This Automotive Safety Systems market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The automotive safety systems market size has grown strongly in recent years. It will grow from $124.7 billion in 2024 to $134.68 billion in 2025 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to crashworthiness standards, implementation of traffic laws and regulations, public awareness campaigns onThe importance of safety, growth in urbanization.
The automotive safety systems market size is expected to see strong growth in the next few years. It will grow to $193.73 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to surge in adoption of advanced driver assistance systems (ADAS), integration of vehicle-to-everything (v2x) communication for real-time safety alerts, growth in the development and adoption of autonomous vehicles, adoption of smart infrastructure and traffic management systems, increasing focus on sustainable and eco-friendly. Major trends in the forecast period include use of data analytics for predictive analysis of potential road safety issues, vision zero movement, collaboration between different stakeholders, development of connected and intelligent crosswalks for pedestrian safety, active transportation.
The surge in demand for electric vehicles is poised to exert significant pressure on automotive safety systems in the foreseeable period. Safety measures, including adaptive cruise control (ACC), blind spot warning, auto braking, lane assist, among others, are integral in electric vehicles, consequently fueling the market. As per the International Energy Agency's projections from July 2023, the sales of electric vehicles surged from 10 million in 2022 to an anticipated 14 million in 2023. This escalating demand for electric vehicles is anticipated to amplify the need for automotive safety systems, thereby steering the market's growth trajectory.
The escalating frequency of road accidents is anticipated to be a prime driver propelling the growth of the automotive safety systems market in the forthcoming years. Road accidents encompass collisions between various vehicles or accidents involving obstacles, resulting in vehicle damage and human injuries. To mitigate these incidents, automotive safety systems play a pivotal role by forewarning drivers about potential dangers and employing sensors to detect pedestrians and cyclists in close proximity to vehicles. According to the World Health Organization's records from June 2022, road traffic injuries accounted for nearly 1. 3 million annual fatalities, underscoring the imperative role of heightened safety measures in vehicles. Hence, the mounting instances of road accidents are fostering the expansion of the automotive safety systems market.
Innovative technological advancements stand as a prominent trend gaining traction within the automotive safety systems market. The automotive sector is increasingly concentrating on integrating sophisticated safety systems into vehicles to ensure enhanced safety across diverse terrains and conditions. For instance, Sweden-based truck manufacturer Volvo Vehicles introduced Active Grip Control, an innovative safety feature tailored for electric trucks in January 2022. This groundbreaking technology significantly enhances acceleration, stability, and braking capabilities in slippery conditions, diminishing risks like oversteering and jackknifing, particularly during unloaded driving scenarios.
Major players within the automotive safety systems market are committed to pioneering cutting-edge technologies to offer dependable services to their clientele. Among these advancements are Front Short Range Assist, Intelligent Speed Assist, and Tire Pressure Monitoring System, specifically designed for Volvo trucks to enhance safety measures for cyclists and pedestrians. Recently, in May 2023, AB Volvo, a prominent Sweden-based manufacturing corporation, unveiled these systems for their trucks. Front Short Range Assist incorporates front radar and cameras to detect potential obstructions in front of the truck, promptly warning the driver of an impending collision risk. Simultaneously, the Tire Pressure Monitoring System diligently tracks tire pressure on both the truck and trailer. Additionally, the Intelligent Speed Assist feature actively communicates speed limits by identifying road speed signs and displaying the appropriate limit on the vehicle's instrument panel.
In June 2023, Magna International, a Canadian automotive parts manufacturer, acquired the active safety business of Veoneer for an undisclosed amount. This acquisition positions Magna as one of the few suppliers equipped to tackle the increasing complexity stemming from advanced software, system, and integration challenges by offering a comprehensive range of solutions to its customers. Veoneer is a Sweden-based automotive technology company.
Major companies operating in the automotive safety systems market include Autoliv Inc., Continental AG, Nippon Denso Co. Ltd., ZF Friedrichshafen AG, Valeo SA, Mobileye Global Inc., Robert Bosch GmbH, Infineon Technologies AG, Knorr-Bremse AG, Nihon Plast Co. Ltd., Toyoda Gosei Co. Ltd., Delphi Automotive plc, Magna International Inc., Takata Corporation, Grammer AG, Lear Corporation, Johnson Controls International, Toyota Boshoku Corp, Hella KGaA Hueck & Co, Bendix Commercial Vehicle Systems LLC, WABCO Vehicle Control System, Ford Motor Company, Joyson Safety Systems, Aptiv plc, Hyundai Precision & Industries Corporation, Aisin Seiki Co. Ltd., Jinzhou Jinheng Automotive Safety System Co. Ltd., Ashimori Industry Co. Ltd., Mando Corporation, Adient plc.
Automotive safety systems are integral devices designed to minimize the risk of injuries, prevent accidents, and mitigate the impacts of collisions. These systems can operate automatically or require driver activation when needed. Commonly employed automotive safety systems include seatbelts, airbags, collapsible steering columns, occupant sensing systems, traction control, tire pressure monitors, anti-lock braking systems (ABS), lane departure warning systems (LDWS), and others.
Active safety systems are proactive measures focused on preventing car crashes, managing steering, braking, and propulsion to avoid accidents. On the other hand, passive safety systems are designed to assist in mitigating the impact of collisions. These safety systems are applicable to various vehicle types, including passenger cars and commercial vehicles, and are utilized by end-users such as original equipment manufacturers (OEMs) and aftermarket providers.
The automotive safety systems market research report is one of a series of new reports that provides automotive safety systems market statistics, including automotive safety systems industry global market size, regional shares, competitors with an automotive safety systems market share, detailed automotive safety systems market segments, market trends and opportunities, and any further data you may need to thrive in the automotive safety systems industry. This automotive safety systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
North America will be the largest region in the automotive safety systems market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive safety systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive safety systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The automotive safety systems market of sales of seatbelts, airbags, collapsible steering columns, occupant sensing systems, traction control, tire pressure monitors, anti-lock braking systems (ABS), and lane departure warning systems (LDWS). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automotive safety systems market size has grown strongly in recent years. It will grow from $124.7 billion in 2024 to $134.68 billion in 2025 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to crashworthiness standards, implementation of traffic laws and regulations, public awareness campaigns onThe importance of safety, growth in urbanization.
The automotive safety systems market size is expected to see strong growth in the next few years. It will grow to $193.73 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to surge in adoption of advanced driver assistance systems (ADAS), integration of vehicle-to-everything (v2x) communication for real-time safety alerts, growth in the development and adoption of autonomous vehicles, adoption of smart infrastructure and traffic management systems, increasing focus on sustainable and eco-friendly. Major trends in the forecast period include use of data analytics for predictive analysis of potential road safety issues, vision zero movement, collaboration between different stakeholders, development of connected and intelligent crosswalks for pedestrian safety, active transportation.
The surge in demand for electric vehicles is poised to exert significant pressure on automotive safety systems in the foreseeable period. Safety measures, including adaptive cruise control (ACC), blind spot warning, auto braking, lane assist, among others, are integral in electric vehicles, consequently fueling the market. As per the International Energy Agency's projections from July 2023, the sales of electric vehicles surged from 10 million in 2022 to an anticipated 14 million in 2023. This escalating demand for electric vehicles is anticipated to amplify the need for automotive safety systems, thereby steering the market's growth trajectory.
The escalating frequency of road accidents is anticipated to be a prime driver propelling the growth of the automotive safety systems market in the forthcoming years. Road accidents encompass collisions between various vehicles or accidents involving obstacles, resulting in vehicle damage and human injuries. To mitigate these incidents, automotive safety systems play a pivotal role by forewarning drivers about potential dangers and employing sensors to detect pedestrians and cyclists in close proximity to vehicles. According to the World Health Organization's records from June 2022, road traffic injuries accounted for nearly 1. 3 million annual fatalities, underscoring the imperative role of heightened safety measures in vehicles. Hence, the mounting instances of road accidents are fostering the expansion of the automotive safety systems market.
