Automotive Reactive Head Restraints WPS Market Global Industry Analysis, size, share and Forecast 2021-2031
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Key Highlights from the Automotive Whiplash Protection System Report :
• Elaborated scenario of the parent market
• Transformations in the Automotive Whiplash Protection System market dynamics
• Detailed segmentation of the target market
• Historical, current and forecast of Automotive Whiplash Protection System market size based on value and volume
• Latest industry developments and Market trends of Automotive Whiplash Protection System
• competitive analysis of Automotive Whiplash Protection System Market
• Strategies adopted by the Automotive Whiplash Protection System market players and product developments made
• Potential and niche segments, along with their regional analysis
• Unbiased analysis on market size of Automotive Whiplash Protection System
• Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Some of the Automotive Whiplash Protection System Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:
• Details regarding latest innovations and development in Automotive Whiplash Protection System and how it is gaining customer traction during the forecast period.
• Analysis about the customer demand of the products and how it is likely to evolve in coming years.
• Latest regulations enforced by government bodies and local agencies and their impact on Demand of Automotive Whiplash Protection System Market .
• Insights about adoption of new technologies and its influence on the Automotive Whiplash Protection System market Size.
• Overview of the impact of COVID-19 on Automotive Whiplash Protection System Market and economic disruptions caused by the pandemic.
• Evaluates post-pandemic impact on the Sales of Automotive Whiplash Protection System Market during the forecast period.
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5 Forecast Highlights on Global Automotive Whiplash Protection System (WPS) Market
North America is expected to remain dominant in the global automotive Whiplash Protection System (WPS) market. By the end of 2022, North America automotive WPS market is estimated to surpass US$ 700 million. Owing to the government introducing regulations and safety standards for the automotive industry, hence, majority of manufacturers are implementing safety systems in vehicles. This is driving the automotive WPS market in North America.
Europe is expected to emerge as the second most lucrative market. Recent advances in the vehicle safety rating system in the region is contributing to the growth of the automotive WPS market in Europe.
Reactive head restraints-RHR system is expected to the most preferred automotive whiplash protection system. By the end of 2022, reactive head restraints system is estimated to reach nearly US$ 600 million revenue. Meanwhile, pendulum system is also expected to show impressive growth during the forecast period.
Sales of the automotive whiplash protection system is expected to be highest through OEM. Accounting for more than three-fourth of the revenue share by the end of 2017, OEM as a sales channel is estimated to create an incremental opportunity of more than US$ 500 million between 2017 and 2022.
Compared to the various type of vehicles, compact passenger cars are expected to be the largest users of the automotive whiplash protection system. Compact passenger cars are estimated to surpass US$ 700 million by the end of 2022.
The report offers detailed profile of the leading players in the global market for automotive whiplash protection system (WPS), which will be active through 2022. These include companies such as Takata Corporation, Autoliv Inc., Robert Bosch GMBHm, Continental AG, Delphi Automotive Plc, Hyundai Mobis Co., Ltd, ZF Friedrichshafen AG, Lear Corporation, Ningbo Joyson Electronic Corp., and GRAMMER AG.
After reading the Market insights of Automotive Whiplash Protection System Report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Automotive Whiplash Protection System market revenue.
• Study the growth outlook of Automotive Whiplash Protection System market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Automotive Whiplash Protection System market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Automotive Whiplash Protection System Market Players.
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