Automotive Pedestrian Protection Systems (PPS) Market predicted to grow at a CAGR of 19.95 percent to US$ 4,994.0 million by 2025

 Automotive Pedestrian Protection System Market

The global automotive pedestrian protection system market was valued at US$ 992.8 million in 2016 and is predicted to grow at a CAGR of 19.95 percent to US$ 4,994.0 million by 2025. Pedestrian protection systems (PPS) provide pedestrian safety that is both safe and cost-effective. It also complies with the legal standards for pedestrian protection on automobiles. The system consists of front-end sensors and an electronic control unit (ECU) that activates actuators that can lift the engine hood in a fraction of a second. In the event of an accident, this offers a safe buffer for the pedestrian's head.



Consumers' growing preference for safe, comfortable, and convenient car systems is propelling market expansion. Furthermore, the industry is being fueled by the rising occurrence of traffic accidents. As a result, government rules governing Antilock Braking Systems (ABS), Advanced Driver Assistance Systems (ADAS), Electronic Brake-Force Distribution (EBD), Tire Pressure Management Systems (TPMS), and airbags are becoming increasingly popular around the world. The Transportation Recall Enhancement, Accountability, and Documentation (TREAD) Act of 2008, for example, mandated the installation of tyre pressure monitoring system (TPMS) technology in all passenger vehicles to improve driver and passenger safety through a dashboard warning system.

Furthermore, the European Union imposed tyre pressure monitoring systems (TPMS) in passenger car models in November 2012, according to the TREAD Act. Airbags and Anti-Lock Braking Systems (ABS) are also required in all passenger cars by the United States Highway Safety Act of 1991. The embedded technology in the systems allows for more efficient operation and increased safety, which is projected to drive the automotive pedestrian protection systems market rise.

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.

The expensive expense of installing pedestrian protection measures, on the other hand, is limiting industry expansion. Airbags, for example, have some limitations, such as the fact that they only inflate once on impact and must be replaced after that. Furthermore, it is costly, therefore the need for airbag installation will be infrequent.



North America accounted for the largest market share in 2016

The global automobile pedestrian protection system market is divided into North America, Europe, Asia Pacific, the Middle East, and Africa based on geography. The North American automotive pedestrian protection system market dominated in 2016 and is likely to continue to do so throughout the forecast period. In this region, the market for pedestrian protection systems in automobiles is expected to reach US$ 1,997.3 million by 2025. Stringency of the regulatory bodies towards reducing the carbon footprint and emissions, and prevention of road accidents are the factors propelling growth of regional automotive pedestrian protection. For example, in the United States, the Corporate Average Fuel Economy (CAFÉ) Standards promote the adoption of energy efficient automobiles by establishing laws aimed at reducing petroleum consumption and increasing the use of alternative fuel vehicles such as hybrids also emphasised lowering greenhouse gas emissions and encouraging the development of innovative technologies that would increase reliance on renewable and energy-efficient sources. As a result, the worldwide automotive pedestrian protection system market has a very favourable environment for growth.

The National Highway Traffic Safety Administration of the United States Department of Transportation declared in 2016 that automakers in the United States must incorporate an autonomous emergency braking system as a standard feature for all automobiles and trucks by 2022.

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