March 9, 2020

Vehicle Safety Device Market 2020 Industry Share, Size, Technology, Application, Revenue, Top Companies Analysis and 2026 Forecast Research Report

The global vehicle safety device market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global vehicle safety device market includes by Type (Active Safety Systems, Passive Safety Systems, Others), by Application (Commercial Vehicle, Passenger Car), by Sales Channel (OEM, Aftermarket), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

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Vehicle safety device are set of devices which protects the commuters in case of accident. They includes seat belts, harnesses, and inflatable cushions among others.

Stringent vehicle safety regulations from government bodies, growing sales of luxury vehicles, and growing awareness among commuters regarding safety features in vehicle are some of main driving factors for market growth. Development of autonomous vehicle is expected to provide market growth opportunity in forecast period.

The global vehicle safety device market is primarily segmented by type, application, sales channel, and region.

On the basis of type, the market is split into:
* Active Safety Systems
* Passive Safety Systems

Based on application, the market is divided into:
* Commercial Vehicle
* Passenger Car
* Others

Based on the sales channel, the market is segmented into:
* OEM
* Aftermarket

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Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Autoliv
* Takata
* Toyoda Gosei
* Trw Automotive
* Continental
* Delphi Automotive
* East Joy Long Motor Airbag
* Flir Systems
* Hella Kgaa Hueck.
* Hyundai Mobis
* Infineon Technologies
* Neaton Auto Products Manufacturing
* Nihon Plast
* Raytheon
* Tokai Rika
* Wabco.

These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their operation across the globe.
Key Benefits of the Report:
* Global, regional, country, product type, sales channel, and application market size and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on Key players strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, product types, sales channel, and applications with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of vehicle safety device

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Target Audience:
* Vehicle Safety Device manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes