For business leaders, corporate strategists, and growth-focused teams – this report delivers deep market intelligence, forecasts, segmentation, and competitor insights to guide your decisions through 2034.
How does the forecasted CAGR of the automotive safety systems industry compare to other sectors?
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 8.0%. 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.
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What market trends are acting as primary growth drivers for the automotive safety systems sector?
The increasing demand for electric vehicles is expected to put pressure on automotive safety systems during the forecast period. Electric vehicles require safety features such as adaptive cruise control (ACC), blind spot warning, auto braking, lane assist, and others, which drive the market. For instance, in July 2023, according to the International Energy Agency, a France-based intergovernmental organization, sales of electric vehicles were 10 million in 2022, and there will be an increase to 14 million sales of electric vehicles in 2023.Hence, the growing demand for electric vehicles is expected to generate more demand for automotive safety systems, thus driving the market during the period.
What are the fastest-growing segments in the automotive safety systems market forecast period?
The automotive safety systems market covered in this report is segmented –
1) By Type: Active Safety System, Passive Safety System
2) By Vehicle Type: Passenger Cars, Commercial Vehicles
3) By End User: OEM, After market
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 Systems
2) By Passive Safety System: Airbags, Seatbelts, Crash Sensors, Structural Reinforcements, Safety Cage Or Body Structure, Child Safety Seats, Whiplash Protection Systems
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Which sustainability trends are emerging in the automotive safety systems market?
New technological developments are a key trend gaining popularity in the automotive safety systems market. The automotive industry is increasingly focusing on integrating smarter and safer safety systems into vehicles for better safety in different terrains and conditions. For instance, in January 2022, Sweden-based truck manufacturer Volvo Vehicles introduced Active Grip Control, a unique safety feature for electric trucks. The new technology significantly improves acceleration, stability, and braking in slippery conditions. The new safety feature also decreases the risk of oversteering and jackknifing when driving unloaded.
Which major players hold significant market share in the automotive safety systems sector?
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
Which regional segments are forecasted to witness the fastest growth in the automotive safety systems market?
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
How Can Companies Use The Automotive Safety Systems Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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