ID: MRFR/AM/4493-CR | 100 Pages | Published By Swapnil Palwe on February 2020
The current global market size of automotive pedestrian protection system is valued at over USD 900 Mn. The market is projected to exhibit a compound annual growth rate of 9% during the assessment period (2022-2030).
The number of pedestrians losing live in road accident remains significant despite the increased realization of the magnitude of the problem. In terms of solutions that are currently available, the gap is yet to be bridged, which also indicates towards a massive untapped market. While many of the players operating in the automotive sector have increased their focus on developing effective pedestrian protection systems, others are likely to follow soon. The current global market size of automotive pedestrian protection system is valued at over USD 900 Mn. The market is projected to exhibit a compound annual growth rate of 11.80% during the assessment period (2022-2030). New systems are being introduces by developers, which is enabling them to better compete in the market. At the same time, emphasis is being placed on redesigning automotive parts such as hood (bonnet), windshield, pillar, and bumper to make them more energy absorbing (softer) without compromising the structural integrity of the car.
This MRFR market perspective delivers a detailed commentary on the global market for automotive pedestrian protection system. It also sheds light on the current market trends as well as gives a viewpoint on the historical growth pattern of the market and its prospects over 2030. The scope of the research also covers the two major automotive pedestrian protection systems (active pedestrian protection system and passive pedestrian protection system). Market sizing also includes revenue analysis based on sensor, actuator, control unit, cameras and others. The different types of automotive PPS mentioned in the research document include automatic braking and collision avoidance, brake assist, external airbags and pop-up bonnets. Market assessment was also made on the basis of the different vehicle types (internal combustion engine (ICE) vehicles, electric vehicles and hybrid vehicles).
Value, Market Share, Player Analysis, country level break down for each segment
Robert Bosch GmbH, Aptiv PLC, Continental AG, Autoliv Inc, DENSO, Magna International Inc, ZF, Mobileye, WABCO Holdings, Inc, Valeo, Nissan Motor Company Ltd, AB Volvo, Subaru Corporation.
The report offers insights on the leading market players and evaluates their current market share. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
Market Research Future (MRFR) leverages its in-house network of expert analysts who, with the help of robust algorithms and fail-safes methodologies derive reliable and insightful market forecast. The market facts presented in our reports are backed by primary and secondary research inputs, which include interviews with industry opinion holders, questionnaires, surveys, SEC filings, whitepaper references, and, annual reports published. Top-down and bottom-up approaches are employed to ensure the credibility of the market foresight. Our analysts evaluate every microeconomic and macroeconomic factor associated with the market for a reliable assessment of the changing trends. A multi-layer verification process validates the authenticity of our research findings. MRFR strives to reveal market opportunities and threats for enabling our clients to devise their next growth strategy.
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for automotive pedestrian protection system
By Component Type
By Vehicle Type
|CAGR||11.80% CAGR (2022-2030)|
|Forecast Period||2022 to 2030|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Technology, By Application, By Vehicle type, By End Market,|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Robert Bosch GmbH, Aptiv PLC, Continental AG, Autoliv Inc, DENSO, Magna International Inc, ZF, Mobileye, WABCO Holdings, Inc, Valeo, Nissan Motor Company Ltd, AB Volvo, Subaru Corporation.|
|Key Market Opportunities||Stringent laws|
|Key Market Drivers||Growing sales of automobiles|
Magna International Inc., Autoliv Inc., and Nissan Motor Company are restructuring the overall market.
A CAGR of 11.80 % is predicted to be witnessed in the market?
sensors, radar systems, external airbags, cameras, and pop-up bonnets are the product solutions existing in the market.
The North American region is foreseen, holding a major share of the overall market.
The surge in vehicular traffic is estimated to lift the market in the approaching period.
The segments in the market are technology, type, vehicle type, component type, and region.
By 2023, the earnings worth USD 2,143.3 Mn are estimated to be achieved by the market.