The Europe Automotive Active Safety System Market would witness market growth of 15.2% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 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 $2,565 million by 2031. The UK market is exhibiting a CAGR of 14.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 16.2% during (2024 - 2031).
Lane Departure Warning (LDW) systems use cameras to monitor lane markings on the road. The system warns the driver if the vehicle drifts out of its lane without signaling. This application helps prevent unintentional lane departures, which can lead to accidents.
Moreover, If the vehicle begins to stray, Lane Keeping Assist (LKA) systems take it further by actively steering it back into its lane. This system works with LDW, providing warnings and corrective actions to maintain lane position and prevent lane departure accidents.
In response to increasing road accidents, the European Union has implemented stricter regulations and safety standards for vehicles. This includes mandatory integration of advanced safety systems such as lane-keeping assistance and automatic emergency braking in new vehicle models. As per the European Commission, the new Vehicle General Safety Regulation, effective from July 6, 2022, mandates a range of advanced driver assistance systems to enhance road safety and establishes the legal framework for approving automated and fully driverless vehicles in the EU.
Free Valuable Insights: The Global Automotive Active Safety System Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Propulsion Type
By Sensor Type
By Vehicle Type
By Type
By Country
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