Automotive Active Safety System Market Overview
During the forecast period, the increase in demand for active safety systems can enhance the global market growth by increasing the Automotive Active Safety System Market Size. Nowadays, the government is focusing more on the safety of the driver, and the increasing concern for the safety of the driver involves various latest safety technologies. Here, adopting such advanced safety technologies is driving the global market growth with enhancing the Automotive Active Safety System Market Size for the forecast period.
The advanced active safety features are helpful for the growth of the Automotive Active Safety System Market Size. The increase in stringent government regulations for safety and increasing production of vehicles are the major growth driving factors for the Automotive Active Safety System Industry. The global market is increasing its demand across the regions due to the increasing commercial vehicles and increasing production of a passenger.
Automotive active safety systems are a combination of certain systems that are gaining more popularity due to enhancing the driving experience and increasing vehicle safety. This system is more helpful as it provides an alert to the driver for potential problems in the vehicle.
This system provides various active safety features, including adaptive cruise control, automated lighting, automated braking, connecting to smartphones, incorporating traffic warnings, alerting the driver to other cars or dangers, showing what is in blind spots, and keeping the driver in the correct lane.
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Automotive Active Safety System Industry News
The Automotive Active Safety System Industry’s productivity has got affected because of the pandemic lockdown in the first half of the year 2020. However, the key player’s collective efforts have increased the Automotive Active Safety System Market Share for the forecast period.
Automotive Active Safety System Market Key Players
· 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)
Automotive Active Safety System Market Segmental Overview
The Automotive Active Safety System Market is classified based on the product, vehicle type, and occupant type. Based on the product segment, the global market is classified into various products such as adaptive cruise control, blind-spot detection, night vision system, driver monitoring, tyre-pressure monitoring system, lane departure warning, and anti-lock braking system. Among these entire product segments, the adaptive cruise control segment is predicted to dominate the global market by enhancing the Automotive Active Safety System Market Growth for the forecast period.
The increasing awareness about the features of the system and its application is increasing the demand for the adaptive cruise control segment. The adaptive cruise control segment is higher in demand as it is the future trending technology for intelligent cars. Moreover, the adaptive cruise control segment is helpful to keep a safe gap between the two vehicles by increasing the road capacity. The adaptive cruise control segment is mostly preferred because it ensures driver safety and convenience through the use of sensors that detect the distance between two cars.
According to the occupant type segment, the global Automotive Active Safety System Market Trends is classified into the child, pedestrian, driver, and passenger. The increasing requirement to assist the drive about the direction and lane and increasing need for safety of the drive are increasing the demand for the driver segment, which is further predicted to dominate the global market in the forecast period.
Automotive Active Safety System Market Regional Overview
According to the regional classification of the Automotive Active Safety System Market Trends, the global market has its connections in various regions such as the Middle East & Africa, North America, Europe, Asia-Pacific, and South America. Compared to all the regions, Asia Pacific is dominating the global market in the forecast period because of the increasing commercial vehicle in emerging nations such as Japan, India, and China and increasing the production of a passenger.
The growing safety technology in these regions is predicted to drive the Automotive Active Safety System Market Growth. Along with that, the increasing demand for the new vehicles in the North American region is driving the market growth, and it is the second dominating region for generating more Automotive Active Safety System Market Share in the forecast period.
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