Market Research Report
Global Automotive Passive Safety System Market 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||967791|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Automotive Passive Safety System Market 2020-2024|
|Published: September 23, 2020||Content info: 120 Pages||
Technavio has been monitoring the automotive passive safety system market and it is poised to grow by $ 2.28 bn during 2020-2024, progressing at a CAGR of 2% during the forecast period. Our reports on the automotive passive safety system market provide 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 global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the adoption of passive safety systems in vehicles in developing countries, governing bodies mandating safety regulations, and the growing importance of crash tests and NCAP ratings. In addition, increasing adoption in developing countries is anticipated to boost the growth of the market as well.
The automotive passive safety system market analysis includes type segment and geographical landscapes.
Technavio's ‘automotive passive safety system market ’ is segmented as below:
By Geographic Landscape:
This study identifies the future regulations on curtain airbags to boost the market as one of the prime reasons driving the automotive passive safety system market growth during the next few years. Also, seatbelt reminder systems with visual/audible alarm for rear seats and the increasing popularity of side airbags in mid-range and entry-level vehicles will lead to sizable demand in the market.
Technavio 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. Our report on the automotive passive safety system market covers the following areas:
Technavio's 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 Autoliv Inc., Continental AG, DENSO Corp., Faurecia SA, Hyundai Mobis Co. Ltd., Nihon Plast Co. Ltd, Ningbo Joyson Electronics Co. Ltd., Tokai Rika Co. Ltd., Toyoda Gosei Co. Ltd., 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 on all forthcoming growth opportunities.
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 and vendor landscape in addition to an analysis of the key vendors.
Technavio 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 research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.