Automotive Safety Systems Market is forecasted to value over USD 200 billion by 2028 end and register a CAGR of 10% from the forecast period 2021-2028.
With the advent of IoT and AI, the automotive industry is bound to showcase significant growth in the upcoming years. The rise in the manufacturing of autonomous vehicles, the customers obtaining predictive maintenance data, understanding traffic dynamics are some of the factors that have resulted in the significant growth of the automotive industry. Furthermore, many car dealers are using the latest technologies like augmented reality which enhances the buying experience of consumers. Major car manufacturers are slowly adopting Automotive Safety Systems owing to the air pollution caused by gasoline and diesel vehicles which has opened new opportunities for emerging players to establish their position in the market.
The Automotive Safety Systems Market assessment is performed taking various factors into consideration, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The Automotive Safety Systems Market is also evaluated based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.
Major players included in the Automotive Safety Systems Market:
- Robert Bosch
- Denso
- Delphi Automotive
- Infineon
- ZF Friedrichshafen
- Continental
- Valeo
- Magna.
- Autoliv
- Mobileye
- Hyundai Mobis
- Takata
- Knorr-Bremse
(Note: The list of the major players will be updated with the latest market scenario and trends)
Automotive Safety Systems Market Segmentation:
By On-Highway Vehicle Type
- Buses
- Light Commercial Vehicles
- Hardwares
- Trucks
By Off-Highway Vehicle
- Agriculture Vehicle
- Construction Vehicle
By Electric Vehicle
- Active Safety Systems
- Fuel Cell Electric Vehicle (FCEV)
- Hybrid Electric Vehicle (HEV)
- Passive Safety Systems
By Offering
- Hardware
- Software
By Technology
- Active Safety Systems
- Anti-Lock Braking Systems (ABS)
- Automatic Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Electronic Brake Force Distribution (EBD)
- Electronic Stability Control (ESC)
- Forward-Collision Warning (FCW)
- Lane Departure Warning Systems (LDWS)
- Traction Control System (TCS)
- Tire Pressure Monitoring Systems (TPMS)
- Passive Safety Systems
- Occupant Protection
- Seatbelts
- Airbags
- Pedestrian Protection Systems
- Pedestrian Protection Airbag
- Active Hood Lifters
- Whiplash Protection System
- Occupant Protection
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Automotive Safety Systems Market Competitive Analysis:
- Tier-1 Players
- Tier-2 Players
- Emerging Players
- New Entrants
Future Market Analytics Focus Points:
- SWOT Analysis
- Key Market Trends
- Key Data -Points Affecting Market Growth
- Revenue and Forecast Analysis
- Growth Opportunities For New Entrants and Emerging Players
- Key Player and Market Growth Matrix
Objectives of the Study:
- To provide a comprehensive analysis on the Automotive Safety Systems Market by on-highway vehicle type, by off-highway vehicle, by electric vehicle, by offering, by technology and by region
- To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
- To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
- To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
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