Press release
Automotive Occupant Sensing System (OSS) Market Estimated to Experience a Hike in Growth by 2020
A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/3480
Automotive occupant sensing system is equipped with sensor fusion, process that combine information provided by two or more sensor equipped within the vehicle. Normally, an infrared sensor input and ultrasonic sensor input are combined in a microprocessor by certain sensor fusion algorithm to provide the airbag activator controller the original position the passenger or the occupant within the vehicle. Currently, all modern vehicles, autos, vans and trucks are equipped with airbag system to save the passenger or the driver at the time of sudden collision. Airbag system equipped within the vehicle includes passenger-side airbag or driver-side airbag system.
On the bases of location of airbag within the vehicle the global automotive occupant sensing system market can be bifurcated into passenger-side automotive occupant sensing system and driver side automotive occupant sensing system. Also, some of the vehicles are also equipped with rear facing child seat occupant sensor. Automotive occupant sensing system is majorly equipped in the commercial cars. Other application of automotive occupant sensing system includes heavy commercial vehicles, light commercial vehicle and airplanes.
North America has the largest market for automotive occupant sensing system, followed by Europe and Asia-Pacific. The U.S. and Japan are the largest market for automotive occupant sensing system technology globally. North America is expected to maintain its dominance in the forecasted period, where Europe is expected to show marginal growth. However, Asia-Pacific region is expected to witness highest growth in the forecasted period.
Increasing number of deaths in road accident is accelerating demand for safety measures, increasing the global automotive occupant sensing system technology. Alabama’s Department of Public Safety in 2013, there were 367 traffic deaths. Additionally, safety regulations implied by the government agencies and increasing life expectancy is also driving the global automotive occupant sensing system technology in the developing countries such as India and China. Rising disposable income level have influence the individuals to invest more on safety features within the vehicle, further increasing the demand for automotive occupant sensing system. Also, increasing customer awareness about technological changes related to safety equipments within the vehicle may act as market drive in coming future.
To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/toc/3480
Customer’s willingness to spend more on safety equipments within the vehicle is prompting multinational companies to invest more in this market. Some of the major companies operating in the global automotive occupant sensing system market are Takata Corporation, Autoliv Inc., Robert Bosch (Germany) and Continental AG (Germany).
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