Automotive Occupant Sensing System Market 2019 Global Industry Analysis by Size, Trends, Share, Growth, Region With Industry Forecast To 2023

Automotive Occupant Sensing System Market 2019 Global Industry Forecast to 2023 Report is comprehensive analysis of Global Automotive Occupant Sensing System Market by Vehicle Type, Channel and Region. Report include insightful analysis done by Automotive Occupant Sensing System Market expert.

Pune, India - August 13, 2019 /MarketersMedia/ —

Automotive Occupant Sensing System Market 2019 Global Industry Forecast to 2023 Report is comprehensive analysis of Global Automotive Occupant Sensing System Market by Vehicle Type (Passenger Vehicle, Light Commercial Vehicle and Heavy Commercial Vehicle), Channel (Original Equipment Manufacturer and After Market) and Region. Report include insightful analysis done by Automotive Occupant Sensing System Market expert which comprises valuable historical and forecast data on Automotive Occupant Sensing System Market Size, Trends, Share, Growth, Region with global forecast to 2023.

Automotive Occupant Sensing System Key Companies Analysed In this Market Report – Autoliv Inc, Takata Corporation, Robert Bosch GMBH, Delphi Automotive Plc., Continental AG, Hyundai Mobis Co., ZF Friedrichshafen AG, Lear Corporation, Key Safety Systems Inc., and Volvo AB., among others.

Get Free Sample Copy of “Automotive Occupant Sensing System Market Research Report – Global Forecast 2023” at: https://www.marketresearchfuture.com/sample_request/4693

Global Automotive Occupant Sensing System Market Highlights:

The automotive occupant sensing system market is witnessing a steady growth; mainly due to the increasing demand for safety features, stringent government norms, and rapidly rising safety awareness among individuals. Huge advancements in the technology used in the safety systems define the market landscape of occupant sensing systems. 

Owing to the increased sales and hence the production of automobiles over the past few years, the occupant sensing systems are garnering massive market prominence, worldwide, and its market is growing pervasively at a rapid pace on the global platform. According to an eminent research firm, Market Research Future (MRFR), the global automotive occupant sensing system market is expected to register approximately 6.52%. CAGR throughout the assessment period (2017 to 2023).

In addition to the growing vehicle production, factors such as the increase in stringent government regulations for safety are some of the key driving factors substantiating market growth. The increasing production of passenger and commercial vehicles are driving the market growth generating a huge demand for occupant sensing systems. The increased emphasis on the safety of the occupants is encouraging many OEMs to develop parts that provide high strength and security using the latest safety technologies.

On the flip side, factors such as the requirement of high capital investments are obstructing market growth.  Nevertheless, augmenting demand for safety technologies and the increasing number of automotive unit sale worldwide is expected to support the market growth, increasing the uptake of the occupant sensing system in the vehicles.

Automotive Occupant Sensing System Market Segments Analysis:

The report is segmented into three key market dynamics to widen the scope of understanding,

By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle, among others.

By Channel: Aftermarket and Original Equipment Manufacturer (OEM).

By Regions: North America, Europe, Asia Pacific, and the Rest-of-the-World.

Automotive Occupant Sensing System Market Geographical Analysis:

North America would remain the largest region in the global automotive occupant sensing systems market. Massive demand for passenger safety features, substantial technological advancements, and the early adoption of advanced technology drive the market growth in the region. 

Moreover, factors such as the increasing production of vehicles and the presence of major safety system manufacturers, and well-established automotive industry in this region, foster the growth of the market. The growing demand for safety features in automobiles, especially in passenger cars, creates opportunities for the regional automotive occupant sensing market to grow significantly.

The Asia Pacific automotive occupant sensing systems market is another lucrative market on the global platform. The market is growing due to the increase in the production of passenger and commercial vehicles, especially in emerging nations such as China, India, and Japan. The vehicle production rate is predominantly led by the presence of several manufacturers in the APAC region.  Rising production of vehicles is resulting in increasing the use of safety technology for better safety of the occupants. Advancements in safety technology are leading to the growth of the occupant sensing system market in the region. Furthermore, the increase in the regional automotive occupant sensing market is also driven by the increasing population, urbanization, and the improving economy that is enhancing the purchasing power of consumers.

Automotive Occupant Sensing System Market Competitive Analysis:

The automotive occupant sensing system market appears to be highly competitive owing to the presence of numerous well-established players having the international and global presence. Brand reinforcement, mergers & acquisitions, and innovation remain the key trends for these leading players. Vendors strive to develop low-cost, compact systems, emphasizing on improved hardware.

Many automotive suppliers and OEMs are focusing on the development of the occupant sensing system to be at the front of the competition. Strong market players raise the entry barriers for new entrants. Technology providers also offer aftersales services to the end-users.

These systems are delivered through the distribution channels and dealers. Key manufacturers incorporate strategic alliances with local dealers and automotive manufacturers to expand their business in the countries where stringent regulations restrict them to export these systems.

Industry/Innovation/Related News:

July 22, 2019 ---- ZF Friedrichshafen AG (Germany), a leading global car parts maker and technology provider, demonstrated the prototype of its new pre-crash occupant safety system that comes with an external side airbag. This safety system has the potential to reduce occupant injury severity in cases of side-impact collisions significantly.

ZF provides a range of integrated vehicle safety technology from sensor systems, algorithms, and control units to active and passive actuators. ZF confirms that its deep understanding of the entire development process enables it to conceptualize vehicle safety solutions such as the newly developed pre-crash safety system.

Major Table of Content:

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market Size Estimation

3.4 Forecast Model

3.5 List Of Assumptions

3.6 Limitations Of The Study

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Market Drivers

5.3 Market Restraints

5.4 Market Opportunities

5.5 Porter’s Five Forces Analysis

5.5.1 Threat Of New Entrants

5.5.2 Bargaining Power Of Buyers

5.5.3 Bargaining Power Of Suppliers

5.5.4 Threat Of Substitutes

5.5.5 Intensity Of Rivalry

5.6 Value Chain/Supply Chain Analysis

Continued…

List Of tables:

TABLE 1 MARKET SYNOPSIS 11

TABLE 2 GRANTED PATENTS ON LASER RANGEFINDER (OCT 4TH, 2012 – OCT 4TH, 2017) 22

TABLE 3 GLOBAL AUTOMOTIVE OCCUPANT SENSING MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION) 33

Continued…

List of Figures:

FIGURE 1 KEY BUYING CRITERIA OF AUTOMOTIVE OCCUPANT SENSINGS 13

FIGURE 2 RESEARCH PROCESS OF MRFR 14

FIGURE 3 TOP DOWN & BOTTOM UP APPROACH 16

FIGURE 4 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL ADVANCED DRIVER ASSISTANCE MARKET 18

Continued…

Browse More information at: https://www.marketresearchfuture.com/reports/automotive-occupant-sensing-system-market-4693

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: abhishek sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/automotive-occupant-sensing-system-market-4693

Source URL: https://marketersmedia.com/automotive-occupant-sensing-system-market-2019-global-industry-analysis-by-size-trends-share-growth-region-with-industry-forecast-to-2023/88907663

Source: MarketersMedia

Release ID: 88907663