Global Automotive Pedestrian Protection Systems (PPS) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Automotive Pedestrian Protection Systems (PPS) Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global automotive pedestrian protection systems (PPS) market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive pedestrian protection systems market report has been segmented on the basis of technology, application, and region.
Automotive pedestrian protection systems (PPS) is a safe solution for pedestrian protection on vehicles. The system consists of sensors in the front part of the vehicle and an electronic control unit (ECU), which triggers actuators that can lift engine hood within a fraction of a second at the time of accident. The complete section of PPS consists of various technologies such as automatic braking and collision avoidance, advanced driver assistance systems (ADAS), brake assist, driver caution, external airbags, and pop-up bonnets, etc.
Increasing consumer demand for advanced safety, comfort, and convenience automobile systems, and rising number of road accidents are major factors expected to drive growth of the global automotive pedestrian protection systems market over the forecast period. In addition, stringent government regulations among various countries regarding Antilock Braking Systems (ABS), Electronic Brake-Force Distribution (EBD), Advanced Driver Assistance Systems (ADAS), Tire Pressure Management Systems (TPMS), and airbags in order to improve user’s safety, which in turn expected to further fuel growth of the target market over the forecast period. Furthermore, embedded technology in the systems offers efficient operation and improved safety, which is another factor expected to boost growth of the target market over the forecast period. Moreover, technological advancements in automotive industry are expected to propel growth of the global market in the near future.
However, higher implementation cost for pedestrian protection system is a key factor expected to restrain growth of the global automotive pedestrian protection systems (PPS) market over the forecast period. In addition, pedestrian protection systems are more dependent and it offers limited sensors functionality are expected to hamper growth of the target market in the near future.
Ongoing trend observed in the automotive pedestrian protection systems market is increasing adoption of protection airbags and pedestrian safety across automotive industry and this trend is expected to continue over the forecast period.
Technological advancements such as introduction of advanced radar systems and rising use of synthetic or computer vision systems for pedestrian protection systems are expected to create potential revenue opportunities for players operating in the automotive pedestrian protection systems (PPS) market over the forecast period.
Analysis by Region
The market in North America is expected to dominates the global automotive pedestrian protection system (PPS) market in terms of revenue and is expected to continue its dominance over the forecast period. In addition, the market in Asia Pacific is expected to account for highest CAGR over the forecast period, owing to increasing number of vehicle manufacturers and growing demand for electric vehicles in developing countries such as China, India, and Japan.
Global automotive pedestrian protection systems (PPS) market segmentation:
Segmentation by technology:
- Active Pedestrian Protection System
- Passive Pedestrian Protection System
Segmentation by application:
- Passenger Cars (ICE Vehicles)
- Commercial Vehicles (ICE Vehicles)
- Electric & Hybrid Vehicles
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- AUDI AG
- Volvo Car Corporation
- Continental Aktiengesellschaft
- Robert Bosch GmbH
- Toyota Motor Corporation
- ZF Friedrichshafen AG
- Mobileye N.V.
- Subaru Corporation
- Valeo SA
- Honda Motor Co., Ltd.
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