As the automotive landscape accelerates toward autonomous, connected and electric mobility, Automotive Safety Systems are emerging as more than regulatory requirements—they are now important enablers of trust, performance, and innovation. The safety systems market, estimated at USD 140.5 billion in 2024, is projected to surpass USD 210 billion by 2032, growing at a CAGR of 8.45%, driven by increasing adoption of advanced driver-assistance systems (ADAS), active safety technologies, passive restraints, LiDAR, radar fusion, and vehicle telematics. Asia-Pacific dominated regional growth, holding over 40% market share, fueled by China’s low-cost production, India’s safety mandates, and strong EV adoption, while North America and Europe see heightened demand for sensor-based safety systems, collision avoidance technologies, and electronic stability control (ESC).
Safety Systems overview
Published by MMR Statistics Research Team, Updated