Authored By: Sarah
19 Jan 2021

Automotive Active Safety System Market Size to Grow by $ 12.59 bn through 2021-2025

The automotive active safety system market is expected to grow by $ 12.59 bn, accelerating at a CAGR of almost 7% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free Sample Report

Automotive Active Safety System Market: Segmentation by Geography

This report provides a detailed analysis of the market by Geography (APAC, Europe, North America, South America, and MEA) and Other 1 (ABS, LDWS, SC, ACC, and others). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Automotive Active Safety System Market Size to Grow by Over $ 12 Billion in 2021-2025 | Market Analysis by Segment and Region  

Automotive Active Safety System Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aptiv Plc, Autoliv Inc., Continental AG, DENSO Corp., Magna International Inc., Robert Bosch GmbH, Toyoda Gosei Co. Ltd., Valeo SA, Visteon Corp., and ZF Friedrichshafen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

Technavio has been monitoring the global automotive active safety system market and it is expected to grow by USD 12.59 billion accelerating at a CAGR of almost 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

Automotive Active Safety System Market Size to Grow by Over $ 12 Billion in 2021-2025 | Market Analysis by Segment and Region  

Automotive Active Safety System Market: Segmentation by Safety Feature

The ABS segment was the leading segment in 2020 as ABS is a widely preferred device in passenger cars and CVs. In the motorcycle segment, the system is gaining traction owing to legislation push. This system provides efficient braking and stability during emergency situations. The high-volume adoption of passenger cars and CVs in APAC will boost the growth of the market over the forecast period. 

Automotive Active Safety System Market: Segmentation by Geography

APAC was the largest Automotive Active Safety System Market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. 41% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for automotive active safety systems in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The rising awareness levels on safety features is one of the prime factors that will facilitate the automotive active safety system market growth in APAC over the forecast period. 

Automotive Active Safety System Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aptiv Plc, Autoliv Inc. and Continental AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

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