logo image
search icon
Automotive Safety System Market

Automotive Safety System Market Size, Share & Trends Analysis Report By Technology (Active (ABS, ESC, BSD, LDWS, TPMS) and Passive (Airbag, Pedestrian and Whiplash Protection)), On-highway (PC, LCV, Buses, Trucks), Off-highway (Agriculture & Construction Vehicles), Electric Vehicles (Battery EV, Fuel Cell EV, Hybrid EV, and Plug-In Hybrid EV), Offering (Hardware, Software), By Region, And Segment Forecasts, 2023-2031

Report ID : 1730 | Published : 2023-04-15 | Pages: 180 | Format: PDF/EXCEL

The Global Automotive Safety System Market Size is valued at 132.16 billion in 2022 and is predicted to reach 280.19 billion by the year 2031 at an 8.94% CAGR during the forecast period for 2023-2031.

The equipment installed into a vehicle to lessen the likelihood and severity of traffic collisions is referred to as an automotive safety system. The vehicle safety system is a critical component in the automobile manufacturing industry. Safety systems are employed in the automotive industry to ensure the safeness and security of automobiles and passengers.

Automotive Safety System Market

Seatbelts, airbags, antilock braking systems, electronic traction, stability control systems, lane departure warning, blind-spot recognition, and driver monitoring are all utilized to ensure the safety of passengers. Vehicle demand is being driven by rising population, per capita income, and favorable foreign direct investment. With increased vehicle demand, demand for higher road safety regulations rises, boosting the automotive safety system market expansion soon.

However, the global market for car safety systems has been poorly disrupted by the COVID-19 pandemic. The COVID-19 pandemic slowed economic growth in nearly all major countries, altering consumer purchasing patterns.

National and international travel have been hampered due to the lockdown applied in many nations, which has dramatically disrupted the supply chain of numerous sectors worldwide, consequently increasing the supply-demand gap. As a result, a lack of raw material supply is likely to slow the manufacturing rate of automobile safety systems, severely impacting the automotive safety system market growth. 

Recent Developments:

  • In May 2022, GM announced a collaborative agreement with INRIX Inc. to supply safety solutions data directly to the US Department of Transportation via its analytics-assisted cloud-based application as part of its Safety View by GM Future Roads & Inrix project. 

Competitive Landscape:

Some of the automotive safety system market players are:

  • Autoliv AB
  • Continental AG
  • Delphi Automotive Plc
  • Denso Corporation
  • Hyundai Mobis
  • Infineon
  • Johnson Electric Holdings Limited (Hong Kong)
  • Knorr-Bremse
  • Magna International Inc.
  • Mobileye N.V. (Israel)
  • Robert Bosch GMBH
  • Takata Corporation
  • TRW Automotive (U.S.)
  • Valeo
  • ZF Friedrichshafen 

Market Segmentation:

The automotive safety system market is segmented on the basis of technology, on-highway vehicle, off-highway vehicle, electric vehicle, and offerings. The technology segment includes active safety systems (anti-lock braking systems, automatic emergency braking, blind spot detection, electronic brake force distribution, electronic stability control, forward-collision warning, lane departure warning systems, traction control system, and tire pressure monitoring systems), passive safety systems (occupant protection and pedestrian protection systems, whiplash protection systems).

The on-highway vehicle type include buses, light commercial vehicles, passenger cars, and trucks. For off-highway vehicles, the market is segmented into agriculture vehicles and construction vehicles. The electric vehicle segment includes battery electric vehicles, fuel cell electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles. By offering, the market has been segmented into hardware and software.

Based On On-Highway Vehicles, The Passenger Cars Segment Is Accounted As A Major Contributor To The Automotive Safety System Market

The passenger cars category is expected to hold a major share of the global automotive safety system market in 2022. Growing passenger car sales and production in developing nations are likely to boost segment expansion in this market. The increased use of safety features in passenger automobiles as a result of severe government safety rules is also expected to fuel market expansion in this sector.

The Hardware Segment Witnessed Growth At A Rapid Rate

The hardware segment is projected to grow at a rapid rate in the global automotive safety system market. The hardware safety system is adopted primarily due to its simple complexity and inexpensive installation cost. Despite being complicated, highly integrated, and expensive, the software system is significantly more precise and trustworthy in terms of safety features.

The North American Automotive Safety System Market Holds A Significant Revenue Share In The Region

The North American automotive safety system market is expected to register the highest market share in terms of revenue in the near future. The region's rising population, combined with one of the best road infrastructures in the world, encourages automakers to create high-powered automobiles, which will drive the expansion of the automotive safety system market throughout the projection period. Because of the increasing number of automobiles manufactured and sold in Asia Pacific, the automotive safety system market is expected to increase significantly. Furthermore, the increased disposable income in developing countries is expected to drive the expansion of the automobile safety system market in the area in the coming years. 

