DUBLIN--(BUSINESS WIRE)--The "Automotive Safety System Market by Technology (Active and Passive), On-highway (PC, LCV, Buses, Trucks), Off-highway, EV, Offering (Hardware, Software) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive safety system market is estimated to be USD 82.80 billion in 2017 and is projected to reach 169.46 billion by 2025, growing at a CAGR of 9.36% during the forecast period.
The automotive safety system market has promising growth potential due to several factors, including the stringent safety regulations pertaining to vehicle safety across the globe; increasing demand for a safe, efficient, and convenient driving experience; and rising disposable income in emerging economies. Increasing role of complex software in a wide range of applications in a vehicle provides increased functionality and value for consumers.
Various advanced safety features require complex software for functioning. Safety features embedded with sophisticated internal networks, dozens of ECUs, and extensive remote connectivity ultimately increase the complexity of the vehicle. The use of complex software can, at times, cause software failure in a vehicle.
Growing trend of autonomous vehicles is expected to drive the active safety system market. Various features such as lane departure warning system (LDWS), automatic emergency braking (AEB), anti-lock braking systems (ABS), electronic brake force distribution (EBD), electronic stability control (ESC), lane departure warning systems (LDW), tire pressure monitoring system (TPMS), traction control system (TCS), forward-collision warning (FCW), and blind spot detection (BSD) are gaining momentum across the globe.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Safety System Market, By Technology
7 Automotive Safety System Market, By On-Highway Vehicle Type
8 Automotive Safety System Market, By Off-Highway Vehicle
9 Automotive Safety System Market, By Electric Vehicle
10 Automotive Safety System Market, By Offering
11 Automotive Safety System Market, By Region
12 Competitive Landscape
13 Company Profiles
- Robert Bosch
- Delphi Automotive
- ZF Friedrichshafen
- Hyundai Mobis
For more information about this report visit https://www.researchandmarkets.com/research/gx2l7q/global_automotive?w=4