Global directory of Vehicle sucurity parts manufacturers and suppliers. Automotive Safety System Market size was valued at USD 101.77 Billion in 2020 and is projected to reach USD 198.96 Billion by 2028, growing at a CAGR of 8.76% from 2021 to 2028. The major factors driving industry growth are the government rules & regulations related to vehicle safety, increasing number of accidents, increasing demand for luxury vehicles, increasing purchasing power of the consumers, and the rise in the demand for the passenger vehicle in the emerging economies are some of the market trends that are expected to support the growth of the market.