Stringent law and regulations for the safety has immensely grown in the past few years with rising awareness of safety and importance of precaution while driving. Passenger safety can clearly not be compromised and the aim to make sure that technological advancement can be best used to protect driver lives is the sole aim of the invention of Occupant Sensing System Market.
Improving costs and rising per capita income of the globe are causing an increased number of customers from all over the world to opt for occupant sensing systems. Institutions such as the New Car Assessment Program (NCAP) awarding safety ratings to cars based on safety performance is another market driver with huge scope of propelling the overall occupant sensing systems market.
Automotive occupant sensing is a system which senses the presence, positioning and classification of person or occupant sitting on the passenger seat of the vehicle. This system also senses the presence of rear facing child seat within the vehicle as well. In doing so, the system controls or indicates a related airbag activator control system to enable, disable or control the amount of inflation an airbag requires, during any sudden accident of the vehicle while driving. Globally, implementation of stringent safety regulations is expected to remain one of the top key growth drivers for OSS during the period of study.
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High demand and quality consumption of automobiles coupled with strict regulations coming up from government in the North America has acted as primary driving factors for the growth in the Occupant Sensing Systems Market. North America earlier dominated the overall market with Europe following the lead. On the other hand, IndustryARC analysis suggested that APAC was noted to be the third largest market and is also projected to be the healthiest growing region globally. This fastest CAGR growth of APAC owes itself to the rapidly expanding auto industry with increasing demand for automobiles in the region due to increasing disposable income in developing nations such as China and India in this region.
Segmentation of the Industry:
IndustryARC analysis on Occupant Sensing System Market includes various types and sub types based on deciding factors like:
By Vehicle: PC, LCV and HCV
By Mounting Location: Passenger Side OSS, Driver Side OSS and Others
By Geography: Europe, APAC, North America and Rest of the World
Prominent Players Brief:
Research experts have considered more than 40 vendors of the occupant sensing system industry with few being:
Robert Bosch (Germany)
Continental AG (Germany)
Delphi Automotive PLC
Hyundai Mobis Co., Ltd.
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