Summarization Of the Report
Safety of both, driver and passengers is one of the most important concern while travelling. Automotive safety is the procedure of designing and construction of the safety systems of the vehicle, as per the standards and regulation prescribed by the government agencies and transport authorities of the across the world. The main aim of the automotive safety systems is to avoid accidents and minimize the occurrence and impact of the accidents. Present day vehicles are equipped with both passive and active safety systems to protect both passengers and driver from sudden jerk or accidents.
The increasing usage of automobiles for long distance travelling is influencing the demand for automotive safety systems. This is inducing automotive OEMs to extensively focus on improving road safety by preventing accidents and reducing injuries. Technavio\'s market research study has identified the increase in safety concerns as one of the primary growth factors for the automotive active safety system market. The hectic lifestyle of the consumers and unfavorable driving etiquettes such as messaging, surfing, and speaking on the phone while driving, result in automotive accidents. Safety systems, such as BSD, lane departure warning, parking assist, and DMS assist in accident prevention and driver protection
The development of eco-cruise control is one of the key trends that will gain traction in the automotive active safety system market during the next few years. Eco-cruise control or economic cruise control is different from the normal cruise control as this system is designed for uneven roads that impact the consumption of significant amount of fuel while driving normally. This eco-cruise control uses GPS and GIS to adjust the speed of the vehicle. Electronic cruise control (ECC) is the combination of intelligent system or the control unit. Using these algorithms, the fuel consumption of the vehicle is reduced.
The Automotive Active Safety System market research report discusses the importance of the segments as well as the regional markets. An accurate overview for different segments and regions has been prepared on the basis of the market size as well as the growth rate (CAGR). Different industry professionals and research analysts in various regions have examined and validated the data presented in this research report.
Apart from this, the market research report contains an in-depth analysis of the forecasted data, important developments, and revenues. Further, it contains a thorough analysis of the important strategies undertaken by the leading market players to drive their business growth in the global Automotive Active Safety System market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
The research analysts have included important aspects, such as future trends, market position, opportunities, threats, challenges, risks, market dynamics, market share as well as entry barriers in this detailed research report. To be specific, this information is being presented in the form of tables, pie charts, product figures, and graphs. This graphical representation will help the readers to understand the market in a proper way.
In addition, the research report highlights crucial information on upstream raw materials, market development trends, downstream client surveys, and marketing channels. Further, it contains recommendations that offer important information on raw material suppliers, traders, distributors, consumers, and manufacturing equipment suppliers with their contact details, in order to perform an in-depth market chain analysis for the global Automotive Active Safety System market and the energy industry.
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries.
The report forecast global Automotive Active Safety System market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
First, this report covers the present status and the future prospects of the global Automotive Active Safety System market for 2015-2027.
Market Segmentation
The Automotive Active Safety System market is segmented on the basis of type, application, end-use industry, and region & country.
Key Companies
Bosch
Continental
Delphi Technologies*
ZF Friedrichshafen
Autoliv
Hyundai Mobis
Valeo
DENSO
Magna International
FLIR Systems
Infineon Technologies
At the same time, we classify Automotive Active Safety System according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Anti-lock Braking System (ABS)
Driver Monitoring System (DMS)
Adaptive Cruise Control (ACC)
Lane Departure Warning System (LDWS)
Tire Pressure Monitoring System (TPMS)
Electronic Stability Control (ESC)
Blind Spot Detection (BSD)
Night Vision System (NVS)
Market by Application
Passenger Vehicles
Commercial Vehicles
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Active Safety System market for the forecast period 2021 - 2027?
• What are the driving forces in the Automotive Active Safety System market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Active Safety System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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