Market Overview:
The global light vehicle occupant sensing system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and rising safety concerns among consumers. The front sensing system segment is expected to account for the majority of the market share during the forecast period, owing to its growing demand in passenger vehicles. The rear sensing system segment is also expected to witness significant growth during the forecast period, due to its increasing demand in commercial vehicles. North America is estimated to hold a major share of the global light vehicle occupant sensing system market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A light vehicle occupant sensing system is a device used in vehicles to determine if someone is sitting in the front or rear seats. The system can then adjust settings, such as airbag deployment, based on that information. The system is important because it helps ensure that people are safely protected while driving.
Front Sensing System:
The global front sensing system, it's usage and growth factor in light vehicle occupant sensing systems market was valued at USD 6.6 billion in 2015. The increasing demand for Advanced Driver Assistance Systems (ADAS) is expected to drive the industry over the forecast period.
Rear Sensing System:
The rear sensing system is used in Light Vehicle Occupant Sensing System. It helps to understand the position of the vehicle and its movement, by means of a transceiver mounted on the vehicle. The information obtained from these sensors is transmitted to an electronic control unit which processes it and provides appropriate feedback to brake lights or any other driver assistance systems.
Application Insights:
Passenger vehicle application segment led the market and accounted for more than 70.0% share of the global revenue in 2017. The growth is attributed to increasing demand for passenger vehicles with advanced safety features, such as blind-spot detection and lane departure warning systems, which require a large number of sensors. Moreover, government regulations that mandate the use of Advanced Driver Assistance Systems (ADAS) are expected to boost product demand over the forecast period.
The commercial vehicle application segment is anticipated to witness significant growth over the forecast period owing to rising adoption of lvOSCS in heavy trucks and buses across developed economies including U.S., Germany and France on account of stringent regulations pertaining road safety implemented by these governments agencies along with an increase in awareness about driver distraction due to external factors such as road conditions, weather etc.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a notable increase in demand for advanced driver assistance systems (ADAS) and passenger safety systems. Increasing road accidents are one of the major factors propelling regional growth. According to WHO, each year around 152,000 people die on American roads and this number is estimated to reach 210,000 by 2020 if urgent preventive measures are not taken.
Asia Pacific emerged as the fastest-growing regional market from 2018 to 2030 owing high growth rate registered by emerging economies such as India.
Growth Factors:
- Increasing demand for safety features in vehicles
- Government regulations for vehicle safety features
- Technological advancements in occupant sensing systems
- Growing demand for luxury and premium cars
- Rising disposable income of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Vehicle Occupant Sensing System Market Research Report
By Type
Front Sensing System, Rear Sensing System
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Autoliv, Bosch, Continental, Aptiv, Takata Corporation, Lear Corporation, ZF, Joyson Safety Systems, Volvo, Hyundai Mobis, IEE Sensing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Light Vehicle Occupant Sensing System Market Report Segments:
The global Light Vehicle Occupant Sensing System market is segmented on the basis of:
Types
Front Sensing System, Rear Sensing System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Autoliv
- Bosch
- Continental
- Aptiv
- Takata Corporation
- Lear Corporation
- ZF
- Joyson Safety Systems
- Volvo
- Hyundai Mobis
- IEE Sensing
Highlights of The Light Vehicle Occupant Sensing System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Front Sensing System
- Rear Sensing System
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Light Vehicle Occupant Sensing System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Light Vehicle Occupant Sensing System (LVIS) is a safety technology that uses sensors to detect the presence of people inside a vehicle. LVIS systems can be used in cars, trucks, buses, and other vehicles. They are often paired with airbags or seat-mounted sensors to help protect people in the event of a crash.
Some of the major companies in the light vehicle occupant sensing system market are Autoliv, Bosch, Continental, Aptiv, Takata Corporation, Lear Corporation, ZF, Joyson Safety Systems, Volvo, Hyundai Mobis, IEE Sensing.
The light vehicle occupant sensing system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Vehicle Occupant Sensing System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Light Vehicle Occupant Sensing System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Vehicle Occupant Sensing System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Light Vehicle Occupant Sensing System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Light Vehicle Occupant Sensing System Market Size & Forecast, 2018-2028
4.5.1 Light Vehicle Occupant Sensing System Market Size and Y-o-Y Growth
4.5.2 Light Vehicle Occupant Sensing System Market Absolute $ Opportunity
Chapter 5 Global Light Vehicle Occupant Sensing System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Light Vehicle Occupant Sensing System Market Size Forecast by Type
5.2.1 Front Sensing System
5.2.2 Rear Sensing System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Light Vehicle Occupant Sensing System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Light Vehicle Occupant Sensing System Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Vehicle Occupant Sensing System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Light Vehicle Occupant Sensing System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Light Vehicle Occupant Sensing System Analysis and Forecast
9.1 Introduction
9.2 North America Light Vehicle Occupant Sensing System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Light Vehicle Occupant Sensing System Market Size Forecast by Type
9.6.1 Front Sensing System
9.6.2 Rear Sensing System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Light Vehicle Occupant Sensing System Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Light Vehicle Occupant Sensing System Analysis and Forecast
10.1 Introduction
10.2 Europe Light Vehicle Occupant Sensing System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Light Vehicle Occupant Sensing System Market Size Forecast by Type
10.6.1 Front Sensing System
10.6.2 Rear Sensing System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Light Vehicle Occupant Sensing System Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Light Vehicle Occupant Sensing System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Light Vehicle Occupant Sensing System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Light Vehicle Occupant Sensing System Market Size Forecast by Type
11.6.1 Front Sensing System
11.6.2 Rear Sensing System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Light Vehicle Occupant Sensing System Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Light Vehicle Occupant Sensing System Analysis and Forecast
12.1 Introduction
12.2 Latin America Light Vehicle Occupant Sensing System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Light Vehicle Occupant Sensing System Market Size Forecast by Type
12.6.1 Front Sensing System
12.6.2 Rear Sensing System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Light Vehicle Occupant Sensing System Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Light Vehicle Occupant Sensing System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Light Vehicle Occupant Sensing System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Light Vehicle Occupant Sensing System Market Size Forecast by Type
13.6.1 Front Sensing System
13.6.2 Rear Sensing System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Light Vehicle Occupant Sensing System Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Light Vehicle Occupant Sensing System Market: Competitive Dashboard
14.2 Global Light Vehicle Occupant Sensing System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 Bosch
14.3.3 Continental
14.3.4 Aptiv
14.3.5 Takata Corporation
14.3.6 Lear Corporation
14.3.7 ZF
14.3.8 Joyson Safety Systems
14.3.9 Volvo
14.3.10 Hyundai Mobis
14.3.11 IEE Sensing
