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(Transportation-News.com, February 23, 2019 ) As per the latest market intelligence report published by Stratview Research, the Automotive Active Safety Sensors Market is anticipated to reach at US$ 18,554.5 million by 2023.
The research studies Automotive Active Safety Sensors Market in the trend period of 2012 to 2017 and forecasted period of 2018 to 2023 under four segments by Vehicle Type (Passenger Car, LCV, and M&HCV), by Sensor Type (Radar Sensor, LiDAR Sensor, Camera Sensor, and Others), by Application Type (Braking System, Adaptive Cruise Control, Blind Spot Detection, Lane Departure Warning and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023
The study finds –
Europe to remain the largest automotive active safety sensors market during the forecast period driving by high adoption of active safety systems to address the stringent regulations of safety standard of Euro NCAP and increasing share of autonomous and semi-autonomous vehicles in the region
Passenger car is expected to remain the growth engine of the market during the forecast period. High production of cars coupled with an increased adoption of active safety systems is driving the segment.
Radar is expected to remain the dominant sensor type in the market during the forecast period.
Braking system is expected to remain the most dominant application type of the market during the forecast period and is also likely to grow at an impressive rate during the same period.
Click here to read the detailed description: https://www.stratviewresearch.com/397/Automotive-Active-Safety-Sensors-Market.html
Go through the TOC: https://www.stratviewresearch.com/toc/397/Automotive-Active-Safety-Sensors-Market.html
The Automotive Active Safety Sensors Market: Highlights
With more than 1 million annual road fatalities worldwide, safety has become paramount importance for the automotive industry. Various safety regulatory organizations, such as NCAP (New Car Assessment Program) and NHTSA (National Highway Traffic Safety Administration), are imposing stringent safety regulations on automakers, which are encouraging automakers to incorporate active safety systems into their new cars. Sensors are nowadays considered a very crucial product for passenger safety as they recognize accident hazards or events in milliseconds. The main function of active safety sensors is to help the driver to control the vehicle to avoid accidents and enhance the driving experience under various road conditions.
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Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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