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Occupant Classification System Market by Sensor, Components, Light-Duty Vehicle Class, EV Type, and Region - Global Forecast to 2025 - ResearchAndMarkets.comThe "Occupant Classification System Market by Sensor (Pressure Sensor, Seat Belt Tension Sensor), Components (Airbag Control Unit, Sensors), Light-Duty Vehicle Class (Economy, Mid-Size, Luxury), EV Type, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global OCS market is projected to grow at a CAGR of 6.80% during the forecast period, from USD 1.99 billion in 2018 to USD 3.17 billion by 2025. Stringent safety norms for vehicles to pass the NCAP test ratings are expected to drive the OCS market. However, regional disparities in NCAP ratings and public acceptance of safety technologies, which is impacted by high price, are a few restraining factors for the OCS market. The installation of OCS in economy class-vehicles has increased in developing countries. Also, leveraging allied technologies for better accuracy are expected to create opportunities for the OCS market in the coming years. On the other hand, the availability of alternative technologies for occupant classification system can pose challenges for the OCS market. The OCS market for mid-size class segment of light-duty vehicle is projected to grow at the highest CAGR during the forecast period. It is followed by the economy class. The growth of occupant classification system is driven by the increasing sales of luxury and ultra-luxury vehicles in developed and developing countries. The Asia Pacific region is estimated to hold the largest share of the global OCS market in 2018. Increasing demand for vehicles with advanced passive safety features and increasing awareness about green vehicles among people are expected to fuel the growth of the OCS market in the Asia Pacific region. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Technology Overview 7 Occupant Classification System Market, By Sensor Type 8 Occupant Classification System Market, By Component 9 Occupant Classification System Market, By Light-Duty Vehicle Class 10 Occupant Classification System Market, By Electric Vehicle 11 Occupant Classification System Market, By Region, 2018-2025 12 Competitive Landscape 13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/kb8gxz/occupant?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180910005489/en/ |
