Automotive Passive Safety System Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 172 SKU: IRTNTR45177

Automotive Passive Safety System Market Forecast 2024-2028

The Automotive Passive Safety System Market size is forecast to increase by USD 8.16 billion, at a CAGR of 6.52% between 2023 and 2028. The main factors driving this trend include the increased use of passive safety systems in developing nations, stringent safety regulations set by government agencies for passenger vehicles, and the rising importance of meeting crash test standards and NCAP ratings in the automotive sector. These developments highlight a global shift toward prioritizing safety in vehicles, with manufacturers and regulators alike emphasizing the need for advanced safety features to protect occupants and reduce the severity of accidents.

What will be the Size of the Market During the Forecast Period?

For More Highlights About this Report, Download Free Sample in a Minute 

Market Dynamic and Customer Landscape

The market is propelled by EuroNCAP regulations, influencing European carmakers and automotive manufacturers globally. Technological advancements in knee airbags, inflatable seatbelts, and intelligent seatbelts respond to government safety regulations, enhancing overall automotive security features. The market sees increasing consumer demand for advanced safety technologies, including airbags, seatbelts, occupant sensing systems, child safety systems, and pedestrian safety systems. This trend is evident in both passenger cars and commercial vehicles. However, meeting evolving safety standards and integrating advanced technologies pose challenges for industry players in this dynamic market landscape. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing importance of crash test norms and NCAP ratings is notably driving market growth. Governments worldwide disclose crash test ratings of automobiles for the benefit of automobile manufacturers, customers, and vendors. These ratings are published on many portals of government and non-government organizations, such as NHTSA, ASEAN NCAP, and Euro NCAP. The growing acceptance of safety certifications has compelled automotive manufacturers to manufacture vehicles that comply with security standards. The NCAP ratings for each automobile are based on the assessment that was carried out for occupant protection, pedestrian protection, and child protection systems. Governments and crash test rating agencies worldwide are imposing safety norms for automobiles because of the rise in concerns over passenger safety.

For instance, China's NCAP imposed new standards for low-speed crash testing or whiplash tests. It imposed tougher standards for the 40-mph offset frontal crash test. As per the Global NCAP standard, side-impact tests generally use a trolley, which hits the vehicle area just above the door at a speed of 31.06 mph (50 kph). These stringent crash test norms have increased the pressure on automotive safety system manufacturers and automotive manufacturers to incorporate high-standard safety systems. Thus, these factors are driving the growth of the market during the forecast period.

Key Market Trends

Increasing advancements in airbag technologies are an emerging trend shaping market growth. Automotive manufacturers and airbag suppliers have been continuously investing in research and development to enhance the protection performance of airbag systems. Traditional airbags were designed to deploy with full force in a crash. However, advancements in sensor technology have enabled the development of multi-stage airbags. These airbags can deploy with varying degrees of force depending on the severity of the impact, providing more effective protection and reducing the risk of injuries caused by excessive airbag deployment. 

However, side impact collisions pose unique security challenges, and to address this, curtain airbags have become common in modern vehicles. These airbags are designed to protect occupants during side impacts, reducing the risk of injuries to the head, chest, and abdomen. Such advancements in airbag technologies are expected to drive the demand, which, in turn, is expected to drive the growth of the market during the forecast period.

Major Market Challenge

The lack of regulation for airbags in medium and heavy-duty vehicles is a significant challenge hindering market growth. Unlike passenger cars, which are subject to stringent safety regulations and mandates for airbag installation, medium and heavy-duty vehicles, such as trucks, buses, and CVs, may not have the same level of regulatory requirements regarding airbag usage. The absence of regulations mandating airbags in medium and heavy-duty vehicles can lead to a lower adoption rate of airbag systems in these vehicle types. Manufacturers may not prioritize airbag installation in such vehicles due to lower demand or perceived cost concerns. 

