Market Overview:
The global automotive safety products 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 factors such as the increasing demand for passenger cars and commercial vehicles, rising awareness about road safety, and stringent government regulations mandating the use of automotive safety products. The global automotive safety products market is segmented on the basis of type into active and passive products. Active products include airbags, seatbelts, antilock braking systems (ABS), electronic stability control (ESC), and pre-crash systems. Passive products include car seats, child restraints, pedestrian protection systems, and blind spot detection systems (BSDs). The active product segment is expected to grow at a higher CAGR than the passive product segment during the forecast period from 2018 to 2030. This can be attributed to increasing demand for advanced safety features in passenger cars and commercial vehicles.
Product Definition:
An automotive safety product is a device or system that helps to protect drivers and passengers in a motor vehicle from injury in the event of a crash. These products can include airbags, seat belts, and child safety seats. The use of these products is important because they can help to reduce the risk of serious injury or death in the event of a crash.
Active:
Active safety products are those that perform a function to prevent or reduce the severity of an accident. They can be further categorized into three broad categories, namely active head restraints, active chest protectors and active knee bolster protectors. Active safety systems have been witnessing growing adoption in the automotive industry over the past few years owing to their increasing importance in terms of vehicle performance and regulatory standards.
Passive:
Passive safety products are those that cannot be activated or operated without the intervention of a physical object, such as a person, to initiate the function. Passive safety devices do not require any power source to operate and can only be triggered once an external force is applied in order for them to perform their intended function.
The automotive industry has been focusing on passenger and driver protection by implementing various passive safety devices over the years.
Application Insights:
Passenger car application dominated the overall market in terms of revenue share at over 60.0% in 2017. The segment is expected to witness significant growth on account of increasing demand for passenger cars due to rapid urbanization, rising disposable income and changing lifestyles among consumers globally. Moreover, stringent government regulations regarding road safety are anticipated to boost product demand over the forecast period.
Commercial vehicle application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increased adoption of trucks and buses by various industries such as mining, construction and transportation among others for their logistic needs across the globe especially in developing regions like Latin America and Asia Pacific region which are characterized by growing industrial output coupled with fast-growing population will drive automotive safety products demand there significantly contributing towards commercial vehicle sales globally over the forecast period thereby driving market growth across all regions covered under this study (passenger car & commercial vehicles).
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to stringent regulations and increasing road accidents. For instance, as per NCBI, in 2015, approximately 1.27 million people died due to road traffic injuries in U.S.
Asia Pacific is projected to be one of the fastest-growing regions over the next eight years owing to rising disposable income coupled with growing automotive industry especially after China entered into COVID-19 phase 5 epidemic on 13 December 2018 thus affecting production activities at a large scale thus pushing up prices for both raw materials and finished products thereby increasing their cost compared raw materials price hike alone would have been sufficient enough reason for an automotive company based out there such as Toyota or Honda Motor Co.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Stringent government regulations for automotive safety products
- Rising awareness about the benefits of automotive safety products among consumers
- Technological advancements in automotive safety products industry
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Safety Products Market Research Report
By Type
Active, Passive
By Application
Passenger Car, Commercial Vehicle
By Companies
Robert Bosch, Denso Corporation, Delphi automotive, Magna, Autoliv, Continental, Infineon, ZF Friedrichshafen, Valeo, Hyundai Mobis, Joyson Safety Systems, Knorr-Bremse
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Safety Products Market Report Segments:
The global Automotive Safety Products 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 Car, 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
- Denso Corporation
- Delphi automotive
- Magna
- Autoliv
- Continental
- Infineon
- ZF Friedrichshafen
- Valeo
- Hyundai Mobis
- Joyson Safety Systems
- Knorr-Bremse
Highlights of The Automotive Safety Products 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 Car
- 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 Automotive Safety Products 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?
Automotive safety products are devices or systems that help protect drivers and passengers in vehicles from potential injuries. Automotive safety products can include airbags, seat belts, head restraints, and other features.
Some of the major companies in the automotive safety products market are Robert Bosch, Denso Corporation, Delphi automotive, Magna, Autoliv, Continental, Infineon, ZF Friedrichshafen, Valeo, Hyundai Mobis, Joyson Safety Systems, Knorr-Bremse.
The automotive safety products 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 Products 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 Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Safety Products 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 Products 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 Products Market Size & Forecast, 2020-2028
4.5.1 Automotive Safety Products Market Size and Y-o-Y Growth
4.5.2 Automotive Safety Products Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Active
5.2.2 Passive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Safety Products 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 Products 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 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 Market Size Forecast by Applications
9.10.1 Passenger Car
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 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 Market Size Forecast by Applications
10.10.1 Passenger Car
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 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 Market Size Forecast by Applications
11.10.1 Passenger Car
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 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 Market Size Forecast by Applications
12.10.1 Passenger Car
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) 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) Market Size Forecast by Applications
13.10.1 Passenger Car
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 Automotive Safety Products Market: Competitive Dashboard
14.2 Global Automotive Safety Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch
14.3.2 Denso Corporation
14.3.3 Delphi automotive
14.3.4 Magna
14.3.5 Autoliv
14.3.6 Continental
14.3.7 Infineon
14.3.8 ZF Friedrichshafen
14.3.9 Valeo
14.3.10 Hyundai Mobis
14.3.11 Joyson Safety Systems
14.3.12 Knorr-Bremse
