Automotive Active Safety System Market by Offering, Technology, Vehicle Type, Distribution Channel

Description

List of Tables

[191 Pages Report] The Automotive Active Safety System Market size was estimated at USD 13.76 billion in 2023 and expected to reach USD 15.08 billion in 2024, at a CAGR 9.97% to reach USD 26.78 billion by 2030.

The automotive active safety systems are designed to prevent accidents and enhance vehicle safety. The primary goal of automotive active safety systems is to improve the reaction time of vehicles and assist drivers in critical situations to avoid collisions. The increasing consumer awareness and demand for safer vehicles has escalated the demand for automotive active safety systems such as automatic emergency braking, and lane-keeping assistance. In addition, regulatory bodies worldwide are implementing stricter safety standards for vehicles, mandating the inclusion of active safety features that can significantly reduce road mishaps. However, the market faces challenges such as the high costs of advanced safety technologies, which could hinder adoption, particularly in developing regions. Technological constraints also limit system reliability across varying road conditions, and integrating connectivity features raises data privacy and security concerns. Nevertheless, the increased integration of active safety systems with autonomous vehicle technologies presents substantial growth opportunities alongside emerging markets adopting global safety standards. Future innovations in automotive active safety systems focus on merging active safety systems with vehicle-to-everything (V2X) communications to enhance hazard response capabilities and develop cost-effective solutions to facilitate wider adoption.

KEY MARKET STATISTICS
Base Year [2023]	USD 13.76 billion
Estimated Year [2024]	USD 15.08 billion
Forecast Year [2030]	USD 26.78 billion
CAGR (%)	9.97%

Regional Insights

The adoption and development of automotive active safety systems in the Americas is significantly growing due to stringent safety regulations, high consumer awareness, and a tech-oriented market. Consumers in the Americas strongly prefer vehicles with advanced safety features, including automatic emergency braking and adaptive cruise control, largely driven by safety ratings and insurance incentives. In Asia-Pacific, government policies favoring smart and connected vehicles drive the demand for automotive active safety systems. The Asia-Pacific region has seen substantial growth in local manufacturing of safety sensors and systems, supported by heavy investments from domestic and international players. The European Union's robust regulatory framework pushes automakers to equip vehicles with state-of-the-art safety technologies, influencing consumer expectations and market trends. The Middle East region, with its affluent consumer base, shows a growing demand for luxury vehicles equipped with advanced safety systems. Conversely, Africa is an emerging market where the adoption of advanced technologies is moderated by cost sensitivity and lack of stringent regulations.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automotive Active Safety System Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Growing production and sales of autonomous and semi-autonomous vehicles
- Consumer awareness and demand for safer vehicles
- Government focus on reduction of road accidents and ensuring road safety

Market Restraints
- High cost of implementation and maintenance of automotive active safety systems

Market Opportunities
- Technological advancements in automotive active safety systems
- Favorable ecosystem for startup development

Market Challenges
- Integration and failure issues associated with automotive active safety systems

Market Segmentation Analysis
- Offering: Increasing usage of hardware in automotive active safety management
- Vehicle Type: Evolving penetration of automotive active safety systems in commercial vehicles

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automotive Active Safety System Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automotive Active Safety System Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Strategic Partnership Between Valeo and Teledyne FLIR Enhances Automotive Safety Through Thermal Imaging Integration

Valeo teamed up with Teledyne FLIR, a leader in thermal imaging technology, to pioneer the application of thermal imaging in automotive safety systems. This collaboration marks a significant step forward, as they have secured a major contract with a leading automotive OEM to introduce thermal cameras in the next generation of Advanced Driver-Assistance Systems (ADAS). This innovative technology will meet the Automotive Safety Integrity Level (ASIL) B requirements for night vision capabilities, crucial for enhancing road safety. [Published On: 2024-01-04]

Lippert Introduces Advanced Anti-lock Braking System for Enhanced RV Safety

Lippert Components unveiled an innovative anti-lock braking system specifically designed for recreational vehicles (RVs). This new system, aimed at improving road safety, offers advanced stabilization features that help prevent accidents by reducing the likelihood of wheel lockup during abrupt stops. The anti-lock braking system is engineered to enhance the driver's control over the vehicle, particularly under challenging road conditions. [Published On: 2023-07-16]

