Global Automotive Active Safety System Market (2022 to 2027) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Automotive Active Safety System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global automotive active safety system market reached a value of US$ 11.4 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 28.6 Billion by 2027, exhibiting a CAGR of 16.4% during 2022-2027.
Companies Mentioned
- Bosch
- Continental
- Delphi Technologies
- ZF Friedrichshafen
- Autoliv
- Hyundai Mobis
- Valeo
- DENSO
- Magna International
- FLIR Systems
- Infineon Technologies
- Ficosa International S.A.
- Groupe PSA
- Borg Warner Inc.
- CAx Software
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor
Automotive active safety is a preventive system which assists a driver in controlling the vehicle, preventing or mitigating road accidents and enhancing the overall driving experience under different road conditions and situations. The system helps in keeping the vehicle in the correct lane and shows blind spots that may otherwise lead to accidents or other hazards. It employs Forward Collision Warning (FCW) and Lane Departure Warning (LDW) which generate an alert when a potentially dangerous situation is detected. Its other features include Autonomous Emergency Braking (AEB), Electronic Stability Control (ESC) and Adaptive Cruise Control (ACC) which perform functions ranging from monitoring the vehicle's braking and tire systems to maintaining a safe distance from the vehicle ahead
The growing vehicle fleet and the consequent rise in the focus on vehicle safety are the key factors driving the demand for automotive active safety systems. As a rise in the number of vehicles leads to an increase in the risk of road fatalities, the governing authorities in both the developed and developing regions are introducing stringent regulations for enhancing road safety. In line with this, automotive manufacturers are launching safety features in cars and are also investing in R&D activities to incorporate the latest technologies in these systems. Moreover, the growing demand for autonomous vehicles is further driving the market as active safety systems form a crucial component in these vehicles
Key Questions Answered in This Report:
- How has the global automotive active safety system market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global automotive active safety system industry?
- What has been the impact of COVID-19 on the global automotive active safety system industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the fuel type?
- What is the breakup of the market based on the offering?
- What are the various stages in the value chain of the global automotive active safety system industry?
- What are the key driving factors and challenges in the global automotive active safety system industry?
- What is the structure of the global automotive active safety system industry and who are the key players?
- What is the degree of competition in the global automotive active safety system industry?
- What are the profit margins in the global automotive active safety system industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Active Safety System Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Vehicle Type
5.6 Market Breakup by Fuel Type
5.7 Market Breakup by Offering
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Product
7 Market Breakup by Vehicle Type
8 Market Breakup by Fuel Type
9 Market Breakup by Offering
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/i6cuoc
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