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Car Safety Market Set to Reach USD 240.92 Billion by 2030

01-08-2025 10:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Maximize Market Research Pvt. Ltd.

Car Safety Market

Car Safety Market

๐‚๐š๐ซ ๐’๐š๐Ÿ๐ž๐ญ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The global car safety market is experiencing substantial expansion, driven by increasing consumer awareness and stringent government regulations. Valued at approximately USD 131.62 billion in 2023, the market is projected to reach nearly USD 240.92 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.02% during the forecast period.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

The surge in demand for advanced safety features is largely attributed to the rising number of road accidents worldwide. Consumers are increasingly prioritizing vehicles equipped with technologies such as blind spot detection, lane keep assist, and anti-roll braking systems. Additionally, the growing adoption of electric vehicles (EVs) is contributing to market growth, with global EV sales expected to increase from 10 million in 2022 to 14 million in 2023.

๐˜๐ž๐š๐ซ-๐„๐ง๐ ๐’๐š๐ฅ๐ž! ๐†๐ž๐ญ ๐ฎ๐ฉ ๐ญ๐จ ๐Ÿ‘๐ŸŽ% ๐จ๐Ÿ๐Ÿ ๐จ๐ง ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ-๐ฅ๐ข๐ฆ๐ข๐ญ๐ž๐ ๐ญ๐ข๐ฆ๐ž ๐จ๐ง๐ฅ๐ฒ: https://www.maximizemarketresearch.com/request-sample/34303/

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐€๐ฌ๐ข๐š-๐๐š๐œ๐ข๐Ÿ๐ข๐œ:

Asia-Pacific stands as the fastest-growing region in the car safety market, holding a significant market share of approximately 20.1% in 2023. The region is anticipated to grow at a CAGR of 10.6% during the forecast period, maintaining its dominance by 2030. This growth is propelled by rising vehicle ownership and increased consumer spending on safety features, particularly in countries like China and India.

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐‘ช๐’‚๐’“ ๐‘บ๐’‚๐’‡๐’†๐’•๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž:

Vietnam is witnessing a growing emphasis on vehicle safety standards, with both government initiatives and consumer demand driving the adoption of advanced safety systems. The increasing urbanization and rising disposable incomes are contributing to the expansion of the car safety market in the country.

๐‘ช๐’‚๐’“ ๐‘บ๐’‚๐’‡๐’†๐’•๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…:

Thailand's automotive industry is integrating advanced safety features to meet international standards and cater to safety-conscious consumers. The government's focus on reducing road accidents is further propelling the adoption of car safety systems.

๐‘ช๐’‚๐’“ ๐‘บ๐’‚๐’‡๐’†๐’•๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฑ๐’‚๐’‘๐’‚๐’:

Japan, known for its technological advancements, is at the forefront of developing innovative car safety technologies. The country's automotive manufacturers are investing heavily in research and development to introduce cutting-edge safety features, aligning with the global shift towards autonomous driving.

๐‘ช๐’‚๐’“ ๐‘บ๐’‚๐’‡๐’†๐’•๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚:

South Korea's automotive sector is experiencing consolidation, with major players focusing on mergers and acquisitions to enhance their technological capabilities in car safety. This strategic move aims to strengthen their position in the competitive global market.

๐‘ช๐’‚๐’“ ๐‘บ๐’‚๐’‡๐’†๐’•๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ผ๐’‘๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†:

Singapore is updating its vehicle safety regulations to incorporate advanced driver-assistance systems (ADAS). The government's proactive approach in adopting new technologies is fostering a safer driving environment and encouraging the adoption of modern car safety features.

๐‘ช๐’‚๐’“ ๐‘บ๐’‚๐’‡๐’†๐’•๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐’•๐’‰๐’† ๐‘ผ๐’๐’Š๐’•๐’†๐’… ๐‘บ๐’•๐’‚๐’•๐’†๐’”:

The United States is witnessing significant advancements in car safety technologies, driven by consumer demand and regulatory requirements. The luxury car segment, in particular, is incorporating state-of-the-art safety features to attract discerning customers.

