Market Overview
The advanced active safety features are helpful for the growth of the Automotive Active Safety System Market. The increase in stringent government regulations for safety and increasing production of vehicles are the major growth driving factors for the Automotive Active Safety System Industry. The global market is increasing its demand across the regions due to the increasing commercial vehicles and increasing production of a passenger.
Automotive active safety systems are a combination of certain systems that are gaining more popularity due to enhancing the driving experience and increasing vehicle safety. This system is more helpful as it provides an alert to the driver for potential problems in the vehicle. This system provides various active safety features, including adaptive cruise control, automated lighting, automated braking, connecting to smartphones, incorporating traffic warnings, alerting the driver to other cars or dangers, showing what is in blind spots, and keeping the driver in the correct lane.
During the forecast period, the increase in demand for active safety systems can enhance the global market growth by increasing the Automotive Active Safety System Market Size. Nowadays, the government is focusing more on the safety of the driver, and the increasing concern for the safety of the driver involves various latest safety technologies. Here, adopting such advanced safety technologies is driving the global market growth with enhancing the Automotive Active Safety System Market Size for the forecast period.
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Automotive Active Safety System Market — Competitive Landscape
Highly competitive, the automotive active safety system market appears to be fragmented due to the presence of several well-established players. To gain a larger competitive share, players adopt strategies such as mergers acquisitions, innovation, and brand reinforcement.
Technology providers strive to develop low-cost, compact systems and improved hardware. Automakers, auto component suppliers, and OEMs are focusing on the development of advanced active safety systems to be at the front of the competition. They also try to provide after-sales services to the end-users.
Major Players
Players leading the automotive active safety system market are Continental (Germany), Delphi Technologies (UK), Bosch (Germany), Autoliv (Sweden), Hyundai Mobis (South Korea), ZF Friedrichshafen (Germany), DENSO (Japan), Magna International (Canada), Valeo (France), Infineon Technologies (Germany), Ficosa International SA (Spain), FLIR Systems (US), Borg Warner Inc.(US), CAx software (India), and PSA Peugeot Citroen (France), and
Automotive Active Safety System Market — Segmentations
The report is segmented into four dynamics;
By Products: Lane Departure Warning, Tyre-Pressure Monitoring System, Adaptive Cruise Control, Driver Monitoring, Night Vision System, Anti-Lock Braking System, Blind Spot Detection system, and others.
By Occupant Types: Driver, Passenger, Pedestrian, and Child.
By Vehicle Types: Passenger Cars and Commercial Vehicles.
By Regions: Americas, Europe, APAC, and Rest-of-the-World.
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Global Automotive Active Safety System Market — Regional Analysis
North America dominates the global automotive active safety systems. The largest market share attributes to substantial technological advances and their uptake in developing active safety systems. Besides, the increasing vehicle production and growing demand for automotive safety features drive the regional market. Moreover, the well-established automobile industry in this region creates significant opportunities for the automotive active safety system market.
Europe stands second in the global automotive active safety systems. The market growth is driven by the growing passenger car markets in Germany, the UK, France, and Italy. Europe is the world’s largest hub for automotive research and innovation, which, alongside the resurging economy in the region, increases the automotive active safety system market size.
Additionally, backed by enormous investments and upgrades in related technologies, the UK and Germany account for significant shares in the regional market.
The Asia Pacific automotive active safety systems market is rapidly emerging as a promising market globally. Factors such as the increasing passenger and commercial vehicle production and advances in safety technologies in the region influence the market’s growth.
Furthermore, the presence of several system manufacturers and increasing use of safety technology for driver’s safety impact the market growth positively. The increasing population and urbanization led by improving economic conditions in the region boost market growth.
Industry/Innovation/Related News:
February 06, 2020 — — Veoneer, Inc. (the US), the world’s largest pure-play company focused on advanced driving assistance systems (ADAS) and automated driving (AD), and its software joint venture Zenuity, announced that many Asia-based automakers and OEMs have selected it to Supply Active Safety System for its next-generation Mono Vision and Radar System. This is one of the major expansions of Veoneer’s customer base and in-house developed vision system.
Veoneer’s scalable system has been developed to meet Euro NCAP 5-star safety rating and provide several driver-assistance features such as highway assist, lane centering control, stop go adaptative cruise control, automatic emergency braking, traffic sign recognition, and automated high beam control.
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