Growth at a CAGR of over 30% in the Pedestrian Detection Systems Market during the forecast period (2018-2023)| Dominant Players – TOYOTA, VOLVO, BMW, FLIR, MERCEDES, MOBILEYE, DELPHI, BOSCH, TRW, DENSO, amongst others

Market Analysis:

European Market to Dominate
In some of Europe’s largest cities, the pedestrian and cyclist traffic makes up between 20-40% of all travel in heavily populated areas. In the United States, this number jumped to a staggering 75%. Therefore, Europe and the US form the major markets for pedestrian detection technology. The largest market for automotive sensors is Europe, while the highest growth is witnessed in the Asia-Pacific region.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/15957
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

The pedestrian detection system automatically scans the road ahead and sends notifications to pedestrians and warnings to the drivers if the pre-decided distance is not maintained. The pedestrian detection system forms a part of the advanced driving assistance systems (ADASs) since they help the driver in checking accidents and provide safer driving circumstances. Stringent regulations in developing countries provide an opportunity for the growth of pedestrian detection systems. With the advent of autonomous cars, the demand for research & development in the pedestrian detection systems has increased. Apart from the rules imposed by the government, high disposable incomes and demand for cars with such advanced features also drive the pedestrian detection market.

Request Discount on this report @ https://marketprognosis.com/discount-request/15957
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

Market Segments:
Pedestrian Detection Systems Market is segmented by:
1. Type: Video, Infrared, Hybrid, Others
2. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market:
• March 2017: Ford introduces tech that can automatically brake for pedestrians at night; the system scans the road ahead u2013 and pavement for people who might step into the road. The same will be implemented on the next-generation Fiesta in Europe. In North America, the new technology will debut on the 2018 Ford F-150 and 2018 Ford Mustang.
• November 2017: Apple reveals a new solution, VoxelNet, which uses complex computer vision and artificial intelligence to carry out pedestrian detection function.

Enquiry before Buying @ https://marketprognosis.com/enquiry/15957
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.