Automotive Active and Passive Safety Systems Market Trends and Analysis by Technology, Companies and Forecast to 2028
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Automotive Active and Passive Safety Systems Market Report Overview
The automotive active and passive safety systems market size is estimated at 548.0 million units in 2023. However, the market is expected to register a CAGR of more than 2% during 2023-2028. Active safety systems generally consist of driver assistance systems to protect the passengers inside the vehicle from collision. Suppliers are partnering with software technology companies to provide the best driver assistance systems. With the increase in the production of EVs and autonomous vehicles, the sector is forecast to see growth.
Automotive Active and Passive Safety Systems Market Outlook 2023-2028 (Million Units)
Buy The Full Report for Additional Automotive Active and Passive Safety Systems market Forecast Insights or Download a Free Sample Report
The automotive active and passive safety systems market research report offers a comprehensive analysis of the trends & drivers, technological developments, PESTER outlook, sector forecast, and competitive landscape. The report brings together multiple data sources to provide a detailed overview of the global active and passive safety sector during the projected period.
Market Size (2023) | 548.0 Million Units |
CAGR (2023-2028) | >2% |
Key Segments | · OE Front Airbags
· OE Side Airbags · OE Curtain Airbags · DAS Rearview Cameras · Others |
Key Regions | · Asia-Pacific
· Europe · North America · South America · The MEA |
Key Companies | · Autoliv
· Takata · Toyoda Gosei Co., Ltd. · Jinzhou Jinheng Automotive Safety System · ZF TRW |
Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Automotive Active and Passive Safety Systems Market – Technologies and Innovations
Key developments have been observed in driver assistance systems where major suppliers are partnering with software technology companies to bring forward a better driver assistance system that can reduce road accidents and protect the passengers inside the vehicle. Safety is one of the key concerns buyers are looking for as more vehicles are equipped with autonomous components such as sensors, cameras, and ECUs.
Some of the innovations garnering attention in active and passive safety technology are Bosch’s parking solutions, the sensor for EVs that shuts off the battery in the event of a collision by Continental, and Renesas Electronics’ solutions among others.
Renesas Electronics’ solutions: Renesas Electronics acquired Reality AI to improve Renesas’ endpoint AI capacity. This gave system developers greater freedom to prepare their products for the AIoT (Artificial Intelligence of Things) and accelerate time to market. Innoviz introduced a framework for automotive perception to advance the development of autonomous vehicles. For AVs to recognize and categorize objects, InnovizAPP offers hardware and software of the highest caliber.
Buy The Full Report for More Information on Technologies and Innovations in the Automotive Active and Passive Safety Systems Market Outlook Or Download a Free Sample Report
Automotive Active and Passive Safety Systems Market Segmentation by Sectors
The key sectors in the automotive active and passive safety systems market are OE front airbags, OE side airbags, OE curtain airbags, DAS rearview cameras, and others. In 2023, OE front airbags segment holds the largest share of the automotive active and passive safety systems market.
Automotive Active and Passive Safety Systems Market Analysis by Sectors, 2022 (%)
Buy The Full Report For insights on the Sectors in the Automotive Active and Passive Safety Systems Market Or Download a Free Sample Report
Automotive Active and Passive Safety Systems Market Segmentation by Region
Asia-Pacific leads the global active and passive safety systems market in 2023.
The key regions in the automotive active and passive safety systems market are Asia-Pacific, Europe, North America, South America, and MEA. Asia-Pacific is followed by Europe and North America. However, South America is forecast to be the fastest-growing region for the sector by 2028.
Automotive Active and Passive Safety Systems Market Analysis by Region, 2023 (%)
Buy The Full Report for The Regional Automotive Active and Passive Safety Systems Market Outlook Or Download a Free Sample Report
Automotive Active and Passive Safety Systems Market – Competitive Landscape
Autoliv led the global occupant restraint systems market in 2021.
The top companies operating in the global occupant restraint systems are:
- Autoliv
- Takata
- Toyoda Gosei Co., Ltd.
