Market Overview:
The global passenger vehicle safety system 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, rising awareness about safety features in vehicles, and technological advancements in the automotive industry. The global passenger vehicle 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, crash avoidance systems, and airbags. Passive systems are further sub-segmented into seatbelts, child restraints, and headrests & airbags. The active system segment is expected to grow at a higher CAGR than the passive system segment during the forecast period from 2018 to 2030 owing to increasing demand for advanced safety features in vehicles. On the basis of application, sedans accounted for majority share of the global passenger vehicle safety system market in 2017 owing to their high sales volume as compared with other types of passenger vehicles such as SUVs and vans/minivans.
Product Definition:
A safety system for passenger vehicles is a set of components and features that work together to protect vehicle occupants in the event of a crash. These systems include airbags, seat belts, and electronic stability control. They are important because they help reduce the risk of injury in a crash.
Active:
Active safety systems are a set of advanced driver assistance technologies that work together to help avoid collisions and reduce the severity of any accidents. These systems include features such as collision avoidance braking system, airbags, electronic stability control and anti-lock braking system.
The global active safety systems market was valued at USD 14.9 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Passive:
Passive safety systems are a set of passive components and techniques used to decrease the risk of injury or damage to people, vehicles, and property during an accident. The primary function of passive safety is to prevent or reduce the severity of accidents by reducing kinetic energy (energy in motion) or momentum (the force that an object possesses when it is moving).
The global market for passenger vehicle safety was valued at USD 28.5 billion in 2016.
Application Insights:
The others application segment includes buses, trucks and other motorcoaches. The global market for these vehicles is expected to witness significant growth over the forecast period owing to their rising popularity as family cars or taxi-like cars. In addition, governments are mandating the use of passenger safety systems in such vehicles to increase road safety for passengers. For instance, European countries have made it mandatory for all new light commercial vehicles (LCVs) sold since 2017 to be equipped with a front collision warning system known as forward collision warning.
Passenger vehicle security systems are also being increasingly installed in heavy commercial vehicles such as trucks and tankers due to increased risks of loss of life and injuries caused by hitting unprotected obstacles while traveling at high speed on highways or rural roadsides across various regions including North America.
Regional Analysis:
North America dominated the global passenger vehicle safety system market in terms of revenue with a share of over 40.0% in 2017. This is attributed to stringent regulations for road safety implemented by the government and an increase in awareness about road accidents, which results into increased demand for PSSs. The U.S., being one of the most developed countries, has some of the strictest regulations regarding automotive safety features across all regions covered in this study.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing disposable income and growing automobile industry across emerging economies such as India and China along with other South East Asian countries that are major manufacturing hubs for passenger cars & commercial vehicles including trucks & buses among others).
Growth Factors:
- Increasing demand for passenger vehicles
- Stringent safety norms by regulatory authorities
- Technological advancements in safety systems
- Growing awareness about passenger vehicle safety among consumers
- Rising number of road accidents
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle Safety System Market Research Report
By Type
Active, Passive
By Application
Sedans, SUVs, Others
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle Safety System Market Report Segments:
The global Passenger Vehicle 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
Sedans, SUVs, 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:
- Robert Bosch
- Continental
- Denso
- Infineon
- ZF
- Aptiv
- Aisin
- Toyoda Gosei
- Magna International
Highlights of The Passenger Vehicle 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:
- Sedans
- SUVs
- 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 Passenger Vehicle 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.
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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?
Passenger Vehicle Safety System (PVSS) is a suite of technologies that are designed to help protect occupants in vehicles from injuries or death in the event of a crash. The system includes airbags, seatbelts, and other safety features.
Some of the major players in the passenger vehicle safety system market are Robert Bosch, Continental, Denso, Infineon, ZF, Aptiv, Aisin, Toyoda Gosei, Magna International.
The passenger vehicle 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 Passenger Vehicle 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 Passenger Vehicle Safety System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Safety System Market Size & Forecast, 2018-2028
4.5.1 Passenger Vehicle Safety System Market Size and Y-o-Y Growth
4.5.2 Passenger Vehicle Safety System Market Absolute $ Opportunity
Chapter 5 Global Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Safety System Market Size Forecast by Applications
6.2.1 Sedans
6.2.2 SUVs
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Safety System Analysis and Forecast
9.1 Introduction
9.2 North America Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Safety System Market Size Forecast by Applications
9.10.1 Sedans
9.10.2 SUVs
9.10.3 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 Passenger Vehicle Safety System Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Safety System Market Size Forecast by Applications
10.10.1 Sedans
10.10.2 SUVs
10.10.3 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 Passenger Vehicle Safety System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Safety System Market Size Forecast by Applications
11.10.1 Sedans
11.10.2 SUVs
11.10.3 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 Passenger Vehicle Safety System Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Safety System Market Size Forecast by Applications
12.10.1 Sedans
12.10.2 SUVs
12.10.3 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) Passenger Vehicle Safety System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger Vehicle 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) Passenger Vehicle 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) Passenger Vehicle Safety System Market Size Forecast by Applications
13.10.1 Sedans
13.10.2 SUVs
13.10.3 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 Passenger Vehicle Safety System Market: Competitive Dashboard
14.2 Global Passenger Vehicle 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