Moreover, manufacturers of medium and heavy-duty vehicles conduct cost-benefit analyses to determine whether the installation of airbags is economically viable. The absence of regulatory requirements may impact their decision-making process, leading to potential cost-saving measures at the expense of safety features. Such factors are expected to hinder the growth of the market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

APV Corporate - The company offers automotive passive safety systems through its subsidiary APV Safety Products such as Seat belt kits for cars, light commercials, 4WD, SUV, and small passenger vehicles.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • APV Corporate
  • Ashimori Industry Co. Ltd.
  • Autoliv Inc.
  • Elastic Berger GmbH and Co. KG
  • Faurecia SE
  • Goradia Industries
  • Hyundai Motor Co.
  • Infineon Technologies AG
  • Jinzhou Jinheng Automotive Safety System Co. Ltd.
  • Joyson Safety Systems Aschaffenburg GmbH
  • Nihon Plast Co. Ltd.
  • Ningbo Joyson Electronic Corp.
  • NXP Semiconductors NV
  • Robert Bosch GmbH
  • Schaeffler AG
  • Tokai Rika Co. Ltd.
  • Toyota Motor Corp.
  • ZF Friedrichshafen AG
  • Knauf Industries
  • TaiHangChangQing Automobile Safety System Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segment in the Market?

The airbags segment is estimated to witness significant growth during the forecast period. Airbags are automotive protection features that are engineered to inflate at a rapid speed during an accident. Inflated airbags help in protecting in-vehicle occupants in the event of a crash. Therefore, they are categorized under automotive passive safety features. The growing importance of safeness among consumers and the increasing pressure on OEMs from regulatory bodies to enhance vehicle security are increasing the demand for features such as airbags

Get a glance at the market contribution of various segments Download the PDF Sample

The airbags segment was the largest and was valued at USD 10.65 billion in 2018. Additionally, emergency calling (eCall), which has been mandated in several countries across the globe, will likely influence the growth of the airbag segment. The eCall feature is automatically activated upon airbag deployment in the occurrence of a road crash. Such regulations, which do not directly necessitate the adoption of eCall airbags in vehicles, are bound to positively affect the growth of the airbag segment. India, which holds a major market share in the demand for vehicles, has made it mandatory to deploy two airbags for front-seat passengers. This is expected to contribute to the growth of the airbags segment of the market during the forecast period.

Which are the Key Regions for the Market?

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The system market in APAC is expected to register one of the fastest growth rates during the forecast period. China is a major contributor and represents the largest market in APAC. A primary factor for the growth of the market is the growing adoption of passenger cars and CVs in China. Along with China, Japan, and India are crucial contributors to the demand due to high-volume automotive production. Additionally, consumer awareness and the demand for security features are expected to drive the use of side airbags in entry-level and mid-segment vehicles during the forecast period. Such adoption may add to the cost of vehicles but may lead to economies of scale, which could reduce costs.

Furthermore, the presence of numerous suppliers in the market is expected to reduce costs. The growing demand for security systems has made airbag fabric supplier Porcher Industries expand its capacity at its 24,000 sqm manufacturing site in China. Such developments will attract several customers to opt for vehicles geared with side airbags. In addition, OEMs have started introducing advanced protection features in mid-segment vehicles to comply with regulations or gain a competitive advantage over other players in this highly competitive market. These factors are expected to increase the demand for automotive side airbags in APAC during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Product Outlook
    • Airbags
    • Seat belts
    • Whiplash protection system (WHIPS)
    • Occupant sensing system
  • End-user Outlook 
    • Passenger vehicles
    • Commercial vehicles
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst overview

The market is witnessing remarkable growth driven by advancements in steering systems and automotive active safety technologies. With a focus on preventing road accidents and enhancing the driving experience, the market introduces innovative features such as the Lane Departure Warning System (LDWS), active cruise control, and blind-spot detection. These preventive systems, especially crucial in high-speed collisions on motorways and expressways, aim to correct actions in critical situations. The incorporation of advanced driver assistance systems (ADAS) ensures safeness, addressing human errors, while also accommodating the rise of autonomous and electric vehicles. This comprehensive approach spans hardware, software, and various vehicle categories, including on-highway, off-highway, and electric vehicles, shaping the future of automotive safety.

