Report analyzes Automotive Active Safety System Market Upcoming Opportunities, challenges, Key Country Analysis, with business development strategies, And key players insights.
Key players in global Automotive Active Safety System market studied are:
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), Bosch (Germany), Continental (Germany), Delphi Technologies (U.K.), ZF Friedrichshafen (Germany), Autoliv (Sweden.
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Automotive Active Safety System Global Market Highlights:
Key questions answered in this report –
- What will the market size, share, trends forecast for Automotive Active Safety System Industry in coming years?
- What will be the key market trends in Automotive Active Safety System Industry?
- Which factors is driving this Automotive Active Safety System Global market?
- What are the challenges that Automotive Active Safety System Global Industry facing?
- Who are the key Players in this industry?
- What are the market opportunities?
- What are the strengths and weaknesses of the key Companies?
Automotive Active Safety System Market Growth Drivers:
The factors that are responsible for the growth of automotive active safety system are growing production of vehicles, increase in stringent government regulations for safety, and among others. The growing production of passenger and commercial vehicles have led to increase in demand for active safety system. The increase in demand for active safety system will result in the growth of the market during the forecast period. Government is mainly focusing on the standard that will lead to increased safety of the driver. The increased safety of the drivers will result in many OEMs to develop parts that provide high strength and guide the driver by using latest safety technologies. The increase in demand for the safety technologies will result in increased use of active safety system in the vehicles. This will lead to the growth of the market during the forecast period.
Automotive Active Safety System Industry Segments Analysis:
The Automotive Active Safety System market is segmented based on product, occupant type vehicle type, and region.
By product, the market is segmented based on tyre-pressure monitoring system, lane departure warning, adaptive cruise control, night vision system, driver monitoring, anti-lock braking system and blind spot detection. The adaptive cruise control segment is expected to dominate the market during the forecast period due to increase awareness about the features of the system and their application.
Adaptive cruise control is the future trending technology for intelligent cars. They use sensors that detects the distance between two cars that enables the driver safety and convenience. They also increase the road capacity by keeping a safe gap between the two vehicles. By occupant type, the market is segment based on driver, passenger, child, and pedestrian. The driver segment is expected to dominate the market during the forecast period due to an increased need for safety of the drive and to assist the drive about the lane and direction.
Automotive Active Safety System Regional Market Analysis:
On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World.
In Asia Pacific region, there is an increase in the production of new vehicles in countries such as India, China, and Japan. The major growth in Asia Pacific is due to the increase in the use of automotive active safety system because of the growing demand for safety to the passenger. The recent shift in the preference from mileage to vehicle looks and features is also expected to result in the high demand for active safety systems.
The global advanced driver assistance systems market is also expected to grow during the forecast period owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector. North America is expected to be the second largest market due to the stringent government regulation for safety. The National Highway Traffic Safety Administration have set up various regulation for the safety of the passenger in the car. Due to the increase in the stringent government regulation, people are going forward for high demand of active safety system installation in the vehicles. Europe is expected to be the third largest region to grow during the forecast period due to the technology improvement from the last few years.
Germany is known for its outstanding automotive industry and engineering. The German cars are highly valued due to the innovation, reliability, safety, and design. In Europe, Germany is one of the leading countries for production and sales of vehicles. World class R&D infrastructure, and highly qualified workforce, have created incomparable automotive environment. This will boost the production of automotive vehicle, in future which will result in the growth of the market during the forecast period.
Major Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Researc
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
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