Automotive Pedestrian Protection System Market 2019 Global Industry Outlook By Trends, Share, Size, Opportunities, Growth Prospects, Applications And Regional Forecast To 2023

Automotive Pedestrian Protection System Market 2019 Global Industry Outlook By Trends, Share, Size, Opportunities, Growth Prospects, Applications And Regional Forecast To 2023

“””Automotive Pedestrian Protection System Market”””
Automotive Pedestrian Protection System Industry 2019 Global Market Size, Share Analysis To 2024 Report, provides depth analysis of Automotive Pedestrian Protection System Market Information by Technology (Active Safety, Passive Safety), Type (Automatic Braking and Collision Avoidance, Brake Assist, External Airbags, Pop-up Bonnets), Components, and Vehicle Types – Forecast till 2024. The automotive pedestrian protection system market is expected to expand at the CAGR of around 18% during the period 2019 to 2023.

The key players in the global automotive pedestrian protection system market are Robert Bosch GmbH (Germany), Aptiv PLC (U.K.), Continental AG (Germany), Autoliv Inc. (Sweden), Denso Corporation (Japan), Magna International Inc. (Canada), and ZF Friedrichshafen AG (Germany). Mobileye (Israel), WABCO Holdings, Inc. (Belgium), Subaru Corporation (Japan), Valeo (France), Nissan Motor Company Ltd. (Japan), Volvo Cars (Sweden), and General Motors Company (U.S.) are among others.

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Market Research Analysis

The number of pedestrians losing live in road accident remains significant despite the increased realization of the magnitude of the problem. In terms of solutions that are currently available, the gap is yet to be bridged, which also indicates towards a massive untapped market. While many of the players operating in the automotive sector have increased their focus on developing effective pedestrian protection systems, others are likely to follow soon. The current global market size of automotive pedestrian protection system is valued at over USD 900 Mn. The market is projected to exhibit a compound annual growth rate of 11.80% during the assessment period (2018-2023). New systems are being introduces by developers, which is enabling them to better compete in the market. At the same time, emphasis is being placed on redesigning automotive parts such as hood (bonnet), windshield, pillar, and bumper to make them more energy absorbing (softer) without compromising the structural integrity of the car.

This MRFR market perspective delivers a detailed commentary on the global market for automotive pedestrian protection system. It also sheds light on the current market trends as well as gives a viewpoint on the historical growth pattern of the market and its prospects over 2023. The scope of the research also covers the two major automotive pedestrian protection systems (active pedestrian protection system and passive pedestrian protection system). Market sizing also includes revenue analysis based on sensor, actuator, control unit, cameras and others. The different types of automotive PPS mentioned in the research document include automatic braking and collision avoidance, brake assist, external airbags and pop-up bonnets. Market assessment was also made on the basis of the different vehicle types (internal combustion engine (ICE) vehicles, electric vehicles and hybrid vehicles).

Based on region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. North America region (U.S. and Canada) has the highest demand for the pedestrian protection system. Global automakers are investing heavily since the last couple of decades. Post the economic downturn of 2008, the U.S. economy has seen an upward swing. The main reason for this is the push by the government to invest in research and pump capital in the automotive industry. The biggest players in the automotive industry have had a set base in the North America region for many years and the primary reason for this is the intense competition among the players, and the large demand for personal vehicles. The demand for passenger cars is very huge in this region. The people here prefer personal vehicles over the public transport, primarily due to their limitation of traveling to different countries within the region. Thus, people here, undertake both, work related and leisure travel in their own personal vehicles.

The large purchasing power and the preference of the people to own large vehicles such as SUVs and mini trucks, cause the roads in this region to be filled with passenger cars. The excellent road infrastructure further adds to the preference of passenger cars, causing a rise in their number, which has compelled the government to lay down very strict regulations to curb the growing instances of accidents.  These accidents occur primarily due to the presence of large vehicles on the roads and their high speeds. Thus, in the interest of passenger and pedestrian safety, speed limits must be adhered to, very strictly in this region. Still, human error causes relatively large number of deaths in this region along with injuries. To curb these incidences, the government plans to further promote and implement pedestrian safety systems in automobiles. The automakers are provided with incentives and are mandated to adhere to these safety measures and install them in the newly produced automobiles.

List of Tables:

TABLE 1 MARKET SYNOPSIS 13 

TABLE 2 LIST OF ASSUMPTIONS 16 

TABLE 3 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION) 31 

TABLE 4 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY COMPONENT TYPE, 2016-2023 (USD MILLION) 34 

TABLE 5 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY TYPE, 2016-2023 (USD MILLION) 37 

TABLE 6 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION) 40 

TABLE 7 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY REGION, 2016-2023 (USD MILLION) 42 

TABLE 8 NORTH AMERICA: AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY COUNTRY, 2016-2023 (USD MILLION) 43 

TABLE 9 NORTH AMERICA: AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION) 43 

TABLE 10 NORTH AMERICA: AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY COMPONENT TYPE, 2016-2023 (USD MILLION) 44 

Continued…

List Of Figures:

FIGURE 1 GLOBAL AUTOMOTIVE PEDESTRIAN PROTECTION SYSTEM MARKET: MARKET STRUCTURE 16 

FIGURE 2 RESEARCH PROCESS OF MRFR 18 

FIGURE 3 TOP DOWN & BOTTOM UP APPROACH 21 

FIGURE 4 U.S.: PEDESTRIAN FATALITIES (2013-2016) 24 

FIGURE 5 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL AUTOMOTIVE PEDESTRIAN PROTECTION SYSTEM MARKET 27 

FIGURE 6 SUPPLY CHAIN: AUTOMOTIVE PEDESTRIAN PROTECTION SYSTEM 28 

FIGURE 7 GLOBAL AUTOMOTIVE PEDESTRAIN PROTECTION SYSTEM MARKET, BY TECHNOLOGY, 2017 (%) 30 

Continued…

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