Global Automotive Safety System Market Growth (Status and Outlook) 2023-2029

Global Automotive Safety System Market Growth (Status and Outlook) 2023-2029

An automotive safety system is a combination of equipment and systems installed in a automotive to minimize the occurrence of an accident and its consequences, such as injury, loss of life or loss of property. Crash-avoidance systems, crash-avoidance systems and crash-avoidance survivability equipment and systems are some common types of automotive safety systems.
LPI (LP Information)' newest research report, the “Automotive Safety System Industry Forecast” looks at past sales and reviews total world Automotive Safety System sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Safety System sales for 2023 through 2029. With Automotive Safety System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Safety System industry.
This Insight Report provides a comprehensive analysis of the global Automotive Safety System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Safety System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Safety System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Safety System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Safety System.
The global Automotive Safety System market size is projected to grow from US$ 56250 million in 2022 to US$ 80140 million in 2029; it is expected to grow at a CAGR of 5.2% from 2023 to 2029.
At present, the market is not concentrated. The automotive safety system technical barriers and capital barriers are not high.The global leading manufacturers of advanced automotive safety systems are concentrated in the United States, Europe, India, China and Japan. Raw materials are also concentrated in these areas.In particular, as the market leader in automotive safety systems,ZF-TRW, Autoliv, Joyson Safety Systems, Continental、Robert Bosch had global market share of approximately 74.94% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Safety System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Active Safety System
Passive Safety System
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ZF-TRW
Autoliv
Joyson Safety Systems
Continental
Robert Bosch
Denso
Toyota Gosei
Mobileye
Nihon Plast
Jinheng Automotive Safety System
Hyundai Mobis
Aisin
Tokai Rika
Ashimori Industry
MANDO

Please note: The report will take approximately 2 business days to prepare and deliver.