Automotive Pedestrian Protection System Market | BMW, Magneti Marelli, Audi, Autoliv, Continental, Daimler, Denso, Ford Motor, General Motors, Honda Motor, Mobileye, Nissan Motor, Robert Bosch, Toyota Motor, Valeo, Volvo Car, ZF Friedrichshafen AG

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.

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Active technologies are expected to witness highest growth rate owing to the requirement to detect the human movement and warn the user or evade the accident through integrating with the steering control. This helps in eliminating the possibility of collision in time. Moreover, requirement to detect obstacles in bad lighting or steep turns is expected to provide strong growth prospects for automotive pedestrian protection system market through the forecast period.

Introduction of stringent regulations and vehicle standards regarding the vehicle design and technologies to ensure human safety in new motor vehicles will provide strong growth prospects for the automotive pedestrian protection system market. For instance, a coalition of 20 automakers, Insurance Institute for Highway safety and National Highway Traffic Safety Administration approved safety technologies that will include collision avoidance and automatic emergency braking system as standard in new cars by September 2022, and heavy-duty trucks by 2025.

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.

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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.

Introduction of advanced radar system, emergency braking system and increasing strictness of safety norms across the countries are fueling the automotive pedestrian protection system market demand. For instance, in July 2016, Indian government had proposed manufacturers to deploy frontal safety technologies and proposed formulation of safety rating framework for different vehicle models. This safety test will include compulsory minimum pedestrian protection score requirement for the newly manufactured car models. Moreover, ability of these systems to perform efficiently in extreme weather conditions will propel the automotive pedestrian protection system market share from 2018 to 2024.

Efficient operation of these system requires the vehicles to operate in specific speed range. This is expected to be among the major technological challenge as reducing the speed at higher rates will endanger the user and passenger’s life. Manufacturing companies are making significant efforts to overcome these limitations to provide improved safety. Moreover, high cost associated with the product manufacturing, consumer availability and replacement of passive systems once activated will hamper the automotive pedestrian protection system market growth.

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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.

Europe automotive pedestrian protection system market accounted for over 45% market share in 2017, is expected to hold its dominance through the forecast period. High inclination of consumers towards safety technologies and significant presence of premium car manufacturers are expected to drive the regional growth.

Key Companies in the Automotive Pedestrian Protection System Market include Audi AG, Autoliv Inc., BMW AG, Continental AG, Daimler AG, Denso Corporation, Ford Motor Company, General Motors, Honda Motor Co., Ltd., Magneti Marelli SpA., Mobileye N.V., Nissan Motor Corporation, Robert Bosch GmbH, Subaru Corporation, Toyota Motor Corporation, Valeo, Volvo Car Corporation, ZF Friedrichshafen AG.

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