USD 127.04 Billion
Automotive Active Safety System Market Size, Share, Growth Analysis, By Type(Tire-pressure Monitoring System, Lane Departure Warning, Adaptive Cruise Control, Night Vision System), By Sensor Type(Camera Sensor, Radar Sensor, Lidar Sensor), By Vehicle Type(Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Buses & Coaches), By Propulsion Type(ICE, Electric), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2180 |
Region:
Global |
Published Date: October, 2024
Pages:
223
|Tables:
171
|Figures:
79
Automotive Active Safety System Market Insights
Global Automotive Active Safety System Market size was valued at USD 12.2 billion in 2022 and is poised to grow from USD 14.46 billion in 2023 to USD 56.21 billion by 2031, growing at a CAGR of 18.50% during the forecast period (2024-2031).
The key emerging trend in the automotive active safety system industry is the integration of artificial intelligence (AI) and machine learning (ML) into safety engineering. For example, AI-powered systems can analyze large amounts of data from sensors and cameras to make split-second decisions to predict and prevent collisions. This technology also allows them to learn continuously, and the systems improve as they encounter driving conditions.
This trend not only improves the effectiveness of active safety systems, but also opens the way for more advanced autonomous vehicles. One of the major challenges in the automotive active safety system market is the rising cost of advanced safety systems. These systems, such as anti-lock braking systems, electronic stability control and advanced sensors, require advanced technology and materials, increasing vehicle manufacturing costs. This can increase vehicle prices for safety and can be bought for automakers especially in high-cost markets. Cost can also slow the adoption of this technology, especially in developing regions. Continuous advances in sensor technology, artificial intelligence and connectivity have paved the way for new dynamic security systems. Vehicles are equipped with radar, cameras, lidar, and other sensors to monitor the captured environment in real time.
The global automotive active safety system market has witnessed tremendous growth in recent years, pushed by various products that prioritize passenger and vehicle safety. Active safety systems are becoming key features in modern vehicles, aimed at reducing the risk of accidents and enhancing general road safety.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
LKA Systems
Fastest Growth
LKA Systems
Growth Rate
14.82% CAGR
Automotive Active Safety System ($ Bn)
Country Share for Asia Pacific (%)
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Automotive Active Safety System Market Segmental Analysis
Global Automotive Active Safety System Market is segmented by Type, Sensor Type, Vehicle Type, Propulsion Type, and region. Based on Type, the market is segmented into Tire-pressure Monitoring System, Lane Departure Warning, Adaptive Cruise Control, Night Vision System, Driver Monitoring, Antilock Braking System, and Blind Spot Detection. Based on Sensor Type, the market is segmented into Camera Sensor, Radar Sensor, and Lidar Sensor. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Buses & Coaches. Based on Propulsion Type, the market is segmented into ICE, and Electric. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Application
LKA systems are the dominant segment which are designed to help drivers to maintain healthy lanes and are poised for rapid automotive active safety system market growth. Departure-related accidents are a growing concern, and law enforcement agencies are increasingly mandating or encouraging the use of roadblock technology. LKA structures will grow, contributing to its reputation as a rapidly growing software phase. Lane keeping help (LKA) structures play a crucial position in car protection and are a critical part of current superior driver helps structures (ADAS). These systems use cameras and sensors to monitor the street markings and hit upon if a car may be inadvertently drifting out of its lane. In some advanced configurations, the LKA system is able to actively steer the vehicle to maintain a correct lane stop.
As per automotive active safety system market outlook, pedestrian detection systems are expected to be the fastest growing application segment. Governments are increasingly emphasizing pedestrian safety, using a mix of technologies that detect pedestrians. As the requirement for pedestrian protection services is being pushed by law and consumer sentiment, the adoption of pedestrian detection systems may have the potential to increase dramatically. The pedestrian detection systems (PDS) are designed to detect pedestrians in the vehicle’s path and prevent potential accidents. These systems use a combination of cameras, radar, and infrared sensors to detect pedestrians and other obstacles. If the system detects a possible collision, it can warn the driver or even automatically apply the brakes to avoid or minimize damage. Pedestrian identification systems are critical to keeping pedestrians, bicyclists, and others on the roads safe and have improved security. With pedestrian fatalities worldwide, especially in urban areas, these programs will play an important role in reducing such incidents by providing additional protection.
