How big is the automotive safety systems market?
According to 6Wresearch internal database and industry insights,
Global automotive safety systems market was valued at approximately
USD 92.3 billion in 2024 and is projected to reach
USD 152.1 billion by 2031. The market is expected to grow at a
CAGR of 7.4% during the forecast period.
This robust growth is driven by stringent government safety regulations, increasing consumer demand for safer vehicles, and the widespread adoption of advanced driver assistance systems (ADAS), electronic stability control, and crash avoidance technologies.
Key Growth Factors of the Automotive Safety Systems Market
- Government regulations mandating passive and active safety features
- Increasing adoption of ADAS, airbags, ABS, ESC, and blind spot detection
- Rising vehicle production and demand for occupant safety
- Technological advancements in sensor fusion, radar, and camera systems
- Growth in autonomous and semi-autonomous vehicle testing
- OEM collaboration with tech companies for safety innovations
Automotive Safety Systems Market Trends
There is growing adoption of AI-powered safety solutions like driver monitoring systems and pedestrian detection. The use of lidar and radar in mid-range vehicles is growing. In an effort to cut down on development time, automakers are concentrating on modular safety platforms. Next-generation models are increasingly incorporating V2X communication and adaptive lighting.
Emerging Developments in the Automotive Safety Systems Market
Recent advancements include real-time object recognition using AI, enhanced thermal imaging systems for night vision, and over-the-air safety feature updates.Startups are creating affordable safety features for affordable automobiles. Faster innovation rollouts are made possible by OEMs and Tier 1 suppliers working together in collaborative safety ecosystems.
Major Companies in the Automotive Safety Systems Market
- Robert Bosch GmbH
- Autoliv Inc.
- ZF Friedrichshafen AG
- Continental AG
- Denso Corporation
- Aptiv PLC
- Veoneer Inc.
How big is the automotive safety systems market : FAQs
The automotive safety systems market is projected to reach USD 152.1 billion by 2031.
The automotive safety systems market is expected to grow at a CAGR of 7.4% in the coming years.
Advanced driver assistance systems (ADAS), airbags, lane departure warning, automatic emergency braking, and blind spot detection are in high demand.
Passenger vehicles lead the demand, with increasing integration in both luxury and mid-range segments.
Asia-Pacific, especially China and India, is experiencing rapid growth due to regulatory mandates and rising vehicle production.
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