Occupant Classification System Market Portrays High-End Demand Across Major Geographies by 2028
Verfasser: ashwani_kailiya on Wednesday, 16 October 2019Unit sales of occupant classification system are estimated to surpass 205 billion units in 2018, a 5.8% Y-o-Y growth in 2018 over 2017. Overall growth of the occupant classification system can be attributed to,
- Growing emphasis on installation of passenger protection system in automobiles
- Stringent legislative environment and consistent incentives from New Car Assessment Programme (NCAP)
- Consistent innovations in sensing technology landscape backed by significant adoption of the automation environment
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“Automotive safety sensing systems for occupant detection and classification have been in the automotive industry for past few decades. Modern discriminating consumers continue to demand robust sensing solutions in automobiles. The success of auto OEMs to mass produce occupant sensing systems and declining costs of sensing technologies are likely to translate into industry profitability,” says a senior analyst at Fact.MR.