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

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 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. '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)'

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. 

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. 

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.