

 

 
 

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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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive active safety system market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product, vehicle type, fuel type and offering.

Breakup by Product:

 

 
 

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  • Tyre-Pressure Monitoring System
  • Lane Departure Warning
  • Adaptive Cruise Control
  • Night Vision System
  • Driver Monitoring
  • Anti-Lock Braking System
  • Blind Spot Detection
  • Others
     

Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicle
  • Heavy Commercial Vehicles
  • Others
     

Breakup by Fuel Type:

  • Diesel Vehicles
  • Petrol Vehicles
  • Electric Vehicles
  • Others
     

Breakup by Offering:

  • Hardware
  • Software
     

Breakup by Region:

 

 
 

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  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Robert Bosch GmbH, Continental AG, Delphi Group, ZF Friedrichshafen AG, Autoliv, Hyundai Mobis, Valeo SA, DENSO Corporation, Magna International, FLIR Systems, Infineon Technologies AG, FICOSA GROUP, Peugeot S.A., Borg Warner Inc., CAx Software Private Limited, etc.

IMARC Group’s latest report provides a deep insight into the global automotive active safety system market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global automotive active safety system market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Product, Vehicle Type, Fuel Type, Offering, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Robert Bosch GmbH, Continental AG, Delphi Group, ZF Friedrichshafen AG, Autoliv, Hyundai Mobis, Valeo SA, DENSO Corporation, Magna International, FLIR Systems, Infineon Technologies AG, FICOSA GROUP, Peugeot S.A., Borg Warner Inc. and CAx Software Private Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Automotive Active Safety System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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