North America automotive occupant sensing system market is anticipated to dominate the industry over the next eight years. stringent regulatory norms regarding passenger safety will primarily drive the region’s growth. For instance, U.S. Department of Transportation (DoT) will rate the manufacturers according the safety & security which will make it tougher for the companies to achieve the top ratings.
Automotive sensing starts with securing data on key vendors. The vendors offering are also analyzed for the market segmentation. The stringent safety norms have compelled the manufacturers to provide occupant sensing system in the vehicles. Rising disposable income level has encouraged the people to invest for their safety and security. Environmental factors such as clothing can affect the sensor performance.
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Safety norms, technological advancements and new car assessment program (NCAP) that gives safety ratings according to the performance. High usage of occupant sensing in commercial sector includes offices, classrooms, and corridors for saving energy and enhanced delivery of performance will further impact the automotive occupant sensing system market growth positively.
Technology used in occupant sensing systems directly connects the device with the internet to facilitate data transfer over network. Using smart sensors and technology is helping the companies as well as the customers save money on their energy bills. Proper information will help the airbag to function properly and save the person. Currently, all the vehicles are equipped with the airbag system.
Automotive occupant sensing system market for Sensors used in vehicles such as sensor for temperature, position sensor, speed and pressure sensor etc. are implemented for safety measures. Automotive occupancy sensors are adjusted automatically. They decrease the maintenance cost. The new wireless sensors provide ease in installation.
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Asia Pacific automotive occupant sensing system market will witness a significant growth owing to implementation of safety measures in developing countries including Thailand, China and India. These regulations and rising consumer awareness for safety is increasing the vehicle sales and simultaneously escalating the demand for automotive occupant sensing system market in the region. Europe will grow owing to presence of numerous product suppliers in the region.
Industry is divided by mounting location into passenger side and driver side occupant sensing system. Some of the vehicles are consists of child seat occupant sensing system. These sensors are majorly found in commercial vehicles and its other applications are used in airplanes, light and heavy commercial vehicles.
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Automotive occupant sensing system market is highly consolidated dominated by few players. Lutron Electronics, Leviton Manufacturing Company, Texas Instruments, Hyundai Mobis Co, Key Safety Systems Inc and Volvo AB are among the prominent players in the industry. Industry participants are focusing on technological innovations such as micro phonic sensor, and image processing sensor to gain competitive edge.