"Market Intelligence for High-Geared Performance"

Automotive Occupant Sensing System Market Size, Share & Industry Analysis, By Type (Cameras, Strain Gauges, Pressure Mats, Ultrasonic Sensors), By Market Type (OEM, Aftermarket), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast 2021-2028

Region : Global | Report ID: FBI103587 | Status : Ongoing

 

KEY MARKET INSIGHTS

Automotive occupant sensing system is a technologically advanced system that senses the presence of occupants in the vehicles. These system decides the amount of airbags to be inflated or deflated in case of an accident. Protection of occupants in the vehicles is the prime significant factor for the automotive manufacturers as well as the consumers. The stringent government norms and rapid growth in the safety concerns among people are few of the many factors for the increasing demand for automotive occupant sensing system in the global market. Earlier, the automotive occupant sensing systems were only installed in premium and high performance vehicles, but nowadays, the automobile manufacturers have started integrating these systems in entry level and mid-sized cars as well which is propelling the demand for this product in the market. Additionally, the governing bodies are taking initiatives to promote the driver and passenger safety systems in order to reduce and eliminate the damages caused during an accident. The increasing number of road fatalities is forcing people to integrate advanced safety systems in vehicles. Also, the regulatory authorities of several countries have mandated the installation of airbags which is thus fuelling the growth of the automotive occupant sensing system market.


Key Market Driver -

Increasing number of road accidents and rising safety awareness among individuals is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

High cost of installation and replacement may hinder the growth of the market during the forecast period.


Market Segmentation:


Globally, the automotive occupant sensing system market is segmented by type, by market type, by vehicle type, and by geographic coverage. Based on type, the market is further segmented into cameras, strain gauges, pressure mats, and ultrasonic sensors. The ultrasonic sensors holds the major share in the global market. Infrared sensors and ultrasonic sensors are widely used in occupant sensing systems. Many manufacturers are providing passenger sensing systems based on LiDAR technology, which is expected to provide higher reliability. The market type is further divided into OEM and aftermarket. The OEM segment holds the significant revenue share in the global market. The OEM fitted occupant sensing system are widely used in vehicles as they provide accurate and reliable functioning with greater durability. The OEM made occupant sensing systems are more cost effective as compared to the aftermarket systems owing to which the demand for in built systems are gaining high traction in the market. The vehicle type is further segmented into passenger cars and commercial vehicles. The passenger cars segment accounts for the largest share in the global market and is expected to boost in the coming years. With the exponential growth of passenger transportation in passenger cars, occupant sensing systems are becoming more and more popular with passenger cars. The number of passenger cars has increased owing to the rapid growth of car rental and taxi activities as well as increased tourism activities owing to the increase in disposable income, which in turn drives the occupant sensing system in the global market.


Key Players:


Major players operating in the global automotive occupant sensing system market include Robert Bosch GmbH, HYUNDAI MOBIS, Flexpoint, Delphi Technologies, Texas Instruments Incorporated, Continental AG, LeddarTech Inc., ZF Friedrichshafen Ag, Schneider Electric. LeddarTech Inc., Hamamatsu Photonics K.K., and FURUKAWA ELECTRIC CO., LTD. among others.


Key Insights



  • New Advancements in automotive occupant sensing system

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the automotive occupant sensing system market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Europe holds the significant share in the global occupant sensing system market owing to the larger market of luxury cars as people in this region are less price-sensitive as compared to the other emerging economies. Also, the rapid adoption and development of technologically advanced safety systems in vehicles has boosted the demand for automotive occupant sensing system in this region. Moreover, the stringent government norms towards the safety of occupants as well as mandate use of airbags and other safety systems in vehicles is also fuelling the growth of the market in this region. Asia Pacific also shown an exponential growth in the global market and is expected to dominate in the global market in the forecast period owing to the rapid growth in the sales and production of vehicles in this region. The governments of this region are also taking initiatives to promote the use of safety systems in vehicles which is expected to drive the market growth.


To gain extensive insights into the market, Request for Customization


Segmentation


























 ATTRIBUTE


  DETAILS

By Type




  • Cameras

  • Strain Gauges

  • Pressure Mats

  • Ultrasonic Sensors



By Market Type




  • OEM

  • Aftermarket



By Vehicle Type




  • Passenger Cars

  • Commercial Vehicles



By Geography




  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



Automotive Occupant Sensing System Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients

Deloitee
GM
Hitachi
Toshiba
Bosch

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X