Car Safety Trends and Forecast
The future of the global car safety market looks promising with opportunities in the adult occupant, pedestrian safety, child safety, and safety assistance systems markets. The global car safety market is expected to reach an estimated $222.9 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are growing awareness regarding safety systems, rising trend of vehicle electrification, and increasing production of vehicles.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Car Safety by Segment
The study includes a forecast for the global car safety by type, occupant type, and region.
Car Safety Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Active Safety
• Passive Safety
Car Safety Market by Occupant Type [Shipment Analysis by Value from 2018 to 2030]:
• Adult Occupant
• Pedestrian Safety
• Child Safety
• Safety Assistance Systems
Car Safety Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Car Safety Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies car safety companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the car safety companies profiled in this report include-
• Robert Bosch
• Schaeffler
• Denso
• Infineon
• Continental
• Delphi Automotive
• Magna
Car Safety Market Insights
Lucintel forecasts that active safety will remain the larger segment over the forecast period as it plays a vital role in reducing accidents.
Within this market, adult occupant will remain the largest segment due to increase in the number of consumer safety awareness programs and growing number of road accidents.
North America will remain the largest region over the forecast period due to increasing adoption of luxury vehicles in the region.
Features of the Global Car Safety Market
Market Size Estimates: Car safety market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Car safety market size by type, occupant type, and region in terms of value ($B).
Regional Analysis: Car safety market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, occupant types, and regions for the car safety market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the car safety market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the car safety market market size?
Answer: The global car safety market is expected to reach an estimated $10.2 billion by 2030.
Q2. What is the growth forecast for car safety market?
Answer: The global car safety market is expected to grow with a CAGR of 8.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the car safety market?
Answer: The major drivers for this market are growing awareness regarding safety systems, rising trend of vehicle electrification, and increasing production of vehicles.
Q4. What are the major segments for car safety market?
Answer: The future of the car safety market looks promising with opportunities in the adult occupant, pedestrian safety, child safety, and safety assistance systems markets.
Q5. Who are the key car safety market companies?
Answer: Some of the key car safety companies are as follows:
• Robert Bosch
• Schaeffler
• Denso
• Infineon
• Continental
• Delphi Automotive
• Magna
Q6. Which car safety market segment will be the largest in future?
Answer: Lucintel forecasts that active safety will remain the larger segment over the forecast period as it plays a vital role in reducing accidents.
Q7. In car safety market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing adoption of luxury vehicles in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the car safety market by type (active safety and passive safety), occupant type (adult occupant, pedestrian safety, child safety, and safety assistance systems), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Car Safety Market, Car Safety Market Size, Car Safety Market Growth, Car Safety Market Analysis, Car Safety Market Report, Car Safety Market Share, Car Safety Market Trends, Car Safety Market Forecast, Car Safety Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.