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Automotive Active Safety System Market

Published Date : Jun 2024 | Forecast Year : 2019

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Automotive Active Safety System Market Size, Share By Product Type (Tire-pressure Monitoring System, Lane Departure Warning, Night Vision System, Driver Monitoring, Blind Spot Detection) By Sensor Type (Camera Sensor, Radar Sensor, Lidar Sensor) Trends Regional Outlook, and Forecast 2024-2032

Report ID: AG741

Published : Jun 2024

Pages : 124

Format : Automotive Active Safety System Market

REPORT ATTRIBUTEDETAILS
MARKET SIZE (2032)USD 283.50 Billion
MARKET SIZE (2024)USD 143.19 Billion
CAGR (2023-2029)8.95 % %
HISTORIC YEAR2019
BASE YEAR2023
FORECAST YEAR2032
BY TYPETire-pressure Monitoring System
Lane Departure Warning
Adaptive Cruise Control
Night Vision System
Driver Monitoring
Antilock Braking System
Blind Spot Detection
BY APPLICATIONCamera Sensor
Radar Sensor
Lidar Sensor
GEOGRAPHIC ANALYSISNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa
KEY PLAYERSDelphi Automotive LLP, Borg Warner Inc., PSA Peugeot Citroen, Denso Corporation, TRW automotive, Continental AG, Autoliv Inc., Robert Bosch GmbH, Ficosa International S.A. .

The Global Automotive Active Safety System Market size was valued at USD 143.19 Billion in 2023. It is expected to reach at USD 283.50 Billion by 2032, exhibiting a CAGR of 8.95 % during the forecast period. This report provides a deep insight into the Automotive Active Safety System Market covering all its essential aspects. This ranges from a macro-overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. 

Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Automotive Active Safety System Market

Size, by Product, - (USD Billion)

Tire-pressure Monitoring System

Lane Departure Warning

Adaptive Cruise Control

Night Vision System

Other Products

8.95 %

The Market will Grow

At the CAGR of:

8.95 % %

The Forecast Market

Size for in USD:

$283.50 Billion

b0d51e3055fd6f23ff6a384a6e091406.svg

Automotive Active Safety System Market Segments

By Product Type: Tire-pressure Monitoring System, Lane Departure Warning, Adaptive Cruise Control, Night Vision System, Driver Monitoring, Antilock Braking System, Blind Spot Detection

By Sensor Type: Camera Sensor, Radar Sensor, Lidar Sensor 

Market Key Players

Delphi Automotive LLP, Borg Warner Inc., PSA Peugeot Citroen, Denso Corporation, TRW automotive, Continental AG, Autoliv Inc., Robert Bosch GmbH, Ficosa International S.A. 

Regional Analysis

  • North America: Large economies like the United States and Canada are covered in this region.
  • Europe: The European market includes countries such as Germany, UK, France, Italy, Russia, and others.
  • Asia-Pacific: This region includes major economies like China, Japan, India, South Korea, Australia, and others.
  • Latin America: Countries like Brazil, Argentina, Mexico and others are part of this region.
  • Middle East and Africa: This region comprises economies from North Africa, GCC countries, South Africa and others.
  • Eastern Europe: This region includes countries such as Poland, Russia, Ukraine and others.

These geographic markets are analysed in terms of the current scenario, growth outlook, and potential opportunities. The research is conducted by considering various aspects such as economic conditions, government policies, industrial development, competitive landscape, and consumer behavior in these regions.

Automotive Active Safety System Market

Share, by end user, (USD Billion)

Analytica Global 143.19 Billion %

Camera Sensor

Radar Sensor

Lidar Sensor

Other End-Users

b0d51e3055fd6f23ff6a384a6e091406.svg

283.50 Billion

Total Market Size

USD (Billion),

8.95 % %

CAGR

-

Market Overview:

  • The Automotive Active Safety Systems market is experiencing strong growth due to technological advancements, increasing vehicle safety requirements and increasing consumer demand for a safer driving experience. 
  • These systems include several advanced technologies such as Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB), Lane Departure Warning (LDW) and Blind Spot Detection (BSD). They use sensors, cameras, radar and advanced algorithms to detect potential hazards in real time and help drivers avoid or mitigate collisions.
  • The main factors driving the market are global strict safety regulations that force car manufacturers to integrate these systems to achieve higher safety levels and meet legal standards. 
  • In addition, consumer awareness and preference for vehicles with advanced safety features is becoming more common. Consumers are increasingly prioritizing safety technologies that increase driver awareness, improve response time and reduce the risk of accidents, which influence purchasing decisions.
  • Insurance discounts for vehicles equipped with active safety systems further encourage their adoption. Insurance companies often offer discounts on vehicles equipped with these technologies, encouraging automakers to include them in their vehicles. In addition, the integration of active safety systems plays a key role in the development of autonomous driving technology. 