- Jinzhou Jinheng Automotive Safety System
- ZF TRW
Autoliv was followed by Takata and ZF TRW. In July 2023, Autoliv, the market pioneer in automobile safety systems, announced its intention to reduce its geographic presence by closing its facilities in Congleton, United Kingdom, and Elmshorn, Germany. Autoliv is speeding up structural cost reductions across the board, especially in its European businesses. These approaches will reduce its cost structure dramatically while also streamlining its logistics and geographic reach.
Occupant Restraint System Analysis by Companies, 2021 (%)
Buy The Full Report for More Information On The Automotive Active and Passive Safety Systems Market Companies Or Download a Free Sample Report
Automotive Active and Passive Safety Systems Market – Latest Developments
- ZF proposes to sell its passive safety systems business which is worth more than three billion euros, for which it has selected Citi Group.
- With 5-star safety ratings, reduced prices, and high-tech features, Chinese automakers are aiming their EVs at the European market. Several Chinese EVs have recently obtained five-star European New Car Assessment Programme (NCAP) ratings, which calls for equipping vehicles with active and passive safety systems that go above and beyond the minimum requirements set by law.
Key Segments Covered in this Report.
Automotive Active and Passive Safety Sector Outlook (Volume, Million Units, 2018-2028)
- OE Front Airbags
- OE Side Airbags
- OE Curtain Airbags
- DAS Rearview Cameras
- Others
Automotive Active and Passive Safety Regional Outlook (Volume, Million Units, 2018-2028)
- Asia-Pacific
- Europe
- North America
- South America
- MEA
Scope
This report brings together multiple data sources to provide a comprehensive overview of the global Active and passive safety sector. It includes an analysis of the following –
- Trends & Drivers: Provides an overview of the current sector scenario regarding the future outlook in terms of key trends and drivers of the sector.
- Technological Developments: Provides a detailed overview of technological developments and innovations in the sector.
- PESTER Analysis: Provides a detailed understanding of various factors such as political, economic, social, technological, environmental, and regulatory impacting the sector.
- Sector Forecast: Provides deep-dive analysis of the global market covering volume growth during 2018-2028, and spot estimates for 2023 and 2028. The analysis also covers a regional overview across four regions-Asia-Pacific, Europe, North America, and South America, and MEA-highlighting sector size, and growth drivers for the region.
- Competitive Landscape: Provides an overview of leading component suppliers at a global and regional level, besides analyzing the recent product innovations and key strategic initiatives taken by the companies.
- Patent Analysis: Provides an overview of patent filings in the sector across regions, countries, and top applicants.
Reasons to Buy
- Auto OEMs and component suppliers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a demand for authentic market data with a high level of detail.
- This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region. The report provides a detailed analysis of the regions and competitive landscape that can help companies gain insight into the region-specific nuances. The analysts have also placed a significant emphasis on the key trends that drive customer choice and the future opportunities that can be explored in the region, which can help companies in revenue expansion. To gain competitive intelligence about leading component suppliers in the sector in the region with information about their market share and growth rates.
Takata
ZF TRW
Table of Contents
Frequently asked questions
-
What is the automotive active and passive safety systems market size in 2023?
The automotive active and passive safety systems market size is estimated at 548.0 million units in 2023.
-
What will be the CAGR in the automotive active and passive safety systems market during 2023-2028?
The automotive active and passive safety systems market is expected to register a CAGR of more than 2% during 2023-2028.
-
Which is the leading sector of the automotive active and passive safety systems market in 2023?
In 2023, OE front airbags is leading the automotive active and passive safety systems market.
-
Which is the region garnering the highest automotive active and passive safety systems market share?
Asia-Pacific is the region garnering the highest automotive active and passive safety systems market share in 2023.
-
Who are the leading automotive active and passive safety systems market players?
The leading companies operating in the global occupant restraint systems are Autoliv, Takata, Toyoda Gosei Co., Ltd., Jinzhou Jinheng Automotive Safety System, and ZF TRW.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.