Additionally, the market is driven by continuous advancements and a holistic approach to vehicular safety. European carmakers, under stringent EuroNCAP safety regulations, emphasize innovative technologies such as knee airbags, inflatable seatbelts, and intelligent seatbelts. This market evolution incorporates structural reinforcements and energy-absorbing materials, ensuring the effectiveness of passive safety features. Additionally, Advanced Airbag Technologies, Advanced Driver-Assistance Systems (ADAS), and pedestrian safety systems contribute to the comprehensive safety landscape.

Moreover, the governments globally enforce rules, impacting luxury vehicles and influencing purchasing power. The report evaluates the market across emerging economies, encompassing various protection technologies, from antilocking braking systems to driver monitoring. This extends to advanced features in autonomous vehicles, reinforcing security in both on-highway and off-highway vehicles, including luxury cars and SUVs.

Market Scope

Report Coverage

Details

Page number

172

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.52%

Market Growth 2024-2028

USD 8.16 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.36

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 43%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

APV Corporate, Ashimori Industry Co. Ltd., Autoliv Inc., Elastic Berger GmbH and Co. KG, Faurecia SE, Goradia Industries, Hyundai Motor Co., Infineon Technologies AG, Jinzhou Jinheng Automotive Safety System Co. Ltd., Joyson Safety Systems Aschaffenburg GmbH, Nihon Plast Co. Ltd., Ningbo Joyson Electronic Corp., NXP Semiconductors NV, Robert Bosch GmbH, Schaeffler AG, Tokai Rika Co. Ltd., Toyota Motor Corp., ZF Friedrichshafen AG, Knauf Industries, and TaiHangChangQing Automobile Safety System Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global automotive passive safety system market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global automotive passive safety system market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Airbags - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Airbags - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Airbags - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Airbags - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Airbags - Year-over-year growth 2023-2028 (%)
    • 6.4 Seat belts - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Seat belts - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Seat belts - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Seat belts - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Seat belts - Year-over-year growth 2023-2028 (%)
    • 6.5 Whiplash protection system (WHIPS) - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Whiplash protection system (WHIPS) - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Whiplash protection system (WHIPS) - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Whiplash protection system (WHIPS) - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Whiplash protection system (WHIPS) - Year-over-year growth 2023-2028 (%)
    • 6.6 Occupant sensing system - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Occupant sensing system - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Occupant sensing system - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Occupant sensing system - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Occupant sensing system - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Product
      • Exhibit 50: Market opportunity by Product ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 52: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 54: Chart on Comparison by End-user
      • Exhibit 55: Data Table on Comparison by End-user
    • 7.3 Passenger vehicles - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)
    • 7.4 Commercial vehicles - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 64: Market opportunity by End-user ($ billion)
      • Exhibit 65: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 APV Corporate
              • Exhibit 119: APV Corporate - Overview
              • Exhibit 120: APV Corporate - Product / Service
              • Exhibit 121: APV Corporate - Key offerings
            • 12.4 Ashimori Industry Co. Ltd.
              • Exhibit 122: Ashimori Industry Co. Ltd. - Overview
              • Exhibit 123: Ashimori Industry Co. Ltd. - Business segments
              • Exhibit 124: Ashimori Industry Co. Ltd. - Key offerings
              • Exhibit 125: Ashimori Industry Co. Ltd. - Segment focus
