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Occupant Classification System Market Share

  • Report ID: GMI3254
  • Published Date: Apr 2019
  • Report Format: PDF

Occupant Classification System Market Share

  • Aisin Seiki
  • Continental AG
  • Denso
  • Robert Bosch
  • ZF Friedrichshafen AG

are some of the leading players in the industry. The companies are working on developing new products to have a competitive advantage over their counterparts. Many of the leading suppliers in the occupant classification system market focus on strengthening the distribution network by partnerships with other companies. In April 2019, Denso announced that it will invest USD 1.6 billion for increasing its production of automotive electrification systems. Flexpoint Sensor Systems, which is a leading provider of several sensors for occupant detections has several partners for distribution.

 

Robert Bosch is one of the leading automotive systems suppliers, which is consistently investing in research & development. The company invested around USD 8.2 billion in R&D activities in 2017. It is expanding its manufacturing plants globally including Braga and Portugal. The market has become competitive owing to the presence of several automotive & sensor suppliers.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of occupant classification system valued at over USD 2 billion in 2018.

The industry share of occupant classification system is estimated to exhibit 7% CAGR from 2019 to 2025.

Increased emphasis on passenger safety along with introduction of several federal norms encouraging the integration of advanced safety features in newer vehicles is driving the demand for occupant classification systems in the automotive sector.

Increasing consumer spending on new vehicles that are integrated with advanced safety features as well as presence of renowned luxury car manufacturers has influenced new revenue growth opportunities in Europe.

Aisin Seiki, Continental AG, Denso, Robert Bosch, and ZF Friedrichshafen AG are some of the leading players in the industry.

Occupant Classification System Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 14
  • Tables & Figures: 195
  • Countries covered: 19
  • Pages: 155
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