Global Automotive Active Safety System Market Size to Hit USD 179.42 billion by 2028 | CAGR of 16.14%

The Global Automotive Active Safety System Market size was valued at USD 62.95 billion in 2021 and is projected to reach USD 179.42 billion by 2028, growing at a CAGR of 16.14%. The Analysis Period 2023-2030.

The automotive active safety system is a technology that helps the driver to maintain control over the vehicle for avoiding road accidents and to improve the driving experience under various road conditions and situations. The different kinds of technology in the car inform any issues with vehicles to drivers. This system includes forward collision warning (FCW) and lane departure warning (LDW), automated lighting, traffic warnings, adaptive cruise control, smartphone connectivity, automated braking system. When a potentially dangerous situation is created, the FCW and LDW generate the alert.

 Top Key Players Covered in Automotive Active Safety System Market

Bosch (Germany), Continental (Germany), Delphi (UK), ZF Friedrichshafen (Germany), Autoliv (Sweden), Takata (Japan), Bendix CVS (US), FLIR Systems (US), Hella (Germany), Hyundai Mobis (South Korea), Infineon Technologies (Germany), Toyoda Gosei (Japan), Freescale Semiconductor (US), Navteq (US), Valeo (France) and other major players.

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  • Scope For 2023
  • Brief Introduction to the research report.
  • Table of Contents (Scope covered as a part of the study)
  • Top players in the market
  • Research framework (structure of the report)
  • Research methodology adopted by Worldwide Market Reports

The report summarizes all the information collected and serves the customer's requirements. However, these market analyses help in understanding market growth at both global and regional levels. For market data analysis, we have market panorama tools such as Market Dynamics, PESTEL Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis, Technology Roadmap, Regulatory Framework, Price Trend Analysis, Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and others. This will help us understand the market potential. The research report includes quantitative data that helps us fully understand the industry and future market scope.

Market Dynamics And Factors For Automotive Active Safety System Market

Drivers:

  • Growing Demand for Safety Features in Vehicles

Restraints:

  • High Capital Investment in Automotive Active Safety System

Opportunity:

  • Opportunity In Supportive Government Regulations

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For the Purpose Of This Report, Reports And Data Has Segmented The Automotive Active Safety System Market On The Basis Of Type, By Source, By Product, And Region:

By Type         

  • Anti-lock Braking System (ABS)
  • Lane Departure Warning System (LDWS)
  • Driver Monitoring System (DMS)
  • Adaptive Cruise Control (ACC)
  • Others

By Application          

  • Passenger Vehicles
  • Commercial Vehicles
  • Others

Regional Analysis:

North America is expected to dominate the market for the automotive active safety system, due to the high presence of automakers and financially strong populations. With the rising accident cases in the North American region, thus peoples are more concerned about safety.

By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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