Automotive Pedestrian Protection System Market 2018 Leading Players Analysis: Bosch, Aptiv, Continental, Autoliv, Denso, Magna, ZF Friedrichshafen, Mobileye, WABCO, Subaru Corporation, Valeo, And Nissan Motor

Automotive Pedestrian Protection System Market Research Report 2018 - Global Forecast to 2023, is latest Global Automotive Pedestrian Protection System Market Analysis Report, published by “Market Research Future”. Global Automotive Pedestrian Protection System industry will register 18% growth during the forecast period 2018 to 2023. Report provides comprehensive information on Automotive Pedestrian Protection System Market Size, Share, Trends, Growth, and Regional forecast, historic, and current industry statistics with key country outlook.

Key Company in Automotive Pedestrian Protection System Market Analyzed Are:

Robert Bosch GmbH (Germany), Aptiv PLC (U.K.), Continental AG (Germany), Autoliv Inc. (Sweden), Denso Corporation (Japan), Magna International Inc. (Canada), and ZF Friedrichshafen AG (Germany). Mobileye (Israel), WABCO Holdings, Inc. (Belgium), Subaru Corporation (Japan), Valeo (France), Nissan Motor Company Ltd. (Japan), Volvo Cars (Sweden), and General Motors Company (U.S.) are among others.

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Market Highlights:

The automotive industry is witnessing rapid growth, and there are more vehicles on the road across the world than ever before. This has led to the recognition of an increased requirement for relevant security measures to ensure the protection of pedestrians. According to Market Research Future (MRFR), the global automotive pedestrian protection system (PPS) is projected to display an above average CAGR of 11.80% during the forecast period of 2016 to 2023. MRFR further projects the market is likely to grow to surpass the USD 2000 Mn mark by the end of the assessment period.

The increase in vehicular traffic has led to an escalating number of road accidents thus emphasizing the need for effective safety mechanisms on the road. Government and associated road safety authorities recognize this pattern and have implemented stringent laws to protect pedestrians. Penal action is taken against car drivers who are reckless or cause loss of human life, thus driving the growth of the automotive PPS market as the demand grows.

PPS solutions are available in various forms and types. However, the cost of manufacturing and installation is high due to the need for customization. These systems and various parts must be designed according to the vehicle model. Moreover, these systems have a long way to go with regards to accuracy and have limitations which can cause system failure. These systems are highly complex and are under development. With technological advancements and heavy R&D investments, the market is headed toward opportunity and is likely to expand over the assessment period.

Market Segmentation:

MRFR's segmental evaluation of the automotive PPS markets has been done based on technology, component type, type, vehicle type, and region. By technology, the market is segmented into active pedestrian protection system and passive pedestrian protection system.

By component type, the market is segmented into sensor, actuator, control unit, cameras, and others. The battery segment is set to grow at the highest CAGR while sensors make up the most significant segment in the market.

By type, the market is segmented into automatic braking & collision avoidance, brake assist, external airbags, and pop-up bonnets.

By vehicle type, the market is segmented into internal combustion engines (ICE), electric vehicles, and hybrid vehicles. Although ICE vehicles account for the largest segment, the hybrid vehicles segment is growing rapidly as the demand for vehicles which use clean energy is growing. Globally, the market is divided into North America, Europe, the Asia Pacific and the Rest of the World.

Regional Analysis:

The Asia-Pacific region is growing at a swift pace and is expected to experience a CAGR of 12.28% during the forecast period. Urbanization and increasing per capita income in the emerging economies of the region have led to premiumization. Most vehicle purchase decisions are influenced by the level of safety and technological advances that the vehicle offers.

Consumers in the region due to premiumization are driving increased sales for automotive vehicles, which in turn has led to an increased demand for automotive PPS. Additionally, the region has a truly massive population, among which pedestrians are high in number, thus driving the need for protective measures. The region is also a fast-developing industrial hub which a significant automotive manufacturing sector which is expected to drive significant demand for PPS solutions over the course of the review period.

Meanwhile, North America is the most significant segment with the largest share. The existence of a thriving automotive industry and the highly stringent laws regarding pedestrian safety have driven the adoption of PPS. Several significant players in the region are key to developing advanced PPS solutions which is expected to contribute to market growth.

Industry Developments:

Cepton, in an agreement with Koito Manufacturing, has announced that it is developing a method of integrating its lighting systems with Cepton’s lidar sensors which are expected to offer vantage points from four directions and detect objects which are up to 300 meters away.

The Chevrolet Silverado has added several upgrades to its 2019 model which include brake assist.

Major Table of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

Continued...

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