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

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.