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Development of Next-Generation Safety Systems in the Automotive Active Safety Systems Market Trend: A Crucial Influence on the Automotive Active Safety Systems Market's Transformation in 2025
Automotive Active Safety Systems Market Size
The automotive active safety systems market is set to expand as the growing popularity of electric vehicles fuels demand. Electric cars, powered by rechargeable batteries or other energy storage devices, operate more quietly than traditional vehicles, making them potentially less detectable to people and other road users. This necessitates the use of active safety systems, such as pedestrian detection and collision avoidance, which provide warnings and interventions to avoid possible accidents. These systems actively control acceleration, braking, and steering, enhancing traction, stability, and maneuverability, significantly lowering accident risks and optimizing general safety. For instance, a March 2023 report by the International Energy Agency, a France-based organization, highlighted the rapid growth of the electric car market, with sales crossing the 10 million mark in 2022. The proportion of electric car sales has more than tripled in three years, voicing growth from about 4% in 2020 to 14% in 2022, and it's predicted to achieve 14 million sales by end 2023, marking a 35% annual increase. Therefore, the escalating demand for electric cars is propelling the expansion of the automotive active safety systems market.
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What Is the projected market size and growth rate for the automotive active safety systems market?
In recent years, the market size for automotive active safety systems has seen a significant increase. The market is predicted to surge from $14.49 billion in 2024 to $15.26 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.3%. Factors such as rising traffic accidents, stringent regulatory mandates, consumers' increasing demand for safety, the impact of the insurance sector, and incorporation with advanced driver assistance systems (ADAS) have contributed to the substantial growth observed during the historical period.
In the coming years, there is expected to be robust growth in the market size of automotive active safety systems. By 2029, the market value is projected to reach $18.95 billion, expanding at a compound annual growth rate (CAGR) of 5.6%. Various factors contributing to the grow in the projected period includes the progression in autonomous vehicles, vehicle-to-everything (v2x) communication, the implementation of machine learning and AI, cybersecurity issues, and the integration of intelligent infrastructure. Key trends for the forecast period encompass partnerships between car manufacturers and technology providers, increasing cognizance of pedestrian and cyclist safety, sensor technology advancements, the application of sensor fusion technology, and driver monitoring systems (DMS).
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What trends are poised to drive the future success of the automotive active safety systems market?
Key players in the automotive active safety systems industry are concentrating on developing sophisticated technological solutions such as next-generation safety systems. These systems enhance vehicle safety, decrease accidents, and boost driver assistance features. Next-generation safety systems are advanced technologies and solutions installed in vehicles, machinery, or infrastructure to improve safety via automation, real-time monitoring, and predictive capabilities. For example, Volvo Trucks, a manufacturer based in Sweden, unveiled its Active Side Collision Avoidance Support System in October 2024. This technology uses radar sensors to spot oncoming cyclists and applies the truck's brakes to avert collisions when making passenger side turns, thus enhancing driver safety through alerts and intervention when needed.
What major market segments define the scope and growth 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.
Which key market leaders are driving the automotive active safety systems industry growth?
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
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What Is Covered In The Automotive Active Safety Systems Global Market Report?
• Market Size Forecast: Examine the automotive active safety systems market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive active safety systems market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive active safety systems market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive active safety systems market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive active safety systems market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive active safety systems market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive active safety systems market.
• Competitive Landscape: Review strategic developments in the automotive active safety systems market, including expansions, agreements, and new product launches.
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