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The global automotive pedestrian protection system market is set to reach US$ 22.2 BN by 2032, at a 13.5% CAGR between years 2023-2032. The automotive pedestrian protection system market has shown a great evolution in the past years showing the level of commitment that this industry wants to provide better safety standards.
This market, which was underpinned by the need to prevent pedestrian injuries and deaths has grown into an important category while being part of the automotive safety technology industry. The increasing consciousness and regulatory demand for the pedestrian safety is one of the key market drivers. Increasingly, the governments and regulators worldwide stress on improving the safety offered by vehicles regarding pedestrian protection.
This has resulted in the establishment of harsh safety standards and also the integration of pedestrian protection systems into every new vehicle. As such, car manufacturers are spending a lot of money on research and development to incorporate the cutting-edge technologies capable of addressing the fallout created by collisions with pedestrians
Another very important factor influencing the market dynamics is the ever-growing technology of sensors.
Most pedestrian protection systems are very significantly dependent upon sensors like cameras, radars and also lidar that sense the presence of a pedestrian thus initiating precautionary measures. The ongoing development of such sensor technologies has not only enhanced the detection accuracy and reliability but also led to the creation of more advanced pedestrian safety systems.
With the advent of autonomous vehicles in the automotive industry, integration is very important for advanced sensors and this gives an opportunity for a pedestrian protection system market towards growth. Demand for safer automobiles by the consumers also affects the market dynamics. Consumers are becoming much more aware of the road safety, showing a preference for the vehicles that provide better security by integrating advanced pedestrian protection systems.
Such demand is forcing the automakers to make these systems either a standard or an optional feature part of their vehicle, only promoting the market growth. Moreover, the electric vehicles trend rise and new mobility solutions evolution contribute to the market dynamics due to the manufacturers who use pedestrian safety systems in a wide variety of vehicle categories.
These collaborations and partnerships in the automotive sector are heavily influencing the market dynamics. Automotive firms are working with the tech companies, research centers and safety body to take advantage of experiences or resources toward a more efficient pedestrian protection systems. This collaborative effort creates an environment of innovation and also speeds up the introduction of advanced safety technologies to the market.
In addition, the economic and regulatory environment alot influences market dynamics. The investment capacity of the manufacturers in security technologies is affected by the economic factors such as the state of automotive market. Likewise, changing regulations and safety standards form a key feature in shaping the needs for pedestrian protection systems that prompt manufacturers to follow up with these specific requirements.
Automotive Pedestrian Protection System Market Highlights:
 Automotive Pedestrian Protection System Market Synopsis
The Automotive Pedestrian Protection System Market is projected to grow from 6.4 USD Bn in 2021 to 22.2 USD Bn by 2032, exhibiting a compound annual growth rate (CAGR) 13.5% during the forecast period (2023 - 2032). 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.Â
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 (2023-2032). 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.
Report Overview
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 2032. 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).
Report Coverage
Value, Market Share, Player Analysis, country level break down for each segment
Players Covered
Robert Bosch GmbH, Aptiv PLC, Continental AG, Autoliv Inc, DENSO, Magna International Inc, ZF, Mobileye, WABCO Holdings, Inc, Valeo, Nissan Motor Company Ltd, AB Volvo, Subaru Corporation.
The report offers insights on the leading market players and evaluates their current market share. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
Research Methodology
Market Research Future (MRFR) leverages its in-house network of expert analysts who, with the help of robust algorithms and fail-safes methodologies derive reliable and insightful market forecast. The market facts presented in our reports are backed by primary and secondary research inputs, which include interviews with industry opinion holders, questionnaires, surveys, SEC filings, whitepaper references, and, annual reports published. Top-down and bottom-up approaches are employed to ensure the credibility of the market foresight. Our analysts evaluate every microeconomic and macroeconomic factor associated with the market for a reliable assessment of the changing trends. A multi-layer verification process validates the authenticity of our research findings. MRFR strives to reveal market opportunities and threats for enabling our clients to devise their next growth strategy.
Other Description
- Market Denomination- USD Million
- Base Year- 2021
- Forecast Period- From 2023 to 2032
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for automotive pedestrian protection system
Automotive Pedestrian Protection System Market Segment :Â
By Technology
- Active Pedestrian Protection System
- Passive Pedestrian Protection System
By Component Type
- Sensor
- Actuator
- Control Unit
- Cameras
- Others
By Type
- Automatic Braking and Collision Avoidance
- Brake Assist
- External Airbags
- Pop-up bonnets
By Vehicle Type
- Internal Combustion Engine (ICE) Vehicles
- Electric Vehicles
- Hybrid Vehicles
By Region
- North America
- Europe
- Asia Pacific
- Rest of the World
Intended Audience:
- End-Users
- Government
- Research
- Education
- Distribution vendors
- Technology Innovators
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