Pedestrian Protection Airbag Market: Global Trends, Analysis and Forecast, 2019–2027

Integration of technology for expanded safety of vehicles is primarily driving installation of Pedestrian Protection Airbag systems, states Transparency Market Research (TMR) in a new market study publication. Increasing awareness among individuals for added on-roads safety of vehicles is resulting in installation of Pedestrian Protection Airbag systems. With increasing practices of long distance driving for leisure and business, drivers are increasingly recognizing the significance of Pedestrian Protection Airbag systems to stay connected remotely at all times. Serving this, growth of Pedestrian Protection Airbag market is poised to be significant in the years ahead. 

In most developed counties, government mandates for remote monitoring of vehicles necessitate adoption of advanced systems such as Pedestrian Protection Airbag . Besides this, economic prosperity and high spending to equip vehicles with hi-tech systems for infotainment is fuelling demand for Pedestrian Protection Airbag systems. Rapid advancements in technology and its widespread adoption for everyday functioning, in general, are stoking demand of such systems for vehicles in developed countries. Due to such reasons, North America and Europe hold substantial share in the global Pedestrian Protection Airbag market.

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On the other hand, lack of mandates for additional safety features of vehicles and low spending capacity account for slow adoption of Pedestrian Protection Airbag systems in developing countries. High cost of equipping vehicles with hi-tech infotainment systems also limits their adoption in developing countries. Limited affordability of hi-tech systems for vehicles also limits their adoption in developing countries. Resultantly, such factors account for low share of Asia Pacific in the Pedestrian Protection Airbag market. 

The vendor landscape of the Pedestrian Protection Airbag market is largely consolidated, states the TMR report. Technological expertise and high cost of Pedestrian Protection Airbag systems limits their production among top-notch companies in this space. Geographical expanse and collaboration of large players with OEMs also account for their large share in the Pedestrian Protection Airbag market. 

Meanwhile, regional players are vying to gain foothold in the Pedestrian Protection Airbag market. Low cost of Pedestrian Protection Airbag systems developed by small players resulting in their increasing collaboration with OEMs is eating up share of large players in the Pedestrian Protection Airbag market. This could transform the vendor landscape of the Pedestrian Protection Airbag market to be fragmented.

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Continual technological upgrades in Pedestrian Protection Airbag systems serves to be plus for the growth of Pedestrian Protection Airbag market. Lane departure warning, blind spot warning, steering angle sensor, and heart rate monitoring are some advancements in Pedestrian Protection Airbag systems from predecessor ones. This bolsters growth of Pedestrian Protection Airbag market.

Table of Contents Covered in this Pedestrian Protection Airbag Market Report are: 

  1. Global Pedestrian Protection Airbag Market – Executive Summary 
  1. Market Introduction

    2.1. Market Definition

    2.2. Market Taxonomy 

  1. Global Pedestrian Protection Airbag Market Analysis Scenario

    3.1. Market Volume Projections

    3.2. Market Size and Forecast

        3.2.1. Market Size and Y-o-Y Growth

        3.2.2. Absolute $ Opportunity 

  1. Market Dynamics 
  1. Global Pedestrian Protection Airbag Market Pricing Analysis

    5.1. Regional Average Pricing Analysis

        5.1.1. North America

        5.1.2. Latin America

        5.1.3. Europe

        5.1.4. Asia Pacific

        5.1.5. Middle East & Africa 

  1. Global Pedestrian Protection Airbag Market Analysis and Forecast, By Source
  2. Global Pedestrian Protection Airbag Market Analysis and Forecast, By Form
  3. Global Pedestrian Protection Airbag Market Analysis and Forecast, By Application
  4. Global Pedestrian Protection Airbag Market Analysis and Forecast, By Region
  5. North America Pedestrian Protection Airbag Market Analysis and Forecast
  6. Latin America Pedestrian Protection Airbag Market Analysis and Forecast
  7. Europe Pedestrian Protection Airbag Market Analysis and Forecast 
  1. Asia Pacific Pedestrian Protection Airbag Market Analysis and Forecast
  2. Middle East & Africa Pedestrian Protection Airbag Market Analysis and Forecast
  3. Pedestrian Protection Airbag Market Industry Structure
  4. Competition Landscape
  5. Assumptions & Acronyms Used
  6. Research Methodology

 

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