Automotive Pedestrian Protection System Market Size, Share 2019 Global Analysis, Growth, Trends, Competitive Landscape, Segments With Regional Forecast To 2023Posted:
Automotive Pedestrian Protection System Key Companies Analysed: Aptiv PLC, Robert Bosch GmbH, Continental AG, DENSO, Autoliv Inc, Magna International Inc, WABCO Holdings, Inc, ZF, Mobileye, Valeo, AB Volvo, Nissan Motor Company Ltd, and Subaru Corporation, among others.
Get Free Sample Copy of “Automotive Pedestrian Protection System Market 2019 Report” at: https://www.marketresearchfuture.com/sample_request/5949
Global Automotive Pedestrian Protection System Market Highlights:
The automotive pedestrian protection system market is growing pervasively over the past few years. Pedestrian protection systems are garnering massive market prominence worldwide. Increased demand for pedestrian safety features and the rising sales and the production of automobiles defines the landscape of pedestrian protection systems market.
According to Market Research Future (MRFR), the global automotive pedestrian protection system market is expected to grow at an 11.80% CAGR during the assessment period (2018-2023). MRFR states that the market was valued at over USD 900 MN.in the year 2017. The increasing number of accidents taking the lives of pedestrians that remains significant despite the increased road safety regulations is a key driving force behind the growth of the market.
Additional factors, such as the stringent government regulations for pedestrian safety for the all certified electric vehicles are fostering the growth of the market by generating a huge market demand. The increased emphasis on pedestrian safety is encouraging many OEMs to develop in-built safety features for the driver, vehicle, as well as, for pedestrians.
Conversely, factors such as the requirement of high capital investments are impeding the growth of the market. Nevertheless, augmenting demand for safety technologies and the increasing number of automotive unit sale worldwide would support the market growth, increasing the uptake of advanced pedestrian protection systems in the vehicles.
Automotive Pedestrian Protection System Market Segment Analysis:
The report is segmented into five key market dynamics to widen the scope of understanding,
By Technology: Active Pedestrian Protection System and Passive Pedestrian Protection System.
By Type: Automatic Braking & Collision Avoidance, Brake Assist, External Airbags, and Pop-up Bonnets, among others.
By Components Type: Sensor, Actuator, Control Unit, and Cameras, among others.
By Vehicle Types: Internal Combustion Engine (ICE) Vehicles, Electric Vehicles, and Hybrid Vehicles among others.
By Regions: North America, Europe, Asia Pacific, and the Rest-of-the-World.
Automotive Pedestrian Protection System Market Regional Analysis:
North America would remain the largest region in the global automotive pedestrian protection systems market. The high disposable income of the people residing in this region translates to most of the population owning cars and other automotive vehicles. Moreover, stringent regulation in the region regarding pedestrian safety is driving the regional market, creating a huge demand for PPSs.
The US, backed by the presence of one of the largest automotive industries, worldwide, accounts for the major market demand generator in the region. Additional factors leading the growth of the regional market, include substantial technological advancements & their early uptake, rising production of vehicles, and the growing demand for in-built safety features in automobiles, especially in passenger cars.
The European automotive pedestrian protection system market is another lucrative market globally. The presence of a well-established automotive industry in this region creates opportunities for the automotive pedestrian protection market to grow significantly. Europe is the global hub for automotive research and innovation, and the resurging economy is playing a major role in the growth of the regional market.
Countries, such as the UK and Germany, backed by their enormous investments in the automotive pedestrian protection market and related technologies, account as key growth contributors to the regional market growth.
The Asia Pacific automotive pedestrian protection system market is rapidly emerging as a promising market, globally and would further grow at a CAGR of 12.28% over the forecast period. Urbanization and the rising economy have led to the increased purchase of automotive vehicles in the region. The chaotic traffic scenarios in the region are unsafe for pedestrians, which, as a result, creates a huge demand for effective PSS solutions.
There are several key manufacturers, actively involved in research of advanced solutions of PPS. The region has become an automotive manufacturing hub over the years and is expected to drive massive demand for PPS solutions during the forecast period. Increase in the production of vehicles is resulting in increasing the uptake of safety technology for better safety of the drivers. Advancements expected to take place in the safety technology will result in the growth of the pedestrian protection system market in the region.
Automotive Pedestrian Protection System Market Competitive Analysis:
Highly competitive, automotive pedestrian protection system market appears to be diversified due to the presence of numerous well-established players. To stay at the forefront of the competition, these players adopt strategies such as mergers & acquisitions, innovation, and brand reinforcement. Manufacturers of these systems strive to develop low-cost, compact systems, emphasizing on improved hardware and want to offer after-sales services to the end-users.
July 16, 2019 — Mercedes-Benz (Germany), a global automobile marque, announced the development of an Electric vehicle warning sounds to alert pedestrians that can meet the new European Union (EU) legal act. A new EU Directive articulates the installation of the Acoustic Vehicle Alerting System (AVAS) in certified, hybrid, electric and fuel cell vehicles, including trucks and buses for the protection of pedestrians.
Electric vehicle warning sounds are designed to alert pedestrians about the presence and movement of e-drive vehicles, including HEVs, PHEVs, and all-electric vehicles. Special microphones are being installed in the exterior to develop an individually configured e-sound for each electric model. The automotive giant also confirms that its AVAS sound differs for markets like EU, Japan, and China and switching off the AVAS by the customer is prohibited in almost all countries.
List if tables:
TABLE 1 MARKET SYNOPSIS 13
TABLE 2 LIST OF ASSUMPTIONS 16
TABLE 3 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION) 31
TABLE 4 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY COMPONENT TYPE, 2016-2023 (USD MILLION) 34
TABLE 5 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY TYPE, 2016-2023 (USD MILLION) 37
TABLE 6 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION) 40
TABLE 7 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY REGION, 2016-2023 (USD MILLION) 42
TABLE 8 NORTH AMERICA: AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY COUNTRY, 2016-2023 (USD MILLION) 43
TABLE 9 NORTH AMERICA: AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION) 43
TABLE 10 NORTH AMERICA: AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY COMPONENT TYPE, 2016-2023 (USD MILLION) 44
List of Figures:
FIGURE 1 GLOBAL AUTOMOTIVE PEDESTRIAN PROTECTION SYSTEM MARKET: MARKET STRUCTURE 16
FIGURE 2 RESEARCH PROCESS OF MRFR 18
FIGURE 3 TOP DOWN & BOTTOM UP APPROACH 21
FIGURE 4 U.S.: PEDESTRIAN FATALITIES (2013-2016) 24
FIGURE 5 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL AUTOMOTIVE PEDESTRIAN PROTECTION SYSTEM MARKET 27
FIGURE 6 SUPPLY CHAIN: AUTOMOTIVE PEDESTRIAN PROTECTION SYSTEM 28
FIGURE 7 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY TECHNOLOGY, 2017 (%) 30
Browse More information at: https://www.marketresearchfuture.com/reports/automotive-pedestrian-protection-system-market-5949
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
Press Release Distributed by ABNewswire.com
To view the original version on ABNewswire visit: Automotive Pedestrian Protection System Market Size, Share 2019 Global Analysis, Growth, Trends, Competitive Landscape, Segments With Regional Forecast To 2023
Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact email@example.com