Child Presence Detection System Industry Trend And Opportunity | Grow at a CAGR of 34.2% from 2019-2025 to reach US$ 390.3 million by 2025.

UnivDatos Markets Insights released a report titled, “Child Presence Detection System Markets by Sensor Type (Pressure Sensor, Ultrasonic Sensor, Others), Sales Channel (OEM, Aftermarkets), Vehicle Type (Sedan, SUV, Hatchback, Other) and Region (North America, Europe, Asia-Pacific and Rest of World) - Current Analysis and Forecast (2019-2025).” The Child Presence Detection System Markets is expected to grow at a CAGR of 34.2% from 2019-2025 to reach US$ 390.3 million by 2025.

Markets Drivers and Opportunities
Injury and death associated with vehicles remain an overwhelming challenge to society's general health. In recent years, design safety improvements in the automotive sector have grown significantly, and yet little has been accomplished for safety in stationary vehicles. Once a car is turned off and parked under hot and humid condition, keeping its window glasses closed, the temperature inside the car increases rapidly. In the recent time, the hot air deaths of children’s have increased drastically, especially in the developed nations such as US and European countries. As the thermoregulatory system of the child is not well developed, this condition may lead to hyperthermia or heat stroke which can be fatal. Growing awareness regarding heatstroke deaths in cars is expected to fuel the growth of the child's presence detection system markets.

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Reasons for the Increasing Demand for Child Presence Detection System
Across the world, too many children have been unintentionally left in vehicles or have got stuck into a vehicle on their own. Even the best of parents or carers can leave a child in a car unknowingly; and the result can cause serious injury or sometime death of the children’s left alone in the closed car. Vehicular hyperthermia misfortunes change the lives of parents, families, and communities forever. Based on safety organization Kids and Cars reporting, approximately 39 children die on average each year due to vehicle trapping worldwide. The data shows the severity of the problem and need to develop a system for the same. Automobile manufacturers and technology providers have joined hand to develop a system that senses the presence of a child and alert the parents of the child left along in the car. If no one attends the child, the system will make a call to parents and emergency personnel. Regulatory authorities around the world have acknowledged the need for technological solutions that can help avoid these kinds of incidents by offering child presence identification.

Government and Stakeholder Initiatives
Each year, an undisclosed number of young children die of hyperthermia from being trapped in parked motor vehicles worldwide. European and US safety regulators are considering mandating child presence detection systems to avoid the deaths of unattended children in hot cars. Safety regulators and lawmakers have warned of the dangers of leaving children and infants in hot cars, further heighten awareness about the dangers children face in and around motor vehicles. Stakeholders believe the solution to these preventable tragedies is a combination of awareness and technology. They want all cars to come fitted with a device that warns a driver if a child is left in the car. The Hot Cars Act was recently implemented in the United States that would help to prevent children from being needlessly injured or killed when left alone in vehicles.

Global Child Presence Detection System Markets report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

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Based on sensor type, the markets is primarily bifurcated into
• Pressure Sensor
• Ultrasonic Sensor
• Others
Ultrasonic Sensor accounted for 87% markets share in 2019 and will keep dominating the markets by the end of the year 2025. Ultrasonic sensors discover obstacles by emitting ultrasounds and analysing their reflections and so ultrasonic sensors are being used for child presence detection due to its high sensitivity and ability to detect child in a vehicle.

Based on the sales channel, the markets is primarily segmented into
• OEM
• After Markets

Of the two, OEMs accounted for a revenue share of nearly 63% in 2019 and is anticipated to remain dominant during the analysed period. The primary reason driving the OEMs sales is the European (Euro NCAP) and the US (NHTSA) like safety regulators that are forcing automakers to equipped cars with child presence detection or such safety monitoring system to avoid vehicle heatstroke deaths. For instance; by the 2025 model year, almost all new vehicles sold in the United States will come with electronic warnings that warn people not to leave children in the back seats, to stop heatstroke deaths.

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Final Report will add the analysis of the impact of COVID-19 on this industry.”

In the highly import dependent Indian medical devices markets, a large number of indigenous manufacturers of syringes & needles have managed to come up. However, it does not mean that imports are low for this markets. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign marketss through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the markets.

The report provides a snapshot of the syringes & needles markets. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The markets overview section provides an insight into the markets and highlights the markets size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.
An analysis of the drivers explains the factors leading to the growth of the markets which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the markets are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the markets has been discussed in the next section.

The competition section highlights the features of the major players operating in the markets. A brief profile of the major domestic and foreign players in the markets along with their financials has been included in this section.

