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Transforming the Automotive Active Safety Systems Market in 2025: Rising Demand For Electric Vehicles Fuels Growth In The Automotive Active Safety Systems Market
Automotive Active Safety Systems Market
The automotive active safety systems market has grown significantly in recent years. It is anticipated to rise from $14.49 billion in 2024 to $15.26 billion in 2025 at a CAGR of 5.3%. The past growth was influenced by rising traffic accidents, regulatory mandates, growing consumer demand for safety, the impact of the insurance industry, and integration with advanced driver assistance systems (ADAS).
The automotive active safety systems market is projected to grow to $18.95 billion by 2029, at a CAGR of 5.6%. The growth is supported by the development of autonomous vehicles, the integration of vehicle-to-everything (V2X) communication, AI and machine learning adoption, cybersecurity concerns, and the integration of smart infrastructure. Trends include collaboration between automakers and technology providers, a focus on pedestrian and cyclist safety, advancements in sensor technologies, and sensor fusion technology.
What Factors Are Fueling Growth in the Automotive Active Safety Systems Market?
The growing demand for electric vehicles (EVs) is expected to propel the growth of the automotive active safety systems market. EVs, powered by rechargeable batteries, require active safety systems to compensate for their quieter operation, which may make them less noticeable to pedestrians and other road users. Active safety systems, such as pedestrian detection and collision avoidance, improve vehicle safety by actively managing acceleration, braking, and steering. According to the International Energy Agency, electric vehicle sales surpassed 10 million in 2022, and the market share for electric cars has tripled over three years. Therefore, the increasing demand for electric vehicles is driving the automotive active safety systems market.
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Which Leading Companies Are Shaping the Growth of the Automotive Active Safety Systems Market?
Major companies operating in the automotive active safety systems market report are Robert Bosch GmbH, ZF Friedrichshafen, Continental AG, Hyundai Mobis, Magna International, DENSO Corporation, Valeo SA, Aptiv PLC, Borg Warner Inc., TRW automotive, Infineon Technologies, Autoliv Inc., Knorr-Bremse, Toyoda Gosei Co. Ltd., Hella GmbH & Co. KGaA, Bendix Commercial Vehicle Systems LLC, Visteon Corporation, Ficosa International S.A., Mobileye, HERE Technologies, Delphi Technologies, FLIR Systems, PSA Peugeot Citroen (parent Stellantis N.V.), Takata Corporation, Freescale Semiconductor Inc
What Are the Major Trends Shaping the Automotive Active Safety Systems Market?
In the automotive active safety systems market, companies are focused on developing advanced safety systems to improve vehicle safety and reduce accidents. For example, in October 2024, Volvo Trucks, a Sweden-based manufacturing company, introduced the Active Side Collision Avoidance Support system. This system uses radar sensors to detect cyclists and actively applies the brakes when the truck is turning to prevent collisions.
What Are the Key Segments of the Automotive Active Safety Systems Market?
The automotive active safety systems market covered in this report is segmented -
1) By Product Type: Anti-Lock Braking System, Driver Monitoring, Blind Spot Detection, Night Vision System, Adaptive Cruise Control, Tire-Pressure Monitoring System, Lane Departure Warning, Other Products
2) By Sensor Type: Camera Sensor, Radar Sensor, Lidar Sensor
3) By Application: Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle, SUVs
Subsegments:
1) By Anti-Lock Braking System (ABS): Electronic Control Unit (ECU), Sensors And Actuators
2) By Driver Monitoring: Drowsiness Detection Systems, Attention Monitoring Systems
3) By Blind Spot DetectionL: Radar-Based Systems, Camera-Based Systems
4) By Night Vision System: Infrared Night Vision Systems, Thermal Imaging Systems
5) By Adaptive Cruise Control: Radar-Based Adaptive Systems, Camera-Based Adaptive Systems
6) By Tire-Pressure Monitoring System (TPMS): Direct TPMS, Indirect TPMS
7) By Lane Departure Warning: Lane Keeping Assist Systems, Lane Departure Prevention Systems
8) By Other Products: Collision Avoidance Systems, Automatic Emergency Braking Systems, Vehicle Stability Control Systems
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Which Region Dominates the Automotive Active Safety Systems Market?
North America was the largest region in the automotive active safety systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive active safety systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Automotive Active Safety Systems Global Market Report?
- Market Size Analysis: Analyze the Automotive Active Safety Systems Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automotive Active Safety Systems Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automotive Active Safety Systems Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automotive Active Safety Systems Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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