Persistence Market Research

Global Automotive Safety System Market - Size, Share, Industry Growth Analysis to 2020

Persistence Market Research is released upcoming report on title "Automotive Safety System Market: Global Industry analysis and Forecast to 2020".


New York, NY -- (SBWIRE) -- 03/24/2015 -- Safety is on of the major concern for the driver and the passenger while travelling. Automotive safety system is the practice of designing and constructing the vehicle with required safety equipment. These equipments save passengers and drivers from getting injured from sudden jerk and accidents. Main purpose of automotive safety system is to cushion driver during vehicle crash and protect the body when the body strike the interior objects of the vehicle such as the steering, wheel or window. Modern vehicle are designed with multiple automotive safety equipments situated in different side and frontal location of the person driving the vehicle. While the vehicle is running, passengers and drivers do travel with same speed. When the vehicle suddenly stops, people seating are still in the same velocity and can get injuries while the vehicle crashes.

Buy Full Report:

On the bases of performance global automotive safety system market can be bifurcated into automotive airbag (frontal airbag, side airbag, knee airbag, rear curtain airbag and centre airbag), automotive seat belt (two point belts, lap belts, sash belts, three point belts, five point belts, belt in seat and six point belts) and others. During vehicle collusion 75% of drivers are ejected from the vehicle, seat belts prevents the driver from getting ejected while sudden collusion, protecting the driven from injuries or death.

North America has the largest market share for automotive safety system, followed by Europe and Asia-Pacific. The U.S and Japan are the largest market for automotive safety system globally. Asia-Pacific region is expected to witness highest growth in the forecasted period owing to increasing domestic demand for vehicle with added safety equipments within the vehicle. Emerging markets of China and India are expected to boost the Asian automotive safety system market.

Increasing number of deaths in road accident is accelerating demand for safety measures, increasing the global automotive safety system market. According to Alabama's Department of Public Safety in 2013, there were 367 traffic deaths, among which 178 deaths happened to those who were not wearing seat belts while driving. Additionally, safety regulations implied by the government agencies and increasing life expectancy is also driving the global automotive safety system market. Rising disposable income level have influence the individuals to invest more on safety features within the vehicle, further increasing the demand for automotive safety system. Also, increasing customer awareness about technological changes related to safety equipments within the vehicle may act as market drive in coming future.

Customer's willingness to spend more on safety equipments within the vehicle is prompting multinational companies to invest more in this market. Some of the major companies operating in the global automotive safety system market are Delphi Automotive plc, TRW Automotive Holdings Corp., Key Safety Systems Inc., Tokai Rika Co. Ltd., Toyoda, Denso Corp., Takata Corp. and Autoliv Inc.

Request Full Toc:

Key points covered in the report:

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation

North America

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.

Visit our blog at:

About Persistence Market Research
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.