PUBLISHER: TechNavio | PRODUCT CODE: 1748517
PUBLISHER: TechNavio | PRODUCT CODE: 1748517
The automotive passive safety system market is forecasted to grow by USD 12,065.6 mn during 2024-2029, accelerating at a CAGR of 7.4% during the forecast period. The report on the automotive passive safety system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing usage of passive safety systems in automobiles in developing countries, stringent regulations by government bodies regarding safety features in passenger cars, and growing importance of crash test norms and ncap ratings.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.8% |
CAGR | 7.4% |
Incremental Value | $12,065.6 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's automotive passive safety system market is segmented as below:
By Product
By End-user
By Channel
By Geographical Landscape
This study identifies the introduction of seatbelt reminder systems with visual/audible alarms for rear seats as one of the prime reasons driving the automotive passive safety system market growth during the next few years. Also, increasing advancements in airbag technologies and growing popularity of side airbags in mid-range and entry-level vehicles will lead to sizable demand in the market.
The report on the automotive passive safety system market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive passive safety system market vendors that include APV Corporation Pty. Ltd., Ashimori Industry Co. Ltd., Autoliv Inc., Elastic Berger GmbH and Co. KG, Faurecia SE, Goradia Industries, Hyundai Motor Co., Infineon Technologies AG, Joyson Safety Systems Aschaffenburg GmbH, Knauf Industries, Nihon Plast Co. Ltd., Ningbo Joyson Electronics Corp., NXP Semiconductors NV, Robert Bosch GmbH, Schaeffler AG, TaiHangChangQing Automobile Safety System Co. Ltd., Tokai Rika Co. Ltd., Toyota Motor Corp., and ZF Friedrichshafen AG. Also, the automotive passive safety system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: