Automotive Safety Systems Market worth US$ 56.1 billion in 2022
Automotive Safety Systems Market research report is a global study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
(EMAILWIRE.COM, December 20, 2018 )
Stratview Research announces the launch of a new research report on Automotive Safety Systems Market. This extensive report from Stratview Research, studies Automotive Safety Systems Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Safety Systems Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)- The passenger car is expected to remain the largest segment of safety systems.
• By Product Type (Active Safety System, Passive Safety System)- Passive Safety System will be the most dominant product type in the market.
• By End Use Type (OEM, Aftermarket)- OEM’s market is likely to remain the largest end-user type during the forecast period.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- North America is projected to remain the largest active safety systems market.
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Automotive Safety Systems Market Insights
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.
The global automotive safety systems market is segmented based on vehicle type as passenger car, light commercial vehicle, and medium & heavy-duty commercial vehicle. 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.
Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are some of the major players for the global automotive active safety system market whereas Autoliv AB, Delphi Automotive, ZF TRW Automotive Holdings Corp., and Takata Corporation are in passive safety systems market. 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.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Automotive Safety Systems Market. This extensive report from Stratview Research, studies Automotive Safety Systems Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Safety Systems Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)- The passenger car is expected to remain the largest segment of safety systems.
• By Product Type (Active Safety System, Passive Safety System)- Passive Safety System will be the most dominant product type in the market.
• By End Use Type (OEM, Aftermarket)- OEM’s market is likely to remain the largest end-user type during the forecast period.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- North America is projected to remain the largest active safety systems market.
Go through the detailed TOC:https://www.stratviewresearch.com/toc/121/automotive-safety-system-market.html
Or
Get a free sample: https://www.stratviewresearch.com/Request-Sample/121/automotive-safety-system-market.html
Automotive Safety Systems Market Insights
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.
The global automotive safety systems market is segmented based on vehicle type as passenger car, light commercial vehicle, and medium & heavy-duty commercial vehicle. 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.
Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are some of the major players for the global automotive active safety system market whereas Autoliv AB, Delphi Automotive, ZF TRW Automotive Holdings Corp., and Takata Corporation are in passive safety systems market. 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.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results