Analysis by System Type
Adaptive cruise control (ACC) is the dominant segment in the market. Adaptive cruise control (ACC) is an improved version of traditional cruise control that automatically adjusts the speed of the vehicle to allow safe following from the vehicle ahead. The need for frequent speed adjustments and breaking on, increasing driving comfort. It enhances driving comfort and safety, making it attractive to customers and in line with the company’s push towards automation. Using radar and cameras, the ACC system can monitor traffic conditions and adjust vehicle speed accordingly. This feature is particularly useful in highway traffic, where it is important to maintain a constant speed while avoiding collisions with slower traffic ACC fatigue.
As per automotive active safety system market analysis, AEB is the fastest growing segment. AEB significantly reduces the risk of accidents by intervening when a driver is not reacting fast enough. Especially effective in preventing rear end crashes, and reducing low speed crashes, which are common in cities. AEB systems are designed to quickly detect a collision and robotically apply braking to save your life or minimize collisions. The rapid development of AEB can be attributed to its effectiveness in reducing rear-end collisions which frequently led to serious accidents. Increased safety regulations and emphasis on injury reduction have every chance of creating pressure. The adoption of AEB, making it the fastest growing device.
Automotive Active Safety System Size By Application
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Automotive Active Safety System Market Regional Insights
Asia-Pacific dominated the automotive active safety system market share. This region has major automotive manufacturing centers and China, Japan and South Korea, which contribute significantly to the development and adoption of automotive safety systems. Automotive active safety system market is growing rapidly in Asia-Pacific especially in China and India due to expansion in automotive industry. Adoption of electric vehicles and increasing number of vehicles on road helps demand for moving equipment facial diagnosis in this region. Automotive estimated 4% share, increasing consumer purchasing power and increasing consumer awareness of safety products in developing countries are key drivers in Asia Pacific. The automotive industry intends to increase their product volumes by using modern technology. For example, Mercedes-Benz, General Motors and Volkswagen moved their manufacturing plants to developing countries. Moreover, Asia-Pacific has major semiconductor supplier countries. And the ease of availability of power electronic components and accessories makes Asia Pacific an important regional market.
North America is expected to remain the largest dynamic global automotive active safety system market during the forecast period. The United States is positioned to act as the growth engine of the market. Especially the US. that it has strict vehicle safety regulations implemented by agencies such as the National Highway Traffic Safety Administration (NHTSA). These regulations mandate that vehicles be equipped with specific safety features and technologies to ensure safety standards are met on various types. Consequently, automotive manufacturers operating in North America are committed to developing and implementing advanced safety systems to meet regulatory requirements.
Automotive Active Safety System Size By Region
- Largest
- Fastest
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Automotive Active Safety System Market Dynamics
Drivers
Strict Government Regulations and Safety Standards
- Worldwide, government regulations and safety standards are the major factors driving the automotive active safety system market growth. Especially in North America, Europe and Asia-Pacific, regulatory bodies are increasingly pressing for the inclusion of advanced safety technologies in vehicles. Automated Emergency Braking (AEB), Lane Departure Warning (LDW), Adaptive Cruise from standards by organization types such as those established by the National Highway Traffic Safety Administration (NHTSA) and the European New Vehicle Assessment Program (Euro NCAP) got a push to adopt technologies control (ACC). These regulatory pressures are driving increased adoption of active safety systems throughout the automotive industry.
Technological Advancement and Innovation in Automotive Safety Systems
- The continuous development of automotive active safety system through technological advancements and innovations acts as a driver for the global automotive active safety system market over the long term. As automakers prioritize vehicle safety improvements to reduce accidents and fatalities, increasing emphasis is being placed on integrating advanced and autonomous safety features into vehicles. Innovations such as collision avoidance systems, pedestrian detection systems, traffic change monitoring systems and lane warning systems are reshaping the vehicle safety landscape, drivers, passengers.
Restraints
High Cost of Implementation
- A major mandate in the automotive active safety system market is the high cost of implementation. An active security system incorporates complex technologies such as sensors, cameras, and radar, adding significant costs to the manufacturing process. This could drive up the price of cars, especially in low-cost areas, and potentially hinder the widespread use of cars. Small car manufacturers and thrifty consumers are reluctant to pay for vehicles with advanced safety features, preventing this technology from entering the market.
Challenge of Technology Integration
- Integrating dynamic safety systems into existing vehicles can be complex and requires significant changes in vehicle design and infrastructure. Existing vehicle models and older vehicle designs may not be fully compatible with new safety technologies, making it difficult to reconfigure these systems to existing models. Need for continuous software updates, sensor recalibration and system integration further complicate the process especially in limited infrastructure.
