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Automotive Pedestrian Protection System Market to Grow Significantly at a CAGR of 19.95% by 2025 with Major Key Players - Audi AG, Volvo Car Corporation, Continental AG, Robert Bosch GmbH

12-21-2021 12:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Automotive Pedestrian Protection Systems (PPS) Market

Automotive Pedestrian Protection Systems (PPS) Market

According to CMI, Automotive Pedestrian Protection Systems Market is projected to grow USD 4,994.0 Million with a CAGR of 19.95 % by 2025.

The market research conducted by CMI provides a distinct perspective on the market's future growth. The study examines the major variables impacting the market for Automotive Pedestrian Protection Systems (PPS). For significant industry players as well as developing firms involved in manufacturing and supply, this recently released analysis illuminates essential market characteristics such as drivers, restraints, and opportunities.

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A pedestrian protection system (PPS) is a mechanism that prevents a pedestrian from colliding with a vehicle. Sensors in the front of the car activate the PPS in the event of a frontal collision with a pedestrian. Automatic braking and collision avoidance are among the technologies included in the PPS area, as are advanced driver assistance systems, brake aid, driver caution, external airbags, and pop-up bonnets.

Significant Players in Automotive Pedestrian Protection Systems Market are 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, and Magneti Marelli SpA.

The Automotive Pedestrian Protection Systems Market: Key Trends and Analysis:

• The passive pedestrian protection system market, which accounted for 93.77% of the worldwide automotive pedestrian protection systems market in 2016, is likely to maintain its dominance over the forecast period.

• Over the projected period, the electric and hybrid vehicles market is expected to rise at a high CAGR of 25.01%. The deployment of automotive embedded systems in new telematics products and in-vehicle infotainment is credited with the increase.

• Over the forecast period, the Asia Pacific automobile pedestrian protection system market is expected to grow at the fastest rate of 20.84 %. The regional market is predicted to rise due to increased car manufacturing and rising demand for electric vehicles in markets such as China and Japan.

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Automotive Pedestrian Protection Systems (PPS) Market Segments Covered are:

Market segment by Type:
• Active Pedestrian Protection System
• Passive Pedestrian Protection System

Market segment by Application:
• Passenger Vehicles
• Commercial Vehicles

Automotive Pedestrian Protection Systems (PPS) Market Insights by Region:
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America

Method of Research:

The purpose of this section's research is to examine the Automotive Pedestrian Protection Systems (PPS) Market over the course of the study period using several verified metrics based on Porter's Five Force Model. As a result, a thorough examination of the market aids in identifying and emphasizing the market's primary strengths and weaknesses as it progresses. Furthermore, the report was created using a combination of primary and secondary research, including interviews, surveys, and observations from seasoned analysts, as well as reliable paid sources, trade magazines, and industry body databases.

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Email: sales@coherentmarketinsights.com

About Coherent Market Insights -
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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