Quick Summary:
As road safety continues to be a primary concern, businesses in the automotive industry are constantly looking to innovate, improve, and pioneer next-generation safety mechanisms. Our new insightful report on the Global Automotive Active Safety Systems Market offers an in-depth evaluation of this highly innovative and expanding industry.
Projected to reach a staggering US$55.3 Billion by 2030, this in-demand report covers key market trends and growth factors, providing significant data on sectors like Anti-Lock Braking Systems (ABS) and Adaptive Cruise Control Systems (ACC). It features detailed explorations of vibrant markets such as the US, China, Japan and Europe, focusing on economic frontrunners like Germany and Canada. Appraising the strategies and market positions of key players such as Aptiv PLC, Autoliv Inc, and Bosch Mobility Solutions, this is an essential vade mecum for executives looking to understand industry shifts, growth, and the competitive landscape.
Global Automotive Active Safety Systems Market to Reach $55.3 Billion by 2030
The global market for Automotive Active Safety Systems estimated at US$17.6 Billion in the year 2022, is projected to reach a revised size of US$55.3 Billion by 2030, growing at a CAGR of 15.4% over the analysis period 2022-2030. Anti-Lock Braking Systems (ABS), one of the segments analyzed in the report, is projected to record 15.8% CAGR and reach US$19.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Adaptive Cruise Control Systems (ACC) segment is readjusted to a revised 16.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 19.7% CAGR
The Automotive Active Safety Systems market in the U.S. is estimated at US$4.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14 Billion by the year 2030 trailing a CAGR of 19.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.8% and 13% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.Select Competitors (Total 46 Featured) -
- Aptiv PLC
- Autoliv, Inc.
- Bosch Mobility Solutions
- Continental AG
- Denso Corporation
- FLIR Systems, Inc.
- Hyundai Mobis Co., Ltd.
- Infineon Technologies AG
- Magna International, Inc.
- Valeo SA
- ZF Friedrichshafen AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Active Safety Systems?
What is the growth rate of the Global Market for Automotive Active Safety Systems?
What is the forecasted size of the Global Market for Automotive Active Safety Systems?
Who are the key companies in the Global Market for Automotive Active Safety Systems?
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 17.6 Billion |
| Forecasted Market Value ( USD | $ 55.3 Billion |
| Compound Annual Growth Rate | 15.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aptiv PLC
- Autoliv, Inc.
- Bosch Mobility Solutions
- Continental AG
- Denso Corporation
- FLIR Systems, Inc.
- Hyundai Mobis Co., Ltd.
- Infineon Technologies AG
- Magna International, Inc.
- Valeo SA
- ZF Friedrichshafen AG
