PUBLISHER: TechNavio | PRODUCT CODE: 1515968
PUBLISHER: TechNavio | PRODUCT CODE: 1515968
The automotive active safety system market is forecasted to grow by USD 2198.8 mn during 2023-2028, accelerating at a CAGR of 3.31% during the forecast period. The report on the automotive active safety system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in safety concerns, rapid advances in automotive safety systems, and advances in safety with introduction of sensor technology.
Technavio's automotive active safety system market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.17% |
CAGR | 3.31% |
Incremental Value | $2198.8mn |
By Safety And Signaling System
By Vehicle Type
By Geographical Landscape
This study identifies the growing development of AI-enabled adas solutions as one of the prime reasons driving the automotive active safety system market growth during the next few years. Also, development of eco-cruise control and active safety, trademark for safer driving will lead to sizable demand in the market.
The report on the automotive active safety system market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive active safety system market vendors that include Aptiv Plc, Autoliv Inc., Continental AG, DENSO Corp., Faurecia SE, Infineon Technologies AG, Joyson Safety Systems Aschaffenburg GmbH, Knorr Bremse AG, Lear Corp., Magna International Inc., Mobileye Technologies Ltd., Ningbo Jifeng Auto Parts Co. Ltd., Robert Bosch GmbH, Samsung Electronics Co. Ltd., TomTom NV, Toyoda Gosei Co. Ltd., Valeo SA, Veoneer Inc., Visteon Corp., and ZF Friedrichshafen AG. Also, the automotive active safety system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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