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Car Safety Market by System Type, Safety Regulations by Region, Impact Analysis - Trends & Forecast to 2020

Car Safety Market: Forecast until 2020

  • January 2016
  • 132 pages
  • ID: 3572446
In this report:
Strong financial position as the automobile production in 2014 increased by ##.##% year on year while the sales increased by ##.##% surpassing the increase in production
With a total of around ##.## million kilometers of road span in India and about ##% of the passenger traffic and ##% of freight traffic of the country, the value of the total roads and bridges infrastructure is expected to touch USD ##.## billion by 2017.

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"Progressively stringent safety norms and growing vehicle electrification are driving the automotive safety systems market"

The automotive safety systems market is forecasted to be ~$93.7B in 2015, and is projected to extend 152.59 billion by 2020, increasing at a compound annual growth rate (CAGR) of ~10.2 percent. The automotive safety systems market has witnessed considerable increase in countries including the U.S., China (CN), India (IN), and Mexico (MX), owing to rising vehicle electrification, growing vehicle production, and increasingly stringent safety norms.

"Active safety: Largest application market for automotive safety systems"

Active safety systems play a main role in preventing incidents and accidents, because passive safety systems help to mitigate negative consequences in the event of a crash. Active safety systems consist of several subsystems, including anti-lock braking, electronic stability control, and tire pressure-monitoring systems. All these systems are triggered at distinct times, established on circumstances, to prevent accidents.

"Strong demand for vehicles in APAC to drive the sector for automotive safety systems"

Asia-Pac is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period, as a result of the high demand for vehicles, especially from countries including China and India (IN). Different OEMs are investing in the area, prompted by Elements such as the expanding middle class and the young demographic. Passenger car production is anticipated to grow in countries including China (CN) and India (IN), owing to availability of cheap labor and favorable government policies (for example, the Government of India has allowed 100.0 percent foreign direct investment with no minimum investment criteria for the automotive market). The territory also houses OEMs including Toyota, Hyundai Motor Company, and Honda Motor Company. On top of, certain countries in Asia Pacific (APAC), including South Korea and Japan (JP), have strong technological capabilities.

The market research also contains industry insights specified by different market experts, ranging from component suppliers to Tier-I firms and Original equipment manufacturers. The break-up of the primaries is like:

- By Company category - Tier 1 - 55 %, Regulatory bodies - 30.0 percent and Others - 15.0 percent

- By Description - C-suite - 35.0 percent, D-level - 30.0 percent, Others - 35.0 percent

- By area - North america (NA) - 11.0 percent, Europe - 25.0 percent, Asia-Oceania - 60.0 percent, RoW - 4.0 percent

The passenger safety systems market is leaded by, is monopolized by a few globally established companies including Continental (CON), Denso Corp (TYO:6902), Delphi Automotive PLC, Robert Bosch (RBOS), and Toyoda Gosei Co. Ltd.. These firms have consistently adopted increase strategies including new product improvement, business developments, mergers, and joint ventures (JV) to benefit traction in the passenger safety market.

Why acquiring this study can help you:

This industry report offers an detailed industry study, including industry trends, and company descriptions, which together comprise and detail the basic views on the emerging and high-growth segments of the automotive safety systems market, opposing landscape, drivers, market restraints, opportunities, high-growth areas and territories, and government actions.

The industry report will allow new sector entrants/smaller companies, as well as established companies, to comprehend the industry, which in turn, will facilitate the organizations to acquire a larger market share. Companies obtaining the study could use any one or an aggregation of the below-mentioned four strategies (sector development, product improvement/innovative projects, business diversification, and opposing assessment) to enhance their rank in the sector.

The analysis offers business insights with reference to the following points:

- Industry development: Highlighted information about profitable emerging sectors. The market research examines the industries for automotive safety systems across localities

- Safety Regulations: Region-wise review of automotive safety regulations

- Impact Study: Review of the impact of regulations on automotive safety systems and partners

- Product improvement/Innovative products: Detailed insights regarding R&D activities, up-on-coming technologies, and recent product launches in the overall safety systems market

- Industry diversification: Exhaustive information about untapped sectors, market investments, recent products, and recent evolutions in the overall automotive safety systems market

- Opposing assessment: Detailed assessment of strategies, products, and manufacturing competences of key players in the overall automotive safety systems market

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