Global Automotive Active Safety Systems Market to Reach USD 24.08 Billion in Value in 2013, Estimates Visiongain
21 Mar 2013 • by Natalie Aster
Advanced electronic systems are entering all aspects of modern vehicles, from connected navigation to advanced infotainment systems. In addition to the comfort and convenience resulting from these electronic advancements there are significant opportunities for improving safety as well. Vehicles safety systems have evolved from protecting drivers and passengers in the event of an accident to preventing accidents from happening altogether. As a consequence the total value of the automotive active safety systems market in 2013 will reach $24.08bn.
The global automotive active safety systems market will see significant opportunities throughout the forecast period. An important driver is the development of the more affordable active safety systems which are becoming part of the standard equipment through consumer demand as well as government regulations.
According to the report “Global Automotive Active Safety Systems Market 2013-2023 - ABS, ESC, ACC, TPMS, LDW, NVS, BSD, DM & Prospects for Self-Driving Cars” by Visiongain, more advanced and costly systems are also increasingly spreading down through the segments. These systems are generally first introduced into the upper premium segments. As the technology improves and the cost of production comes down the systems become optional extras on less expensive cars and so the trickle down effect continues.
Global Automotive Active Safety Systems Market 2013-2023 - ABS, ESC, ACC, TPMS, LDW, NVS, BSD, DM & Prospects for Self-Driving Cars
Published: February, 2013
Price: US$ 2,738.00
Visiongain consulted widely with industry experts and the report includes a full transcript of an exclusive interview with Autoliv. As such, its reports have a unique blend of primary and secondary sources providing informed opinion. This approach allows insight into the key drivers and restraints behind macro-economic and industry developments, as well as identifying the significant technologies. The report also presents a unique blend of qualitative analysis combined with extensive quantitative data including global and national markets forecasts from 2013-2023 - all highlighting strategic business opportunities.
More information can be found in the report “Global Automotive Active Safety Systems Market 2013-2023 - ABS, ESC, ACC, TPMS, LDW, NVS, BSD, DM& Prospects for Self-Driving Cars” by Visiongain.
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