How Has the Occupant Classification System Market Size Evolved in Recent Years?
The occupant classification system market has seen considerable growth due to a variety of factors.
• The occupant classification system market has grown strongly in recent years. It will grow from $2.62 billion in 2024 to $2.81 billion in 2025, at a compound annual growth rate (CAGR) of 7.5%.
Growth is driven by rising automotive sales, advanced safety features in vehicles, growing awareness of car accidents, increasing automobile production, and greater adoption of autonomous vehicles.
What are the Market Size and Expected Growth Rates for the Occupant Classification System Market?
The occupant classification system market is expected to maintain its strong growth trajectory in upcoming years.
• The occupant classification system market is expected to see strong growth, reaching $3.72 billion by 2029 with a CAGR of 7.2%.
Growth is attributed to the rising use of pressure sensors, increasing road accidents, the production of autonomous vehicles, growing vehicle accidents, sensor usage, and higher death rates from car accidents. Trends include smart mobility solutions, the implementation of new vehicle security technologies, emerging electronics and internet connectivity, and seat sensor technology advancements.
Which Key Drivers Are Propelling The Occupant Classification System Market's Growth?
The escalating count of road mishaps is predicted to boost the advancement of the occupant classification system market. The surge in road accidents is attributed to several factors including heightened vehicle traffic, distracted driving, speeding, insufficient infrastructure, and lack of adherence to traffic regulations and safety measures. Occupant classification systems play a pivotal role in enhancing road safety by precisely detecting and modulating airbag deployment based on a passenger's size and weight, thus lessening the risk of injuries during accidents. For instance, a report by the Bureau of Infrastructure and Transport Research Economics (BITRE), an Australian organization, stated in May 2023 that in 2022, road crashes led to 1,194 fatalities, representing a 5.8 percent increase compared to 2021. Hence, the rising frequency of road accidents fuels the growth of the occupant classification system market.
What Are The Key Segments Within The Global Occupant Classification System Market?
The occupant classification system market covered in this report is segmented –
1) By Component: Airbag Control Unit, Sensors
2) By Sensor Technology: Wired, Wireless
3) By Mounting Location: Driver Side, Passenger Side
4) By Vehicle Type: Electric Vehicle, Light Vehicle, Other Vehicle Types
5) By Channel: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Airbag Control Unit: ECU (Electronic Control Unit) For Airbags, Software For Airbag Control
2) By Sensors: Pressure Sensors, Weight Sensors, Seat Position Sensors, Proximity Sensors, Capacitive Sensors
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What Emerging Trends Are Influencing The Growth Of The Occupant Classification System Market?
Primary firms in the occupant classification system market, such as Yanfeng Corporate, are placing significant emphasis on the evolution and improvement of seat sensor technology, notably advanced occupant sensing systems. This advanced technology, which incorporates sensors directly into vehicle seats, accurately determines the presence and traits of seat occupants, enabling optimal airbag activation and heightened passenger safety. As an illustration, in January 2024, the China-based automotive company Yanfeng Corporate unveiled the latest version of its Hover Seat, equipped with occupant sensing. This cutting-edge seat is designed with pressure-detecting sensors that adjust to the size and position of the occupant, complemented by an in-built climate control system for superior comfort. This focus on pioneering seat sensor technology signifies the company's mission towards creating safer and smarter vehicle environments, thus propelling the progress of occupant classification systems.
Who Are the Key Players In The Occupant Classification System Market?
Major companies operating in the occupant classification system market are:
• Robert Bosch GmbH
• Siemens AG
• Denso Corporation
• ZF Friedrichshafen AG
• Continental AG
• Hyundai Mobis Co.
• Magna International Inc.
• TE Connectivity Corporation
• Aisin Corporation
• Lear Corporation
• Aptiv plc
• Nidec Corporation
• Joyson Safety Systems Aschaffenburg GmbH
• Renesas Electronics Corp.
• Autoliv Inc.
• ON Semiconductor Corporation
• Hella Inc.
• IEE S.A.
• Toyoda Gosei Co. Ltd.
• HL Mando Corporation
• CTS Corporation
• Calsonic Kansei Corporation
What Are The Regional Insights Into The Occupant Classification System Market?
North America was the largest region in the occupant classification system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the occupant classification system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
