Regulatory and high consumer interest in support and safety applications is driving the market for innovative and high-tech solutions for both driving support and safety systems. The ADAS market is primarily fueled by the regula ....see more
The Automotive Airbags & Seatbelts Market is expected to grow from USD 28.2 billion in 2020 to USD 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. The report analyzes all major tier I suppliers in the automotive airbags & seatbelts market. Autoliv (Sweden), ZF Friedrichshafen (Germany), and Joyson Safety Systems (US) are some of the leading suppliers in the market.
The commercial vehicle & off-highway radar market is expected to grow from USD 153 million in 2020 to USD 831 million by 2027 at a compound annual growth rate (CAGR) of 27.4% during the forecast period.The major players in the commercial vehicle & off-highway radar market include Robert Bosch GmBH (Germany), Continental AG (Germany), Aptiv (Ireland), Denso Corporation (Japan), and Infineon Technologies AG (Germany).
The garage equipment market is expected to grow from USD 6.1 billion in 2019 to USD 10.7 billion by 2027, at a compound annual growth rate (CAGR) of 7.4%. during the forecast period.The global garage equipment market is dominated by major players such as Arex Test Systems B.V. (Netherland), Gray Manufacturing Company Inc. (US), Snap-On Incorporated (US), Vehicle Service Group (US), Robert Bosch (Germany), Continental AG (Germany), Maha Maschinenbau Haldenwang GmbH & Co. (Germany), Boston Garage Equipment Ltd (UK) and many others. These companies have strong distribution networks at a global level. Besides, these companies offer a wide range of equipment in the market. The key strategies adopted by these companies to sustain their market position are new product developments, collaborations, and contracts & agreements.
The vehicles for disabled market is expected to grow from USD 2.6 billion in 2019 to USD 6.3 billion by 2027, at a compound annual growth rate (CAGR) of 11.7% during the forecast period.The adaptive four-wheeler vehicle for disabled market is led by globally and regionally established players such as Toyota Motor Corporation (Japan), Vantage Mobility International (US), BraunAbility (US), Revability (US), and Mobility Works (US). The mobility scooter vehicle for disabled market is led by globally and regionally established players such as Pride Mobility (US), Sunrise Medical Holdings (Germany), Invacare (US), KYMCO Global (Taiwan), and Amigo Mobility International (US). These companies have strong distribution networks at a global and regional level. In addition, these companies offer an extensive product range in this market. These companies adopt strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position.
The blind spot solutions market is estimated to be USD 10.6 billion in 2019 and is projected to reach USD 28.6 billion by 2027, at a CAGR of 13.2% from 2019 to 2027. The key drivers of the market are increasing adoption rate of advanced technologies by OEMs, the introduction of stringent government programs pertaining to vehicle safety, growing consumer demand for active safety systems, rising adoption of smart mirrors in the automotive industry, and increasing demand for premium vehicles.Denso (Japan), Continental (Germany), Bosch (Germany), and Magna (Canada).
The automotive safety system market is estimated to be USD 82.80 Billion in 2017 and is projected to grow to USD 169.46 Billion by 2025, at a CAGR of 9.36% during the forecast period. The increasing demand for a safe, efficient, and convenient driving experience and stringent safety regulations across the globe are driving the market for automotive safety system. The report analyzes all major tier I suppliers in the global market. Robert Bosch (Germany), Continental (Germany), Denso (Japan), and Delphi (UK) are some of the leading suppliers in the automotive safety system market.
The autonomous emergency braking (AEB) system market is projected to be worth USD 55.31 Billion by 2025, growing at a CAGR of 22.23% from 2020 to 2025. The rising number of accidents and growing safety concerns and the increasing government mandates regarding vehicle safety and security shall be the major factor for growth of autonomous emergency braking (AEB) system market. This report covers some of the leading players in autonomous emergency braking (AEB) system market such as Continental AG (Germany), Denso Corporation (Japan), Valeo S.A. (France), Knorr-Bremse (Germany), Analog Devices (US) and others.
The end-point authentication market for automotive, by value, is projected to grow at a CAGR of 14.5% from 2017 to 2022. The market, by value, was estimated to be USD 529.5 Million in 2017. In this study, 2016 has been considered the base year, and 2017 to 2022 the forecast period, for estimating the size of the end-point authentication market for automotive. The report analyzes and forecasts the market size, by volume (thousand units) and value (USD million), of the end-point authentication market for automotive.
The biometric vehicle access system market, in terms of value, is projected to grow at a CAGR of 14.06% from 2016 to 2021. The market is estimated to be USD 442.7 Million in 2016, and is projected to reach 854.8 Million by 2021. The growth of the biometric vehicle access system market is fueled by increased safety regulation, technological advancements, and rise in biometric technologies.
The vehicle anti-theft system market, in terms of value, is projected to grow at a CAGR of 7.76% from 2016 to 2021. The market is estimated to be USD 6.59 Billion in 2016, and is projected to reach USD 9.57 Billion by 2021. The growth of the vehicle anti-theft system market is fueled by increasingly stringent safety regulations, technological advancements, and the growing adoption of biometric technologies.
The vehicle security system market, in terms of value, is projected to grow at a CAGR of 7.2% from 2016 to 2021. The market is estimated to be USD 7. 57 Billion in 2016, and is projected to reach 10.75 Billion by 2021. Asia-Pacific is estimated to be the largest market for vehicle security systems, followed by North America and Europe. The growth of the vehicle security system market is fueled by increasing vehicle production, growing awareness regarding vehicle safety, and increasing installation of safety features in automobiles.
The car safety systems market is estimated to be USD 93.73 Billion in 2015, and is projected to reach 152.59 Billion by 2020, growing at a CAGR of 10.24%. The car safety systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to the increasing vehicle electrification, rising vehicle production, and increasingly stringent safety norms.
The occupant sensing system and whiplash protection system market in terms of value is projected to grow at a healthy CAGR of 14.3% and 13.8% respectively from 2014 to 2019. The major factors driving the demand of automotive occupant sensing system and whiplash protection system are stringent safety norms, increased safety awareness, technological advancement, affordability as well as institutions such as the New Car Assessment Program (NCAP) awarding safety ratings to cars based on safety performance.
Automotive Anti Lock Braking System (ABS): The market size, in terms of value, is projected to grow at a promising CAGR of 8.6% to reach $34 billion in 2019. Automotive Electronic Stability Control System (ESC): The market size, in terms of value, is projected to grow at a promising CAGR of 10.9% to reach $42 billion in 2019.The global automotive ABS and ESC systems market is dominated by players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Autoliv, Inc. (Sweden), and TRW Automotive (U.S.).