Automotive Safety System Market Report Scope:

Report Attribute

Specifications

Market size value in 2022

USD 132.16 Bn

Revenue forecast in 2031

USD 280.19 Bn

Growth rate CAGR

CAGR of 8.94 % from 2023 to 2031

Quantitative units

Representation of revenue in US$ Billion, and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report coverage

The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends

Segments covered

Technology, On-Highway Vehicle, Off-Highway Vehicle, Electric Vehicle, And Offerings

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia

Competitive Landscape

Robert Bosch, Denso, Delphi Automotive, Infineon, ZF Friedrichshafen, Continental, Valeo, Magna, Autoliv, Mobileye, Hyundai Mobis, Takata, Knorr-Bremse.

Customization scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and available payment methods

Explore pricing alternatives that are customized to your particular study requirements.

 

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Automotive Safety System Market Snapshot

Chapter 4. Global Automotive Safety System Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Technology Estimates & Trend Analysis
5.1. by Technology & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Technology:

5.2.1. Active Safety System

5.2.1.1. Anti-Lock Braking Systems (ABS)
5.2.1.2. Automatic Emergency Breaking (AEB)
5.2.1.3. Blind Spot Detection (BSD)
5.2.1.4. Electronic Brake Force Distribution (EBD)
5.2.1.5. Electronic Stability Control (ESC)
5.2.1.6. Lane Departure Warning Systems (LDW)
5.2.1.7. Tire Pressure monitoring system (TPMS)
5.2.1.8. Traction Control System (TCS)
5.2.1.9. Forward-Collision Warning (FCW)

5.2.2. Passive Safety System

5.2.2.1. Seatbelts
5.2.2.2. Airbags
5.2.2.3. Active Hood Lifters
5.2.2.4. Pedestrian Protection Airbag
5.2.2.5. Whiplash Protection System

Chapter 6. Market Segmentation 2: by On-Highway Vehicle Estimates & Trend Analysis
6.1. by On-Highway Vehicle & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by On-Highway Vehicle:

6.2.1. Passenger Cars (PC)
6.2.2. Light Commercial Vehicle (LCV)
6.2.3. Buses
6.2.4. Trucks

Chapter 7. Market Segmentation 3: by Off-Highway Vehicle Estimates & Trend Analysis
7.1. by Off-Highway Vehicle & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Off-Highway Vehicle:

7.2.1. Agriculture Vehicle
7.2.2. Construction Vehicle

Chapter 8. Market Segmentation 4: by Electric Vehicle Estimates & Trend Analysis
8.1. by Electric Vehicle & Market Share, 2019 & 2031
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Electric Vehicle:

8.2.1. Battery Electric Vehicle (BEV)
8.2.2. Hybrid Electric Vehicle (HEV)
8.2.3. Plug-In Hybrid Electric Vehicle (PHEV)
8.2.4. Fuel Cell Electric Vehicle (FCEV)

Chapter 9. Market Segmentation 5: by Offering Estimates & Trend Analysis
9.1. by Offering & Market Share, 2019 & 2031
9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Offering:

9.2.1. Hardware
9.2.2. Software

Chapter 10. Automotive Safety System Market Segmentation 6: Regional Estimates & Trend Analysis

10.1. North America

10.1.1. North America Automotive Safety System Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2023-2031
10.1.2. North America Automotive Safety System Market Revenue (US$ Million) Estimates and Forecasts by On-Highway Vehicle, 2023-2031
10.1.3. North America Automotive Safety System Market revenue (US$ Million) by Off-Highway Vehicle, 2023-2031
10.1.4. North America Automotive Safety System Market revenue (US$ Million) by Electric Vehicle, 2023-2031
10.1.5. North America Automotive Safety System Market revenue (US$ Million) by Offering, 2023-2031
10.1.6. North America Automotive Safety System Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

10.2. Europe

10.2.1. Europe Automotive Safety System Market revenue (US$ Million) by Technology, 2023-2031
10.2.2. Europe Automotive Safety System Market revenue (US$ Million) by On-Highway Vehicle, 2023-2031
10.2.3. Europe Automotive Safety System Market revenue (US$ Million) by Off-Highway Vehicle, 2023-2031
10.2.4. Europe Automotive Safety System Market revenue (US$ Million) by Electric Vehicle, 2023-2031
10.2.5. Europe Automotive Safety System Market revenue (US$ Million) by Offering, 2023-2031
10.2.6. Europe Automotive Safety System Market revenue (US$ Million) by country, 2023-2031

