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Automotive Pedestrian Protection System Market Share

ID: MRFR//4493-CR | 100 Pages | Author: Swapnil Palwe| February 2020

In the rapidly changing automotive industry, positioning strategies concerning market shares are crucial to a company’s success in the sector of an automotive pedestrian protection system. As a result of the demand for protection equipment, pedestrian protection systems have emerged as a very significant focus point to automotive manufacturers.
One commonly used tactic is the differentiation, by which companies try to separate their products from the competition using distinctive features and sophisticated technologies. This may include integrating the advanced sensor technology, artificial intelligence or creative design features that contribute to the efficiency of the pedestrian safety system.
Additionally, many firms often adopt the cost leadership strategy in order to establish a competitive advantage on the market. With effective optimization of the manufacturing process, the efficient sourcing of materials and economies of scale achieved by manufacturers ensure high quality pedestrian protection systems at very reasonable prices. This strategy helps them to target a wide range of the customers and gain more market share.
Moreover, a cost-oriented strategy can also be combined with strategic alliances and partnerships that will further cut down the operating costs while significantly improving the profitability of the product. Secondly, the market share positioning necessitates a deep understanding of customer wants and requirements. Those firms that perform well in this element of strategy ensure their walkway protection systems meet the consumer expectations.
This would entail exhaustive market research aimed at discriminating the emergent trends, conducting surveys and gathering input from the end-users. Companies achieve greater market share and also brand loyalty by adapting their products to the address specific consumer needs. Being a competitive market, innovation is still an very important factor that drives the product’s share growth in the automotive pedestrian protection system.
Companies develop new technologies and many innovative features by spending much money on research development. This not only keeps them one step ahead of the competition but also portrays their products as the leaders in the industry. Innovation, through autonomous emergency braking integration or improved pedestrian detection algorithms and better communication abilities tends to be one of the main tools that allow for being in the lead over competitors by increasing the market share.
Market Companies can establish partnerships with other automotive manufacturers, technology companies as well as or research organizations that allow them to share resources and knowledge. This allows them to create holistic pedestrian protective systems that make use of the advantages offered by each partner. Such partnerships not only promote innovation but they also build up synergies that improve the effectiveness of the products.

Covered Aspects:

Report Attribute/Metric	Details
Base Year For Estimation	2022
Forecast Period	2023-2032
Growth Rate	13.5% (2023-2032)

Automotive Pedestrian Protection System Market Highlights:

Automotive Pedestrian Protection System Market Trends

Automotive Pedestrian Protection System Market Analysis

Automotive Pedestrian Protection System Market Share

Automotive Pedestrian Protection System Companies

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.

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 :

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

Automotive Pedestrian Protection System Companies

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