Innovative technological advancements stand as a prominent trend gaining traction within the automotive safety systems market. The automotive sector is increasingly concentrating on integrating sophisticated safety systems into vehicles to ensure enhanced safety across diverse terrains and conditions. For instance, Sweden-based truck manufacturer Volvo Vehicles introduced Active Grip Control, an innovative safety feature tailored for electric trucks in January 2022. This groundbreaking technology significantly enhances acceleration, stability, and braking capabilities in slippery conditions, diminishing risks like oversteering and jackknifing, particularly during unloaded driving scenarios.
Major players within the automotive safety systems market are committed to pioneering cutting-edge technologies to offer dependable services to their clientele. Among these advancements are Front Short Range Assist, Intelligent Speed Assist, and Tire Pressure Monitoring System, specifically designed for Volvo trucks to enhance safety measures for cyclists and pedestrians. Recently, in May 2023, AB Volvo, a prominent Sweden-based manufacturing corporation, unveiled these systems for their trucks. Front Short Range Assist incorporates front radar and cameras to detect potential obstructions in front of the truck, promptly warning the driver of an impending collision risk. Simultaneously, the Tire Pressure Monitoring System diligently tracks tire pressure on both the truck and trailer. Additionally, the Intelligent Speed Assist feature actively communicates speed limits by identifying road speed signs and displaying the appropriate limit on the vehicle's instrument panel.
In June 2023, Magna International, a Canadian automotive parts manufacturer, acquired the active safety business of Veoneer for an undisclosed amount. This acquisition positions Magna as one of the few suppliers equipped to tackle the increasing complexity stemming from advanced software, system, and integration challenges by offering a comprehensive range of solutions to its customers. Veoneer is a Sweden-based automotive technology company.
Major companies operating in the automotive safety systems market include Autoliv Inc., Continental AG, Nippon Denso Co. Ltd., ZF Friedrichshafen AG, Valeo SA, Mobileye Global Inc., Robert Bosch GmbH, Infineon Technologies AG, Knorr-Bremse AG, Nihon Plast Co. Ltd., Toyoda Gosei Co. Ltd., Delphi Automotive plc, Magna International Inc., Takata Corporation, Grammer AG, Lear Corporation, Johnson Controls International, Toyota Boshoku Corp, Hella KGaA Hueck & Co, Bendix Commercial Vehicle Systems LLC, WABCO Vehicle Control System, Ford Motor Company, Joyson Safety Systems, Aptiv plc, Hyundai Precision & Industries Corporation, Aisin Seiki Co. Ltd., Jinzhou Jinheng Automotive Safety System Co. Ltd., Ashimori Industry Co. Ltd., Mando Corporation, Adient plc.
Automotive safety systems are integral devices designed to minimize the risk of injuries, prevent accidents, and mitigate the impacts of collisions. These systems can operate automatically or require driver activation when needed. Commonly employed automotive safety systems include seatbelts, airbags, collapsible steering columns, occupant sensing systems, traction control, tire pressure monitors, anti-lock braking systems (ABS), lane departure warning systems (LDWS), and others.
Active safety systems are proactive measures focused on preventing car crashes, managing steering, braking, and propulsion to avoid accidents. On the other hand, passive safety systems are designed to assist in mitigating the impact of collisions. These safety systems are applicable to various vehicle types, including passenger cars and commercial vehicles, and are utilized by end-users such as original equipment manufacturers (OEMs) and aftermarket providers.