Magna Expands Active Safety Capabilities with Strategic Acquisition of Veoneer Active Safety

Magna completed its acquisition of Veoneer Active Safety from SSW Partners, significantly enhancing its active safety business. This strategic acquisition, enables Magna to address the growing complexities in advanced software, system integration, and comprehensive safety solutions in the automotive sector. The acquisition broadens the company's operational reach globally with nine facilities and 30 engineering and sales locations, strengthening its customer base and geographic influence in critical automotive regions. [Published On: 2023-06-01]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automotive Active Safety System Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automotive Active Safety System Market, highlighting leading vendors and their innovative profiles. These include Aisin Seiki Co., Ltd., Aptiv PLC, Autoliv Inc., Bendix Commercial Vehicle Systems LLC, BMW AG, BorgWarner Inc., Continental AG, DENSO Corporation, Dorman Products, Inc., HARMAN International, Hella KGaA Hueck & Co., Honeywell International Inc., Hyundai Mobis Co., Ltd., Infineon Technologies AG, Joyson Safety Systems Aschaffenburg GmbH, Lear Corporation, Magna International Inc., Mando Corp., Nihon Plast Co., Ltd, Renault Group, Robert Bosch GmbH, TOYODA GOSEI Co., Ltd., Toyota Corporation, Valeo SA, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Automotive Active Safety System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offering
- Hardware
- Software

Technology
- Anti-Lock Braking System
- Automatic Emergency Braking
- Blind Spot Detection
- Electronic Brake Force Distribution
- Electronic Stability Control
- Forward-Collision Warning
- Lane Departure Warning System
- Tire Pressure Monitoring System
- Traction Control System

Vehicle Type
- Commercial Vehicles
- Passenger Vehicles

Distribution Channel
- Aftermarket
- Original Equipment Manufacturers

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-CD5A9334D99D

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing production and sales of autonomous and semi-autonomous vehicles
  - 5.1.1.2. Consumer awareness and demand for safer vehicles
  - 5.1.1.3. Government focus on reduction of road accidents and ensuring road safety
- 5.1.2. Restraints
  - 5.1.2.1. High cost of implementation and maintenance of automotive active safety systems
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in automotive active safety systems
  - 5.1.3.2. Favorable ecosystem for startup development
- 5.1.4. Challenges
  - 5.1.4.1. Integration and failure issues associated with automotive active safety systems
5.2. Market Segmentation Analysis
- 5.2.1. Offering: Increasing usage of hardware in automotive active safety management
- 5.2.2. Vehicle Type: Evolving penetration of automotive active safety systems in commercial vehicles
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive Active Safety System Market, by Offering

6.1. Introduction
6.2. Hardware
6.3. Software

7. Automotive Active Safety System Market, by Technology

7.1. Introduction
7.2. Anti-Lock Braking System
7.3. Automatic Emergency Braking
7.4. Blind Spot Detection
7.5. Electronic Brake Force Distribution
7.6. Electronic Stability Control
7.7. Forward-Collision Warning
7.8. Lane Departure Warning System
7.9. Tire Pressure Monitoring System
7.10. Traction Control System

8. Automotive Active Safety System Market, by Vehicle Type

8.1. Introduction
8.2. Commercial Vehicles
8.3. Passenger Vehicles

9. Automotive Active Safety System Market, by Distribution Channel

9.1. Introduction
9.2. Aftermarket
9.3. Original Equipment Manufacturers

10. Americas Automotive Active Safety System Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Automotive Active Safety System Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Automotive Active Safety System Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Strategic Partnership Between Valeo and Teledyne FLIR Enhances Automotive Safety Through Thermal Imaging Integration
- 13.3.2. Lippert Introduces Advanced Anti-lock Braking System for Enhanced RV Safety
- 13.3.3. Magna Expands Active Safety Capabilities with Strategic Acquisition of Veoneer Active Safety
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio