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Global Automotive Active Safety Systems Market Size, Share, and Forecast Analysis 2025-2029
Automotive Active Safety Systems
What Are the Automotive Active Safety Systems Market Size Forecast for 2025?
The market size of automotive active safety systems has seen consistent expansion in the past few years. The growth is projected to continue, escalating from $14.49 billion in 2024 to $15.05 billion in 2025 at a compound annual growth rate (CAGR) of 3.8%. Several factors have contributed to this growth during the historical period, including a rise in traffic accidents, regulatory requirements, consumer's increasing preference for safety, the impact of the insurance industry, and incorporation with Advanced Driver Assistance Systems (ADAS).
What Is the Market Size Outlook for Automotive Active Safety Systems Until 2029?
In the coming years, the automotive active safety systems market is anticipated to witness significant expansion, with its valuation projected to reach $18.34 billion in 2029, reflecting a compound annual growth rate (CAGR) of 5.1%. The expansion during the forecasted period can be credited to factors such as the progress in autonomous vehicle technology, vehicle-to-everything (v2x) communication, the incorporation of machine learning and artificial intelligence, increasing cybersecurity issues, and the integration of smart infrastructure. The period is likely to see key trends such as stronger collaborations between car manufacturers and technology suppliers, growing consciousness towards the safety of pedestrians and cyclists, advancements in sensor technologies, sensor fusion technology, and the advent of driver monitoring systems (DMS).
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What Are the Major Factors Driving Demand in the Automotive Active Safety Systems Market?
The growth of the automotive active safety systems market is anticipated to be driven by the rising demand for electric vehicles. The term 'electric vehicles' refers to cars powered by rechargeable batteries or other devices that store energy. Electric vehicles operate quietly, which can make them harder for pedestrians and other road users to detect, making the implementation of active safety systems critical. These include pedestrian detection and collision avoidance systems, which are crucial to alert and potentially prevent accidents. These systems aim to enhance vehicle traction, stability, and maneuverability, actively controlling acceleration, braking, and steering to lessen accident risks and enhance safety during EV usage. As per a report published by the International Energy Agency, a France-based intergovernmental organization, in March 2023, the electric car market was experiencing a boom, with sales surpassing 10 million in 2022. The portion of electric cars in the total number of cars sold has seen a more than threefold increase in three years, rising from approximately 4% in 2020 to 14% in 2022, with projections of reaching 14 million in sales by the end of 2023, marking a 35% annual increase. Thus, the surging demand for electric vehicles is bolstering the growth of the automotive active safety systems market.
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How Are End-Use Segments Shaping the Automotive Active Safety Systems Market Outlook?
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
What Are the Strategic Trends Transforming the Automotive Active Safety Systems Market Landscape?
Leading businesses in the automotive active safety systems market are channeling their efforts into the creation of advanced tech solutions like next-generation safety systems. The ultimate goal is to augment vehicle safety, lower the risk of accidents, and improve driver assistance features. These next-generation safety systems are sophisticated technologies and solutions built into cars, machinery, or infrastructure that boost safety via automation, real-time surveillance, and predictive capabilities. As an example, in October 2024, Volvo Trucks, a manufacturing entity based in Sweden, introduced the Active Side Collision Avoidance Support system. This system employs radar sensors to identify cyclists nearby and actively initiates the truck's brakes to avert collisions while turning towards the passenger side, thereby enhancing driver safety. It alerts the driver and takes action if necessary.
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Who Are the Prominent Companies in the Automotive Active Safety Systems Market by ?
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
Which Region Is Expected to See the Highest CAGR in 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.
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