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Automotive Pedestrian Protection Systems (PPS) Market Growth Factors, Top Leaders ZF Friedrichshafen AG, Autoliv, Mobileye N.V., Subaru, Valeo, Honda Motor

04-02-2020 03:29 PM CET | Tourism, Cars, Traffic

Press release from: Coherent Market Insights

Automotive Pedestrian Protection Systems

Automotive Pedestrian Protection Systems

Increasing inclination of consumers towards safe, comfortable, and convenient automobile systems is driving growth of the market. Furthermore, high prevalence of road accidents is fueling growth of the market. Therefore, such factors are propelling demand for stringent regulations by government regarding Antilock Braking Systems (ABS), Advanced Driver Assistance Systems (ADAS), Electronic Brake-Force Distribution (EBD), Tire Pressure Management Systems (TPMS), and airbags across the globe to enhance user safety. For instance, in 2008, the U.S. Congress Transport Recall Enhancement, Accountability and Documentation (TREAD) Act mandated the deployment of tire pressure monitoring system (TPMS) technology in all passenger vehicles to enhance driver and passenger safety by means of a dashboard warning system.

The report draws an attention to key players details such as corporate profiles, product price, sales, revenue, and product specification. Then it gives special importance to the dealers, distributors, marketing network, and forecast. The ending part of this report shades light on the market landscape and its growth prospects over the coming years. Automotive Pedestrian Protection Systems (PPS) Market report also covers all the regions and countries of the world, which shows a regional development status.

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Major Keyplayers Like : Audi AG

Volvo Car Corporation
Continental AG
Robert Bosch GmbH
Toyota Motor Corporation
ZF Friedrichshafen AG
Autoliv Inc.
Mobileye N.V.
Subaru Corporation
Valeo
Honda Motor Co., Ltd.,
General Motors
Ford Motor Company
Daimler AG
Denso Corporation
Nissan Motor Corporation
BMW AG
Magneti Marelli SpA.
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Key Trends and Analysis of the Global Automotive Pedestrian Protection Systems Market:

Among technology type, passive pedestrian protection system segment dominated global automotive pedestrian protection systems market with 93.77% share in 2016 and is expected to retain its dominance over the forecast period. This growth is attributed to increasing demand for advancement in technology in automotive industry, which includes autonomous emergency braking (AEB) system, advanced driver assistance systems (ADAS), airbags, and others, due to increasing number of regulations by government for the adoption of pedestrian protection systems.

For instance, from October 2017, Ministry of Road Transport and Highways has made airbags mandatory for all new car models and clearance of frontal and side crash tests along with pedestrian protection tests. Moreover, according to road transport ministry of India, all passenger cars are mandated to install anti-lock braking system from April 2019. These factors are expected to propel demand for automotive pedestrian protection system market over the forecast period.

Among vehicle type, electric and hybrid vehicles segment is expected to grow at a high CAGR of 25.01% over the forecast period. The growth is attributed to deployment of automotive embedded systems in emerging telematics products and in-vehicle infotainment. Moreover, the requirement for improving vehicle performance, safety, and emission control are the factors driving growth of the market growth.

Asia Pacific automotive pedestrian protection system market is projected to exhibit the highest CAGR with 20.84 % over the forecast period.

Increasing vehicle manufacturing and high demand for electric vehicles in economies such as China and Japan are expected to drive growth of the regional market. According to the International Energy Agency's Global EV Outlook, China led the electric vehicles market in 2016, accounting for sell of over 40% electric cars worldwide, which includes over 200 million electric two-wheelers and over 300,000 electric buses.

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Key Highlights of the Table of Contents:

Automotive Pedestrian Protection Systems (PPS) Market Study Coverage:It includes key manufacturers covered, key market segments, the scope of
products offered in the global Colposcopy market, years considered, and study objectives. Furthermore, it
touches the segmentation study provided in the report on the basis of the type of product and applications.

Automotive Pedestrian Protection Systems (PPS) Market Executive Summary: This section emphasizes on the key studies, market growth rate,
competitive landscape, market drivers, trends, and issues in addition to the macroscopic indicators.

Automotive Pedestrian Protection Systems (PPS) Market Production by Region: The report provides information related to import and export,
production, revenue, and key players of all regional markets studied are covered in this section.

Automotive Pedestrian Protection Systems (PPS) Market Profile of Manufacturers: Analysis of each market player profiled is detailed in this
section. This also provides SWOT analysis, products, production, value, capacity, and other vital factors of
the individual player.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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