Uploaded on Mar 17, 2020
The global automotive pedestrian protection system market was valued at US$ 992.8 Mn in 2016 and is expected to increase to US$ 4,994.0 Mn by 2025, registering a CAGR of 19.95% over the forecast period.
Automotive Pedestrian Protection Systems (PPS) Market
Automotive Pedestrian Protection Systems
(PPS) Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Automotive Pedestrian Protection Systems (PPS) Market – Overview
The global automotive pedestrian protection system market was valued at US$ 992.8 Mn in 2016 and is
expected to increase to US$ 4,994.0 Mn by 2025, registering a CAGR of 19.95% over the forecast period.
Pedestrian protection systems (PPS) offers safe and cost-effective solutions for the protection of
pedestrians. Also, it fulfils the legal requirements necessary for automotive 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 the engine hood within a fraction of a second. This provides a
safe buffer for the pedestrian's head in the incidence of an accident.
REPORT DESCRIPTION
Automotive Pedestrian Protection Systems (PPS) Market – Dynamics
Advancement in radar system is one of the major drivers for growth of the global automotive pedestrian
protection systems market. Radars are necessary in advanced autonomous driving system. It provides
warning to the driver regarding potential collisions and can be used to avoid blind spot crashes. Radar
sensors are responsible for collecting vital information such as range, angle, and Doppler velocity. This
information is used to determine the driving situation and give warning to the driver in potentially
dangerous situations.
However, high cost for implementing safety features for pedestrian protection is restraining growth of the
market. For instance, airbags have some limitations such as it inflates just once on impact, after which it
needs to be replaced. Moreover, it is expensive and hence, the requirement for installation of airbag every
time will be cost nominal.
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REPORT DESCRIPTION
Automotive Pedestrian Protection Systems (PPS) Market – Key Players
● Audi AG
● Volvo Car Corporation
● Continental AG
● Robert Bosch GmbH
● Toyota Motor Corporation
● ZF Friedrichshafen AG
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