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This report, from Stratview Research, studies the safety systems market in the global automotive industry over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities in the market.
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Presents a Research Report on Automotive Safety Systems Market Automotive Safety Systems Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Duty Commercial vehicle), by Product Type (Active System [ACC, BSD, DMS, LDWS, HUD, NVS, Park Assist, E-Call Telematics, TPMS, and Others] and Passive System [Airbag, Seatbelt, Steering Wheel, Electronic Control Unit, and Others]), by End-User Type (OEM and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence
Automotive Safety Systems Market Growth and Forecast Highlights & Drivers The global automotive safety system market is projected to grow at a healthy CAGR of 6.7% over the next five years to reach US$ 56.1 billion in 2022, driven by increasing safety system contents per vehicle, the introduction of more stringent safety regulations, high demand for safety solutions, and an organic growth in the automobile production. • North America is projected to remain the largest active safety systems market during the forecast period whereas Asia- Pacific the largest passive safety systems market in the same period. • The US remains to act as the growth engine of the North American active safety systems market whereas China and India the Asia-Pacific’s passive safety systems market. • Increasing production of automobiles, increasing passive safety system contents per vehicle, mainly in China and India, and the introduction of more stringent regulations are driving the demand for passive safety systems in the Asia-Pacific region. • Increasing penetration of active safety systems in the North America and Europe to address stringent government regulations regarding passenger safety is likely to drive the active safety systems market in the same period. • www.stratviewresearch.com 2
Market Insights By Vehicle Type • The passenger car is expected to remain the largest segment of safety systems in the global automotive industry during the forecast period of 2017 to 2022. • This vehicle type is also projected to witness the fastest growth in the same period, owing to increasing penetration of safety systems, high demand for active safety systems, and an organic growth in the production of luxury cars and SUVs. By Product Type • An excellent growth in active safety systems market is primarily driven by increasing demand for advanced safety systems, such as tire-pressure-monitoring system and adaptive cruise control system in both developed and developing countries because of mandated government regulation and high focus on safety solutions. By End User Type • OEM’s market is likely to remain the largest end-user type during the forecast period and is expected to witness a higher growth rate in the same period, driven by increasing penetration in the newly-build vehicles across regions. www.stratviewresearch.com 3
Market Insights By Region • North America is projected to remain the largest active safety systems market during the forecast period whereas Asia-Pacific the largest passive safety systems market in the same period. • The US remains to act as the growth engine of the North American active safety systems market whereas China and India the Asia-Pacific’s passive safety systems market. • Increasing production of automobiles, increasing passive safety system contents per vehicle, mainly in China and India, and the introduction of more stringent regulations are driving the demand for passive safety systems in the Asia- Pacific region. • Increasing penetration of active safety systems in the North America and Europe to address stringent government regulations regarding passenger safety is likely to drive the active safety systems market in the same period. www.stratviewresearch.com 4
Competitive Insights Long-term contracts and advancement in technologies are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe. Key Companies Analysed • Autoliv AB • Audi AG • BMW AG • Continental AG • Delphi Automotive • Denso Corporation • Ford Motors • Key Safety Systems • Hyundai Mobis Co. Ltd • Magna International • Robert Bosch Limited • Takata Corporation • Tokai Rika Co. Ltd. www.stratviewresearch.com 5
Research Methodology Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. Stratview Research Internal Knowledgebase Secondary Research Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others Data Analysis (Top Down and Bottom Up Approach) Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) www.stratviewresearch.com 6
Report Features This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: Market structure: Overview, industry life cycle analysis, supply chain analysis. • • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors. • www.stratviewresearch.com 7
Market Segmentation By Vehicle Type • Passenger Car • Light-Duty Commercial Vehicle • Medium- & Heavy-Duty Commercial Vehicle By Product Type • Active Safety System • Passive Safety System By End-User Type • OEM • Aftermarket By Region • North America (Country Analysis: The USA, Canada, and Mexico) • Europe (Country Analysis: Germany, France, UK, Russia, and Rest of the Europe) • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific) • Rest of the World (Country Analysis: Brazil, Argentina, and Others) www.stratviewresearch.com 8
About Stratview Research Stratview Research is a global market intelligence firm providing high quality syndicated reports, custom research and consulting services. Our Services Why Us? High Customer Delight Market Reports Rich Industry Experience Advisory & Consulting Robust Methodology Custom Research Effective Business Decisions www.stratviewresearch.com 9
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