Global Occupant Classification System Market Inclined to Deliver Positive Growth Results until 2028

Posted on 2019-02-28 by Mark Hub in Industrial // 0 Comments

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Fact.MR has collated a new study of occupant classification system market and published a report titled, “Occupant Classification System Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028.” The report covers all the vital aspects of the occupant classification system market such as market drivers, trends, opportunities and challenges that hold significant influence on the occupant classification system market growth for the historical period of 2013-2017 and forecast period of 2018-2028.

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Occupant classification system is a part of passenger safety system installed in every modern vehicle to provide safety of vehicle occupants. The occupant classification system has multiple sensors that detect passenger existence, passenger weight and sitting posture of the passenger and prevent injuries from faulty air bag deployment.

Automaker’s Focus on Sensor Innovations Befits the Market’s Progressive Outlook

Increasing reliance on electronic systems to enhance passenger safety, comfort and automobile performance have led automakers to implement sensor technologies in the advanced vehicle models. Sensor innovation is one of the most trending landscape in the automotive industry witnessing significant stakeholder attention in terms of investments. Among multiple sensor technologies under development, occupant classification system technology such as an occupant gesture-recognition is one of the key sensing technologies where automotive OEMs’ focus is concentrated.

In the past half a decade, the occupant classification system manufacturers have witnessed a number of collaborations to implement these technologies in new automobile models. For instance, in 2015, Fraunhofer ISC researchers in collaboration with Isringhausen GmbH launched smart driver seat which has a sensor-based gesture control system.

Air Bags – A Mandatory Safety Feature in Automobiles Ensures Occupant Classification System Market Sustenance

The occupant classification system (OCS) is a part of the air bag system and referred to as the supplemental restraint system. Deployment of air bags has significantly reduced the driver and passenger fatalities. Going beyond this fact, automakers are focusing on implementing safety sensing system to mitigate impacts of erroneous air bags deflation and reduce instances of faulty airbag fatalities.

The National Highway Transportation and Safety Administration (NHTSA) has mandated that from 2006, all automobiles on the U.S. roads be equipped with an automatic suppression system with an aim to avoid child or adult fatalities. Further, NHTSA has funded several projects to test occupant classification system such as an adaptive occupant restraint system and crash sensing system.

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Rising Vehicle Parc Statistics Present Lucrative Opportunities for Occupant Classification System Market

An evident rise in the number of vehicles in operation (VIO) and growing emphasis on installation of automated safety features in automobiles present opportunities for occupant classification system manufacturers. According to the International Organization of Motor Vehicle Manufacturers (OICA), statistics of passenger car sales reached 71 million whereas commercial vehicle sales crossed 25 million in 2017, signifying the growing vehicle ownership across the globe.

Growing population of discriminating consumers with increased purchase power consistently seek advanced safety features in their automobiles purchase. As most mid-sized passenger car models are now equipped with advanced occupant classification system, rising number of vehicles on road is likely to augur well for occupant classification system manufacturers.

Steadily Rising On-Road Autonomous Vehicle Fleet Presents Opportunities for Occupant Classification System Manufacturers

Automotive stakeholders have accelerated their efforts for the commercialization of autonomous vehicles. As autonomous fleet epitomizes the automation environment driven by sensor technologies, steadily rising sales of autonomous vehicles present lucrative opportunities for occupant classification system manufacturers. Being driverless in nature, autonomous vehicles incorporate distinct and reliable sensor technology to ensure passenger safety.

As autonomous vehicle manufacturers ensure passenger safety by aligning the vehicle features to regulatory standards, installation of occupant classification system in autonomous vehicles is set to rise in the future, thereby propelling the growth of the occupant classification system market.

Competitive Landscape

Few of the profiled players in the occupant classification system market include Robert Bosch GmbH, TE Connectivity, ZF Friedrichshafen AG, AISIN SEIKI Co., Ltd., Aptiv, IEE Sensing and Joyson Safety Systems among others.

The occupant classification system market players are leveraging product development, partnership with distributors and collaboration strategies to increase their market share.

Flexpoint Sensor Systems, Inc., a leading provider of occupant classification system has partnered with two of the prominent U.S. auto manufacturers who targeting to incorporate Flexpoint’s occupant classification system technologies – seat sensor technology and pedestrian impact sensor system in their 2020 production model.

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