The Asia Pacific Automotive Active Safety System Market would witness market growth of 16.2% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Automotive Active Safety System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,164.2 million by 2031. The Japan market is registering a CAGR of 15.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 16.9% during (2024 - 2031).
Integrating sophisticated technologies such as radar, LiDAR, cameras, and artificial intelligence has propelled the adoption of active safety systems. Innovations in sensor technology and machine learning algorithms have improved the accuracy and reliability of these systems, making them more appealing to both manufacturers and consumers.
Moreover, the cost of manufacturing and integrating active safety systems has decreased as technology advances. Economies of scale have allowed these systems to be incorporated into a wider range of vehicle models, from high-end luxury cars to more affordable mainstream vehicles.
The Chinese government has significantly increased funding for research and development in autonomous vehicle technologies. This investment supports the development of advanced automotive active safety systems, such as advanced sensors and AI-driven safety features. According to the International Trade Administration (ITA), by 2025, partial and conditional automation vehicles are expected to account for over 50% of new vehicle sales in China. The Chinese government has also set certain goals for the ICV industry by 2030. Initiatives like the “Made in China 2025” plan and various strategic innovation programs emphasize autonomous driving and active safety technologies.
Free Valuable Insights: The Global Automotive Active Safety System Market is Predict to reach USD 38.3 Billion by 2031, at a CAGR of 15.6%
Based on Propulsion Type, the market is segmented into ICE and Electric. Based on Sensor Type, the market is segmented into Radar Sensor, Camera Sensor, and Lidar Sensor. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Buses & Coaches. Based on Type, the market is segmented into Adaptive Cruise Control, Tire-pressure Monitoring System, Lane Departure Warning, Night Vision System, Antilock Braking System, Blind Spot Detection, Driver Monitoring, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Propulsion Type
By Sensor Type
By Vehicle Type
By Type
By Country
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