Global Child Presence Detection System Market

Global Child Presence Detection System Market Size, Share, Growth Analysis, By Sensor Type(Radar sensors, Ultrasonic sensors), By vehicle type(Hatchback, Sedan), By sales channel(OEMs, and Aftermarket.), By vehicle propulsion(Electric vehicle, and ICE vehicle.) - Industry Forecast 2024-2031

Report ID: SQMIG45I2076 | Region: Global | Published Date: February, 2024
Pages: 285 | Tables: 117 | Figures: 77

Share your requirements to help us to customize the report.
   I acknowledge that I have read the Privacy Policy
Confidentiality

We respect your privacy rights and safeguard your personal information. We prevent the disclosure of personal information to third parties.

Analyst Support
$5,300
BUY NOW GET FREE SAMPLE

FAQs

Child Presence Detection System Market size was valued at USD 79.8 million in 2019 and is poised to grow from USD 110.8 million in 2023 to USD 4,111.8 million by 2031, growing at a CAGR of 50.2% in the forecast period (2024-2031).

Multiple local, regional, and global vendors can be discovered in the market for child presence detection methods. All of the players are always vying for a larger market share in this fiercely competitive industry. Some of the key elements that could limit market growth are fierce rivalry, quick technological advancements, frequent changes in regulatory requirements, and strict environmental laws. 'Intel Corporation', 'AISIN SEIKI Co., Ltd.', 'ZF Friedrichshafen AG', 'Robert Bosch GmbH', 'Continental AG', 'Harman International Industries, Inc.', 'Denso Corporation', 'Veoneer, Inc.', 'Aptiv PLC', 'Hyundai Mobis Co., Ltd.', 'Vayyar Imaging Ltd.', 'Ficosa International, S.A.', 'Hella GmbH & Co. KGaA', 'Preco Electronics, LLC', 'Stoneridge, Inc.', 'Hitachi, Ltd.', 'Flex Ltd.', 'Magna International Inc.', 'Autoliv Inc.', 'TE Connectivity Ltd.'

It is expected that growing SUV demand will drive product innovation and development for child presence detection methods. SUV will increase, allowing manufacturers to create more advanced child presence detection system features for SUVs. As a result, it is anticipated that the market for child presence detection systems would rise and present opportunities for market players over the course of the projected period due to the rising sales of SUVs. Notwithstanding the pandemic, global SUV sales have remained strong, rising by more than 10% between 2021 and 2022. In 2022, SUV sales are expected to surpass 45% of all new car sales globally, reaching new highs for both volume and market share.

The implementation of radar sensor technology outside of the car has progressed a lot, but radar-based sensor technologies are also enabling automakers to create more powerful safety systems, particularly occupant-presence detection. Sensor technologies are used by advanced driver assistance systems (ADAS) to understand the natural area, which includes other vehicles, pedestrians, bicycles, and structures. The same technology used inside cars, such seat belt reminders, airbag activation, and child presence warnings, may soon reach previously unheard-of levels of accuracy and dependability. For occupant detection, in-cabin sensor accuracy is essential. Automotive radar sensors offer an effective solution that is easy to use and relatively inexpensive. There are several uses for in-cabin sensing that are intended to keep passengers safe, but child-presence detection has recently drawn a significant amount of attention from automakers and customers due to the potentially fatal consequences of leaving children alone in vehicles. Therefore, the industry has a chance to increase as radar technology and in-cabin sensing advance.

North America is expected to lead the market in terms of regions throughout the course of the forecast. The rising demand for design safety enhancements in the automotive sector, which has considerably fueled the expansion of the kid presence detection system market, is the main driver of the region's market. The dangers of heatstroke in cars are also becoming more well known, which will spur market expansion during the projection period. To enhance their operations, a number of significant firms in North America are making significant investments in new technology. The region expects significant potential for expansion throughout the projected period since it has been quick to adopt new technologies in the automotive industry.

Related Reports

Global Handwriting Digital Pen Market
Buy Now GET FREE SAMPLE
IOT Gateway Devices Market
Buy Now GET FREE SAMPLE
Hardware Support Services Market
Buy Now GET FREE SAMPLE
Global Serverless Architecture Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Child Presence Detection System Market

Product ID: SQMIG45I2076

$5,300
BUY NOW GET FREE SAMPLE