Automotive Active Safety System Market by Safety Feature and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR46621
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The automotive active safety system market size has the potential to grow by USD 12.59 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.85%. 

This report provides a detailed analysis of the market by safety feature (ABS, LDWS, ESC, ACC, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

Automotive-Active-Safety-System-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Aptiv Plc
  • Autoliv Inc.
  • Continental AG
  • DENSO Corp.
  • Magna International Inc.
  • Robert Bosch GmbH
  • Toyoda Gosei Co. Ltd.
  • Valeo SA
  • Visteon Corp.
  • ZF Friedrichshafen AG

 

The automotive active safety system market is fragmented and the vendors are deploying growth strategies such as developing innovative designs in terms of safety and additional features to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the increase in safety concerns to achieve growth opportunities. However, factors such as complexity in designing active safety systems will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the automotive active safety system market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This automotive active safety system market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Automotive Active Safety System Market: Key Drivers and Trends

  • The increase in safety concerns is one of the primary growth factors for the automotive active safety system market.
  • The increasing use of automobiles for long-distance traveling is influencing the demand for automotive safety systems. This is inducing automotive OEMs to extensively focus on improving road safety by preventing accidents and reducing injuries.
  • The hectic lifestyle of the consumers and unfavorable driving etiquette such as messaging, surfing, and speaking on the phone while driving, resulting in automotive accidents.
  • Safety systems, such as BSD, lane departure warning, parking assist, and DMS assist in accident prevention and driver protection. 
  • The development of eco-cruise control is one of the key trends that will gain traction in the automotive active safety system market during the next few years.
  • Eco-cruise control or economic cruise control is different from normal cruise control as this system is designed for uneven roads that impact the consumption of a significant amount of fuel while driving normally.
  • This eco-cruise control uses GPS and GIS to adjust the speed of the vehicle.
  • Electronic cruise control (ECC) is the combination of an intelligent system and control unit. The fuel consumption of the vehicle is reduced by using algorithms.

 

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Automotive Active Safety System Market: Segmentation by Geography

Automotive-Active-Safety-System-Market-Market-Share-by-Region-2020-2025

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41% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for automotive active safety systems in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The rising awareness levels on safety features is one of the prime factors that will facilitate the automotive active safety system market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Automotive Active Safety System Market: Segmentation by Safety Feature

Automotive-Active-Safety-System-Market-Market-Share-by-Safety Feature-2020-2025

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ABS is a widely preferred device in passenger cars and CVs. However, in the motorcycle segment, the system is gaining traction owing to legislation push. This system provides efficient braking and stability during emergency situations. The high-volume adoption of passenger cars and CVs in APAC has boosted the use of ABS in the region. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive active safety system market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

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Automotive Active Safety System Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive active safety system market growth during the next five years
  • Precise estimation of the automotive active safety system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive active safety system industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive active safety system market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The automotive active safety system market growth will increase by $12.59 billion during 2020-2025.
The automotive active safety system market is expected to grow at a CAGR of 6.85% during 2020-2025.
Technavio has segmented the automotive active safety system market by other1 (ABS, LDWS, ESC, ACC, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
Aptiv Plc, Autoliv Inc., Continental AG, DENSO Corp., Magna International Inc., Robert Bosch GmbH, Toyoda Gosei Co. Ltd., Valeo SA, Visteon Corp., ZF Friedrichshafen AG are a few of the key vendors in the automotive active safety system market.
APAC will register the highest growth rate of 40.75% among the other regions. Therefore, the automotive active safety system market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the automotive active safety system market growth are:
  • Increase in safety concerns
The automotive active safety system market vendors should focus on grabbing business opportunities from the abs segment as it accounted for the largest market share in the base year.
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