Automotive Passive Safety System Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR45177

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The automotive passive safety system market value is projected to grow by USD 3.35 billion at a CAGR of almost 4% during 2021-2025.

This automotive passive safety system market analysis report entails exhaustive statistical qualitative and quantitative data on type (airbags, seatbelts, whiplash protection system, and occupant sensing system) and geography (APAC, North America, Europe, South America, and MEA) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Automotive Passive Safety System Market Size be in 2021?

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

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Automotive Passive Safety System Market: Key Drivers and Trends

According to our research output, there has been a  impact on the market growth post COVID-19 era. Key drivers such as the increased adoption in developing countries are notably supporting the automotive passive safety system market growth. However, one of the foremost factors impeding market growth is sharp decline in automobile production and sales. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This automotive passive safety system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Automotive Passive Safety System Market Vendors?

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

 

  • Autoliv Inc.
  • Continental AG
  • DENSO Corp.
  • Faurecia SE
  • Hyundai Mobis Co. Ltd.
  • Nihon Plast Co. Ltd.
  • Ningbo Joyson Electronic Corp.
  • Tokai Rika Co. Ltd.
  • Toyoda Gosei Co. Ltd.
  • ZF Friedrichshafen AG

 

The automotive passive safety system market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The automotive passive safety system market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

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.

For insights on complete key vendor profiles, download a free sample of the automotive passive safety system market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Automotive Passive Safety System Market?

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

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China, Japan, and India are the key markets for automotive passive safety system market in APAC. Learn about the key, emerging, and untapped markets from our automotive passive safety system market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 55% of the market’s growth will originate from APAC during the forecast period.

APAC has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in APAC is governing bodies mandating safety regulations. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Automotive Passive Safety System Market?

Automotive-Passive-Safety-System-Market-Market-Share-by-Type-2020-2025

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The automotive passive safety system market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The automotive passive safety system market share growth by the airbags segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough automotive passive safety system market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the automotive passive safety system market size.

 

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What are the Key Factors Covered in this Automotive Passive Safety System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive passive safety system market growth during the next five years
  • Precise estimation of the automotive passive 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 passive safety system market across APAC, North America, Europe, South America, and MEA 
  • 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 passive 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.

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
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The automotive passive safety system market growth will increase by $2.28 billion during 2019-2024.
The automotive passive safety system market is expected to grow at a CAGR of 1.68% during 2019-2024.
Technavio has segmented the automotive passive safety system market by type (Airbags, Seatbelts, Whiplash protection system, and Occupant sensing system) and geographic (APAC, North America, Europe, South America, and MEA).
Autoliv Inc., Continental AG, DENSO Corp., Faurecia SA, Hyundai Mobis Co. Ltd., Nihon Plast Co. Ltd, Ningbo Joyson Electronics Co. Ltd., Tokai Rika Co. Ltd., Toyoda Gosei Co. Ltd., ZF Friedrichshafen AG are a few of the key vendors in the automotive passive safety system market.
APAC will register the highest growth rate of 64.04% among the other regions. Therefore, the automotive passive 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 passive safety system market growth are:
  • Adoption of passive safety systems in vehicles in developing countries
  • Future regulations on curtain airbags to boost the market
The automotive passive safety system market vendors should focus on grabbing business opportunities from the airbags segment as it accounted for the largest market share in the base year.
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