10.3. Asia Pacific

10.3.1. Asia Pacific Automotive Safety System Market revenue (US$ Million) by Technology, 2023-2031
10.3.2. Asia Pacific Automotive Safety System Market revenue (US$ Million) by On-Highway Vehicle, 2023-2031
10.3.3. Asia-Pacific Automotive Safety System Market revenue (US$ Million) by Off-Highway Vehicle, 2023-2031
10.3.4. Asia Pacific Automotive Safety System Market revenue (US$ Million) by Electric Vehicle, 2023-2031
10.3.5. Asia Pacific Automotive Safety System Market revenue (US$ Million) by Offering, 2023-2031
10.3.6. Asia Pacific Automotive Safety System Market revenue (US$ Million) by country, 2023-2031

10.4. Latin America

10.4.1. Latin America Automotive Safety System Market revenue (US$ Million) by Technology, 2023-2031
10.4.2. Latin America Automotive Safety System Market revenue (US$ Million) by On-Highway Vehicle, 2023-2031
10.4.3. Latin America Automotive Safety System Market revenue (US$ Million) by Off-Highway Vehicle, 2023-2031
10.4.4. Latin America Automotive Safety System Market revenue (US$ Million) by Electric Vehicle, 2023-2031
10.4.5. Latin America Automotive Safety System Market revenue (US$ Million) by Offering, 2023-2031
10.4.6. Latin America Automotive Safety System Market revenue (US$ Million) by country, 2023-2031

10.5. Middle East & Africa

10.5.1. Middle East & Africa Automotive Safety System Market revenue (US$ Million) by Technology, 2023-2031
10.5.2. Middle East & Africa Automotive Safety System Market revenue (US$ Million) by On-Highway Vehicle, 2023-2031
10.5.3. Middle East & Africa Automotive Safety System Market revenue (US$ Million) by Off-Highway Vehicle, 2023-2031
10.5.4. Middle East & Africa Automotive Safety System Market revenue (US$ Million) by Electric Vehicle, 2023-2031
10.5.5. Middle East & Africa Automotive Safety System Market revenue (US$ Million) by Offering, 2023-2031
10.5.6. Middle East & Africa Automotive Safety System Market revenue (US$ Million) by country, 2023-2031

Chapter 11. Competitive Landscape

11.1. Major Mergers and Acquisitions/Strategic Alliances

11.2. Company Profiles


11.2.1. Autoliv AB
11.2.2. Continental AG
11.2.3. Delphi Automotive Plc
11.2.4. Denso Corporation
11.2.5. Hyundai Mobis
11.2.6. Infineon
11.2.7. Johnson Electric Holdings Limited (Hong Kong)
11.2.8. Knorr-Bremse
11.2.9. Magna International Inc.
11.2.10. Mobileye N.V. (Israel)
11.2.11. Robert Bosch GMBH
11.2.12. Takata Corporation
11.2.13. TRW Automotive (U.S.)
11.2.14. Valeo
11.2.15. ZF Friedrichshafen
11.2.16. Other Prominent Players

Segmentation of Automotive Safety System Market:

Automotive Safety System Market By Technology-

  • Active Safety Systems
    • Anti-lock braking systems
    • Automatic emergency braking
    • Blind spot detection
    • Electronic brake force distribution
    • Electronic stability control
    • Forward-collision warning
    • Lane departure warning systems
    • Traction control system
    • Tire pressure monitoring systems
  • Passive Safety Systems
    • Occupant Protection
      • Seatbelts
      • Airbags
    • Pedestrian Protection Systems
      • Pedestrian Protection Airbag
      • Active Hood Lifters
    • Whiplash Protection Systems

Automotive Safety System Market

Automotive Safety System Market By On-Highway Vehicle-

  • Buses
  • Light Commercial Vehicles
  • Passenger Cars
  • Trucks

Automotive Safety System Market By Off-Highway Vehicle-

  • Agriculture Vehicle
  • Construction Vehicle

Automotive Safety System Market By Electric Vehicle System-

  • Battery Electric Vehicle
  • Fuel cell Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-in Hybrid Electric Vehicle

Automotive Safety System Market By Offering

  • Hardware
  • Software

Automotive Safety System Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

user icon
office icon
mail icon
call icon

This website is secure, and we do not share your personal information with any third party. Privacy Policy

Need Customization
Need specific information/chapter from the report of the custom data table, graph or complete report? Tell us more.

Frequently Asked Questions

How big is the Automotive Safety System Market?

Automotive Safety System Market expected to grow at an 8.94% CAGR during the forecast period for 2023-2031

Robert Bosch, Denso, Delphi Automotive, Infineon, ZF Friedrichshafen, Continental, Valeo, Magna, Autoliv, Mobileye, Hyundai Mobis, Takata, Knorr-Brems

Our Clients

  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo
  • client logo

Media Citations

  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo
  • media citation logo

Growth opportunities and latent adjacency in Automotive and Transportation

Select Licence Type
$4456
$7786
$10000
$1200
Get Your GTM Strategy

Navigate market entry with channel selection, launch strategy & timeline, and pricing model support.

Equip yourself with the insights needed to develop a winning go-to-market strategy

Get real-time updates and joint control over project direction with our collaborative approach