Automotive Safety System Industry| COVID-19 Impact

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The global Automotive Safety System Industry segmentation segments the market into active technology, passive technology, fuel used, offering, vehicle type, and lastly, region. Based on active technology, this market has been segmented into anti-lock braking system (ABS), blind spot detection (BSD), electronic brakeforce distribution (EBD), electronic stability control (ESC), lane departure warning (LDW), and tire pressure monitoring system (TPMS).

On the basis of passive technology, the market has been segmented into the airbag, pedestrian, and whiplash protection. In the context of fuel used by the vehicles, the market has been segmented into diesel, electric vehicle (EV), hybrid electric vehicle (HEV), and petrol. As per the offering, the market has been segmented into hardware and software. By vehicle type, the market can be segmented into passenger vehicle, heavy commercial vehicle (HCV), and light commercial vehicle (LCV).

Europe is an important market because it produces some of the most innovative and technologically advanced automobiles which invariably leads to better and faster cars. In this region, the important country-specific markets are Germany and Spain. France and the United Kingdom (UK) are two important economies in this region.

Key Players

The key players in the global Automotive Safety System Industry include Autoliv Inc. (USA), Continental AG (Germany), Delphi Automotive PLC (Aptiv PLC) (USA), Denso Corporation (Japan), Johnson Electric Holdings Limited (Hong Kong), Magna International Inc. (Canada), Mobileye N.V. (Israel), Robert Bosch GmbH (Germany), Takata Corporation (Japan), and TRW Automotive (USA).

Latest Industry News

• In a bid to ease safety concerns across the top of the Mount Panorama circuit, plans have been made to fit an in-car warning system into every car racing at the 2019 Bathurst 12 Hour. 22 JAN 2019
• Hyundai is developing the world’s first multi-collision airbag system that significantly improves airbag performance in multi-collision accidents. 21 JAN 2019
• Victoria State Government has awarded Bosch $2.3 mn from the Connected and Automated Vehicle Trial Grants Program, along with the state's first Automated Driving System permit for on-road testing of highly automated driving systems. Automated vehicle technology will be tested in rural Victoria this year. 22 JAN 2019