Summary
Automotive Safety Technologies Market Report Information by Active Technology (ESC, LDW, ABS,
BSD, TPMS, EBD), by Passive Technology (Pedestrian, Whiplash Protection, Airbag), by Fuel Used
(Petrol, Diesel, EV, HEV), by Offering (Software, Hardware), by Vehicle Type (Passenger, LCV and
HCV), and by Region - Global Forecast to 2023
Automotive Safety Technologies Market Overview
With a growing number of automotive takers, governments across the globe are making it mandatory
for automotive manufacturers to adhere to the stringent safety norms. This is spurring the growth of
the Automotive Safety Technologies market. The Automotive Safety Technologies market is gaining
substantial mileage due to technological developments happening in the industry. The global
Automotive Safety Technologies market is expected to gain 9% CAGR to advance during the forecast
period (2017-2023). Market Research Future (MRFR) claims this in their recently published report
and predicts a possibility for the market in crossing their estimated valuation by the end of 2023.
Automotive manufacturers put a great emphasis on building a brand value due to which they try to
secure every possible avenue of growth. Hence, the burgeoning safety system industry. Their strict
adherence to road safety policies is predicted to ensure high-end and high-performance cars. At the
same point of time, technological integration is making it easier for manufacturers to implement such
changes which are helping the market growth as well.
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Competitive Landscape
Several companies are actively participating in the global Automotive Safety Technologies market.
Their involvement ensures strategic moves that are aimed at individual growth but which plays well
for the holistic growth of the market as well. These companies are Continental AG (Germany), Delphi
Automotive PLC (Aptiv PLC) (U.S.), Magna International Inc. (Canada), Denso Corporation (Japan),
TRW Automotive (U.S.), Robert Bosch GmbH (Germany), Johnson Electric Holdings Limited (Hong
Kong), Autoliv Inc. (U.S.), Takata Corporation (Japan), and Mobileye N.V. (Israel).
Segmentation
Fuel-used, offering, active technology, passive technology, and vehicle type are segmentations based
on which MRFR had studied the Automotive Safety Technologies market.
By active technology, the Automotive Safety Technologies market includes Anti-Lock Braking
Systems (ABS), Lane Departure Warning Systems (LDW), Tire Pressure Monitoring Systems (TPMS),
Driver Monitoring System (DMS), Adaptive Cruise Control (ACC), and Blind Spot Detection (BSD).
These technologies work in sync with the Central Electronic Processing Unit (CEPU) by feeding its
real-time data to constantly modify the database and set actions according to the parameters set by
the manufacturers for the car.
Based on passive technology, the Automotive Safety Technologies market can be segmented into a
pedestrian, whiplash protection, and airbag. The airbag system finds widespread acceptance, and its
installation cost is quite low, along with its production cost.