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Occupant Classification System Market to Record 4.53% CAGR by 2025| Increasing Demand for Vehicles with Modern Active and Passive Safety Features to Drive Growth|Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Nov 18, 2021, 19:00 ET

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NEW YORK, Nov. 18, 2021 /PRNewswire/ -- The occupant classification system market size is set to grow by USD 729.39 mn from 2020 to 2025, according to Technavio. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Read our Sample Report to explore growth opportunities in the occupant classification system market.

Attractive Opportunities in Occupant Classification System Market by Component and Geography - Forecast and Analysis 2021-2025
Attractive Opportunities in Occupant Classification System Market by Component and Geography - Forecast and Analysis 2021-2025

The occupant classification system market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report also covers the following areas:

  • Occupant Classification System Market size
  • Occupant Classification System Market trends
  • Occupant Classification System Market industry analysis

Occupant Classification System Market 2021-2025: Segmentation

  • Component
    • Airbag Control Unit
    • Sensors
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

To learn about the contribution of each segment of the market, Download a Free Sample

Occupant Classification System Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the occupant classification system market include Aptiv Plc, Continental AG, DENSO Corp., Flexpoint Sensor Systems Inc., IEE SA, Joyson Safety Systems Aschaffenburg GmbH, Nidec Corp., ON Semiconductor Corp., Robert Bosch GmbH, and ZF Friedrichshafen AG. Backed with competitive intelligence and benchmarking, our research reports on the occupant classification system market are designed to provide entry support, customer profile & M&As, as well as go-to-market strategy support.

The increasing demand for vehicles with modern active and passive safety features, stringent safety norms for vehicles to pass NCAP test ratings, and automotive production shift to low-cost countries and developing economies will offer immense growth opportunities. However, regional disparities among NCAP safety ratings will hamper the market growth.

Get lifetime access to our Technavio Insights. Subscribe now to our most popular "Lite Plan" billed annually at USD 3000. View 3 reports monthly and Download 3 Reports Annually!

Occupant Classification System Market 2021-2025: Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. Based on geography, the occupant classification system market has been segmented into five regions, namely APAC, Europe, North America, South America, and MEA. According to our research, APAC is expected to account for 53% of the market's growth during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key countries for the occupant classification systems market in APAC. Moreover, the region has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period.

Occupant Classification System Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist occupant classification system market growth during the next five years
  • Estimation of the occupant classification system market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the occupant classification system market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of occupant classification system market vendors

Related Reports:

  • Automotive Light Bars Market: The automotive light bars market has been segmented by end-user (government and non-government) and geography (APAC, North America, Europe, MEA, and South America). Download Free Sample Report  
  • Automotive Aftermarket Market: The automotive aftermarket market has been segmented by vehicle type (passenger cars and commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA). Download Free Sample Report

Occupant Classification System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.53%

Market growth 2021-2025

USD 729.39 million

Market structure

Fragmented

YoY growth (%)

2.97

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 53%

Key consumer countries

China, US, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aptiv Plc, Continental AG, DENSO Corp., Flexpoint Sensor Systems Inc., IEE SA, Joyson Safety Systems Aschaffenburg GmbH, Nidec Corp., ON Semiconductor Corp., Robert Bosch GmbH, and ZF Friedrichshafen AG

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download Latest Free Sample Report for additional highlights on occupant classification system market.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 17,000 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.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

Related Links

http://www.technavio.com

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