The new automotive generation is not only equipped with comfort, style, speed, power, functions automation (X-by-wire) and fuel efficiency (think green fuel) but also with increased safety. Research and innovation in sensors, cameras, radars and other value-added components is equipping the cars for increased safety of pedestrians. A number of vehicular accidents involve pedestrian casualties. With the augmentation of technology that can sense the presence of pedestrians in the path of the cars, earlier available only in high-priced cars like the Mercedes S-class, it is obvious that automation is coming to automobiles and in a big way.
The global market for pedestrian detection systems in cars was worth USD XX million in 2014 and is expected to reach USD XX million by 2020, at a CAGR of XX%. The global market for sensors, critical to pedestrian detection by automobiles, is ever expanding.
Pedestrian Detection Systems- Drivers
Pedestrian detection technology includes auto-scanning of roadways ahead for pedestrians, notifications, and warnings issued to the driver and if the pre-decided distance is not maintained, the automobiles are designed to auto-brake. The radars and cameras, typically fitted in places on the vehicles from where spotting pedestrians can be easier, for example, the front and back of the vehicle on the windshields and bumpers respectively, are operational at a range of speeds and can go higher than 50 miles per hour.
The high cost of systems and associated components, making it impossible to integrate sensors for pedestrian detection in mass market cars, ongoing research, inadequate research in updating existing research and a few other factors contribute to the bottlenecks in this market. The report segments the market for global pedestrian detection systems by type, region and vendors.
An increasing number of automobile manufacturers like Ford, Toyota and others are integrating sensors for pedestrian detection to enhance their product offerings. While most manufacturers are integrating sensors and cameras in new cars, other sensor based companies are offering add-on sensors that can be used in cars without pre-installed pedestrian detection systems and include names like Mobileye, among others. The largest market for automotive sensors is Europe, while the highest growth market is the Asia-Pacific, with a CAGR of over 7%.
Some of the major manufacturers mentioned in the report are:
What the Report Offers
• Complete market insights, the driving forces of the market, the challenges it faces, pedestrian detection technology in automobiles and their applications.
• A complete market breakdown by different geographies to give a detailed picture of the market in that particular region.
• Information about major vendors of pedestrian detection technology in automobiles, the strategies they adopt, along with the major products, financials, recent developments and profiles of these vendors.
Who should be Interested in this Report?