Automotive Active Safety System Market: Global Industry Trends, Share, Size, Growth, Opportunity 2028

Automotive Active Safety Market

The automotive active safety market report provides an analysis for the period from 2017 to 2028, where 2019 to 2028 is the forecast period, while 2018 is the base year. This report on automotive active safety covers an in-depth analysis of the market including statistical and subjective data points, along with the key market drivers and opportunities & restraints that have positive or negative effects on the overall global market.

An exclusive coverage has been provided for market drivers and challenges & opportunities for a country-level market in the respective regional segments. The report comprises a competitive analysis of the key players functioning in the market and covers in-depth data related to the competitive landscape of the market and recent strategies & products that will assist or affect the market in the coming years.

The global automotive active safety market has been segmented on the basis of different safety types, such as blind spot detection, collision avoidance/warning systems, early warning of severe braking ahead, HUDs, ABS, electronic stability control, traction control, brake assist, adaptive/ autonomous cruise control, and manual override for central locking, among others. By different vehicle category, the market has been segmented into passenger cars, light commercial vehicles, trucks, and buses. The passenger vehicle segment has been further segmented into hatchback, premium hatchback, SUVs, and sedans.

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By different offerings, the active safety market is segmented into hardware, technologies, and software solutions. On the basis of different hardware, the market has been segmented into devices, sensors, and modules. On the basis of different devices, the market has been segmented into camera, vision system, radar system, and ultrasonic system. By different sensors and modules, the market has been segmented into image sensors, thermal sensors, acoustic sensors, ambience sensors, position sensors, gas sensors, inertial sensors, proximity sensors, and others. On the basis of different end-users, the market has been segmented into personal usage, commercial, and public usage. The commercial segment has been segmented into cargo carriers, passenger carriers, and automotive rental providers.

The ABS segment dominated the market in 2018 and is expected to display a similar trend in the coming years

In terms of safety type, the ABS segment dominated the market in 2018. ABS prevents the wheel from locking up, thus helping to avoid uncontrolled skidding of vehicles. It also decreases the distance travelled without slipping. ABS generally offers improved vehicle control and decreases stopping distances on slippery and dry surfaces.

The current government regulations have mandated ABS across several countries such as the U.S, Germany, and India, among others, thereby boosting the overall market growth over the years.

The increasing number of passenger vehicles across the globe is also a major factor to cause a rise in the demand for ABS. In addition to this, increasing rates of accidents are also triggering the overall market growth of active safety.
The Passenger car segment dominated the market in 2018 and is expected to display a similar trend in the coming years

In terms of different vehicle category, the passenger car segment accounted for a majority of market share in 2018. In 2017, there were production of 73.45 million units of passenger vehicles across the globe. China, Japan, and Germany are the major countries that are producing passenger vehicles in 2018. This has resulted in the rise in demand for active safety features in passenger vehicles in recent years.

The passenger vehicle segment is further segregated into hatchbacks, premium hatchbacks, SUVs, and sedans. Hatchbacks dominated the market owing to its affordability, low maintenance cost compared to sedans and SUVs. However, sedans and SUVs are expected to witness significant growth during the forecast period, owing to increasing safety features in these cars.

Asia Pacific is expected to witness the fastest growth during the forecast period
In terms of different region Asia Pacific market is expected to witness the fastest growth during the forecast period. India and China are leading economies in the Asia-Pacific region, owing to the rising awareness towards safety features in vehicles, increasing per capita income, and significant investments by top industry players due to potential growth opportunities present in the region.

The key players in the global automotive active safety market are

Autoliv Inc., Veoneer, Robert Bosch GmbH, Continental AG, Delphi Automotive LLP, TRW automotive, and Denso Corporation, among others

The players have stepped up to adopt new marketing strategies in order to spread awareness regarding safety features in vehicles. Moreover, market growth is attributed to strategic mergers & acquisitions, geographical expansions, and joint ventures & partnerships, which help to ensure long-term sustenance in the market.

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