The Automotive Active Safety Market is projected to grow from USD 17429.91 Million in 2021 to USD 71090.37 Million by 2032, exhibiting a compound annual growth rate (CAGR) 16.9% during the forecast period (2023 - 2032). The surging vehicle production and rising strictness of the government safety rules are the top factors behind the expansion of the automobile active safety systems market. The demand for active safety systems is also mounting as a result of the soaring production of both passenger and commercial cars worldwide.
Customers, businesses, and governments are all concerned about the steadily rising number of car accidents caused by sudden lane changes. The performance of advanced driver assistant systems (ADAS) is therefore being driven by ongoing technological advancements in the automotive industry, which are continuously adding distinctive features to cars to reduce traffic accidents and increase the security of both passengers and drivers in both cars. This may help to drive the automotive active safety system market. Market vendors help original equipment manufacturers (OEMs) sustain innovation in automotive safety regulations.
The active safety features in automobiles make it easier to avoid or reduce injuries during collisions. Seatbelts and headrests are part of the active safety system, which helps keep the occupant in position during collisions and lowers the risk of harm. To lessen mishaps, the system offers warnings and further help. Additionally, it aids in maintaining the car in the right lane and warns users of blind spots, helping to prevent accidents. Electronic stability control (ESC), tire pressure monitoring systems (TPMS), and lane departure warning systems (LDWS) are a few of the most popular active safety systems.
The demand for active safety systems has increased as a result of the rise in passenger and commercial vehicle production. During the forecast period, the market is anticipated to develop as a result. Additionally, in the upcoming years, the vehicle active safety system will expand as a result of safety solutions in the automobile sector.
A surge in the number of young clients and a rise in the desire for fast cars has led to more accidents. Advanced safety technologies including blind spot identification, lane keep assist, and anti-roll braking systems are currently being included in many automobiles. The market for automotive active safety systems will therefore expand in the upcoming years as high-speed vehicle demand rises.
The potential for the Automotive Safety System Market to flourish increases with the number of autonomous vehicles in the market. Surveys show that consumers in a number of countries are starting to trust autonomous or self-driving cars. Part of this can be attributed to how well autonomous vehicle testing and operations have gone in the South Asian region. However, some of the issues that may hinder market expansion include the high cost of safety systems and worries about system security.
The tire-pressure monitoring system, lane departure warning, adaptive cruise control, night vision system, driver monitoring, anti-lock braking system, and blind spot detection are the market segments by product. Due to growing knowledge of the system's features and applications, the adaptive cruise control sector is anticipated to dominate the market throughout the projection period. The technology of the future for intelligent cars is adaptive cruise control. They employ sensors to measure the space between vehicles, enhancing driver ease and safety. By maintaining a secure distance between the two vehicles, they also expand the road's capacity.
The market is divided into driver, passenger, kid, and pedestrian segments based on occupant type. Due to an increased requirement for driving safety and guidance about lane and direction, the driver sector is anticipated to dominate the market over the projection period.
Passenger vehicles and Commercial vehicles are the vehicle types considered in the study. It is anticipated that the passenger vehicle segment will dominate the worldwide market during the study period. This vehicle type is anticipated to grow at the fastest rate over the same period of time due to greater adoption of safety systems, high demand for active safety systems, and organic growth in the production of luxury cars and SUVs.
By Region, the study considers Europe, North America, Asia-Pacific, and the Rest of the World as the top segments.
In light of the presence of significant competitors in the region, the North American automobile active safety system market will dominate. The market growth in this region will also be aided by the rising acceptance rate of contemporary technology and developing economic conditions. Additionally, the North American vehicle safety system market in North America was led by the US, which had the biggest market share, and Canada, which had the quickest rate of growth.
Due to the adoption of stronger safety regulations by several governments and the rising use of curtain and knee airbags in this region, Europe holds the second-largest market share for vehicle active safety systems. The UK market will have the fastest increase while the German market for car active safety systems is currently in the lead.
From 2023 to 2032, the automotive active safety system market in Asia-Pacific is anticipated to develop at the quickest CAGR. This is a result of the rising use of sophisticated electronics and the substantial manufacture of automobiles in nations like South Korea, China, and Japan. Additionally, the Indian automotive active safety system market had the Asia-Pacific region's quickest rate of growth and China's automotive active safety system market had the greatest market share.
Numerous international, regional, and local providers can be found in the market for vehicle active safety systems. All of the companies in the industry are vying for the largest possible portion of the market, which is very competitive. Market expansion is significantly impacted by fierce competition, frequent changes to legislation and government policies, and other variables. Cost, product quality, dependability, and aftermarket services are the criteria on which the vendors compete. To remain relevant in a highly competitive market climate, the vendors must offer high-quality, cost-effective active safety solutions.
Bosch (Germany), Continental (Germany), Delphi Technologies (U.K.), ZF Friedrichshafen (Germany), Autoliv (Sweden), Hyundai Mobis (South Korea), Valeo (France), DENSO (Japan), Magna International (Canada), FLIR Systems (U.S.), Infineon Technologies (Germany), Ficosa International S.A. (Spain), PSA Peugeot Citroen (France), Borg Warner Inc.(U.S.), CAx software (India) are the top developers of automotive active safety systems listed in the MRFR report.
| Report Attribute/Metric | Details |
| Market Size | 2021: 17429.91 Million |
| Market Size | 2032: 71090.37 Million |
| CAGR | 16.9 % CAGR (2022 to 2030) |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, Occupant Type, Vehicle Type, Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Bosch (Germany), Continental (Germany), Delphi Technologies (U.K.), ZF Friedrichshafen (Germany), Autoliv (Sweden), Hyundai Mobis (South Korea), Valeo (France), DENSO (Japan), Magna International (Canada), FLIR Systems (U.S.), Infineon Technologies (Germany), Ficosa International S.A. (Spain), PSA Peugeot Citroen (France), Borg Warner Inc.(U.S.), CAx software (India) |
| Key Market Opportunities | New product launches and R&D Amongst major key Players |
| Key Market Drivers | Impelled by the urgency to resolve the rising cases of accidents |
Automotive Active Safety System Market Highlights:
Frequently Asked Questions (FAQ) :
The automotive active safety system market can surge at 16.9% CAGR by 2032.
MRFR study states that the automotive active safety system market poised to attain a sizable valuation by 2032.
Infineon Technologies (Germany), PSA Peugeot Citroen (France), Ficosa International S.A. (Spain), Borg Warner Inc.(U.S.), and CAx software (India) are some reputed companies in the automotive active safety system market.
The global market of active safety systems can be impelled by the urgency to resolve the rising cases of accidents.
The hefty investment made by EU automakers to improve their models can spur the regional market growth.
Team Lead - Research With a technical background as bachelor's in mechanical engineering, with mba in operations management , swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the automotive/a&d domain. swapnil has worked on major projects in verticals such as aerospace & defense, automotive and many other domain projects. he has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.
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