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Automotive Passive Safety Systems Market Trends

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

Automotive Passive Safety Systems Market Trends

A prominent trend in the automotive passive safety systems industry is the integration of AI and ML into safety systems. Advanced algorithms are being used to enhance the functionality of passive safety features, such as predictive airbag deployment and adaptive seatbelt tensioning, by analyzing real-time data from various sensors.
 

For instance, Volvo's advanced safety system can predict a crash and pre-tighten seatbelts or adjust headrests to minimize injury. These AI-driven systems are becoming increasingly popular as they offer a higher level of protection by reacting faster and more accurately than traditional systems. This trend aligns with the broader movement toward autonomous driving, where vehicles are expected to anticipate and mitigate risks without human intervention.
 

For instance, in March 2023, Hyundai Mobis introduced breakthrough airbag technologies that significantly enhance vehicle safety. The company unveiled innovative airbag systems, including face-to-face protection, curtain, and omnidirectional airbags, designed to minimize injuries in various accident scenarios. These innovations, tailored for Purpose-built Vehicles (PBVs) and Electric Vehicles (EVs), reflect Hyundai Mobis' leadership in developing advanced safety solutions for future mobility.

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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