Car Safety Market - Forecast (2023 - 2028)

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Car Safety Market Forecast(2023 - 2028)
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• Car Safety Market is forecast to reach 258.3
  billion by 2025, at a CAGR of 10.6 during
  2020-2025. Increased number of accidents,
  increasing vehicle safety concerns and stringent
  government regulations in different regions are
  some of the reasons which drive the market.
• n 2018, according to the report given by National
  Safety Council (NSC) of U.S. an estimated 40,000
  people lost their lives to car crashes and about
  4.5 million people were severely injured.
  Similarly around 25,100 road fatalities were
  reported by the 28 EU States. Rise in the
  accidents made the government to implement
  stringent regulations.

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• Key Takeaways
• The active automotive safety systems is expected
  to grow at a CAGR of around 9 in the forecast
  period owing to its advantages of helping driver
  to control the vehicle, prevent or mitigate road
  accidents.
• Drop In the production and sales of cars in
  United States and other developed market will
  hinder the growth of car safety market.
• Major players in Car safety Market include
  Continental AG, ZF TRW Automotive Holdings
  Corporation, Autoliv Inc., Toyoda Gosei Co. Ltd.
  Denso Corporation, Takata Corporation,
  Valeo Johnson Electric Holdings Limited Company,
  Delphi Automotive PLC., and Robert Bosch GmbH.

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• By Distribution Channel- Segment Analysis
• The active automotive safety systems is expected
  to grow at a CAGR of around 9.20 in the forecast
  period owing to its advantages such as anti-lock
  braking, electronic stability control or traction
  control  of the vehicle and it also prevent or
  mitigate road accidents by improving overall
  driving experience under different road
  conditions and situations. 
• Government of several countries made strict
  regulations to deploy car safety features. For
  instance, according to New Car Assessment Program
  (NCAP) in India, it is mandatory to deploy car
  active safety features by 2018.

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• Car Safety Market
• Continental AG
• ZF TRW Automotive Holdings Corporation
• Autoliv Inc.
• Toyoda Gosei Co. Ltd
• Denso Corporation
• Takata Corporation
• Valeo Johnson Electric Holdings Limited Company
• Delphi Automotive PLC.
• Robert Bosch GmbH.

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Car Safety Market Learn More About the Report
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y-Market-Research-501141
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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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  501141

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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