The global automotive occupant sensing system and whiplash protection system market is dominated by a few top players such as Robert Bosch (Germany), Autoliv Inc. (Sweden), Continental AG (Germany), Takata Corporation (Japan), and Delphi Automotive PLC.
Dallas, TX (PRWEB) November 11, 2014
The report “Automotive Occupant Sensing System (OSS) and Whiplash Protection System (WPS) Market for Passenger Cars - by Geography - Trends and Forecasts 2014 - 2019” classifies and defines the automotive occupant sensing system and whiplash protection system market in terms of volume and value.
The occupant sensing system market in terms of value is projected to grow $1.6 Billion and whiplash protection system market to grow $2.1 Billion by 2019 at a healthy CAGR of 14.3% and 13.8% respectively from 2014 to 2019.
Browse 71 market tables and 50 figures spread through 291 Slides and in-depth TOC on "Automotive Occupant Sensing System (OSS) and Whiplash Protection System (WPS) Market - Trends and Forecasts 2014 - 2019."
Early buyers will receive 10% customization on this report.
Advanced passive safety systems have already made a significant impact within automotive industry making them more efficient, reliable and safer. Modern vehicles safety passive systems are efficiently reducing the risk of injuries to the passengers. Technological advancements, worldwide safety norms and most importantly affordability are the key factors in terms of making vehicles safety systems as a standard offering / integral part of modern automobiles.
As a consequence, occupant sensing system and whiplash protection system market size, in terms of value, is expected to grow at a CAGR of 14.3% and 13.8% respectively, from 2014 to 2019.
North America and APAC are expected to show significant demand for these systems, on account of rising new vehicle sales as well as need of emerging markets such as China, South East Asia, India, South America and Russia. Yet another factor to contribute significantly in terms of increasing the demand for safer vehicles is the New Car Assessment Program’s (NCAP) where vehicles are awarded with ratings based on its safety performance.
The occupant sensing system and whiplash protection system market is dominated by a few global players and many regional players. A few of the key players are Robert Bosch (Germany), Autoliv Inc. (Sweden), Continental AG (Germany), Takata Corporation (Japan), and others. The top five players accounted for about 50% of the market in 2013. Robert Bosch is the market leader, and it supplies active and passive safety systems through the Bosch automotive technology segment.
Bosch’s worldwide presence enables them to consistently maintain high levels of customer orientation. The Bosch Group intends to build its first manufacturing site in Indonesia, which is expected to begin production in 2014. Bosch has also opened a new plant in Chengdu, western China that will manufacture safety systems for local customers/market.
Speak to Analyst:
Advance technologies and production system will help Bosch sustain its market position. Recently, Bosch launched a new generation of inertial sensors, such as the SMI7xy sensor platform, which is designed specifically for active safety systems and driver assistance systems. Bosch also developed a new generation of acceleration sensors that will make airbag development easier.
Browse related reports
Passenger Car Sensors Market by Application (Powertrain/Drivetrain, Exhaust, Interior/Comfort, DAS, & Body Control), by Sensor Type (Pressure, Temperature, Speed, O2/NOx, Position, & Others) & by Geography - Trends & Forecast to 2019
Automotive Airbag and Seat Belt Market for Passenger Cars - Trends and Forecasts (2014 - 2019)
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/automotive-transportation
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets