DUBLIN--(BUSINESS WIRE)-- The "Automotive Safety System Market by Technology (Active and Passive), On-highway (PC, LCV, Buses, Trucks), Off-highway, EV, Offering (Hardware, Software) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The automotive safety system market is estimated to be USD 82.80 Billion in 2017 and is projected to grow to 169.46 Billion by 2025, at a CAGR of 9.36% during the forecast period.

By technology, active safety systems are projected to be the fastest growing segment of the automotive safety system market. Continuously increasing demand for luxury vehicles will drive the growth of this segment. Also, the growing trend toward autonomous vehicles is expected to contribute to the growth of the active safety systems.

By on-highway vehicle, passenger car segment is estimated to be the fastest growing segment of the automotive safety system market. The number of passenger cars is growing at a significant rate in the emerging economies of the Asia Pacific region. This can be attributed to the rise in GDP and the population of these countries, resulting in improved lifestyle, increased purchasing power of consumers, and development of infrastructure. Various active and passive safety systems such as airbags, seatbelts, tire pressure monitor (TPM), and electronic stability control (ESC) are provided in passenger cars for preventing accidents.

Market Dynamics

Drivers

  • Government Regulations Pertaining to Vehicle Safety
  • Rise in the Demand for a Safe, Efficient, and Convenient Driving Experience
  • Increasing Demand for Luxury Cars

Restraints

  • Complex & Expensive Features
  • Software Failures in Applications

Opportunities

  • Advent of Autonomous Vehicles
  • Rising Demand for Electric Vehicles

Challenges

  • Security Threats
  • Maintaining a Balance Between Cost & Quality

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Automotive Safety System Market, By Technology

7 Automotive Safety System Market, By On-Highway Vehicle Type

8 Automotive Safety System Market, By Off-Highway Vehicle

9 Automotive Safety System Market, By Electric Vehicle

10 Automotive Safety System Market, By Offering

11 Automotive Safety System Market, By Region

12 Competitive Landscape

13 Company Profiles

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

For more information about this report visit https://www.researchandmarkets.com/research/9p4m8g/automotive_safety?w=4

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Related Topics: Telematics and Vehicle Electronics, Electric and Hybrid Vehicles, Automotive Safety