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The global automotive active safety system market reached a value of US$ 11.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 28.6 Billion by 2027, exhibiting at a CAGR of 16.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
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.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive active safety system market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product, vehicle type, fuel type and offering.
Breakup by Product:
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Breakup by Offering:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Bosch, Continental, Delphi Technologies, ZF Friedrichshafen, Autoliv, Hyundai Mobis, Valeo, DENSO, Magna International, FLIR Systems, Infineon Technologies, Ficosa International S.A., Groupe PSA, Borg Warner Inc., CAx Software, 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.
|Base Year of the Analysis||2021|
|Segment Coverage||Product, Vehicle Type, Fuel Type, Offering, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||Bosch, Continental, Delphi Technologies, ZF Friedrichshafen, Autoliv, Hyundai Mobis, Valeo, DENSO, Magna International, FLIR Systems, Infineon Technologies, Ficosa International S.A., Groupe PSA, Borg Warner Inc. and CAx Software|
|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)|
Key Questions Answered in This Report:
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