๐‘ช๐’‚๐’“ ๐‘บ๐’‚๐’‡๐’†๐’•๐’š ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†:

Europe's automotive industry is characterized by stringent safety regulations, prompting manufacturers to integrate advanced safety systems into their vehicles. The region's commitment to reducing road fatalities is a key driver of market growth.

๐„๐š๐ ๐ž๐ซ ๐ญ๐จ ๐๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ฐ๐ก๐š๐ญ'๐ฌ ๐ฐ๐ข๐ญ๐ก๐ข๐ง? ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/34303/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

Leading companies in the car safety market, such as ๐€๐ฎ๐ญ๐จ๐ฅ๐ข๐ฏ ๐ˆ๐ง๐œ., ๐‚๐จ๐ง๐ญ๐ข๐ง๐ž๐ง๐ญ๐š๐ฅ ๐€๐†, ๐‘๐จ๐›๐ž๐ซ๐ญ ๐๐จ๐ฌ๐œ๐ก ๐†๐ฆ๐›๐‡, ๐š๐ง๐ ๐™๐… ๐…๐ซ๐ข๐ž๐๐ซ๐ข๐œ๐ก๐ฌ๐ก๐š๐Ÿ๐ž๐ง ๐€๐†, are actively investing in research and development to introduce innovative safety solutions. Recent developments include the launch of advanced driver-assistance systems and collaborations aimed at enhancing vehicle safety technologies.

๐‚๐š๐ซ ๐’๐š๐Ÿ๐ž๐ญ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐’ƒ๐’š ๐‘บ๐’š๐’”๐’•๐’†๐’Ž ๐‘ป๐’š๐’‘๐’†

Active Safety
Passive Safety

With a market share of nearly 47.5 % in the automotive security sector in 2023 , the Active type segment holds the majority of the market .โ€‹ According to MMR analysis , the segment is projected to grow at a CAGR of 9.02 % during the upcoming period and retain its dominance till 2030 .โ€‹โ€‹ Active safety systems are predominant because they are used to prevent accidents by helping drivers avoid potential hazards .โ€‹โ€‹โ€‹โ€‹โ€‹ They include features such as automatic emergency braking , lane departure warning , adaptive cruise control and warning light monitoring .โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹

๐’ƒ๐’š ๐‘ฝ๐’†๐’‰๐’Š๐’„๐’๐’† ๐‘ป๐’š๐’‘๐’†

Passenger Cars
Commercial Vehicles

๐’ƒ๐’š ๐‘ฌ๐’๐’… ๐‘ผ๐’”๐’†๐’“๐’”

OEM
Aftermarket

According to end users , the OEM segment holds the largest market share in the automotive security industry in 2023 and is expected to retain its dominance through 2030 .โ€‹โ€‹ In the field of car safety , OEM safety features are those that are built into vehicles when they are manufactured by the original manufacturer .โ€‹โ€‹โ€‹ They include classic safety features such as airbags , anti - lock braking systems ( ABS ) , traction systems and electronic stability systems ( ESC ) . OEMs are required to verify that their cars meet all safety standards .โ€‹ By standardizing safety features , compliance is ensured and potential problems are avoided .โ€‹โ€‹ Aftermarket safety products are those that are installed or added to vehicles after they are manufactured . It includes additional safety accessories such as towing cameras , parking sensors , dash cams and advanced devices .โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹

๐…๐จ๐ซ ๐š ๐ญ๐ก๐จ๐ซ๐จ๐ฎ๐ ๐ก ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐  ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ญ๐จ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฐ๐ž๐›๐ฉ๐š๐ ๐ž: https://www.maximizemarketresearch.com/request-sample/34303/

