Site icon Wall Street Business News

Automotive Active Safety System Market Projected to Grow at 11.3% CAGR, Reaching USD 45.69 Billion by 2034 | Future Market Insights, Inc.

NEWARK, Del, Oct. 22, 2024 (GLOBE NEWSWIRE) — The global automotive active safety system market size is anticipated to reach USD 45.69 billion by 2034. The industry is projected to witness a CAGR of about 11.3% in the assessment period 2024 to 2034. Automotive active safety system sales are projected to attain a value of USD 15.8 billion in 2024.

The incorporation of augmented reality (AR) into vehicle displays to enhance driver awareness and safety is estimated to push demand in the market. AR technology superimposes critical information directly onto the vehicle’s windshield or head-up display, providing real-time data that assists the driver without causing distraction. For instance, AR can highlight potential hazards on the road, display navigation prompts, or indicate lane departure warnings by visually overlaying guidance on the actual driving environment.

Understanding the Automotive Active Safety System Market

The Automotive Active Safety System Market is driven by the increasing demand for advanced safety features in vehicles. Active safety systems are designed to prevent accidents by enhancing vehicle control and offering real-time alerts to drivers. These systems include technologies such as electronic stability control, adaptive cruise control, lane departure warning, and automatic emergency braking. With stricter government regulations on vehicle safety and a growing focus on reducing road accidents, automakers are increasingly integrating these systems into both high-end and mass-market vehicles. The rise of autonomous driving technologies and consumer awareness about safety also contribute to the expansion of this market. However, the high cost of integrating these technologies remains a challenge for some manufacturers. Despite this, advancements in sensor technology and AI are expected to lower costs and improve the adoption of active safety systems globally.

“The automotive active safety system market is poised for significant growth, driven by increasing consumer demand for enhanced vehicle safety features and stricter regulatory requirements. As technology advances, automakers are integrating more sophisticated safety systems, paving the way for safer roads and reduced accident rates.”- says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

Key Takeaways for the Automotive Active Safety System Market:

Prominent Drivers of the Automotive Active Safety System Market

Comprehensive Market Insights: Full Report Overview! https://www.futuremarketinsights.com/reports/automotive-active-safety-system-market

Challenges Faced by the Automotive Active Safety System Market

Leading Automotive Active Safety System Brands

Regional Analysis for the Automotive Active Safety System Market

Key Segments of Market Report

By Product Type:

By product type, the automotive active safety system market segmentation includes anti-lock braking system, driver monitoring, blind spot detection, night vision system, adaptive cruise control, tire-pressure monitoring system, and lane departure warning.

By Vehicle Type:

A few types of vehicles in the industry include passenger cars, light commercial vehicles, and heavy commercial vehicles.

By Offering:

Hardware and software are two key offerings available in the global market.

By Region:

Information of key countries across North America, Latin America, Europe, East Asia, South Asia and Pacific, and the Middle East and Africa is provided.

German Translation

Das weltweite Marktvolumen für aktive Sicherheitssysteme für Kraftfahrzeuge wird voraussichtlich bis 2034 45,69 Milliarden US-Dollar erreichen. Für die Branche wird für den Bewertungszeitraum 2024 bis 2034 eine durchschnittliche jährliche Wachstumsrate (CAGR) von etwa 11,3 % erwartet. Die Umsätze mit aktiven Sicherheitssystemen für Kraftfahrzeuge werden voraussichtlich im Jahr 2024 einen Wert von 15,8 Milliarden US-Dollar erreichen.

Die Integration von Augmented Reality (AR) in Fahrzeugdisplays zur Verbesserung der Fahreraufmerksamkeit und -sicherheit dürfte die Nachfrage auf dem Markt ankurbeln. AR-Technologie blendet wichtige Informationen direkt auf die Windschutzscheibe oder das Head-up-Display des Fahrzeugs ein und liefert Echtzeitdaten, die den Fahrer unterstützen, ohne ihn abzulenken. So kann AR beispielsweise potenzielle Gefahren auf der Straße hervorheben, Navigationshinweise anzeigen oder Warnungen vor dem Verlassen der Fahrspur anzeigen, indem die tatsächliche Fahrumgebung visuell mit Anweisungen überlagert wird.

