Report analyzes Global Automotive Active Safety System Market by Product (Tyre-Pressure Monitoring System, Lane Departure Warning, Adaptive Cruise Control, Night Vision System, Driver Monitoring, Anti-Lock Braking System And Blind Spot Detection), Occupant Type (Driver, Passenger, Child, and Pedestrian), Vehicle Type (Passenger Car and Commercial Vehicle), and region. The Automotive Active Safety System market is expected to grow over the CAGR of around 10.65% during the period 2017 to 2023.
Automotive Active Safety System Market Prominent players in the global industry that are included in the report are Bosch (Germany), Continental (Germany), Delphi Technologies (U.K.), ZF Friedrichshafen (Germany), Autoliv (Sweden), 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).
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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.
This will increase the demand for an active safety system in automotive. Many automotive suppliers and OEMs such as Bosch, Continental, Delphi Technologies, ZF Friedrichshafen are focusing on the development of active safety system to be upfront in the competitive environment.
This study provides an overview of the global automotive active safety system market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Active Safety Systems market by its product, occupant type vehicle type, and region.
The presence of such strong players in the market raises the entry barriers for new entrants, the primary obstacle being the capital requirements. Hence, will increase the competition in the market. Manufacturers not only deliver the end–product in the market but also provide after sales services to the end-users. They deliver products through their own distribution channels, exclusive dealers, as well as other private dealers. Major active safety system manufacturers also have to enter into strategic alliances with local dealers and automotive manufacturers to compensate for rules & regulations about doing business in certain countries.
By region, the market is segmented based on North America, Asia Pacific, Europe, and, Rest of the World. Asia Pacific region is expected to dominate the Automotive Active Safety System market during the forecast period due increase in the production of passenger and commercial vehicle in emerging nation such as India, China, and Japan.
The increase in production of vehicles will result in increased use of safety technology for better safety of the drivers. This growing safety technology will result in the growth of active safety system market in future. North America is expected to dominate the market during the forecast period due to increase in demand for the new vehicles which will enable the growth of the auto components suppliers. This will lead to increased use of active safety system for the auto components supplier.
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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 Research
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 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
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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