Occupant Classification System Market is Estimated to Reach USD 3 Billion by 2025

Occupant Classification System Market is Estimated to Reach USD 3 Billion by 2025

“The players in the occupant classification system market include Delphi Technologies, Denso, Aisin Seiki, Flexpoint Sensor Systems, Mayser and Hyundai Mobis”
Global occupant classification system market is anticipated to grow due to the increased awareness regarding vehicle safety systems in nations such as India and China

Occupant Classification System Market is anticipated to be worth over USD 3 billion by 2025. Airbags have become a crucial feature for vehicle safety systems, reducing road accidents significantly. However, airbag impacts have injured several occupants, especially children & infants, according to the National Highway Traffic Safety Administration. The occupant classification system market growth can be attributed to the need for restraining systems for airbag forces. These systems can detect an occupant’s size, position, and weight to deploy and suppress the pressure, enabling passenger safety. Moreover, recent technologies in the occupant classification system industry can detect additional information such as body posture and if the occupant is wearing a seatbelt or not.

 

Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/3254

 

Conventional airbags deployed aggressive pressure on occupants; hence, automakers are actively implementing smart airbags that can operate with variable pressures. These systems work with an ECU and may also have a seat belt pre-tensioner, seat belt switch, sensors for seat position, and weight sensors. The growing implementation of airbags in the developing nations will influence the occupant classification system market. Several governments have made airbags mandatory in light vehicles. Brazil, which is one of the largest automotive manufacturing countries, enforced a rule to implement frontal airbags in all new cars sold in the country from January 2014. Moreover, the production of automotive in Brazil increased by 5.2% in 2018, flourishing the occupant classification system industry.

The economy class vehicles segment will increasingly implement these systems creating high growth potential for the occupant classification system market. Consumers are demanding extended safety systems in cars with growing awareness of road safety. The developing countries have witnessed a growing popularity of economy vehicles due to an increase in the population of the middle-class. Moreover, the increase in disposable income and economic developments in these countries are expected to influence the occupant classification system market.

 

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/3254

 

China has become a preferred manufacturing hub for several tier 1, tier 2 automakers as well as component suppliers and has significant growth potential. The country has resources, raw materials, and cheap labor costs, influencing automotive manufacturing. China is also a major automotive supplier to European countries and holds considerable growth opportunities for the occupant classification system market.

The technological advancements in automotive electronics have influenced product developments & innovations in the occupant classification system market. Automotive manufacturers are relying more on the electronics & sensor systems to enhance safety. Moreover, the emergence of autonomous vehicles and connected car technologies have boosted developments in sensor technologies. The evident rise in the global automotive sector and the need for advanced safety features are expected to drive market growth.

The demand for luxury cars has increased, particularly in the Asia Pacific region. Automakers, including Audi and Mercedes-Benz, have recorded growing sales in countries such as India. According to the International Organization of Motor Vehicle Manufacturers (OICA), around 71 million passenger cars were sold in 2017, which is anticipated to drive the occupant classification system market.

 

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/occupant-classification-system-market

 

The players in the occupant classification systems (OCS) market include Delphi Technologies, Denso, Aisin Seiki, Flexpoint Sensor Systems, Mayser and Hyundai Mobis among others which are consistently working on new product developments. Freescale is into the development of E-Field Technology, which is basically an electronic Field Detection imaging system. This technology has a seat entry system, which induces a low-level e-field using multiple antennas, which are mounted in the seat cushion. The system can detect the height of occupants as well as their proximity to the front airbags. The companies are focusing on strengthening the distribution network by partnering with suppliers and distributors to strengthen their position in the OCS market. Robert Bosch and Continental AG have several sales partners for their global distribution.

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Media Contact
Company Name: Global Market Insights Inc.
Contact Person: Arun Hegde
Email: Send Email
Phone: 1 302-846-7766
Address:4 North Main Street
City: Selbyville
State: Delaware
Country: United States
Website: www.gminsights.com/pressrelease/occupant-classification-systems-market