Passenger Car Active & Passive Safety Systems Market

The issue of Passenger Safety occupies a prime spot in today’s Passenger Car Segment. Various Stakeholders across Value Chain acknowledge the importance of this aspect and consumers are willing to spend extra for ensuring their safety and the safety of their loved ones.Passenger Car Safety Systems are classified in to two segments, namely Active Safety Systems and Passive Safety Systems.

Active Safety Systems play a role in preventing accidents whereas Passive Safety Systems work to limit the consequences in the event of a crash. In most of the developed countries various Active and Passive safety systems have been made mandatory via legislation and policies in developing countries are rapidly catching up.

The major factors responsible for driving the demand of Active and Passive Safety Systems are the focus of consumer safety, rise in safety regulations globally, growth of global automotive industry and active participation of Non-Government institutions like New Car Assessment Program (NCAP).

The report covers the market of automotive active & passive safety systems in terms of volume and value. The market volume is provided in terms of thousand units; whereas the value of the market is provided in terms of $million from 2014 to 2019. The Automotive Safety Systems Market is broadly classified by type that is Active Safety Systems and Passive Safety Systems and by Geography that is Asia-Pacific, Europe, North America and ROW, focusing on key countries in each region.

The report classifies and defines the Passenger Car Active and Passive Safety Systems market by volume and value. It also provides qualitative and quantitative insights about the sub systems of Active and Passive Safety Systems. The report also gives a comprehensive review of the market drivers, restraints, opportunities, challenges and key issues in the Active and Passive Safety Systems market. The key players in the Active and Passive Safety Systems market have also been identified and profiled.

Active & Passive safety system: Future technologies

The emergence of new technologies in Passenger Car Safety presents a great opportunity in this market. Car manufacturers are continuously working on innovative technologies that help to reduce the number of accidents. New systems such as Pop-Up Bonnets and Pedestrian Airbags have now been developed but are yet to gain widespread popularity to protect pedestrians group. A technology called Vehicle-to-Vehicle communication, or V2V, is being tested by some automotive manufacturers as a way to reduce the number of accidents on the road. V2V works by using wireless signals to send information back and forth between cars about their location, speed, and direction.