Press release
Automotive Occupant Sensing System Market 2018 Key Players are Lutron Electronics, Leviton Manufacturing, Texas Instruments, Hyundai Mobis, Key Safety Systems, Volvo AB
Automotive Occupant Sensing System Market
Automotive Occupant Sensing System Market to grow at significant rate over the forecast timeline. Capability to sense the positioning and classification of the passenger sitting on the vehicle seat is the biggest advantage of these systems. Moreover, they help the airbag system and controls the amount of intensification an airbag requires, while any sort of accident takes place while driving. Passenger safety is the utmost responsibility of any company.
Safety norms, technological advancements and new car assessment program (NCAP) that gives safety ratings according to the performance. High usage of occupant sensing in commercial sector includes offices, classrooms, and corridors for saving energy and enhanced delivery of performance will further impact the industry growth positively.
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Technology used in occupant sensing systems directly connects the device with the internet to facilitate data transfer over network. Using smart sensors and technology is helping the companies as well as the customers save money on their energy bills. Proper information will help the airbag to function properly and save the person. Currently, all the vehicles are equipped with the airbag system.
Top Key Players:-
The key players of global Automotive Occupant Sensing System Market are Lutron Electronics, Leviton Manufacturing Company, Texas Instruments, Hyundai Mobis Co, Key Safety Systems Inc and Volvo AB.
Regional Segmentations:-
North America is anticipated to dominate the industry over the next eight years. stringent regulatory norms regarding passenger safety will primarily drive the region’s growth. For instance, U.S. Department of Transportation (DoT) will rate the manufacturers according the safety & security which will make it tougher for the companies to achieve the top ratings.
Asia Pacific will witness a significant growth owing to implementation of safety measures in developing countries including Thailand, China and India. These regulations and rising consumer awareness for safety is increasing the vehicle sales and simultaneously escalating the demand for automotive occupant sensing system market in the region. Europe will grow owing to presence of numerous product suppliers in the region.
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Automotive sensing starts with securing data on key vendors. The vendors offering are also analyzed for the market segmentation. The stringent safety norms have compelled the manufacturers to provide occupant sensing system in the vehicles. Rising disposable income level has encouraged the people to invest for their safety and security. Environmental factors such as clothing can affect the sensor performance.
Sensors used in vehicles such as sensor for temperature, position sensor, speed and pressure sensor etc. are implemented for safety measures. Automotive occupancy sensors are adjusted automatically. They decrease the maintenance cost. The new wireless sensors provide ease in installation.
Industry is divided by mounting location into passenger side and driver side occupant sensing system. Some of the vehicles are consists of child seat occupant sensing system. These sensors are majorly found in commercial vehicles and its other applications are used in airplanes, light and heavy commercial vehicles.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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