Global Automotive Occupant Sensing Market is witnessing a notable growth across the globe. Automotive occupant sensing system comprises of various sensor as seat belt tension sensor, pressure sensors under seat, image sensor, weight sensors, etc. These sensors help comprehend the system in the vehicle to provide added safety features as provide seat belt alarm, deploying the necessary air bags in case of collision. Additionally, these automotive occupant sensing systems also offer better passenger safety and protection with the help of image sensing and ultrasonic techniques in coordination with the advanced driver assistance systems.
Rising Sales of Passenger Cars:
The rising demand for passenger cars across the globe has extensively supported for the systems integrated with it. As the middle-class income in the developing regions are growing the rising disposable income has led to the higher demand for the passenger cars. Additionally, with the increasing demand the buyers have also focused on the models with advanced safety features such as stable body shell, high speed stability, air bags, electronic stability control, occupant sensing, child lock., high speed alarm, etc. Additionally, the customers are also purchasing vehicles in upper models in order to avail such features due to which the car manufacturers have also aligned their efforts to integrate such safety features in the passenger cars.
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Additionally, the growing sales of the passenger cars has promulgated the demand for automotive occupant sensing market in the recent years. According to International Organization of Motor Vehicle Manufacturers (OICA), the total sales of passenger cars in 2020 was around 47.9 million which rose to 57 million in year 2023. This is approximately 18.9% of total growth in the respective period. Additionally, the industry is experiencing a shift towards hybrid, electric and hydrogen fuel based vehicles in order to reduce the carbon emissions from the conventional fueled vehicles as gasoline and diesel. Considering all these changes the demand for automotive occupant sensing in the OEM category is further anticipated to rise during the forecasted period i.e., 2024-2032.
Shift Towards Electric Cars:
Electric Vehicles have gained a notable prominence across the globe considering their lower operational cost, rising fast charging infrastructure, robust government support and extensive investment of the companies to provide newer and long-range electric vehicle options.
Additionally, with the higher cost of electric vehicles the manufacturers are provided added safety features as ADAS, stability control program, occupant sensing systems, etc., for a safer mobility commute with sustainability in consideration.
Additionally, the need for energy efficiency along with the safety features considering the regulatory push to integrate such systems is another feature due to which the electric vehicles category is further anticipated to promote the integration of automotive occupant sensing systems in the forthcoming years i.e., 2024-2032.
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Conclusion:
The Global Automotive Occupant Sensing market is experiencing a transformative phase driven by technological advancements, sustainable vehicle production and operations, digitalization, market dynamics, and implementation of government policies. Stakeholders across the industry are embracing these trends to enhance operational efficiency, etc. According to the Univdatos Market Insights analysis, growing demand for automobiles will drive the growth scenario of Automotive Occupant Sensing and as per their “Automotive Occupant Sensing Market” report, the global market was valued at USD 3,000 million in 2023, growing at a CAGR of 5.95% during the forecast period from 2024 - 2032.
