The global automotive pedestrian protection system market was valued at $5,133.2 million in 2017, and is projected to reach $10,183.8 million by 2025, registering a CAGR of 9.1% from 2018 to 2025. The pop-up bonnet segment was the highest contributor to the market, with $ 5,084.5 million in 2017, and is estimated to reach $ 10,040.1 million by 2025, at a CAGR of 9.0% during the forecast period. In 2017, Europe accounted for the highest share in the global automotive pedestrian protection system market.

A pedestrian protection system is used to protect the pedestrians in the event of a sudden collision so that it leads to less harm. This system has sensors that are designed for detecting collisions with pedestrians and an airbag control unit that can trigger the actuators for lifting the engine hood. When the system is activated, the rear section of the bonnet gets raised and the driver receives an automatic alarm. Systems such as popup hood & speed airbags and flexible air tubes are used for pedestrian safety during the time of sudden accidents. The various systems majorly concentrate on protecting the pedestrians heads and limbs. Moreover, as per the core definition, the automotive pedestrian protection system industry is only depending on the sales and latest innovation is done in active hoods and external airbags to save the pedestrian from the collision.

Get Sample PDF@ https://www.alliedmarketresearch.com/request-sample/5246 

Major Market Players:
• Audi AG
• Autoliv, Inc
• Continental AG
• DENSO Corporation
• Mobileye
• Fiat Chrysler Automobiles N.V
• Robert Bosch GmbH
• Nissan Motor Co., Ltd
• ZF Friedrichshafen AG
• VALEO

The global automotive pedestrian protection system market is driven by rise in number of road accidents, high adoption rate of advanced emergency braking system & collision control system, and increase in demand for improved visibility and safety features in vehicles. Furthermore, the shifting consumer preference to enhance driving experience and rise in demand for premium cars fuel the growth of the automotive pedestrian protection system market. In addition, technological steps taken by giant companies for the development of safety features further boost the growth of the global market. The market forecasted from year 2018-2025 by considering all the driving factors that influence equally to the automotive pedestrian protection system market report.
High installation cost and lower efficiency in bad weather conditions are some of the major factors that restrain the growth of the automotive pedestrian protection system market. Moreover, onetime use of external airbags adds up to cost, which is further expected to impend the market growth.

Key Market Segments
• BY COMPONENT TYPE
o Sensors
o Actuators
o Control Units
o Others (camera, accelerometer for air bags)
• BY VEHICLE TYPE
o SUV
o Hatchback
o Sedan
• BY TYPE
o External Airbags
o Pop-up Bonnets
• BY DISTRIBUTION CHANNEL
o OEM
o AFTERMARKET

According to the fact sheet of World Health Organization (WHO), road traffic injury is the leading cause of death among people aged between 15 and 29 years, and 1.25 million people die every year because of road accident. In addition, 90% of the world’s fatalities on the roads occur in low & middle economical countries, though such countries have approximately 54% of the world’s vehicles. Moreover, for most of the countries, road accidents cost 3% of their gross domestic product (GDP). Such factors result in increased demand for the vehicles equipped with autonomous emergency braking system (AEBS) and pedestrian protection systems for safety & security of the vehicle, driver, and people. Furthermore, road accidents cause considerable economic losses to individuals, their families, and nations. Thus, there is a growing demand for safety features in vehicles. Many automobile companies have introduced safety features to cater to the needs of the consumers. The automotive pedestrian protection system market is driven by the growing demand for safety features in automobiles, which in turn fuels the demand for pedestrians protection-based solutions to avoid road accidents.

The high cost associated with installing applications such as external airbags and highly precise collision avoidance sensors in vehicles restrains the growth of the automotive pedestrian protection system market as this factor leads to higher cost of the car. For instance, Subarus EyeSight starts at $1,195. Moreover, for standard brands, less expensive systems are implemented. For instance, Toyotas system costs as little as $500. The prospect of providing premium features in vehicles incurs additional expenses to consumers in the form of hardware, components. Moreover, the serviceability of the vehicle is difficult and requires skilled workers due to several electronic components and sensors. Thus, these factors are expected to have a significant impact on the growth of the automotive pedestrian protection systems market.

Buy Now@ https://www.alliedmarketresearch.com/purchase-enquiry/5246 

Contact Info:
Name: David Correa
Email: Send Email
Organization: Allied Market Research
Address: 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States
Phone: 1-800-792-5285
Website: https://www.alliedmarketresearch.com/ 

About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.