TechNavio today launched its report Global Automotive Safety System Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers and understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said; ”One of the major trends in this market is the increase in automobile sales. The Global Light Vehicle market is expected to increase massively by 2020. This steady growth will propel the demand for automotive safety systems.”
According to the report, one of the major drivers is the increasing demand for safety among end-users, which has increased the demand for better safety systems in automobiles.
Further, the report also discusses that the increasing cost of raw materials and wages is one of the major challenges faced by the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-automotive-safety-system-market-2011…
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TechNavio Announces the Publication of its Report – Global Automotive Safety System Market 2011-2015