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Automotive Active Safety System Market Competitive Landscape
The automotive active safety system market is highly competitive and dynamic, with many global players competing for market share. Key market players include traditional automotive component manufacturers, technology companies, and new entrants specializing in autonomous driving and safety technologies implementing AI. Competition is driven by technological advances, regulatory pressures and increased customer demand for security features. Companies in the automotive active safety system market are increasingly developing strategies and business units to strengthen their supply chains and enhance their R&D capabilities. For example, Aptiv and Lyft have partnered to develop autonomous vehicle technology, while Bosch and Daimler are collaborating on integrated active safety solutions for autonomous vehicles.
Top Player’s Company Profiles
- Robert Bosch GmbH (Germany)
- Continental AG (Germany)
- ZF Friedrichshafen (Germany)
- Autoliv Inc. (Sweden)
- Hyundai Mobis (South Korea)
- Valeo SA (France)
- Magna International (Canada)
- DENSO Corporation (Japan)
- FLIR Systems (US)
- Infineon Technologies (Germany)
- Aptiv PLC (Ireland)
- NVIDIA Corporation (US)
- LG Electronics (South Korea)
- Sierra Wireless (Canada)
- Visteon Corporation (US)
- Hella GmbH & Co. KGaA (Germany)
- Pioneer Corporation (Japan)
- Nippon Seiki Co., Ltd. (Japan)
- Mitsubishi Electric Corporation (Japan)
- Gentex Corporation (US)
- Aisin Seiki Co., Ltd. (Japan)
- Mobis Automotive (South Korea)
- Elbit Systems Ltd. (Israel)
Recent Developments
- In March 2024, in order to develop ADAS for new electric vehicle models, Continental AG and a top automaker have announced a strategic agreement. The partnership centers on utilizing Continental's proficiency in sensor technology and software development.
- In February 2024, The "VisionX" platform for ADAS, which combines a number of sensors with AI algorithms to improve car safety and navigation in challenging traffic situations, is launched by Robert Bosch GmbH.
- In January 2024, in order to increase vehicle safety and advance autonomous driving technology, Continental AG announced its "5D imaging radar".
- In September 2023, the world leader in automotive safety systems, Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), and Great Wall Motor ("GWM"), a well-known Chinese vehicle manufacturer, will collaborate to address opportunities and challenges in the rapidly evolving global automotive landscape starting.
Automotive Active Safety System Key Market Trends
- Increasing Integration of Artificial Intelligence (AI) And Machine Learning (ML): Artificial intelligence (AI) and machine learning (ML) are increasingly being integrated into dynamic vehicle safety systems. AI algorithms enhance the power of adaptive cruise control, collision avoidance, emergency braking and other safety features, enabling vehicles to make real-time decisions based on more sensor data. As AI and ML technologies improve it will help for more autonomous intelligence systems.
- Growing Autonomous and Semi-autonomous Vehicles: The development of autonomous and semi-autonomous vehicles is a key factor in the adoption of active safety systems. As manufacturers work towards fully autonomous vehicles, they develop advanced safety technologies to handle more challenging driving environments. This technology is the basis for self-driving systems, which rely on active safety features to ensure that the vehicle can steer and make decisions without human intervention. Therefore, the continuing development of autonomous driving is closely linked to the demand for active safety technologies.
Automotive Active Safety System Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest analysis, the automotive active safety system industry is growing exponentially, driven by technological advancements in automotive safety, increased consumer demand for enhanced safety features such as Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB), Lane Departure Warning (LDW). The purpose of these systems is accident prevention and autonomous driving of increasing safety standards is to help drivers improve vehicle safety and with the push back. Automakers are increasingly integrating this technology into their vehicles as the auto industry will be the main part of the future. North America and Asia Pacific are the two major regions driving growth in the automotive active safety system market. North America has focused on key theaters for active safety technologies and now witnesses major automotive hubs such as China and Dakshina Korea. These communities combined with autonomous driving are shaping the future of automotive safety, and contributing to the global push towards safer, smarter driving experiences.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 12.2 billion |
| Market size value in 2031 | USD 56.21 billion |
| Growth Rate | 18.50% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Active Safety System Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Active Safety System Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Active Safety System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Active Safety System Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Active Safety System Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Active Safety System Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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