Automotive Active Safety Sensors Market to Reach US$ 18,554.5 million in 2023
Automotive Active Safety Sensors Market report is a 231-page study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.
(EMAILWIRE.COM, December 21, 2018 )
Stratview Research has published a new research report on Automotive Active Safety Sensors Market. This extensive 231-page report by Stratview Research analyses the growth of Automotive Active Safety Sensors Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Commercial Vehicle)
• By Sensor Type (Radar Sensor, LiDAR Sensor, Camera Sensor, Others)
• By Application Type (Braking System, Adaptive Cruise Control, Blind Spot Detection, Lane Departure Warning, Others)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/397/Automotive-Active-Safety-Sensors-Market.html
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Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/397/Automotive-Active-Safety-Sensors-Market.html
Increasing usage of active systems
The global automotive active safety sensors market is likely to witness an excellent double-digit growth over the next five years to reach US$ 18,554.5 million in 2023. Increasing usage of active systems in passenger cars to reduce the number of accidents, implementation of stringent regulations regarding passenger safety, a growing trend towards advancing the vehicles by making it autonomous, and market entry of technology-driven companies like Apple and Google are some of the major factors that are proliferating the growth of the active safety sensors in the automotive industry. Organic growth of the automotive industry further substantiates the demand for active safety sensors in the automotive industry.
The automotive industry is trending towards autonomous vehicles. In the current scenario, vehicles have reached second generation or L2 (Level 2), which is partial automation, whereas Level 4 and level 5 are full automation. Increasing demand for autonomous vehicles is likely to spur the demand for active safety sensors in the automotive industry in the coming years.
Top market players
The supply chain of this market comprises raw material suppliers, sub-component manufacturers, active safety sensor suppliers, active safety system suppliers, automotive tier players, automotive OEMs, and dealers. The key automotive active safety sensor suppliers are Continental AG, Veoneer, Robert Bosch GmbH, Valeo Group, and Aptiv PLC. Development of low-cost sensors and formation of strategic alliances with OEMs and active safety system suppliers are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research has published a new research report on Automotive Active Safety Sensors Market. This extensive 231-page report by Stratview Research analyses the growth of Automotive Active Safety Sensors Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Commercial Vehicle)
• By Sensor Type (Radar Sensor, LiDAR Sensor, Camera Sensor, Others)
• By Application Type (Braking System, Adaptive Cruise Control, Blind Spot Detection, Lane Departure Warning, Others)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/397/Automotive-Active-Safety-Sensors-Market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/397/Automotive-Active-Safety-Sensors-Market.html
Increasing usage of active systems
The global automotive active safety sensors market is likely to witness an excellent double-digit growth over the next five years to reach US$ 18,554.5 million in 2023. Increasing usage of active systems in passenger cars to reduce the number of accidents, implementation of stringent regulations regarding passenger safety, a growing trend towards advancing the vehicles by making it autonomous, and market entry of technology-driven companies like Apple and Google are some of the major factors that are proliferating the growth of the active safety sensors in the automotive industry. Organic growth of the automotive industry further substantiates the demand for active safety sensors in the automotive industry.
The automotive industry is trending towards autonomous vehicles. In the current scenario, vehicles have reached second generation or L2 (Level 2), which is partial automation, whereas Level 4 and level 5 are full automation. Increasing demand for autonomous vehicles is likely to spur the demand for active safety sensors in the automotive industry in the coming years.
Top market players
The supply chain of this market comprises raw material suppliers, sub-component manufacturers, active safety sensor suppliers, active safety system suppliers, automotive tier players, automotive OEMs, and dealers. The key automotive active safety sensor suppliers are Continental AG, Veoneer, Robert Bosch GmbH, Valeo Group, and Aptiv PLC. Development of low-cost sensors and formation of strategic alliances with OEMs and active safety system suppliers are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results