Global Automotive Pedestrian Protection System Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 11.05% during the forecast period that is 2017-2025. The protection of pedestrians is a mounting concern, currently, as they are highly prone to affect during accidents. Each year approximately 270,000 pedestrians are dying due to road accidents globally, as per World Health Organization. Increasing concerns to reduce pedestrian accidents coupled with stringent safety norms laid by various government bodies, have forced the automobile manufacturers to adopt advanced technology systems to reduce pedestrian accidents. Global automotive pedestrian protection system market is anticipated to grow at a noticeable CAGR over the projected period, primarily owing to the rising awareness amongst consumers to install pedestrians’ detection system in their vehicles.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive pedestrian protection system market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive pedestrian protection system market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Market Dynamics

The market is highly driven by the increasing concerns to reduce the pedestrian accidents, which requires the incorporation of advanced technologies in automobiles such as radar sensor. The radar sensors help to detect the objects accurately and protects the pedestrian. This advanced technology is used to enable safety features such as lane departure warning, lane assists, lane change warning, automatic emergency brake which alerts the driver in advance in case any casualty is predicted by the advance protection system. At present, the radar sensor is embedded in selected luxury vehicles. For instance, Audi A8 comprises of two long range radar sensors provided by Bosch.  This sensor is capable to detect the objects with the beam width of 40 degrees (approximately). This technology would propel the automotive pedestrian protection system market in the coming years.

However, the sensors including radar is expensive to install, therefore, as of now they are limited to luxury vehicles and premium vehicles.

Component Insights: Sensor component is perceived to hold a prominent share in the global market owing to its prevalent benefits pertaining to pedestrian protection such as adjusting speeds on highways along with advanced night vision systems particularly for pedestrian safety at night. The driver is alerted by the sensors to avoid the collision with the pedestrians nearby. For instance, Volvo S90 and V90 models includes the automatic emergency brakes, particularly for pedestrian’s safety. These models come with the five-star ratings by Euro New Car Assessment Program.

Technology Insights: On the basis of technology type, the market has been segmented into active system and passive system. Passive system segment is expected to have a dominant share during the projected period owing to its growing technology penetration in automobiles. The advanced technology such as automatic emergency braking systems, airbags and seatbelts are included in passive pedestrian safety system. According to the guidelines of the Indian Ministry of Road Transport and Highway, airbags were mandated from October 2017 in all new car models, along with frontal and side crash tests for improving pedestrian safety in the country. Furthermore, according to these norms, the passenger cars in India must be embedded with anti-lock braking systems from 2019. These stringent norms by the government body would encourage the market growth in the coming decade.

Regional Insights

The global automotive pedestrian protection system market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America is expected to hold a prime position in the global automotive pedestrian system market, majorly owing to the active policies by the National Highway Transportation Safety Administration, particularly in the U.S. These policies encourage the automobile manufacturers to adopt the advance safety features such as Lane assists, Traffic Jam assists. Moreover, the rise in the accidents due to distracted driving in the U.S. is also a concern for the pedestrian safety. Thus, the adoption of safety systems would rise over the projected period.

Global Automotive Pedestrian Protection System Market Size, Share Analysis By Region 2017

Europe is expected to be fastest growing region in the automotive pedestrian protection market, largely due to rising adoption of the advanced safety system by various automobile companies such as Mercedes Benz, Volvo, Volkswagen and several others. The adoption in the safety systems is majorly attributed to the advanced safety norms laid by the Euro New Car Assessment Programs, particularly to adopt the emergency braking system for the passengers and pedestrian safety. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.

Global Automotive Pedestrian Protection System Market Study Objective

1. To forecast the market size of automotive pedestrian protection system market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of automotive pedestrian protection system market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of automotive pedestrian protection system market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of automotive pedestrian protection system market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the automotive pedestrian protection system market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Competitive Landscape

The key players in the global automotive pedestrian protection system market include Robert Bosch, Continental AG, NXP Semiconductor, TRW Automotive, Tesla, Autoliv Inc. Volvo, Honda Motor Co., Hitachi Automotive, Denso Corporation, Delphi Automotive Inc., and several others. In 2018, Bosch opened its new R&D center in Suzhou investing approximately US$ 48.1 million. This center will be dedicated towards the research and development of active and passive safety technology, advanced sensors, advance driver assistance system and others.

Global Automotive Pedestrian Protection System Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.