Automotive Whiplash Protection System Market 2019 Global Industry Forecast To 2023 is latest depth analysis research report published by Market Research Future. According to this Automotive Whiplash Protection System Industry Analysis report, the Global Market for Automotive Whiplash Protection Systems is to register 12.10% growth rate during forecast period of 2019 to 2023. This report plays important role in future business plans, decision making, to know about upcoming market growth opportunities, trends, key players in Automotive Whiplash Protection System Industry. Automotive Whiplash Protection System Market to Exhibit Impressive Growth Pattern.
Global Automotive Whiplash Protection System Market is segmented By Type (Backrest, Headrest and Others), By Vehicle Type (Passenger Vehicles and Commercial Vehicles) and By Region – Forecast To 2023. Heavy demand for automobiles equipped with effective safety measures, is identified as the principal cause for the global automotive whiplash protection system market expansion, states Market Research Future (MRFR). MRFR reveals that the market is likely to expand at a 12.10% CAGR through the forecast period (2017-2023).
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MRFR listed some of the well-known companies that are functional in the automotive whiplash protection system market. They are; Volvo Group (Sweden), Delphi Automotive (UK), Robert Bosch (Germany), Continental AG (Germany), Takata Corporation (Japan), Autoliv Inc. (Sweden), Grammer AG (Germany), Hyundai Mobis (South Korea), Lear Corporation (US), and others.
Automobile producers incorporating advanced safety measures in their products is likely to gain traction for the global automotive whiplash protection system market. The growing traffic congestion requires effective safeguard for the drivers, as high rate of speed fluctuations are observed therein. This is noted to be another factor that is likely to gain momentum for the global market. Furthermore, increase in the production of luxury cars, strict on-road safety norms, and the presence of high-cash key players are additional factors that can promote the growth of the global market. However, high pricing cost for such adavanced technology is likely to slow down the market growth. But, the need for safety measures is expected to gain traction for the market.
The global automotive whiplash protection market has been segmented on the basis of type and vehicle type. By type, the global market has been segmented into backrest, headrest, and others. Whiplash protection equipment are gaining recognition among end-users as the awareness about the same is noted to grow. This, in turn, is likely to contribute to the expansion of the market. However, the headset segment is expected to register a high CAGR over the assessment period. On the basis of vehicle type, the global market has been segmented into passenger vehicle and commercial vehicle. The hike in per capita income of people is boosting sales of commercial vehicles. Alongside, the growing world population is escalating the passenger vehicles sales number. It is noted that the passenger segment is set to hold the largest share of the global market through the review period.
By region, the automotive whiplash protection system market has been analyzed across Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).
On-road safety is a major concern in North America. Besides, traffic rules in the region are rendered strict. These are two important boosters for the North America market growth. Other factors like the growing inclination of people towards luxury vehicles, escalation in the number of new car registration, and hike in per capita income of people are expected to surge the regional market growth in the foreseeable future. Hence, owing to these drivers, MRFR asserts that the North America market is likely to attain the largest share of the global automotive whiplash market.
Europe to secure the second position, by region, in the global automotive whiplash protection market. The hefty investment made in research and development, for the production of automobiles empowered with greater safety measures, is likely to generate considerable revenue for the regional market. Moreover, the expanding automobile industry and stringent rules of the government in Europe, are factors that are expected to boost the regional market
High sales volume of automobiles due to the surge in need for a comfortable and safe drive in the Asia Pacific region are expected to promote the regional market growth.
Volvo, a Swedish multinational manufacturer of trucks and buses, claimed to share their 60 years knowledge of automobile safety. Volvo discovered that women are more at risk of whiplash than men. This inspired the design for its robust Whiplash Protection System (WHIPS).
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Automotive Whiplash Protection System Market, By Type
5 Global Automotive Whiplash Protection System Market, By Vehicle Type
5.2 Passenger Vehicles
5.3 Commercial Vehicles
6 Regional Market Analysis
6.2 North America
6.3.5 Rest Of Europe
6.4 Asia Pacific
6.4.4 Rest Of Asia-Pacific
6.5 Rest Of The World
7 Competitive Analysis
7.2 Competitive Scenario
7.2.1 Market Share Analysis
7.2.2 Market Development Analysis
7.2.3 Material/Service Benchmarking
7.3 Robert Bosch
7.3.2 Material/Service Offering
7.4 Delphi Automotive
7.4.2 Material/Service Offering
7.5 Hyundai Mobis
7.5.2 Material/Service Offering
7.6 Continental AG
7.6.2 Material/Service Offering
7.7 Grammer AG
7.7.2 Material/Service Offering
7.8 Autoliv Inc
7.8.2 Material/Service Offering
7.9 Lear Corporation
7.9.2 Material/Service Offering
7.10 Takata Corporation
7.10.2 Material/Service Offering
7.11 Volvo Group
7.11.2 Material/Service Offering
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