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Global Automotive Passive Safety System Market to reach USD XX million by 2028.

Global Automotive Passive Safety System Market Size study, By Product Type (Airbag, Seat Belt, Electronic Control Unit, Steering Wheels), By Vehicle Type (Passenger and Commercial) By Sales Channel (OEM and Aftermarket), and Regional Forecasts 2022-2028

Product Code: ALTAE-61140087
Publish Date: 30-08-2022
Page: 200

Global Automotive Passive Safety System Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Automotive Passive Safety System refers to safety equipment’s that prevents the driver and passengers from getting injured by reducing the impact of the crash. These systems are designed to either work automatically or require drivers to activate them in need. The automotive Passive Safety solutions include airbags, seat belts, crumple zones, and passenger safety cells among others. The rising automotive sector worldwide and increasing incidences of road traffic injuries as well as recent collaboration from leading market players are accelerating the global market demand. For instance, According to International Energy Agency (IEA) estimates – during 2020, the worldwide sales of electric cars in 2020 were estimated at 3 million units, and it further increased to 6.6 million units in 2021. Furthermore, leading market players are working towards strategic partnerships to offer innovative products. For instance, in July 2022 Stockholm, Sweden based Autoliv, Inc., a leader in automotive safety systems, and Sweden based POC, a global leader in snow sports and cycling protection entered in a partnership to study and develop bicycle and e-bike helmets equipped with airbag technology. Also, growing number of stringent regulations from government authorities as well as rising customer inclination towards safe vehicles are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a volatile cost of raw materials impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Automotive Passive Safety System Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of safety regulations from government authority and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of automotive sector and increasing adoption of stringent vehicle safety norms in the region, would create lucrative growth prospects for the global Automotive Passive Safety System Market across the Asia Pacific region.

Major market players included in this report are:
Robert Bosch
TRW Automotive
Hyundai Mobis
Wonder Auto Technology
Key Safety Systems.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Seat Belt
Electronic Control Unit
Steering Wheels
By Vehicle Type
By Sales Channel
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Automotive Passive Safety System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Automotive Passive Safety System Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Automotive Passive Safety System Market, by Product Type, 2020-2028 (USD Million)
1.2.3. Global Automotive Passive Safety System Market, by Vehicle Type, 2020-2028 (USD Million)
1.2.4. Global Automotive Passive Safety System Market, by Sales Channel, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Passive Safety System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Passive Safety System Market Dynamics
3.1. Automotive Passive Safety System Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Rising automotive sector worldwide. Increasing incidences of road traffic injuries. Recent collaboration from leading market players.
3.1.2. Market Challenges Volatile cost of raw materials.
3.1.3. Market Opportunities Growing number of stringent regulations from government authorities. Rising customer inclination towards safe vehicles.
Chapter 4. Global Automotive Passive Safety System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Automotive Passive Safety System Market, by Product Type
6.1. Market Snapshot
6.2. Global Automotive Passive Safety System Market by Product Type, Performance – Potential Analysis
6.3. Global Automotive Passive Safety System Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
6.4. Automotive Passive Safety System Market, Sub Segment Analysis
6.4.1. Airbag
6.4.2. Seat belt
6.4.3. Electronic control unit
6.4.4. Steering wheels
Chapter 7. Global Automotive Passive Safety System Market, by Vehicle Type
7.1. Market Snapshot
7.2. Global Automotive Passive Safety System Market by Vehicle Type, Performance – Potential Analysis
7.3. Global Automotive Passive Safety System Market Estimates & Forecasts by Vehicle Type 2018-2028 (USD Million)
7.4. Automotive Passive Safety System Market, Sub Segment Analysis
7.4.1. Passenger Vehicle
7.4.2. Commercial Vehicle
Chapter 8. Global Automotive Passive Safety System Market, by Sales Channel
8.1. Market Snapshot
8.2. Global Automotive Passive Safety System Market by Sales Channel, Performance – Potential Analysis
8.3. Global Automotive Passive Safety System Market Estimates & Forecasts by Sales Channel 2018-2028 (USD Million)
8.4. Automotive Passive Safety System Market, Sub Segment Analysis
8.4.1. OEM
8.4.2. Aftermarket
Chapter 9. Global Automotive Passive Safety System Market, Regional Analysis
9.1. Automotive Passive Safety System Market, Regional Market Snapshot
9.2. North America Automotive Passive Safety System Market
9.2.1. U.S. Automotive Passive Safety System Market Product Type estimates & forecasts, 2018-2028 Vehicle Type estimates & forecasts, 2018-2028 Sales Channel estimates & forecasts, 2018-2028
9.2.2. Canada Automotive Passive Safety System Market
9.3. Europe Automotive Passive Safety System Market Snapshot
9.3.1. U.K. Automotive Passive Safety System Market
9.3.2. Germany Automotive Passive Safety System Market
9.3.3. France Automotive Passive Safety System Market
9.3.4. Spain Automotive Passive Safety System Market
9.3.5. Italy Automotive Passive Safety System Market
9.3.6. Rest of Europe Automotive Passive Safety System Market
9.4. Asia-Pacific Automotive Passive Safety System Market Snapshot
9.4.1. China Automotive Passive Safety System Market
9.4.2. India Automotive Passive Safety System Market
9.4.3. Japan Automotive Passive Safety System Market
9.4.4. Australia Automotive Passive Safety System Market
9.4.5. South Korea Automotive Passive Safety System Market
9.4.6. Rest of Asia Pacific Automotive Passive Safety System Market
9.5. Latin America Automotive Passive Safety System Market Snapshot
9.5.1. Brazil Automotive Passive Safety System Market
9.5.2. Mexico Automotive Passive Safety System Market
9.6. Rest of The World Automotive Passive Safety System Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Autoliv Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Robert Bosch
10.2.3. Continental
10.2.4. TRW Automotive
10.2.5. Hella
10.2.6. Hyundai Mobis
10.2.7. Hyosung
10.2.8. Tomkins
10.2.9. Wonder Auto Technology
10.2.10. Key Safety Systems
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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