Automotive Safety System Market to Grow by USD 2.19 Billion by 2028

The global automotive active safety system market size is estimated to grow by USD 2.19 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.31% during the forecast period. Increase in safety concerns is driving market growth, with a trend towards growing development of ai-enabled adas solutions. However, slowdown in automobile manufacturing poses a challenge. Key market players include Aptiv Plc, Autoliv Inc., Continental AG, DENSO Corp., Faurecia SE, Infineon Technologies AG, Joyson Safety Systems Aschaffenburg GmbH, Knorr Bremse AG, Lear Corp., Magna International Inc., Mobileye Technologies Ltd., Ningbo Jifeng Auto Parts Co. Ltd., Robert Bosch GmbH, Samsung Electronics Co. Ltd., TomTom NV, Toyoda Gosei Co. Ltd., Valeo SA, Veoneer Inc., Visteon Corp., and ZF Friedrichshafen AG.

More Information : https://www.techdogs.com/tech-news/pr-newswire/automotive-active-safety-system-market-size-is-set-to-grow-by-usd-219-billion-from-2024-2028-increase-in-safety-concerns-boost-the-market-technavio