A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving markets share and increasing profitability. The Markets report answers the following questions:
What is the aim of the report?
• The markets report presents the estimated markets size of Child Presence Detection System Markets by the end of forecast period. Additionally, the historical and current markets size is also examined in the report.
• Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
• An overview of the Markets based on geographical scope, markets segmentation and financial performance of key players is presented in the report.
• The report presents current trends in the industry and future scope of the Markets in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
• The various parameters accelerating the growth of Markets are incorporated in the research report.
• The report analyzes growth rate, markets size and valuation of the Markets during the forecast period.
What aspects regarding the regional analysis Markets are included in this report?
• Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
• The report consists of detailed region-wise analysis of current and future markets trends, providing information on product usage and consumption.
• The growth rate of the markets in every region, including their countries over the forecast period is included in the markets report.
• Based on what factors are the key markets players assessed in this report?
• The report offers detailed analysis of leading companies in the markets across the globe.
• It provides details of the major vendors involved in the Markets including Key Playes
• A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
• the manufactured products is incorporated in the report.
• The facts and figures about markets competitors along with standpoints of leading markets players are presented in the report.
• The recent developments, mergers and acquisitions related to mentioned key players are provided in the markets report.

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What is the key information extracted from the report?
• Extensive information on factors estimated to affect the Markets growth and markets share during the forecast period is presented in the report.
• The report offers the present scenario and future growth prospects Markets in various geographical regions.
• The competitive landscape analysis on the markets as well as the qualitative and quantitative information is delivered.
• The SWOT analysis is conducted along with Porter's Five Force analysis.
• The in-depth analysis provides an insight into the Markets, underlining the growth rate and opportunities offered in the business.

Based on vehicle type, the markets is primarily fragmented into
• Sedan
• SUV
• Hatchback
• Others

In 2019, the SUVs segment nearly contributed to 57% of the markets revenue for the Child Presence Detection System. The primary reason is the increasing demand for SUVs across the world. For instance: According to SIAM, SUVs sales were 9.2 lakhs in 2017-18 against 7.6 lakhs unit in the previous year.

Child Presence Detection Markets Geographical Segmentation Includes:
• North America
• Europe
• Asia-Pacific
• Rest of World

Based on the estimation, North America leads the Child Presence Detection System Markets in 2019 and was followed by Europe. This is attributed to the increased awareness regarding such systems, adequate government interventions, stakeholders' support, and establishment of key markets players in the regions. Since 1990, in the United States, a total of 940 children have lost their lives in hot cars. At the same time, the Asia-Pacific region would witness significant growth in the child presence detection system markets as countries like China, Japan, and India also focusing to mandate such safety monitoring systems for vehicles in the recent future.

The major players targeting the markets includes
• General Motors
• Ford Motor Company
• Volkswagen AG
• Toyota Motor Company Ltd.
• Hyundai Motors
• Nissan Motors
• Honda Motors
• Robert Bosch
• Autoliv Inc.
• Delphi Automotive
• Continental AG
• Kia Motors

The in-detailed view of the competitive landscape includes key mergers & acquisitions, future capacities, financial overview, new product launches, new product developments, partnerships, collaborations, and other developments with company key facts.

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Table Of Content:

1. MARKETS INTRODUCTION

1.1 Markets Definitions
1.2 Objective of the Study
1.3 Limitation
1.4 Stake Holders
1.5 Currency Used in Report
1.6 Scope of the Radar Based In-Cabin Sensing Systems Markets Study

2 RESEARCH METHODOLOGY

2.1 Research Methodology for Integrated Smart Traffic Control Systems Markets Study
2.1.1 Main objective of the Integrated Smart Traffic Control Systems Markets Study

3. REGULATORY FRAMEWORK

3.1 General Overview
3.1.1 North America Regulatory Framework for Child Presence Detection System
3.1.2 Europe Regulatory Framework for Child Presence Detection System

4. INDUSTRY PERFORMANCE

5. EXECUTIVE SUMMARY

6. MARKETS OVERVIEW

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6.1 Introduction
6.2 Markets Dynamics
6.2.1 Markets Drivers
6.2.1.1 The vulnerability of Toddlers and Children to Heat Stroke
6.2.1.1.1 Hard Facts about Heatstroke
6.2.1.2 Significant Increase in The Number of Child deaths in Hot Vehicles
6.2.1.3 Growing Involvement of Government and Automakers
6.2.1.3.1 Major Steps Undertaken by Government and Automakers
6.2.2 Markets Restraints
6.2.2.1 Presence of Existing Technologies on Child Presence detection System
6.2.3 Opportunity
6.2.3.1 A New Bill being Passed Making Child detection Protection System Mandate
6.2.3.2 Forgotten Baby Syndrome- Increasing Stress of Parents

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