The automotive safety systems market research report is one of a series of new reports that provides automotive safety systems market statistics, including automotive safety systems industry global market size, regional shares, competitors with an automotive safety systems market share, detailed automotive safety systems market segments, market trends and opportunities, and any further data you may need to thrive in the automotive safety systems industry. This automotive safety systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
North America will be the largest region in the automotive safety systems market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive safety systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive safety systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The automotive safety systems market of sales of seatbelts, airbags, collapsible steering columns, occupant sensing systems, traction control, tire pressure monitors, anti-lock braking systems (ABS), and lane departure warning systems (LDWS). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Safety Systems Market Characteristics3. Automotive Safety Systems Market Trends and Strategies4. Automotive Safety Systems Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Automotive Safety Systems Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Automotive Safety Systems Market34. Recent Developments in the Automotive Safety Systems Market
5. Global Automotive Safety Systems Growth Analysis and Strategic Analysis Framework
6. Automotive Safety Systems Market Segmentation
7. Automotive Safety Systems Market Regional and Country Analysis
8. Asia-Pacific Automotive Safety Systems Market
9. China Automotive Safety Systems Market
10. India Automotive Safety Systems Market
11. Japan Automotive Safety Systems Market
12. Australia Automotive Safety Systems Market
13. Indonesia Automotive Safety Systems Market
14. South Korea Automotive Safety Systems Market
15. Western Europe Automotive Safety Systems Market
16. UK Automotive Safety Systems Market
17. Germany Automotive Safety Systems Market
18. France Automotive Safety Systems Market
19. Italy Automotive Safety Systems Market
20. Spain Automotive Safety Systems Market
21. Eastern Europe Automotive Safety Systems Market
22. Russia Automotive Safety Systems Market
23. North America Automotive Safety Systems Market
24. USA Automotive Safety Systems Market
25. Canada Automotive Safety Systems Market
26. South America Automotive Safety Systems Market
27. Brazil Automotive Safety Systems Market
28. Middle East Automotive Safety Systems Market
29. Africa Automotive Safety Systems Market
30. Automotive Safety Systems Market Competitive Landscape and Company Profiles
31. Automotive Safety Systems Market Other Major and Innovative Companies
35. Automotive Safety Systems Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Automotive Safety Systems Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive safety systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for automotive safety systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive safety systems market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Active Safety System; Passive Safety System2) By Vehicle Type: Passenger Cars; Commercial Vehicles
3) By End User: OEM; Aftermarket
Subsegments:
1) By Active Safety System: Advanced Driver Assistance Systems (ADAS); Automatic Emergency Braking (AEB); Electronic Stability Control (ESC); Lane Departure Warning (LDW); Adaptive Cruise Control (ACC); Collision Avoidance Systems; Blind Spot Detection (BSD); Parking Assistance Systems2) By Passive Safety System: Airbags; Seatbelts; Crash Sensors; Structural Reinforcements; Safety Cage Or Body Structure; Child Safety Seats; Whiplash Protection Systems
Key Companies Mentioned: Autoliv Inc.; Continental AG; Nippon Denso Co. Ltd.; ZF Friedrichshafen AG; Valeo SA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Automotive Safety Systems market report include:- Autoliv Inc.
- Continental AG
- Nippon Denso Co. Ltd.
- ZF Friedrichshafen AG
- Valeo SA
- Mobileye Global Inc.
- Robert Bosch GmbH
- Infineon Technologies AG
- Knorr-Bremse AG
- Nihon Plast Co. Ltd.
- Toyoda Gosei Co. Ltd.
- Delphi Automotive plc
- Magna International Inc.
- Takata Corporation
- Grammer AG
- Lear Corporation
- Johnson Controls International
- Toyota Boshoku Corp
- Hella KGaA Hueck & Co
- Bendix Commercial Vehicle Systems LLC
- WABCO Vehicle Control System
- Ford Motor Company
- Joyson Safety Systems
- Aptiv plc
- Hyundai Precision & Industries Corporation
- Aisin Seiki Co. Ltd.
- Jinzhou Jinheng Automotive Safety System Co. Ltd.
- Ashimori Industry Co. Ltd.
- Mando Corporation
- Adient plc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | January 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 134.68 Billion |
Forecasted Market Value ( USD | $ 193.73 Billion |
Compound Annual Growth Rate | 9.5% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |