Global Commercial Vehicle Pedestrian Protection Systems (PPS) Market 2017-2021

This market research study identifies Daimler Trucks, Continental, Delphi, Robert Bosch, ZF TRW, MAN, Scania, and Volvo Trucks as the leading players in the global commercial vehicle pedestrian protection systems (PPS) market. A comprehensive analysis of this market is also presented by technology (forward collision warning, blind spot detection, adaptive cruise control, and automatic emergency braking systems) and by geography (the Americas, APAC, and EMEA).

Overview of the global commercial vehicle pedestrian protection systems (PPS) market

According to Technavio’s market research report, the global commercial vehicle PPS market will grow at a steady rate and post a CAGR of more than 7% during the forecast period. The increasing regional and global regulations for the adoption of PPS systems in new motor vehicles will drive the growth prospects for the global commercial vehicle PPS market until the end of 2021. These regulations impose the mandatory factory-fitment of PPS to prevent pedestrian injuries and deaths that are caused by driver-based offenses such as drunken driving, distracted driving, and talking on the cell phone while driving. Various supporters such as Euro NCAP, the United Nations Economic Commission for Europe (UNECE), Society of Automotive Engineers (SAE), and Centre for Automotive Safety Research (CASR) are also increasingly encouraging the integration of PPS in all factory-fitted vehicles, which in turn, will stimulate growth in the global commercial vehicle PPS market.

The growing use of pedestrian safety and protection airbags will be one of the key trends that will influence the growth of the commercial vehicle PPS market. The airbag deployment technology used in active front panel systems, enables the truck to act as a cow-catcher and prevent pedestrians from being pulled under the truck. Also, as the front panel of the truck is pushed out, it creates a clearance between the front panel, the grille, and other rigid structures nearby.

Competitive landscape and key vendors

The global commercial vehicle PPS market comprises of several vendors. A large number of vendors are increasingly involved in the production and distribution of various active safety systems such as the radar systems, vision systems, night vision systems, brake systems, and active hood or front panels. They also offer many passive safety systems such as the pedestrian protection airbags, seatbelts, steering wheel, passive safety electronics, and PPS.

Key vendors in this market are -

• Daimler Trucks
• Continental
• Delphi
• Robert Bosch
• ZF TRW
• MAN
• Scania
• Volvo Trucks

Other prominent vendors in the market include DAF, Iveco, Autoliv, Clarion, DENSO, Hitachi Automotive, Magna International, Mobileye, Valeo, and Wabco.

Segmentation by technology and analysis of the commercial vehicle PPS market

• Forward collision warning (FCW)
• Blind spot detection (BSD)
• Adaptive cruise control (ACC)
• Automatic emergency braking systems (AEBS)

The automatic emergency braking systems (AEBS) segment accounted for the majority market share during 2016 and will continue its dominance in the global commercial vehicle PPS market throughout the projected period. The manufacturers of LCVs and HCVs are increasingly adopting the usage of automatic emergency braking systems in their vehicles to avoid lane departure and rear-end collisions in heavy-duty trucks and other vehicles. Also, the mandatory governmental initiatives to use AEBS in commercial vehicles will further drive the market segment's growth.

Segmentation by geography and analysis of the commercial vehicle PPS market

• Americas
• APAC
• EMEA

In terms of geography, EMEA accounted for the maximum market shares of the commercial vehicle pedestrian protection systems market during 2016 and will continue to dominate the market in the forthcoming years. The increasing number of guidelines that mandate the use of advanced braking systems in vehicles, stringent government regulations to reduce harmful emissions, and mandatory regulations to equip all vehicles with advanced driver assistance systems (ADAS), will drive the adoption rate commercial vehicle pedestrian protection systems in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global commercial vehicle pedestrian protection systems (PPS) market?
• What are the key market trends impacting the growth of the global commercial vehicle pedestrian protection systems (PPS) market?
• What are the challenges to market growth?
• Who are the key vendors in the global commercial vehicle pedestrian protection systems (PPS) market?
• What are the market opportunities and threats faced by the vendors in the global commercial vehicle pedestrian protection systems (PPS) market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global commercial vehicle pedestrian protection systems (PPS) market?

Technavio also offers customization on reports based on specific client requirement.

Factors like the rising implementation of luxury features in commercial vehicles are predicted to influence the demand for pedestrian protection systems over the next couple of years. Technavio’s reports for the automotive electronics portfolio cover a broad range of markets including automotive components. Technavio also offers data on many factors like the evolution of consumer behavior and the demand-supply shifts in the automotive electronics industry’s marketspace. Our market research reports also offer extensive insights on all the vendors who possess significant market shares in the automotive industry.

To correctly estimate the industry’s growth possibilities, our market research specialists follow a triangulated approach of primary and secondary research and also conduct an extensive analysis of various features, such as technological development and the different products and services offered by the leading vendors in the automotive market space. To help clients develop new plans for growth, this upcoming industry research report on the global commercial vehicle pedestrian protection system market for the forecasted period of 2017 to 2021 offers a complete summary constructed from the statistics composed from reliable sources of information such as manufacturers, channel partners, regulatory bodies, and stakeholders.

This upcoming industry research report on the global commercial vehicle pedestrian protection system market also considers the growth of related markets such as automotive parking heater, which is expected to grow at a CAGR of nearly 4% by 2021. This upcoming industry research report on the global commercial vehicle pedestrian protection system market also enlists the market drivers, trends emerging, and the challenges currently come across by the automotive industry and also presents insights into segments like powertrain.