Car Safety Market: Automotive and Transportation and Forecast (2024-2030) Trends, Statistics and Dynamics

The increasing demand for electric vehicles is expected a significant growth in the car safety market during the forecast period. Electric vehicles require safety features such as adaptive cruise control (ACC), blind spot warning, auto braking, and lane assist, which drive the market. Electric vehicle manufacturers are leveraging the unique characteristics of electric platforms to enhance vehicle safety, like the lower center of gravity, which enhances structural gravity. With the increasing technological advancements in the automotive industry, consumers are willing to spend more on the latest technologies that enhance the driving experience and increase driver and passenger safety.