Automotive Active Safety Sensors Market worth US$ 18,554.5 Million In 2023
This report, from Stratview Research, studies active safety sensors market in the automotive industry over the trend period of 2012 to 2017 and the forecast period of 2018 to 2023 in terms of both value and units.
(EMAILWIRE.COM, February 01, 2019 )
Stratview Research announces the launch of a new research report on Automotive Active Safety Sensors Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Sensor Type (Radar Sensor, LiDAR Sensor, Camera Sensor, and Others), by Application Type (Braking System, Adaptive Cruise Control, Blind Spot Detection, Lane Departure Warning and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The Automotive Active Safety Sensors Market: Highlights
With more than 1 million annual road fatalities worldwide, safety has become paramount importance for the automotive industry. Various safety regulatory organizations, such as NCAP (New Car Assessment Program) and NHTSA (National Highway Traffic Safety Administration), are imposing stringent safety regulations on automakers, which are encouraging automakers to incorporate active safety systems into their new cars. Sensors are nowadays considered a very crucial product for passenger safety as they recognize accident hazards or events in milliseconds. The main function of active safety sensors is to help the driver to control the vehicle to avoid accidents and enhance the driving experience under various road conditions.
Click here for table of contents:- https://stratviewresearch.com/toc/397/Automotive-Active-Safety-Sensors-Market.html
Or
Request a sample here:- https://stratviewresearch.com/Request-Sample/397/Automotive-Active-Safety-Sensors-Market.html
As per Stratview Research, 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.
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 announces the launch of a new research report on Automotive Active Safety Sensors Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Sensor Type (Radar Sensor, LiDAR Sensor, Camera Sensor, and Others), by Application Type (Braking System, Adaptive Cruise Control, Blind Spot Detection, Lane Departure Warning and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The Automotive Active Safety Sensors Market: Highlights
With more than 1 million annual road fatalities worldwide, safety has become paramount importance for the automotive industry. Various safety regulatory organizations, such as NCAP (New Car Assessment Program) and NHTSA (National Highway Traffic Safety Administration), are imposing stringent safety regulations on automakers, which are encouraging automakers to incorporate active safety systems into their new cars. Sensors are nowadays considered a very crucial product for passenger safety as they recognize accident hazards or events in milliseconds. The main function of active safety sensors is to help the driver to control the vehicle to avoid accidents and enhance the driving experience under various road conditions.
Click here for table of contents:- https://stratviewresearch.com/toc/397/Automotive-Active-Safety-Sensors-Market.html
Or
Request a sample here:- https://stratviewresearch.com/Request-Sample/397/Automotive-Active-Safety-Sensors-Market.html
As per Stratview Research, 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.
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
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
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