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Automotive Active Safety Systems Market Share

Report ID: GMI11032
Published Date: Aug 2024
Report Format: PDF

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Automotive Active Safety Systems Market Share

Robert Bosch GmbH, Denso Corporation, and ZF Friedrichshafen AG hold a significant market share of around 38% in the automotive active safety systems industry. These companies invest heavily in research and development, driving innovations in automotive Active safety systems solutions. These companies leverage partnerships with vehicle OEMs and product manufacturing companies to expand their market reach. Their strong distribution networks ensure that their products are readily available to consumers across various regions.

Additionally, these companies are increasingly integrating advanced technologies into their active safety system products, enhancing safety and security, thereby contributing to their dominance in the market.

Automotive Active Safety Systems Market Companies

The major players operating in the automotive active safety systems industry are:

Valeo SA
Hyundai Mobis
Continental AG
Magna International Inc.
Denso Corporation
ZF Friedrichshafen AG (ZF LIFETEC)
Bosch Mobility Solutions

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automotive active safety systems reached USD 145.3 billion in 2023 and is set to register over 13% CAGR between 2024 and 2032, due to increasing enforcement of government regulations and safety standards.

The passenger car vehicle segment accounted for 83% of the market share in 2023, owing to strong consumer demand for safety features in personal vehicles.

Asia Pacific market recorded 31% share in 2023, driven by increasing vehicle production and heightened safety awareness.

Valeo SA, Hyundai Mobis, Continental AG, Magna International Inc., Denso Corporation, ZF Friedrichshafen AG (ZF LIFETEC), and Bosch Mobility Solutions.