Automotive Safety System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Automotive Safety Systems Industry Share & Analysis. The Market is Segmented by System Type (Lane Departure Warning System and Other Board Safety Systems), End-User Type (OEM and Aftermarket), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (North America, Europe, Asia-Pacific, Rest of the World). The Market Size and Forecasts for Automotive Safety Systems are provided in terms of Value (USD billion) for the Above-mentioned segments.

Automotive Safety System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Safety System Industry Overview

The automotive safety systems market is highly competitive and fragmented, with safety systems manufacturers and OEMs competing. Some of the major players dominating the market are Continental AG, Robert Bosch, ZF Friedrichshafen AG, Denso Corp., Magna International, and Hyundai Mobis, Autoliv. For instance,

In August 2021, Robert Bosch (Bosch) established an automotive research and development center in Limerick, UK. The focus of the activities in Limerick will be on semiconductor products as well as automotive electronics. Initial development at the facility will include integrated circuits (IC) for adaptive cruise control and radar technologies for automated driving.

In December 2021, Behr-Hella Thermocontrol GmbH (BHTC), a joint venture between MAHLE Behr GmbH & Co. KG and Hella, announced a partnership to offer the world's first solution that combines outstanding HMI (Human-Machine Interface) technology with advanced driver and occupant monitoring. BHTC's display and climate control products can be equipped with cameras that observe driver drowsiness and distraction, as well as sudden sickness, and will issue warnings.

In October 2019, ZF at the North America Commercial Vehicle Show in Atlanta announced that it plans to roll out its OnTrax driver-assist platform with an OE partner. OnTrax Lane Keeping Assist (LKA) uses a forward-facing camera to find lane markings. OnTrax offers additional capabilities with the addition of short-range radar, including lane change and city drive assist.

Automotive Safety System Market Leaders

  1. Continental AG

  2. ZF Friedrichshafen AG

  3. Magna International

  4. Robert Bosch GmbH

  5. Autoliv Inc.

  6. *Disclaimer: Major Players sorted in no particular order
 Robert Bosch GmbH, Aptiv PLC, Infineon Technologies,  Magna International, WABCO Vehicle Control System,  Continental AG,  ZF Friedrichshafen AG