Market Overview:
The global automotive safety technology market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and the rising awareness about safety features among consumers. The global automotive safety technology market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into LIDAR, RADAR, vision system/3D vision, braking system airbags seatbelts ADAS Others). The LIDAR segment is expected to grow at a CAGR of 11% during the forecast period from 2018 to 2030 owing to its growing demand in autonomous cars. The RADAR segment accounted for a share of 31% in 2017 and is projected to grow at a CAGR of 9% duringthe forecast period from 2018-2030 due its increasing demand in luxury cars.
Product Definition:
Automotive safety technology is a term used to describe the various systems and features installed in modern cars that are designed to keep drivers and passengers safe. These systems can include airbags, seatbelts, anti-lock brakes, electronic stability control, and collision avoidance sensors. The importance of automotive safety technology cannot be overstated - it has saved countless lives over the years and continues to do so every day.
LIDAR:
LIDAR is a remote sensing technology that uses light energy from laser for measuring and mapping physical objects. It is an autonomous sensing technology used in automotive safety technologies such as Adaptive Cruise Control (ACC), Blind Spot Detection (BSD), Forward Collision Warning (FCW) and Lane Departure Warning (LDW).
RADAR:
RADAR is short for Radio Detection and Ranging. It is a technology that uses radio waves to detect objects. The RADAR system works by sending out many small pulses of radiation in all directions, and measuring the time it takes for these pulses to return to the radar antenna.
Application Insights:
Passenger vehicle segment dominated the overall market in 2017 and is expected to retain its dominance over the forecast period. The growing need for driver assistance systems, which help drivers avoid accidents and reduce fatigue on long drives is anticipated to be a key factor driving growth. Furthermore, increasing government regulations requiring safety technology in passenger vehicles are expected to further propel industry growth over the coming years.
The commercial vehicle segment is estimated to witness substantial growth over the forecast period owing to rising demand for trucks with advanced safety features such as lane departure warning system, blind spot detection system and forward collision warning system among others. Moreover, these systems help improve traffic flow by keeping track of obstructions and moving vehicles in advance thereby improving road visibility leading to increased adoption of ADAS across commercial vehicles globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its position during the forecast period owing to increasing adoption of advanced safety systems across various segments, such as passenger cars and commercial vehicles. Europe accounted for a significant share in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 due to stringent government regulations regarding road safety coupled with high demand for autonomous vehicles (AVs) that incorporate ADAS features. Moreover, rising investments by key players are anticipated to drive growth over the coming years. For instance, Continental AG has announced plans for developing self-driving car technology with Google's parent company Alphabet Inc.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Stringent government regulations for automotive safety technology
- Rising awareness about the benefits of automotive safety technology among consumers
- Technological advancements in automotive safety technology
- Growing demand for autonomous cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Safety Technology Market Research Report
By Type
LIDAR, RADAR, Vision System/3D Vision, Braking System, Airbags, Seatbelts, ADAS, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Bosch Company, Delphi Automotive PLC, Autoliv Inc., Denso Corporation, Joyson Safety Systems, ZF TRW, Continental AG, Johnson Electric Holdings Limited, Magna International Inc., Mobileye N.V.
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Safety Technology Market Report Segments:
The global Automotive Safety Technology market is segmented on the basis of:
Types
LIDAR, RADAR, Vision System/3D Vision, Braking System, Airbags, Seatbelts, ADAS, Others
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:
- Bosch Company
- Delphi Automotive PLC
- Autoliv Inc.
- Denso Corporation
- Joyson Safety Systems
- ZF TRW
- Continental AG
- Johnson Electric Holdings Limited
- Magna International Inc.
- Mobileye N.V.
Highlights of The Automotive Safety Technology 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:
- LIDAR
- RADAR
- Vision System/3D Vision
- Braking System
- Airbags
- Seatbelts
- ADAS
- Others
- 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 Automotive Safety Technology 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?
Automotive safety technology is a suite of electronic systems and devices used in automobiles to prevent or mitigate collisions, including those involving pedestrians. Automotive safety technology includes features such as forward collision warning, lane departure warning, blind spot monitoring and cross-traffic alert.
Some of the key players operating in the automotive safety technology market are Bosch Company, Delphi Automotive PLC, Autoliv Inc., Denso Corporation, Joyson Safety Systems, ZF TRW, Continental AG, Johnson Electric Holdings Limited, Magna International Inc., Mobileye N.V..
The automotive safety technology market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Safety Technology 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 Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Safety Technology 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 Technology 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 Technology Market Size & Forecast, 2018-2028
4.5.1 Automotive Safety Technology Market Size and Y-o-Y Growth
4.5.2 Automotive Safety Technology Market Absolute $ Opportunity
Chapter 5 Global Automotive Safety Technology 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 Technology Market Size Forecast by Type
5.2.1 LIDAR
5.2.2 RADAR
5.2.3 Vision System/3D Vision
5.2.4 Braking System
5.2.5 Airbags
5.2.6 Seatbelts
5.2.7 ADAS
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Safety Technology 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 Technology 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 Automotive Safety Technology 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 Technology 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 Technology Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Safety Technology 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 Technology Market Size Forecast by Type
9.6.1 LIDAR
9.6.2 RADAR
9.6.3 Vision System/3D Vision
9.6.4 Braking System
9.6.5 Airbags
9.6.6 Seatbelts
9.6.7 ADAS
9.6.8 Others
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 Technology 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 Automotive Safety Technology Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Safety Technology 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 Technology Market Size Forecast by Type
10.6.1 LIDAR
10.6.2 RADAR
10.6.3 Vision System/3D Vision
10.6.4 Braking System
10.6.5 Airbags
10.6.6 Seatbelts
10.6.7 ADAS
10.6.8 Others
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 Technology 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 Automotive Safety Technology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Safety Technology 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 Technology Market Size Forecast by Type
11.6.1 LIDAR
11.6.2 RADAR
11.6.3 Vision System/3D Vision
11.6.4 Braking System
11.6.5 Airbags
11.6.6 Seatbelts
11.6.7 ADAS
11.6.8 Others
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 Technology 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 Automotive Safety Technology Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Safety Technology 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 Technology Market Size Forecast by Type
12.6.1 LIDAR
12.6.2 RADAR
12.6.3 Vision System/3D Vision
12.6.4 Braking System
12.6.5 Airbags
12.6.6 Seatbelts
12.6.7 ADAS
12.6.8 Others
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 Technology 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) Automotive Safety Technology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Safety Technology 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 Technology Market Size Forecast by Type
13.6.1 LIDAR
13.6.2 RADAR
13.6.3 Vision System/3D Vision
13.6.4 Braking System
13.6.5 Airbags
13.6.6 Seatbelts
13.6.7 ADAS
13.6.8 Others
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 Technology 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 Automotive Safety Technology Market: Competitive Dashboard
14.2 Global Automotive Safety Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch Company
14.3.2 Delphi Automotive PLC
14.3.3 Autoliv Inc.
14.3.4 Denso Corporation
14.3.5 Joyson Safety Systems
14.3.6 ZF TRW
14.3.7 Continental AG
14.3.8 Johnson Electric Holdings Limited
14.3.9 Magna International Inc.
14.3.10 Mobileye N.V.