๐‚๐š๐ซ ๐’๐š๐Ÿ๐ž๐ญ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

North America:
1) Magna International Inc. (Canada)
2) General Motors Company (United States)
3) Stellantis (Netherlands)
4) Aptiv PLC (Ireland)

Europe:
1) Robert Bosch GmbH (Germany)
2) Autoliv Inc. (SWEDEN)
3) ZF Friedrichshafen AG (Germany)
4) Continental AG (Germany)
5) Infineon (Germany)
6) Delphi Automotive PLC (U.K.)
7) Volkswagen Group (Germany)
8) Valeo SA (France)
9) Schaeffler AG (Germany)
10) Veoneer, Inc. (Sweden)
11) Hyundai Mobis (South Korea)
12) Hyundai Motor Group (South Korea)

Asia Pacific Region:
1) Denso Corporation (Japan)
2) Toyoda Gosei Co. Ltd. (Japan)
3) Toyota Motor Corporation (Japan
4) Tata Motors (India)
5) Toyota Boshoku Corp.(Japan)
6) Mitsubishi Electric Corp.(Japan)

๐ƒ๐จ๐ง'๐ญ ๐ฆ๐ข๐ฌ๐ฌ ๐จ๐ฎ๐ญ ๐จ๐ง ๐ญ๐ก๐ž ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Pocket Knives Market https://www.maximizemarketresearch.com/market-report/pocket-knives-market/195629/

North America Smart trash bin Market https://www.maximizemarketresearch.com/market-report/north-america-smart-trash-bin-market/114024/

Global Mobile Logistics Robot Market https://www.maximizemarketresearch.com/market-report/global-mobile-logistics-robot-market/28812/

Global Voice Picking Solutions Market https://www.maximizemarketresearch.com/market-report/global-voice-picking-solutions-market/105107/

Global Account Reconciliation Software Market https://www.maximizemarketresearch.com/market-report/global-account-reconciliation-software-market/104828/

Global Zirconia Based Dental Materials Market https://www.maximizemarketresearch.com/market-report/global-zirconia-based-dental-materials-market/114280/

Global Water-Based Enamel Market https://www.maximizemarketresearch.com/market-report/global-water-based-enamel-market/116497/

Global Embedded AI Computing Platforms Market https://www.maximizemarketresearch.com/market-report/global-embedded-ai-computing-platforms-market/111905/

Global Eye Cosmetic Packaging Market https://www.maximizemarketresearch.com/market-report/global-eye-cosmetic-packaging-market/26227/

UK Dental Services Market https://www.maximizemarketresearch.com/market-report/uk-dental-services-market/222401/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
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sales@maximizemarketresearch.com

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Fire Blanket Industry Overview Theย Fire Blanket market research studyย relies uponย a combination of primary as well as secondary research. It throws light on the key factorsย concerned withย generatingย andย limitingย Fire Blanket market growth.ย In addition, theย currentย mergers and acquisition byย keyย players in the market have beenย describedย at length.ย Additionally, the historical information andย currentย growth of the market have beenย givenย in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Fire Blanket marketโ€ฆ
10-04-2018 | IT, New Media & Software
Up Market Research (UMR)
A Latest Research On Welding Safety Market Global Analysis By Key Players-3M Wel โ€ฆ
UpMarketResearch offers a latest published report on โ€œGlobal Welding Safety Market Industry Analysis and Forecast 2018-2023โ€ delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The report contains basic, secondary and advanced information pertaining to the Welding Safety global status andโ€ฆ
09-11-2018 | Associations & Organizations
Market Research Nest
Excellent Growth of Gas Masks Market- 3M, Honeywell, Avon Protection Systems, MS โ€ฆ
MarketResearchNest.com adds โ€œKorea Gas Masks Market Research Report 2018โ€ new report to its research database. The report spread across 112 pages with multiple tables and figures in it. Korea plays an important role in global market, with market size of xx million USD in 2017 and will be xx million USD in 2025, with a CAGR of xx%. This report studies the Gas Masks development status and future trend in Korea, focusesโ€ฆ