Automotive Active Safety System Market was valued at USD 46.67 billion in 2019 and is expected to reach USD 131.73 billion by the year 2027, at a CAGR of 16.14%.
The Automotive Active Safety System market research study compiles data from primary and secondary sources on the elements impacting industry growth between 2022 and 2028. The document also goes into detail about the problems that the industry's growth matrix faces, as well as insights into the opportunities that will propel business progress in both new and existing markets. Furthermore, for a more comprehensive understanding of the market, the document delves extensively into the industry segments and competitive area. In addition, thorough information on COVID-19's impact is presented to help all stakeholders have a better grasp of this business domain and increase their earnings in the next years.
The global Automotive Active Safety System Market based on platform type is bifurcated into air, land and naval. On the basis of system type, the market is bifurcated into targeting system, imaging system and electronic support measures. Based on sensor technology type, the market is segregated into scanning sensor and staring sensor. On the basis of imaging technology, the market is bifurcated into hyper spectral and multi spectral.
The Major Players In The Automotive Active Safety System Market Include:
• Bosch
• Continental
• Delphi
• ZF Friedrichshafen
• Autoliv
• Takata
• Bendix CVS
• FLIR Systems
• Hella
• Hyundai Mobis
• Infineon Technologies
• Toyoda Gosei
• Freescale Semiconductor
• Navteq
• Valeo
Market has segmented the global Automotive Active Safety System market on the basis of type, application, and region:
The Automotive Active Safety System market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
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By Type:
• Anti-lock Braking System (ABS)
• Lane Departure Warning System (LDWS)
• Driver Monitoring System (DMS)
• Adaptive Cruise Control (ACC)
• Tire Pressure Monitoring System (TPMS)
• Electronic Stability Control (ESC)
By Application:
• Passenger Vehicles
• Commercial Vehicles
• Others
By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Automotive Active Safety System Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
Report covered the major key points:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
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