Market Overview:
The global automobile safety system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and the rising awareness about vehicle safety among consumers. The global automobile safety system market is segmented on the basis of type into active and passive systems. Active systems are further sub-segmented into pre-crash sensors, airbags, seatbelts, anti-lock braking systems (ABS), electronic stability control (ESC), and pedestrian protection systems. Passive systems are further sub-segmented into seatbelts, airbags, side impact beams/bars, head restraints/cushions, and child restraint Systems (CRS). The active system segment is expected to grow at a higher CAGR during the forecast period as compared to passive system segment owing to increase in demand for advanced technologies in automobiles such as pre-crash sensors and pedestrian protection systems. On the basis of application type, passenger vehicles accounted for majority share of revenue generated by automotive safety system market in 2017; however; commercial vehicle application type is projected register highest CAGR over next 10 years owing growing demand from logistics sector across globe .
Product Definition:
An automobile safety system is a system designed to protect occupants of a motor vehicle from injury or death in the event of an accident. There are many different types of automobile safety systems, but they all have the same goal: to keep passengers safe. Some common automobile safety systems include airbags, seatbelts, and antilock brakes.
Active:
Active safety systems are a set of active devices or mechanisms that work in conjunction with the passive safety components to mitigate the risks associated with vehicle operation. These systems can be further divided into two categories, pre-crash and crash mitigating technologies.
Pre-crash technology includes electronic stability control, anti-lock braking system (ABS), airbags, tire pressure monitoring system (TPMS),.
Passive:
Passive safety systems are a set of passive components and practices that help to reduce the risk of injury or damage to people, vehicles, and property during an accident. These systems comprise airbags, belt tensioners, electronic stability control (ESC), antiskid brake system/traction control and anti-lock braking system (ABS).
These technologies work together to minimize the chances of injuries during accidents.
Application Insights:
Passenger vehicle application segment accounted for the largest share of over 70.0% in 2017. The growing need for passenger vehicles in developing economies such as India and China on account of increasing disposable income levels coupled with rising per capita ownership rates is expected to drive the demand for safety systems in passenger vehicles over the forecast period.
The commercial vehicle application segment is expected to witness significant growth during the forecast period, owing to increased focus on road safety by companies operating within logistics and transportation industry, which includes trucks, buses and others such as coaches. For instance, Volvo has introduced several advanced driver assistance systems (ADAS) like traffic sign recognition system and intelligent cruise control that not only helps drivers but also reduces accidents by up to 40%. Such initiatives are anticipated to increase market penetration across commercial vehicles during future years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to stringent regulations, which mandate installation of various safety systems in vehicles manufactured after 2012. Europe accounted for a significant share of the overall revenue and is expected to grow at a CAGR exceeding 6% from 2018 to 2030 owing to increasing R&D investments by major companies and presence of prominent players such as Daimler AG; Bosch; Continental AG; Autoliv, Inc.
Asia Pacific region accounted for over 18% share in terms of revenue generated globally on account passenger vehicle segment dominance followed by commercial vehicle segmentation across this region.
Growth Factors:
- Increasing demand for automobiles and the consequent increase in the number of accidents is expected to drive the growth of the automobile safety system market.
- Stringent government regulations pertaining to vehicle safety are also expected to fuel the growth of this market.
- The increasing awareness about the benefits of using automobile safety systems is anticipated to boost this market’s growth in the coming years.
- The technological advancements in automobile safety systems are projected to create new opportunities for players operating in this market during the forecast period.
- Growing demand from emerging economies is likely to provide a major impetus tothegrowthofthismarketduringtheforecastperiod
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Safety System Market Research Report
By Type
Active, Passive
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Robert Bosch, Continental, Denso, Infineon, ZF, Aptiv, Aisin, Toyoda Gosei, Magna International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Safety System Market Report Segments:
The global Automobile Safety System market is segmented on the basis of:
Types
Active, Passive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Robert Bosch
- Continental
- Denso
- Infineon
- ZF
- Aptiv
- Aisin
- Toyoda Gosei
- Magna International
Highlights of The Automobile Safety System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Active
- Passive
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Safety System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automobile safety system is a group of devices and procedures that are designed to prevent or reduce the severity of an accident. Automobile safety systems may include features such as airbags, seat belts, head restraints, and traction control.
Some of the major players in the automobile safety system market are Robert Bosch, Continental, Denso, Infineon, ZF, Aptiv, Aisin, Toyoda Gosei, Magna International.
The automobile safety system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Safety System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Safety System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Safety System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Safety System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Safety System Market Size & Forecast, 2018-2028
4.5.1 Automobile Safety System Market Size and Y-o-Y Growth
4.5.2 Automobile Safety System Market Absolute $ Opportunity
Chapter 5 Global Automobile Safety System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Safety System Market Size Forecast by Type
5.2.1 Active
5.2.2 Passive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Safety System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Safety System Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Safety System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Safety System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Safety System Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Safety System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Safety System Market Size Forecast by Type
9.6.1 Active
9.6.2 Passive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Safety System Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Safety System Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Safety System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Safety System Market Size Forecast by Type
10.6.1 Active
10.6.2 Passive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Safety System Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Safety System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Safety System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Safety System Market Size Forecast by Type
11.6.1 Active
11.6.2 Passive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Safety System Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Safety System Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Safety System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Safety System Market Size Forecast by Type
12.6.1 Active
12.6.2 Passive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Safety System Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Safety System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Safety System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Safety System Market Size Forecast by Type
13.6.1 Active
13.6.2 Passive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Safety System Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Safety System Market: Competitive Dashboard
14.2 Global Automobile Safety System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch
14.3.2 Continental
14.3.3 Denso
14.3.4 Infineon
14.3.5 ZF
14.3.6 Aptiv
14.3.7 Aisin
14.3.8 Toyoda Gosei
14.3.9 Magna International
