LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global automotive pedestrian protection system (PPS) market to post a CAGR of nearly 9% during the period 2018-2022. However, the growth momentum of the market is expected to decelerate owing to a decrease in the year-over-year growth.
The introduction of pedestrian protection airbags is one of the major trends being witnessed in the market. In active front panel systems, the front panel of the truck acts as a cowcatcher to prevent a pedestrian from being pulled underneath the truck. This is achieved through airbag technology that is used to push out the front panel of the truck that creates a clearance between the front panel and the grille, and other rigid structures nearby. There may exist cases where, without adequate cushioning, the head of a pedestrian would most likely hit the front panel at a higher velocity than it can safely withstand. In such cases, innovations such as outside airbags can be used to create the required cushioning.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
In this report, Technavio analysts highlight the rising number of pedestrian accidents helping the growth of PPS as a key factor contributing to the growth of the global automotive pedestrian protection system market:
Rising number of pedestrian accidents helping the growth of PPS
The most frequent pedestrian injuries result in the lower or upper leg following an impact with a vehicle. If it is a low-velocity accident, then the injuries are mainly restricted to the areas below the torso, where maximum injuries follow because of an impact with the ground or surrounding obstacles. If it is a high-velocity accident, there are high chances of a secondary impact with the upper bonnet, windscreen, or windscreen surround. Furthermore, there may also be a tertiary impact with the ground and a risk that the pedestrian may get hit by other vehicles. Due to the obvious incidence of upper body injuries, it is important that passive PPS concentrate not only on minimizing the effect of the first impact, but also cushion against the secondary and tertiary impacts.
According to a senior analyst at Technavio for automotive electronics, “The addition of a safety system such as PPS would provide regular alerts to drivers to keep them and their vehicles out of potentially dangerous situations. These systems assist in preventing vehicle accidents during tough situations and protects passengers from injuries and fatalities. Various active and passive automotive safety systems are being used increasingly as passenger and pedestrian safety has become a prime concern for automobile manufacturers.”
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Global automotive pedestrian protection system market segmentation
This market research report segments the global automotive pedestrian protection system market by technology (passive PPS and active PPS) and key regions (the Americas, APAC, and EMEA). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Based on technology, the passive PPS segment held the largest market share in 2017, accounting for over 93% of the market. The market share of this segment is expected to decrease by almost 13% by 2022. However, this segment will dominate the global market throughout the forecast period.
The Americas was the leading region for the global automotive pedestrian protection system market in 2017, accounting for a market share of more than 44%. This region will dominate the global market through 2022.
Save big with Technavio this May!
Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all non-alcoholic beverages reports for the entire month.
Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.