Occupant Classification System Market by Component and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71154
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The occupant classification system market share should rise by USD 729.39 million from 2021 to 2025 at a CAGR of 4.53%.

This occupant classification system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by component (airbag control unit, sensors, and others) and geography (APAC, Europe, North America, South America, and MEA). The occupant classification system market report also offers information on several market vendors, including Aptiv Plc, Continental AG, DENSO Corp., Flexpoint Sensor Systems Inc., IEE SA, Joyson Safety Systems Aschaffenburg GmbH, Nidec Corp., ON Semiconductor Corp., Robert Bosch GmbH, and ZF Friedrichshafen AG among others.

What will the Occupant Classification System Market Size be in 2021?

To Unlock the Occupant Classification System Market Size for 2021 and Other Important Statistics, Download the Free Report Sample!

Occupant Classification System Market: Key Drivers and Trends

The increasing demand for vehicles with modern active and passive safety features is notably driving the occupant classification system market growth, although factors such as regional disparities among NCAP safety ratings may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the occupant classification system industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This occupant classification system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Occupant Classification System Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aptiv Plc
  • Continental AG
  • DENSO Corp.
  • Flexpoint Sensor Systems Inc.
  • IEE SA
  • Joyson Safety Systems Aschaffenburg GmbH
  • Nidec Corp.
  • ON Semiconductor Corp.
  • Robert Bosch GmbH
  • ZF Friedrichshafen AG

 

The vendor landscape of the occupant classification system market entails successful business strategies deployed by the vendors. The occupant classification system market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the occupant classification system market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Occupant Classification System Market?

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53% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for occupant classification systems in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Component Segments in the Occupant Classification System Market?

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The occupant classification system market share growth by the airbag control unit segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the occupant classification system market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Occupant Classification System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.53%

Market growth 2021-2025

$ 729.39 million

Market structure

Fragmented

YoY growth (%)

2.97

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 53%

Key consumer countries

China, US, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Aptiv Plc, Continental AG, DENSO Corp., Flexpoint Sensor Systems Inc., IEE SA, Joyson Safety Systems Aschaffenburg GmbH, Nidec Corp., ON Semiconductor Corp., Robert Bosch GmbH, and ZF Friedrichshafen AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Occupant Classification System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive occupant classification system market growth during the next five years
  • Precise estimation of the occupant classification system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the occupant classification system market across APAC, Europe, North America, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of occupant classification system market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The occupant classification system market growth will increase by $729.39 million during 2020-2025.
The occupant classification system market is expected to grow at a CAGR of 4.53% during 2020-2025.
Technavio has segmented the occupant classification system market by component (Airbag control unit, Sensors, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
Aptiv Plc, Continental AG, DENSO Corp., Flexpoint Sensor Systems Inc., IEE SA, Joyson Safety Systems Aschaffenburg GmbH, Nidec Corp., ON Semiconductor Corp., Robert Bosch GmbH, ZF Friedrichshafen AG are a few of the key vendors in the occupant classification system market.
APAC will register the highest growth rate of 52.68% among the other regions. Therefore, the occupant classification system market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • Japan
  • Germany
  • South Korea (Republic of Korea)
The key factors driving the occupant classification system market growth are:
  • Increasing demand for vehicles with modern active and passive safety features
The occupant classification system market vendors should focus on grabbing business opportunities from the airbag control unit segment as it accounted for the largest market share in the base year.
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