Title: Automotive Safety Technology Market
1Automotive Safety Technology Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report (2021-2026)
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- Automotive safety system is to minimize the
occurrence of on road accidents. According to the
Association for Safe International Road Travel,
globally every year approximately 1.3 Million
people die in road accidents and an additional 20
to 50 Million are disabled and injured in road
accidents. - The fatalities involved in the road accidents
are very high. Government around the world are
trying to implement regulations on crash test and
airbags and the automaker would be required to
meet these regulations. - In 2016, the total worldwide sales of automobiles
has reached to 88 Million.
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- Key Takeaways
- As number of cars is increasing every day,
governments are also planning to implement the
mandate on automotive safety technology. - This further suggest that the automotive safety
technology is witnessing the higher growth across
the globe. - The growth is primarily attributed to the
advancement in the sensor technologies which
further improves the navigation, braking system,
object.
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By Distribution Channel- Segment
Analysis Miniaturization of electronic
technologies such as smart sensors and device are
encouraging advancements in automotive safety
sector and in particularly advanced driver
assistance system. In future there will be more
modular and platform sharing system which will
further increase the complexity and challenges
for the OEMs. It will be very difficult to
decide the most attuned sensor suite for
automotive safety. In addition the regulations
for automotive safety will be tighten in future
this will further reduce the profit margin for
OEMs and suppliers.
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- Automotive Safety Technology Market Industry
Outlook - Bosch
- Delphi Automotive
- Autoliv, Denso Corporation
- Takata
- Continental AG
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Automotive Safety Technology Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/18125/
automotive-safety-technology-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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