Automotive Occupant Sensing System (OSS) and Whiplash Protection System (WPS) Market Analysis And Segment Forecasts To 2020
Automotive Occupant Sensing System (OSS) and Whiplash Protection System (WPS) market is expected to grow owing to increasing safety needs in automobiles. Increasing initiatives for technological advancements to ensure passenger security and safety is expected to favor market growth over the forecast period. Rising awareness for automotive safety systems is expected to drive the automotive OSS and WPS market. Government regulations and standards regarding vehicle security systems are estimated to positively contribute to market growth.
For More Information on " Automotive Occupant Sensing System (OSS) and Whiplash Protection System (WPS) Market Research Reports" visit http://www.grandviewresearch.com/industry-analysis/automotive-oss-wpsmarket Growing demand of premium cars is expected to be key driving factor for the automotive OSS and WPS market. Additionally, increasing disposable income is further expected to favor market growth over the forecast period. Automotive OSS and WPS are majorly used in aircrafts, passenger cars, light commercial vehicles (LCV) and heavy commercial vehicles (HVC). Passenger car is expected to be the key application segment over the next six years.
Asia Pacific is estimated to grow at a considerable rate owing to presence of key automobile manufacturers in nations including China, India and Japan. North America is estimated to be the key regional segment over the forecast period owing to stringent automobile safety regulations. RoW is also expected to significantly grow owing to increasing living standards over the next six years. Few players in the automotive OSS and WPS market include Robert Bosch, Continental AG, Autoliv Inc, Delphi Automotive and Takata Corporation etc. Robert Bosch is expected to be the key market player over the forecast period. The company is expanding its business by opening new centers in Asia Pacific and RoW. For instance, it has opened new engineering and business solutions
development center in Mexico and has build its first manufacturing site in Indonesia which became operational in 2014. Request TOC of “Automotive Occupant Sensing System (OSS) and Whiplash Protection System (WPS) Market Research Reports" visit http://www.grandviewresearch.com/industry-analysis/automotive-oss-wpsmarket/request-toc
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