Competitive Landscape Market:

  • Competitive Situation:
  • The report also analyzes the competitive situation in the market where some of the key players are 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.
  • Analytica Global's latest report provides a comprehensive overview of the global Automotive Active Safety Systems market, covering all its important aspects. It ranges from a macro-overview of the market to micro details on 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 and investors, researchers, consultants, business strategists and anyone who has any input or plans to enter the Automotive Active Safety Systems market in any way. 

    Automotive Active Safety System Market

    Size, by Product, - (USD Billion)

    NORTH AMERICA 24

    The Market will Grow

    At the CAGR of:

    8.95 % %

    The Forecast Market

    Size for in USD:

    $283.50 Billion

    b0d51e3055fd6f23ff6a384a6e091406.svg

Market Key Growth Factors:

  • Active safety systems in cars are designed to improve vehicle safety and prevent accidents. A number of factors influence the creation and implementation of these systems. Governments around the world have increased safety standards for cars. 
  • Car manufacturers must install active safety measures to meet these standards. Customers are increasingly looking for cars with the latest safety features. Many car buyers now prefer features such as adaptive cruise control, lane keeping assist and automatic emergency braking.
  • Thanks to advances in sensor technology, including radar, lidar and cameras, active security measures can now be implemented more cheaply. Car manufacturers try to reduce accidents and raise safety standards because it can improve their brand image and avoid expensive lawsuits. 
  • Consumer preference for passenger cars has risen in recent times, which has expanded the market. For example, the chart below shows ten years of global passenger car sales.

Market Drivers:

  • Regulatory req safety assessment programs such as NCAP around the world force car manufacturers to integrate advanced active safety systems into vehicles to improve crashworthiness and ensure compliance.
  • Growing consumer awareness of vehicle safety and availability of Advanced Driver Assistance Systems (ADAS) is driving demand. Consumers prefer functions such as Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Lane Strict safety requirements and standards set by governments and Detection (BSD), which improve driving safety and reduce the risk of accidents.
  • Insurance companies offer rebates or discounts for vehicles equipped with active safety systems. This encourages car manufacturers to integrate these technologies, as they improve vehicle safety and reduce the likelihood of accidents, potentially reducing insurance claims.
  • Continuous innovations in sensor technology, artificial intelligence (AI) and connectivity are improving the capabilities of active security systems. Advanced sensors, cameras, radar and lidar systems improve detection accuracy and response times, making these systems more effective at preventing collisions.
  • Active safety systems are an integral part of the development and deployment of autonomous vehicles. Technologies that enable adaptive cruise control, lane keeping assistance and automatic emergency braking are key elements of autonomous driving, driving investment and adoption. 

    Automotive Active Safety System Market TO (USD BN)

    Automotive Active Safety System Market

    CAGR OF

    8.95 % %

    Automotive Active Safety System Market

    b0d51e3055fd6f23ff6a384a6e091406.svg
    Analytica Global 283.50 Billion %

Restraints Factors:

  • The integration of advanced active safety systems increases the total cost of vehicles. High costs associated with sensors, cameras, and advanced software can make these technologies prohibitive in entry-level vehicles, limiting widespread adoption.
  • Active security systems rely on complex techniques and software algorithms. Ensuring robust reliability and performance in a variety of environmental conditions, road scenarios and user behavior presents significant technical challenges for car manufacturers.
  • Some active safety technologies may have limitations in certain driving conditions, such as bad weather (e.g. heavy rain, snow), dark environments or complex urban environments with heavy traffic and pedestrians. Overcoming these technical limitations requires continuous research and development.
  • Despite the benefits, some drivers may feel resistance or hesitation to fully trust and use active safety systems. Manager training and awareness of the capabilities and limitations of these technologies are essential to maximize their effectiveness and adoption.
  • As vehicles become more connected and dependent on electronic systems, cyber security threats pose a potential threat to the reliability and security of active safety systems. Automakers must invest in strong cyber security measures to protect themselves from potential vulnerabilities and attacks. 

FAQs

What is the projected market size & growth rate of the Automotive Active Safety System Market?

Ans: The Automotive Active Safety System Market is expected to reach at USD 283.50 Billion by 2032.

What are the key driving factors for the growth of the Automotive Active Safety System Market?

Ans:  The key factors fueling the growth of the Automotive Active Safety System market are stringent regulatory measures, increasing consumer demand for vehicle safety features, and advancements in sensor technology and artificial intelligence. 

What are the top players operating in the Automotive Active Safety System Market?

Ans: Some of the key players are Delphi Automotive LLP, Borg Warner Inc., PSA Peugeot Citroen, Denso Corporation, TRW automotive, Continental AG, Autoliv Inc., Robert Bosch GmbH, Ficosa International S.A. 

What segments are covered in the Automotive Active Safety System Market Report?

Ans: Market is segmented on the basis of by product type and sensor type.

Automotive Active Safety System Market - Global Outlook & Forecast -

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