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(IT-NEWSWIRE.COM, February 11, 2018 ) Automotive Occupant Sensing System Market 2018
Global Automotive Occupant Sensing System Market Information Report by Vehicle Type (Passenger Vehicle, Light Commercial Vehicle and Heavy Commercial Vehicle), by Product Type (EGR Valve, EGR Cooler and EGR Pipe) and by Regions - Global Forecast To 2023
Market Scenario
Automotive Occupant Sensing System (OSS) has been witnessing steady growth over a period of time. Automotive occupant sensing systems basically detect the presence of individuals in the vehicle, based on which the amount of deflation or inflation is required by airbags in case of an accident. The demand for safety features in automobiles, stringent government norms, and rapidly rising safety awareness among individuals, are some of the factors primarily driving the automotive occupant sensing system market. With the New Car Assessments Program awarding safety ratings based on vehicle safety performance, automotive manufacturers have been increasingly integrating automotive OSS with vehicles. Earlier available only in premium vehicles, these features have started been integrated in entry level vehicles by automobile manufacturers so as to broaden their customer base. This propels the demand in the automotive occupant sensing system market. Automotive occupant sensing system market is expected to register a CAGR of almost 9%.
Key Players
The key players of global Automotive Occupant Sensing System market are Autoliv (Sweden), Robert Bosch (Germany), Continental AG (Germany), Takata Corporation (Japan), Delphi Automotive Plc.(U.K.), Hyundai Mobis Co.(South Korea), Lear Corporation (U.S.), ZF Friedrichshafen AG (Germany), Key Safety Systems Inc.(U.S.), and Volvo AB (Sweden).
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Regional Analysis
The market for Automotive Occupant Sensing systems is expected to grow with an increase in demand for automobile, majorly in the United States. There is an immense demand of commercial vehicles in the U. S., which hasincreased the demand for Automotive Occupant Sensing System market here. The growth of the North America region is also driven by the presence of major automotive system manufacturers, who are mainly focusing on key developments such as expansion, mergers & acquisition, product launch and others. Moreover, the spending of much of the time in Vehicles by people generates the need for adoption of advanced technologies, such as automotive OSS. Owing to all these factors, the growth of the region is expected to grow at a rapid pace.
The dominance of APAC in the global Automotive Occupant Sensing System market value is due to the presence of the most populous countries of the world such as China and India. The market has been experiencing rapid growth in the last two years owing to the rising sales of passenger cars, emerging economies, shifting of global players, and technological advancements. These factors give the much needed thrust to the Automotive Occupant Sensing System market. Other major reasons behind APAC leading the global market are the countries being able to sustain the economy during the global economic crisis of 2008-09, and have continued growth in automobile production and sales across the globe.
The report for Global Automotive Occupant Sensing System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Complete Report Details @ https://www.marketresearchfuture.com/reports/automotive-occupant-sensing-system-market-4693
Table of Contents
1 Introduction
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Automotive Occupant Sensing System, By Vehicle Type
8 Automotive Occupant Sensing System, By Region
9 Company Landscape
10 Company Profile
11 Appendix
Continued…….
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