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Automotive Active Safety System Market: by Type, Application And Region | Top Players Bosch, Delphi, Toyoda Gosei
IMR posted new studies guide on Automotive Active Safety System Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Automotive Active Safety System marketplace became specifically driven with the aid of the growing R&D spending internationally.Active safety systems are technologies integrated into vehicles to prevent accidents or mitigate their severity. Unlike passive systems like seatbelts or airbags that protect after a crash, active systems are proactive, assisting drivers in avoiding collisions altogether. The Automotive Active Safety System Market is accelerating at full speed, driven by technological advancements, stricter safety regulations, and growing consumer awareness of vehicle safety. These systems are the backbone of modern vehicle safety, designed to prevent accidents and protect lives.
Some of the Top Leading Key Players:
• Bosch (Germany)
• Continental (Germany)
• Delphi (UK)
• ZF Friedrichshafen (Germany)
• Autoliv (Sweden)
• Takata (Japan)
• Bendix CVS (US)
• FLIR Systems (US)
• Hella (Germany)
• Hyundai Mobis (South Korea)
• Infineon Technologies (Germany)
• Toyoda Gosei (Japan)
• Freescale Semiconductor (US)
• Navteq (US)
• Valeo (France) and other major players.
The Global Automotive Active Safety System Market size was valued at USD 84.91 billion in 2023 and is projected to reach USD 326.43 billion by 2032, growing at a CAGR of 16.14% from 2024 to 2032.
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Segmentation Analysis of the Automotive Active Safety System Market:
By Type
• Anti-lock Braking System (ABS)
• Lane Departure Warning System (LDWS)
• Driver Monitoring System (DMS)
• Adaptive Cruise Control (ACC)
• Others
By Application
• Passenger Vehicles
• Commercial Vehicles
• Others
Automotive Active Safety System Market Trend Analysis:
1) Advanced Driver Assistance Systems (ADAS): Features like lane-keeping assist, adaptive cruise control, and emergency braking are no longer exclusive to luxury vehicles. ADAS is now becoming a standard expectation for all segments, making safety accessible for the mass market.
2) Global Safety Regulations: Stricter government mandates, like the EU's General Safety Regulation 2 (GSR 2), require manufacturers to integrate safety systems like automatic emergency braking (AEB) and drowsiness detection. These rules are pushing the industry to adopt active safety technologies at scale.
3) Consumer Awareness: A growing understanding of the impact of technology on accident prevention has changed purchasing behavior. Studies show 73% of buyers prioritize vehicles with advanced safety features over other attributes.
4) Integration with EVs and Autonomous Vehicles: As electric and autonomous vehicles dominate market innovation, active safety systems are becoming essential. They ensure seamless integration with autonomous navigation while bolstering trust in these futuristic vehicles.
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Key Industry Developments in the Automotive Active Safety System Market:
In May 2024, ZF Friedrichshafen AG and Hon Hai Technology Group (Foxconn) finalized their joint venture, ZF Foxconn Chassis Modules, which commenced operations on April 30, 2024. Valued at €1 billion, this partnership seeks to drive innovation and growth in automotive chassis systems by combining ZF's engineering expertise with Foxconn's proficiency in electronics.
In April 2024, Volvo Buses unveiled advanced active safety systems aimed at enhancing driver safety and reducing accident risks. These systems are equipped with various components, prioritizing the protection of vulnerable road users, such as pedestrians and cyclists.
Regional Analysis:
North America is expected to dominate the market for the automotive active safety system, due to the high presence of automakers and financially strong populations. With the rising accident cases in the North American region, thus peoples are more concerned about safety. The Asia-Pacific is the second-dominated region in the automotive active safety system market owing to its high population base and the growing number of accident cases.
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Benchmark Against Key Competitors: Use benchmarking to compare your business's performance against leading competitors, identifying areas for improvement and potential competitive advantages.
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Strategic Points Covered in Table of Content of Automotive Active Safety System Market:
Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Automotive Active Safety System Market Landscape
Chapter Four: Automotive Active Safety System Market by Type
Chapter Five: Automotive Active Safety System Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Automotive Active Safety System Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology
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