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Automotive Passive Safety Systems Market Share

  • Report ID: GMI10943
  • Published Date: Aug 2024
  • Report Format: PDF

Automotive Passive Safety Systems Market Share

Robert Bosch GmbH, Autoliv Inc., and ZF Friedrichshafen AG hold a significant market share of around 45% in the automotive passive safety systems industry. These companies invest heavily in research and development, driving innovations in automotive passive 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 passive safety system products, enhancing safety and security, thereby contributing to their dominance in the market.
 

Automotive Passive Safety Systems Market Companies

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

  • Valeo SA
  • Denso Corporation
  • Hyundai Mobis
  • Joyson Safety Systems
  • Robert Bosch GmbH
  • Autoliv Inc.
  • ZF Friedrichshafen AG
Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automotive passive safety systems reached USD 21.7 billion in 2023 and is set to register over 4% CAGR between 2024 and 2032, led by the increasing government regulations and safety standards.

The passenger car segment accounted for a share of around 81% in 2023, due to high consumer demand for safety features in personal vehicles.

Asia Pacific market held a revenue share of around 33s% in 2023, owing to increasing vehicle production and rising safety awareness.

Valeo SA, Denso Corporation, Hyundai Mobis, Joyson Safety Systems, Robert Bosch GmbH, and Autoliv Inc among others.

Automotive Passive Safety Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 341
  • Countries covered: 25
  • Pages: 250
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