\r\nAutomotive Pedestrian Protection System Market – Global Industry Analysis and Forecast (2020-2027)
- POSTED ON Tuesday, February 23, 2021
Automotive Pedestrian Protection System Market size is valued at US$ 2.22 Bn in 2019 and expected to grow at a CAGR of XX % in the forecasting period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The increasing number of vehicles has, in turn, led to increasing in the accidental collisions between vehicles and pedestrians. A requirement to ensure the safety of the vehicles and the human lives are expected to be among the prominent factors fuelling the automotive pedestrian protection system market share over the forecast timeframe.
Several car assessment programs such as Australasian NCAP, C-NCAP, JNCAP, KNCAP, Latin NCAP, ASEAN NCAP, Euro NCAP, and Canadian NCAP are developed to ensure vehicle safety. High safety ratings by these associations aids the OEMs in gaining higher consumer inclination towards their vehicles. Models integrated with obstacle detection and emergency braking systems help the OEMs secure high safety ratings, in turn positively influencing the consumer motivation for the automotive pedestrian protection system. This will present favorable growth landscape for the automotive pedestrian protection system market share.
The automotive pedestrian protection system market is segmented based on product, vehicle, distribution channel and geography. By product segment, the market is segmented into active and passive. By vehicle, the automotive pedestrian protection system market is segmented as passenger cars, commercial vehicles, and electric & hybrid vehicles. By distribution channel, the market is segmented as OEM and aftermarket.
OEM is the major segment where the automotive pedestrian protection system is highly demanded and thus, it is expected to hold major market share in the forecast period. Growth in automotive production along with the requirement of capacity utilization for maximum gains will fuel the industry growth for automotive pedestrian protection system. Furthermore, the vehicle manufacturers are securing product patents in advanced safety assistance technologies.
Geographically, the automotive pedestrian protection system market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Europe held the XX% market share in 2018 and is expected have a higher growth rate in the forecast period for automotive pedestrian protection system. High regional penetration can be attributed to the high consumer inclination towards vehicles offering high safety levels. Moreover, major automotive industry participants that have established strong industrial presence such as Robert Bosch, Continental, Volkswagen, Daimler, have made several technological advancements in the industry space. These factors are expected to provide strong growth prospects through the forecast period.
A report covers the recent development in market for the automotive pedestrian protection system market e.g., Volvo introduced Volvo V40 model with an external airbag to enhance the human life safety in the event of frontal collision.
The objective of the report is to present a comprehensive analysis of Global Automotive Pedestrian Protection System Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Automotive Pedestrian Protection System Market dynamics, structure by analyzing the market segments and project the Global Automotive Pedestrian Protection System Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Automotive Pedestrian Protection System Market make the report investor’s guide.
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Automotive Pedestrian Protection System Market Scope
Automotive Pedestrian Protection System Market, By Product
• Active• PassiveAutomotive Pedestrian Protection System Market, By Vehicle
• Passenger Cars• Commercial Vehicles• Electric & Hybrid VehiclesAutomotive Pedestrian Protection System Market, By Distribution Channel
• OEM• AftermarketAutomotive Pedestrian Protection System Market, By Geography
• North America• Europe• Asia-Pacific• Middle East & Africa• Latin AmericaKey Players operating in the Automotive Pedestrian Protection System Market :
• Audi AG• Autoliv Inc.• Continental AG• Daimler AG• Denso Corporation• General Motors• Magneti Marelli SpA.• Mobileye N.V.• Nissan Motor Corporation• Robert Bosch GmbH• Subaru Corporation• Toyota Motor Corporation• Valeo• Volvo Car Corporation• ZF Friedrichshafen AG
Maximize Market Research, a global market research firm with the dedicated team of specialists and data has carried out extensive research about the current Automotive Pedestrian Protection System market outlook. The report encompasses the Automotive Pedestrian Protection System market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for making the informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Automotive Pedestrian Protection System market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Automotive Pedestrian Protection System market positioning of competitors.
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