Automotive pedestrian protection system Market Complete Future Analysis On Continental AG, Denso Corporation, Magneti Marelli SpA, Ford Motor Company, Nissan Motor Corporation & more

Market Study Report recently introduced Latest Automotive pedestrian protection system market has recoded remarkable growth lately as the number of pedestrian deaths due to motor vehicle crashes have been on the rise not only due to the growing number of vehicles on the roads but also due to distracting factors like smartphones.

For instance, the Governors Highway Safety Association of U.S. reported that nearly 6,000 pedestrians were killed in 2017, a number that remained almost unchanged from the estimated number of pedestrian deaths in 2016. The nonprofit organization declared that the figures have been shockingly alarming and that traffic safety has to be made more stringent. But the automotive industry has stepped further to ensure pedestrian safety and many vehicles now come equipped with cameras, sensors, radars and screen displays that enable object detection with greater accuracy and evasion of accidents.

Request a sample of this premium report: https://www.marketstudyreport.com/request-a-sample/1230580

Automotive Pedestrian Protection System Market Size By Product (Active, Passive), By Vehicle (Passenger Cars, Commercial Vehicles, Electric & Hybrid Vehicles), By Distribution Channel (OEM, Aftermarket)to the Automotive segment of its online reports store.

In the U.S., the legalization of recreational marijuana in seven states has also been held as a reason for the rise of pedestrian causalities as between 2012 and 2016 and in the first half of 2017, these states have experienced a collective rise of over 16.4% in pedestrian causalities while the other states recorded a combined decrease of 5.8%.

Consumers are therefore requesting for better pedestrian protection technology which has driven OEMs to integrate models with superior obstacle detection and emergency braking systems. Such improved systems have led OEMs to garner better safety ratings in car safety assessment programs. OEMs producing vehicles with higher safety ratings have recorded better sales records thus inspiring more auto manufacturers to include pedestrian safety features in their vehicles and adding a significant growth avenue to the automotive pedestrian protection system market.

Effective working of safety systems requires the vehicle to operate at specified speed limits. Requirement to ensure mitigation of road accidents, these technologies are required to perform efficiently at all speeds. Manufacturers have made substantial development in the detection technologies to provide improved customer safety. Moreover, high cost associated with the deployment and replacement of the passive technologies once activated will hinder the automotive pedestrian protection system market growth.

NHTSA and IIHS approved the alliance of 20 automakers for implementing safety technologies incorporating automatic emergency braking and collision avoidance system as standard in all new cars by 2022. Introduction of stringent government regulations and vehicle safety standards for ensuring user and passenger safety will present potential growth opportunities for the automotive pedestrian protection market through the forecast period.

Passive automotive pedestrian protection system market is expected to continue its dominance through the forecast period. This can be attributed to high adoption of passive safety in passenger vehicles and applications for reduction in impact of frontal collisions. This includes external airbags and pop-up hoods which gets activated on collision and aids in reducing the severity of impact on the victim’s body.

Request a discount on standard prices of this premium report: https://www.marketstudyreport.com/check-for-discount/1230580

Passenger car accounted for the largest automotive pedestrian protection system market share by volume in 2017. High deployment of these active and passive safety in these vehicles is expected to fuel the industry growth. GM, Daimler, Volvo, Ford, Toyota and Honda are some key OEM’s that have already deployed these advanced safety technologies in several car models.

Commercial vehicles have wider blind spots owing to their relatively large size to passenger cars. Moreover, design factors of these vehicles prohibit the deployment of passive systems in these vehicles. However, vehicle manufactures including Daimler, Volvo and Subaru have started integrating their vehicles with active safety technologies which will present viable growth landscape over the forecast period.

Based on the distribution channels, OEMs will continue its dominance in the automotive pedestrian protection system market share through the forecast timeframe. Efficient detection and accident prevention capabilities at steep turns and bad ambient light in conjunction with the robust components for increased durability will drive the technology deployment.

Major automotive pedestrian protection system market participants include ZF Friedrichshafen AG, Continental AG, Denso Corporation, Magneti Marelli SpA, Ford Motor Company, Nissan Motor Corporation, Honda Motor Co. Ltd., Volvo Car Corporation, Audi AG, General Motors, Robert Bosch GmbH, Toyota Motor Corporation, Daimler AG, Subaru Corporation and Valeo.

Industry participants are expected to emphasize on improving the active safety detection ability for providing precise information aiding in reduction of fatalities. For instance, in 2011, TRW introduced its advanced detection systems integrated with automatic emergency braking for reducing the probability of collision.

Complete report: https://www.marketstudyreport.com/reports/automotive-pedestrian-protection-system-market

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/

This release was published on openPR.