            • 12.5 Autoliv Inc.
              • Exhibit 126: Autoliv Inc. - Overview
              • Exhibit 127: Autoliv Inc. - Product / Service
              • Exhibit 128: Autoliv Inc. - Key offerings
            • 12.6 Elastic Berger GmbH and Co. KG
              • Exhibit 129: Elastic Berger GmbH and Co. KG - Overview
              • Exhibit 130: Elastic Berger GmbH and Co. KG - Product / Service
              • Exhibit 131: Elastic Berger GmbH and Co. KG - Key offerings
            • 12.7 Faurecia SE
              • Exhibit 132: Faurecia SE - Overview
              • Exhibit 133: Faurecia SE - Product / Service
              • Exhibit 134: Faurecia SE - Key offerings
            • 12.8 Goradia Industries
              • Exhibit 135: Goradia Industries - Overview
              • Exhibit 136: Goradia Industries - Product / Service
              • Exhibit 137: Goradia Industries - Key offerings
            • 12.9 Hyundai Motor Co.
              • Exhibit 138: Hyundai Motor Co. - Overview
              • Exhibit 139: Hyundai Motor Co. - Business segments
              • Exhibit 140: Hyundai Motor Co. - Key news
              • Exhibit 141: Hyundai Motor Co. - Key offerings
              • Exhibit 142: Hyundai Motor Co. - Segment focus
            • 12.10 Nihon Plast Co. Ltd.
              • Exhibit 143: Nihon Plast Co. Ltd. - Overview
              • Exhibit 144: Nihon Plast Co. Ltd. - Business segments
              • Exhibit 145: Nihon Plast Co. Ltd. - Key offerings
              • Exhibit 146: Nihon Plast Co. Ltd. - Segment focus
            • 12.11 Ningbo Joyson Electronic Corp.
              • Exhibit 147: Ningbo Joyson Electronic Corp. - Overview
              • Exhibit 148: Ningbo Joyson Electronic Corp. - Product / Service
              • Exhibit 149: Ningbo Joyson Electronic Corp. - Key news
              • Exhibit 150: Ningbo Joyson Electronic Corp. - Key offerings
            • 12.12 Robert Bosch GmbH
              • Exhibit 151: Robert Bosch GmbH - Overview
              • Exhibit 152: Robert Bosch GmbH - Business segments
              • Exhibit 153: Robert Bosch GmbH - Key offerings
              • Exhibit 154: Robert Bosch GmbH - Segment focus
            • 12.13 Schaeffler AG
              • Exhibit 155: Schaeffler AG - Overview
              • Exhibit 156: Schaeffler AG - Business segments
              • Exhibit 157: Schaeffler AG - Key offerings
              • Exhibit 158: Schaeffler AG - Segment focus
            • 12.14 TaiHangChangQing Automobile Safety System Co. Ltd.
              • Exhibit 159: TaiHangChangQing Automobile Safety System Co. Ltd. - Overview
              • Exhibit 160: TaiHangChangQing Automobile Safety System Co. Ltd. - Product / Service
              • Exhibit 161: TaiHangChangQing Automobile Safety System Co. Ltd. - Key offerings
            • 12.15 Tokai Rika Co. Ltd.
              • Exhibit 162: Tokai Rika Co. Ltd. - Overview
              • Exhibit 163: Tokai Rika Co. Ltd. - Product / Service
              • Exhibit 164: Tokai Rika Co. Ltd. - Key offerings
            • 12.16 Toyota Motor Corp.
              • Exhibit 165: Toyota Motor Corp. - Overview
              • Exhibit 166: Toyota Motor Corp. - Business segments
              • Exhibit 167: Toyota Motor Corp. - Key offerings
              • Exhibit 168: Toyota Motor Corp. - Segment focus
            • 12.17 ZF Friedrichshafen AG
              • Exhibit 169: ZF Friedrichshafen AG - Overview
              • Exhibit 170: ZF Friedrichshafen AG - Business segments
              • Exhibit 171: ZF Friedrichshafen AG - Key news
              • Exhibit 172: ZF Friedrichshafen AG - Key offerings
              • Exhibit 173: ZF Friedrichshafen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 174: Inclusions checklist
                • Exhibit 175: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 176: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 177: Research methodology
                • Exhibit 178: Validation techniques employed for market sizing
                • Exhibit 179: Information sources
              • 13.5 List of abbreviations
                • Exhibit 180: List of abbreviations

              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.

              INFORMATION 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

              DATA 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

              REPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              automotive passive safety system market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis