Market Overview:
The global automotive safety device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles, light trucks, and heavy trucks across the globe. Additionally, stringent government regulations pertaining to vehicle safety are also propelling the growth of this market. The global automotive safety device market is segmented on the basis of type into active safety systems and passive safety systems. Active safety systems are further sub-segmented into braking system, steering control system, lane departure warning system (LDWS), forward collision warning system (FCWS), adaptive cruise control (ACC), and blind spot detection (BSD). Passive safety systems are further sub-segmented into airbags, seatbelts & pretensioners, pedestrian protection system (PPS), and others. Passenger vehicles accounted for majority share in 2017 and is expected to maintain its dominance during the forecast period as well.
Product Definition:
An automotive safety device is a system or component of a vehicle that is designed to reduce the likelihood of injury in the event of an accident. These devices include airbags, seatbelts, and headrests, among others. The purpose of these devices is to protect passengers from injuries that can occur in a car accident.
Active Safety Systems:
Active safety systems are a set of active components installed in an automobile that work to supplement the basic automotive safety mechanisms and help avoid or reduce the severity of accidents. They are designed to mitigate or eliminate the causes and effects of hazards that can lead to accidents, thereby helping drivers and passengers stay safe during travel.
Passive Safety Systems:
Passive safety systems are a set of passive components or techniques used to prevent or reduce the possibility of accidents. These systems may include airbags, seat belt reminders, antiskid brake system, tire pressure monitoring system and electronic stability control among others. Passive safety is achieved by using various sensors that detect the surrounding environment and act as an input to control or prevent potential accidents from occurring.
These devices work in conjunction with other active safety devices such as belts, brakes.
Application Insights:
Passenger vehicle segment accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growing need for passenger vehicles due to increased disposable income levels, especially in emerging markets such as China, India and Brazil has been contributing significantly to the growth of this segment. In addition, stringent government regulations regarding safety devices in passenger cars are encouraging industry participants towards offering advanced safety features within affordable prices.
The light truck segment is estimated to register a CAGR of XX% from 2018 to 2030 owing to increasing demand from developing countries such as South Africa and Indonesia. Furthermore, manufacturers are increasingly focusing on providing enhanced driver assistance systems that help drivers operate various vehicle functions more efficiently while enhancing overall driving experience. This trend is expected drive market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to stringent government regulations and increasing investments by key players in developing new technologies for vehicle safety systems. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income, improving standard of living, and growing population especially in India & China as well as other emerging economies such as Indonesia, Vietnam, Philippines etc., which will lead towards an increase in demand for passenger cars and light commercial vehicles (LCVs). Moreover, supportive government policies aimed at reducing road accidents are also expected to drive regional growth during the forecast period.
Growth Factors:
- Increasing demand for safety features in automobiles
- Stringent government regulations for automotive safety devices
- Rising incidences of road accidents and fatalities globally
- Growing awareness about the benefits of automotive safety devices among consumers
- Technological advancements in automotive safety devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Safety Device Market Research Report
By Type
Active Safety Systems, Passive Safety Systems
By Application
Passenger Vehicle, Light Truck, Heavy Truck, Others
By Companies
Autoliv, Joyson Safety Systems, Toyoda Gosei, TRW Automotive, Continental, Delphi Automotive, East Joy Long Motor Airbag, FLIR Systems, Hella KGaA Hueck
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Safety Device Market Report Segments:
The global Automotive Safety Device market is segmented on the basis of:
Types
Active Safety Systems, Passive Safety Systems
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, Light Truck, Heavy Truck, Others
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:
- Autoliv
- Joyson Safety Systems
- Toyoda Gosei
- TRW Automotive
- Continental
- Delphi Automotive
- East Joy Long Motor Airbag
- FLIR Systems
- Hella KGaA Hueck
Highlights of The Automotive Safety Device 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 Safety Systems
- Passive Safety Systems
- By Application:
- Passenger Vehicle
- Light Truck
- Heavy Truck
- Others
- 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 Automotive Safety Device 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 automotive safety device (ASD) is a system or component that is designed to prevent or mitigate the effects of a crash.
Some of the key players operating in the automotive safety device market are Autoliv, Joyson Safety Systems, Toyoda Gosei, TRW Automotive, Continental, Delphi Automotive, East Joy Long Motor Airbag, FLIR Systems, Hella KGaA Hueck.
The automotive safety device 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 Automotive Safety Device 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 Automotive Safety Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Safety Device 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 Automotive Safety Device 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 Automotive Safety Device Market Size & Forecast, 2018-2028
4.5.1 Automotive Safety Device Market Size and Y-o-Y Growth
4.5.2 Automotive Safety Device Market Absolute $ Opportunity
Chapter 5 Global Automotive Safety Device 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 Automotive Safety Device Market Size Forecast by Type
5.2.1 Active Safety Systems
5.2.2 Passive Safety Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Safety Device 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 Automotive Safety Device Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Light Truck
6.2.3 Heavy Truck
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Safety Device 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 Automotive Safety Device 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 Automotive Safety Device Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Safety Device 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 Automotive Safety Device Market Size Forecast by Type
9.6.1 Active Safety Systems
9.6.2 Passive Safety Systems
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 Automotive Safety Device Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Light Truck
9.10.3 Heavy Truck
9.10.4 Others
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 Automotive Safety Device Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Safety Device 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 Automotive Safety Device Market Size Forecast by Type
10.6.1 Active Safety Systems
10.6.2 Passive Safety Systems
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 Automotive Safety Device Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Light Truck
10.10.3 Heavy Truck
10.10.4 Others
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 Automotive Safety Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Safety Device 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 Automotive Safety Device Market Size Forecast by Type
11.6.1 Active Safety Systems
11.6.2 Passive Safety Systems
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 Automotive Safety Device Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Light Truck
11.10.3 Heavy Truck
11.10.4 Others
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 Automotive Safety Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Safety Device 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 Automotive Safety Device Market Size Forecast by Type
12.6.1 Active Safety Systems
12.6.2 Passive Safety Systems
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 Automotive Safety Device Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Light Truck
12.10.3 Heavy Truck
12.10.4 Others
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) Automotive Safety Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Safety Device 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) Automotive Safety Device Market Size Forecast by Type
13.6.1 Active Safety Systems
13.6.2 Passive Safety Systems
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) Automotive Safety Device Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Light Truck
13.10.3 Heavy Truck
13.10.4 Others
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 Automotive Safety Device Market: Competitive Dashboard
14.2 Global Automotive Safety Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 Joyson Safety Systems
14.3.3 Toyoda Gosei
14.3.4 TRW Automotive
14.3.5 Continental
14.3.6 Delphi Automotive
14.3.7 East Joy Long Motor Airbag
14.3.8 FLIR Systems
14.3.9 Hella KGaA Hueck
