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Automotive Pedestrian Protection System Market to Reach $10.18 Billion by 2025 at 9.1% CAGR: Allied Market Research
[May 16, 2019]

Automotive Pedestrian Protection System Market to Reach $10.18 Billion by 2025 at 9.1% CAGR: Allied Market Research


Rise in number of road accidents, high adoption rate of advanced emergency braking & collision control system, and rising demand for improved visibility as well as safety features have fueled the growth of the global automotive pedestrian protection system market

PORTLAND, Oregon, May 16, 2019 /PRNewswire/ -- Allied Market Research published a report, titled, "Automotive Pedestrian Protection System Market by Type (External Airbags and Pop-Up Bonnets), Component Type (Sensors, Actuators, Control Units, and Others), Vehicle Type (SUV, Hatchback, and Sedan), and Distribution Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2018–2025." The report provides a detailed synopsis of the drivers, restraints, and opportunities dominating the industry. Also, it confers on top pocket investments, technology trends, segmentation, and market size & share that are currently ruling the segment. As per the report, the global automotive pedestrian protection system market was estimated at $5.13 billion in 2017 and is expected to hit $10.18 billion in 2025, growing at a CAGR of 9.1% during the study period.

Allied_Market_Research

Rise in number of road accidents, high adoption rate of advanced emergency braking & collision control system, and rising demand for improved visibility as well as safety features have fueled the growth of the global automotive pedestrian protection system market. On the other hand, high integration & maintenance cost and lower efficiency in bad weather conditions have restrained the growth to certain extent. However, rise in the number of passengers, increasing automotive safety norms, and growing registrations for luxury vehicles have created multiple opportunities in the segment.

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Pop-up bonnets to hold the lion's share

Based on type, the pop-up bonnets segment held the lion's share in terms of revenue in 2017, accounting for more than 99% of the total market. Factors such as reduced fatalities as well as road accidents and safety & security norms set by NCAP are expected to mount up the adoption of active hood technology during the study period.

The sensors segment to maintain its top status during the forecast period

Based on component, the sensors segment contributed to more than two-fifth of the total market in 2017 and is expected to dominate through 2025. Feature of disinguishing fixed as well as moving object, ability of penetration through fog, snow, rain, darkness, clouds and more, and determination of angular position, location, and velocity of the object have spurred the growth of the segment.



OEM segment to rule the roost

Based on distribution channel, the OEM segment held the highest share in 2017, accounting for 99% of the total market. The increase in demand for automotive safety features and components from OEM has worked as the prime factor behind the worthwhile growth of the segment.


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Europe to continue its dominance in terms of revenue by 2025-

Based on region, Europe contributed to more than two-fifth of the total market in 2017 and is expected to remain dominant throughout the forecast period. Government norms (NCAP) for automotive pedestrian safety, rapid industrialization and focus on developing newer products to meet changes in consumer demands in the region have driven the growth.

Leading Market Players-

The key market players analyzed in the research include Robert Bosch GmbH, Audi AG, Magneti Marelli SpA, Continental AG, Mobileye N.V., Autoliv, ZF Friedrichshafen AG, Nissan Motor Corporation, Valeo, and Denso Corporation. They have adopted a plethora of strategies such as group effort, partnerships, mergers & acquisitions, developments, joint ventures, and others to retain a stronghold in the industry.

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Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Cision View original content:http://www.prnewswire.com/news-releases/automotive-pedestrian-protection-system-market-to-reach-10-18-billion-by-2025-at-9-1-cagr-allied-market-research-300851586.html

SOURCE Allied Market Research


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