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.
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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
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Automotive Active Safety System Market: Segmentation by Geography
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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
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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.
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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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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Increase in safety concerns
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