Den Markt für aktive Sicherheitssysteme für Kraftfahrzeuge verstehen

Der Markt für aktive Sicherheitssysteme für Kraftfahrzeuge wird durch die steigende Nachfrage nach fortschrittlichen Sicherheitsfunktionen in Fahrzeugen angetrieben. Aktive Sicherheitssysteme sollen Unfälle verhindern, indem sie die Fahrzeugkontrolle verbessern und den Fahrern Echtzeitwarnungen geben. Diese Systeme umfassen Technologien wie elektronische Stabilitätskontrolle, adaptive Geschwindigkeitsregelung, Spurverlassenswarnung und automatische Notbremsung. Angesichts strengerer staatlicher Vorschriften zur Fahrzeugsicherheit und eines wachsenden Fokus auf die Reduzierung von Verkehrsunfällen integrieren Automobilhersteller diese Systeme zunehmend in High-End- und Massenmarktfahrzeuge. Der Aufstieg autonomer Fahrtechnologien und das Sicherheitsbewusstsein der Verbraucher tragen ebenfalls zur Expansion dieses Marktes bei. Die hohen Kosten für die Integration dieser Technologien bleiben jedoch für einige Hersteller eine Herausforderung. Trotzdem wird erwartet, dass Fortschritte in der Sensortechnologie und der KI die Kosten senken und die Einführung aktiver Sicherheitssysteme weltweit verbessern werden.

Wichtige Erkenntnisse zum Markt für aktive Sicherheitssysteme für Kraftfahrzeuge :

Wichtige Treiber des Marktes für aktive Sicherheitssysteme für Kraftfahrzeuge

Herausforderungen für den Markt für aktive Sicherheitssysteme in der Automobilindustrie

Führende Marken für aktive Sicherheitssysteme in der Automobilindustrie

Regionale Analyse für den Markt für aktive Sicherheitssysteme für Kraftfahrzeuge

Wichtige Segmente des Marktberichts

Nach Produkttyp:

Nach Produkttyp umfasst die Marktsegmentierung für aktive Sicherheitssysteme für Kraftfahrzeuge Antiblockiersystem, Fahrerüberwachung, Toter-Winkel-Erkennung, Nachtsichtsystem, adaptive Geschwindigkeitsregelung, Reifendrucküberwachungssystem und Spurverlassenswarnung.

Nach Fahrzeugtyp:

Zu den Fahrzeugtypen in der Branche zählen Personenkraftwagen, leichte Nutzfahrzeuge und schwere Nutzfahrzeuge.

Durch das Anbieten:

Hardware und Software sind zwei wichtige Angebote auf dem Weltmarkt.

Nach Region:

Es werden Informationen zu wichtigen Ländern in Nordamerika, Lateinamerika, Europa, Ostasien, Südasien und dem Pazifik sowie dem Nahen Osten und Afrika bereitgestellt.

Authored By:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Have a Look at Related Research Reports on Automotive

The APAC automotive telematics market size is anticipated to be valued at USD 93.9 billion in 2023 and is predicted to rise to USD 414.5 billion by 2033.

The sales of automotive active roll control system are expected to record a steady CAGR of 4%, reaching a valuation of USD 4.5 Billion during the forecast period of 2022-2032.

The Latin America Automotive HVAC market share is projected to reach USD 11,399.6 Million in 2032. 

The Global Automotive Door Guards Market is projected to reach USD 325.2 Million in 2032.

The global automotive turbocharger market size, as reported by Future Market Insights (FMI), reached USD 12.5 billion in 2018. 

The anticipated size of the bicycle components aftermarket in 2022 was USD 14 billion and is estimated to be USD 14.62 billion in 2023.

The global bicycle chain market size is projected to reach USD 7,610.2 million in 2024. It is estimated to surge at a CAGR of 4.6% during the forecast period.

The anticipated size of the automotive back-up camera market in 2022 was USD 292.7 million and is estimated to be USD 302.9 million in 2023.

The anticipated size of the global automotive wires market in 2022 was USD 4,823.2 million and is estimated to be USD 4,937 million in 2023.

The global locomotive doors market value is forecasted to grow from USD 334.5 million in 2024 to USD 545 million in 2034.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogsYouTube


Wall St Business News, Latest and Up-to-date Business Stories from Newsmakers of Tomorrow