The market report “Automotive Safety System Market by Offering (Hardware and Software), On-Highway Vehicles (Passenger Cars (PC), Commercial Vehicle, Buses and Trucks), Off-Highway Vehicles (Agriculture Vehicle and Construction Vehicle), Engine Types (Internal Combustion Engine (ICE) and Electric Vehicles (EVs)), Vehicle Autonomies (Non-Autonomous, Semi-Autonomous and Fully Autonomous), Fuels Used (Petrol and Diesel), Processes (Mechanical Process, Hydraulic Process and Pneumatic Process), Stampings (Hot Stamping and Cold Stamping), Vehicle Types (Mid-Priced Cars, Luxury Cars and Economy Cars), Products (Active Safety and Passive Safety), Technologies (Active Safety System and Passive Safety System), End Users (Original Equipment Manufacturer (OEM) and Aftermarket) and Region – Forecast to 2028”. The automotive safety system market is growing at a CAGR of 11.4% by 2028, owing to the demand for a safe, efficient, and convenient driving experience.
Browse the complete report with 462 data tables and 77+ figures here: https://www.strategymrc.com/report/automotive-safety-system-market/toc
We offer a 15% customization to be added within the report at no extra cost. To know more post your query here:https://www.strategymrc.com/report/automotive-safety-system-market/request-sample
Based on product, the active safety segment is estimated to grow at highest CAGR segment during the study period.On the basis of product, the market is categorised into active safety and passive safety. Active safety segment is estimated to be the have the highest growth during the study period due to the constant demand for premium vehicles along with the rising trend for autonomous vehicles.
Based on on-highway vehicle, the passenger car (PC) segment is anticipated to grow faster during the forecast period.On the basis of on-highway vehicle, the market is segmented into passenger cars (PC), commercial vehicle, buses and trucks. Passenger cars (PC) segment is projected to grow faster during the forecast period which can be attributed to the improved lifestyle and purchasing power of people in emerging countries and the development of infrastructure in these countries.
By geography, North America is expected to dominate the marketOn the basis of geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America region is experiencing a dominant position in the automotive safety system market. This could primarily be attributed to the robust infrastructure facilities prevailing in the region. Increasing population is also one of the factors contributing to the growth of the market in this region.
The key players in this market are 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.
View other reports from Automotives Category @ https://www.strategymrc.com/report-store/automotive-industry-market-research
About Stratistics Market Research Consulting
Stratistics Market Research Pvt Ltd is a business research firm offering market reports across the industries. Our advanced techniques and tools in identifying the market trends helps in shaping today’s business landscape. Our syndicate and custom reports specialize in identifying new market opportunities. Our team of consultants help you to formulate a confident business strategy by providing competitive advantage. Our research services cover Market Entry Strategy, Strategic Benchmarking and Competitive Landscaping.
We have a core research team with analysts across the industry verticals to serve our varied customers such as technology suppliers, manufacturers, distributors, end-users, consulting companies, investment firms and research institutes.
Media ContactCompany Name: Stratistics Market Research ConsultingContact Person: KumarEmail: Send EmailPhone: +1-301-202-5929Country: IndiaWebsite: https://www.strategymrc.com/report/automotive-safety-system-market
