Occupant Classification Systems Market 2021 Competitive Insights - ZF Group, Continental AG, Aisin Seiki Co. Ltd, Robert Bosch GmbH, IEE SENSING

The Occupant Classification Systems Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The occupant classification systems (OCS) market is expected to witness a CAGR of 6.5% during the forecast period (2020 - 2025).

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Top Leading Companies of Occupant Classification Systems Market are ZF Group, Continental AG, Aisin Seiki Co. Ltd, Robert Bosch GmbH, IEE SENSING, Aptiv Corporation, Denso Corporation, Autoliv Inc., TE Connectivity Limited, ON Semiconductor Corporation and others.

Industry News and Updates

In September 2019 - Measurement Specialties Inc., a subsidiary of TE Connectivity Ltd, had completed the previously announced acquisition of Silicon Microstructures Inc. from Elmos Semiconductor AG. SMI's micro-electro-mechanical systems (MEMS) sensor technology design and manufacturing capabilities, with TE's operational scale, customer base, and existing sensors technologies, lead to more comprehensive global sensing solutions offering for customers. SMI expands TE's global leadership in pressure sensing technology, particularly in medical, transportation, and industrial applications

- In March 2019 - Bosch opened its new Connectory in London as an incubator for urban mobility solutions. The company says the Shoreditch-based location is open to partners from the public, private, and academic sectors, from start-ups to multinational organizations with a dedicated goal, to develop smart mobility solutions for London.

Key Market Trends

Europe to Witness a Significant Market Growth

- The European automotive sector has ascended to the top of the global industry. It has achieved record sales, and as a major employer and a source of significant grantmaking, it is an integral part of European society. Over the last few decades, the automotive industry in the United Kingdom has been completely transformed. Every 20 seconds, a car, van, bus, or truck rolls off a UK production line. Over 80% of these are exported to more than 100 countries. In the first eleven months of 2019, a total of 2,223,058 passenger cars were sold in Europe, according to the Society of Motor Manufacturers and Traders (SMMT).

- Every year thousands of people lose their life or are seriously injured in accidents on the EU roads. Between 2001 and 2017, the number of road deaths in Europe decreased by 57.5%. Of the total number of fatalities, 46% is accounted for cars and commercial vehicles. Owing to the deaths caused by road fatalities, most of the automobile manufacturers are deploying inertial systems that enhance rider safety.

Regional Outlook of Occupant Classification Systems Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Occupant Classification Systems Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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