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Automotive Whiplash Protection System (WPS) Market Trend, Opportunities & Competition Tracking till 2022

05-22-2018 03:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of automotive whiplash protection system market. The study is titled as “Automotive Whiplash Protection System (WPS) Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global automotive whiplash protection system market.

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According to a study by Fact.MR, the global market for automotive whiplash protection system (WPS) is likely to experience strong growth. The market is projected to bring in US$ 2,336.4 million revenue by 2022 end. With the introduction of various rules and standards for vehicle safety in various countries and the increasing importance of vehicle safety ratings across the globe are some of the major factors resulting in the implementation of automotive whiplash protection system in the vehicles.

3 Forecast Highlights on Global Automotive Whiplash Protection System (WPS) Market

1. North America is expected to remain dominant in the global automotive Whiplash Protection System (WPS) market. By the end of 2022, North America automotive WPS market is estimated to surpass US$ 700 million. Owing to the government introducing regulations and safety standards for the automotive industry, hence, majority of manufacturers are implementing safety systems in vehicles. This is driving the automotive WPS market in North America.

2. Europe is expected to emerge as the second most lucrative market. Recent advances in the vehicle safety rating system in the region is contributing to the growth of the automotive WPS market in Europe.

3. Reactive head restraints-RHR system is expected to the most preferred automotive whiplash protection system. By the end of 2022, reactive head restraints system is estimated to reach nearly US$ 600 million revenue. Meanwhile, pendulum system is also expected to show impressive growth during the forecast period.

High Sales through Original Equipment Manufacturer (OEM)

Original Equipment Manufacturer (OEM) is likely to be the most lucrative sales channel. Sales of automotive whiplash protection system through OEM is estimated to bring in more than US$ 2,000 million by 2022 end. Although aftermarket sales channel is also expected to experience healthy growth.

Compact Passenger Cars to Gain Maximum Share

Compact passenger cars are likely to be the largest deployer of the automotive whiplash protection system. Gaining nearly one-third of the share in terms of the revenue by 2017 end, compact passenger cars are projected to create more than US$ 200 million incremental opportunity during 2017-2022.

Reactive Head Restraints (RHR) to be the Highly Preferred System

Compared to various systems in the automotive whiplash protection system, the reactive head restraints-RHR system is likely to be the highly preferred system. Towards 2022 end, the reactive head restraints-RHR system is projected to exceed US$ 500 million value.

Browse Full Report with TOC- https://www.factmr.com/report/301/automotive-whiplash-protection-system-market

Table of Content:

1. Global Automotive Whiplash Protection System (WPS) Market – Executive Summary

2. Global Automotive Whiplash Protection System (WPS) Market Overview
2.1. Introduction
2.1.1. Global Automotive Whiplash Protection System (WPS) Market Taxonomy
2.1.2. Global Automotive Whiplash Protection System (WPS) Market Definition
2.2. Global Automotive Whiplash Protection System (WPS) Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Whiplash Protection System (WPS) Market Y-o-Y Growth
2.3. Global Automotive Whiplash Protection System (WPS) Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Automotive Whiplash Protection System (WPS) Market Analysis and Forecast By System Type
3.1. Global Automotive Whiplash Protection System (WPS) Market Size and Forecast By System Type, 2012-2022
3.1.1. Reactive head restraints – RHR Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Pendulum System Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued………

Check Discount on This Report- https://www.factmr.com/connectus/sample?flag=D&rep_id=301

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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