What is Pedestrian Protection System Market?
In the event of an unexpected collision, a pedestrian protection system is utilized to safeguard pedestrians and cause minimal harm. This system includes sensors for detecting pedestrian collisions and an airbag control unit that can activate the actuators that lift the engine hood. The back section of the bonnet is raised when the system is triggered, and the driver receives an automatic alarm. Pedestrian safety systems like pop-up hoods, speed airbags, and flexible air tubes are employed in the event of a sudden accident. The various systems mostly focus on pedestrian head and limb protection. Furthermore, the vehicle-pedestrian protection system market is solely reliant on sales, and the most recent innovation is inactive hoods and external airbags to protect pedestrians from collisions.
|Unit||Value (USD Million)|
|Key Companies Profiled||Audi AG (Germany), Autoliv, Inc (Sweden), Continental AG (Germany), DENSO Corporation (Japan), Magneti Marelli SpA (Italy), Mobileye (United States), Fiat Chrysler Automobiles N.V (United Kingdom), Robert Bosch GmbH (Germany), Nissan Motor Co., Ltd (Japan) and ZF Friedrichshafen AG (Germany)|
The market study is being classified by Type (External Airbags and Pop-up Hood) and major geographies with country level break-up. According to AMA, the Global Pedestrian Protection System market is expected to see steady growth rate.
Audi AG (Germany), Autoliv, Inc (Sweden), Continental AG (Germany), DENSO Corporation (Japan), Magneti Marelli SpA (Italy), Mobileye (United States), Fiat Chrysler Automobiles N.V (United Kingdom), Robert Bosch GmbH (Germany), Nissan Motor Co., Ltd (Japan) and ZF Friedrichshafen AG (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Valeo (France), WABCO Holdings (France) and Volvo Cars (Sweden).
The global pedestrian protection system is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that Germany Vendors will contribute to the maximum growth of Global Pedestrian Protection System market throughout the forecasted period.
Analyst at AMA have segmented the market study of Global Pedestrian Protection System market by Type, Application and Region.
On the basis of geography, the market of Pedestrian Protection System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing incidence of road accidents
- Stringent government regulations across the globe
- Growing demand for pedestrian protection system
- Increasing demand for Electronic Pedestrian Protection
- High cost of implementation
- Increasing government rules and regulation towards safety through road accidents
- Limited functionality of the PPS Component
In October 2021- Toyoda Gosei Co., Ltd. developed a pedestrian protection airbag that will protect the pedestrianís head when hit by a vehicle. Toyoda Gosei has developed various types of airbags that protect vehicle occupants; this will be Toyoda Goseiís first airbag on the market that protects pedestrians and other vulnerable road users.
Key Target AudiencePedestrian protection system Manufacturers, Pedestrian protection system Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Pedestrian Protection System Market?
"Increasing incidence of road accidents
" is seen as one of major growth factors of Pedestrian Protection System Market in years to come.
2. Can we have customized study for Pedestrian Protection System Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Pedestrian Protection System Market?
Germany will lead Pedestrian Protection System Market in coming years.