Market Share of Automotive Safety Systems Industry
The automotive safety systems market is highly competitive and fragmented, with safety systems manufacturers and OEMs competing. Some of the major players dominating the market are Continental AG, Robert Bosch, ZF Friedrichshafen AG, Denso Corp., Magna International, and Hyundai Mobis, Autoliv. For instance,
In August 2021, Robert Bosch (Bosch) established an automotive research and development center in Limerick, UK. The focus of the activities in Limerick will be on semiconductor products as well as automotive electronics. Initial development at the facility will include integrated circuits (IC) for adaptive cruise control and radar technologies for automated driving.
In December 2021, Behr-Hella Thermocontrol GmbH (BHTC), a joint venture between MAHLE Behr GmbH & Co. KG and Hella, announced a partnership to offer the world's first solution that combines outstanding HMI (Human-Machine Interface) technology with advanced driver and occupant monitoring. BHTC's display and climate control products can be equipped with cameras that observe driver drowsiness and distraction, as well as sudden sickness, and will issue warnings.
In October 2019, ZF at the North America Commercial Vehicle Show in Atlanta announced that it plans to roll out its OnTrax driver-assist platform with an OE partner. OnTrax Lane Keeping Assist (LKA) uses a forward-facing camera to find lane markings. OnTrax offers additional capabilities with the addition of short-range radar, including lane change and city drive assist.
Automotive Safety System Market Leaders
Continental AG
ZF Friedrichshafen AG
Magna International
Robert Bosch GmbH
Autoliv Inc.
*Disclaimer: Major Players sorted in no particular order
