Global Automotive Safety System market is accounted for $110.32 billion in 2020 and is expected to reach $261.66 billion by 2028 growing at a CAGR of 11.4% during the forecast period. Government regulations pertaining to vehicle safety, rise in the demand for a safe, efficient, and convenient driving experience and increasing demand for luxury cars are the major factors driving the market growth.
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By geography, Asia Pacific is going to have high growth during forecast period due to increasing production of automobiles, increasing passive safety system contents per vehicle, mainly in China and India.
Some of the key players profiled in the Automotive Safety System Market include Autoliv, Bendix Commercial Vehicle Systems LLC, BMW, BYD Auto Co. Ltd, Continental AG, Delphi Automotive, Hella Electronics Corp, Infineon Technologies, Magna International, Mando, Robert Bosch GmbH, Toyoda Gosei Co., WABCO Vehicle Control System and ZF Friedrichshafen AG.
Offerings Covered in Automotive Safety System Market
• Hardware
• Software
On-Highway Vehicles Covered:
• Passenger Cars (PC)
• Commercial Vehicle
• Buses
• Trucks
Off-Highway Vehicles Covered:
• Agriculture Vehicle
• Construction Vehicle
Engine Types Covered:
• Internal Combustion Engine (ICE)
• Electric Vehicles (EVs)
Vehicle Autonomies Covered:
• Non-Autonomous
• Semi-Autonomous
• Fully Autonomous
Fuels Used Covered:
• Petrol
• Diesel
Processes Covered:
• Mechanical Process
• Hydraulic Process
• Pneumatic Process
Stampings Covered:
• Hot Stamping
• Cold Stamping
Vehicle Types Covered:
• Mid-Priced Cars
• Luxury Cars
• Economy Cars
Products Covered:
• Active Safety
• Passive Safety
Technologies Covered:
• Active Safety System
• Passive Safety System
End Users Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket
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