The European pedestrian detection systems market is was valued at USD 3.03 billion in 2022, and it is estimated to reach USD 9.32 billion by 2028, registering a CAGR of 16.71% during the forecast period.
The COVID-19 pandemic had a negative impact on the market studied as lockdowns and trade restrictions led to supply chain disruptions and a halt of vehicle production across the world. However, as restrictions eased, players started focusing on mitigating such risks and developments to create momentum in the market during the forecast period.
The pedestrian detection system is an important component of the driver assistance system, which is developed with the intention of avoiding collisions between the vehicle and pedestrians, especially while driving during night time. The night-time pedestrian detection system works by letting the driver of the vehicle know about the obstacles on the road with the help of a near-infrared (NIR) camera and its displaying unit.
Over the long term, growing safety concerns and government regulations regarding passenger and pedestrian safety, along with the increase in demand for premium vehicles, are some of the driving factors of the market. Over the years, there has been a significant growth in the number of vehicles on the road and the construction of roads, resulting in a higher rate of road accidents.
The market is expanding as a result of customers becoming more aware of the advantages of having pedestrian protection systems installed in vehicles for the safety of drivers, passengers, and pedestrians, as well as the rising number of traffic accidents around the world. The expansion of pedestrian protection systems is being fueled by rising consumer demand for high-end vehicles as a result of shifting consumer preferences. Bicyclists and other road users also gain from systems with improved features, which explains why solutions based on pedestrian protection are widely used worldwide.
Additionally, it is anticipated that increased government initiatives and ongoing technological innovation would fuel market expansion. Additionally, during the projection period, market participants would benefit from technical developments in the automotive sector.
Simultaneously, governments across the world are focusing on designing several legislative policies and regulations to monitor the users and are proposing policies mandating and encouraging consumers to install ADAS components in vehicles to mitigate rising road accidents across several countries. For instance, the Indian government has already mandated a requirement for ABS on motorcycles with a focus on improving vehicle safety. Currently, India is working to make Electronic Stability Control (ESC) and Autonomous Emergency Braking (AEB) mandatory in cars by 2022-2023.
Moreover, in an effort to lower the number of accidents in the nation, the Ministry of Road Transport and Highways announced that it is now working on making ADAS (advanced driver assistance systems) essential for automobiles.
Driver assistance systems, such as AEBS (advanced emergency braking system), driver drowsiness attention system, blind-spot information system, lane-departure warning system, forward collision warning, and others, were under discussion by ministry.
As of mid-2022, all new cars put on the EU market may have to be equipped with advanced safety systems. Following an agreement with the European Parliament in March 2021, the council adopted a regulation on the general safety of motor vehicles and the protection of vehicle occupants and vulnerable road users in a bid to significantly reduce the number of road casualties. Additionally, Euro NCAP, a government-backed group that rates cars for safety, may require cars to have a driver-monitoring system in order to earn a five-star safety rating starting in 2023 or 2024.
Under the new rules, all motor vehicles (including trucks, buses, vans, and sport utility vehicles) may have to be equipped with the following safety features: intelligent speed assistance, alcohol interlock installation facilitation, driver drowsiness and attention warning systems, advanced driver distraction warning systems, emergency stop signals, reversing detection systems, event data recorders, accurate tire pressure monitoring, etc. Supplementary advanced safety measures may be required for cars and vans. These include advanced emergency braking systems, emergency lane-keeping systems, enlarged head impact protection zones capable of mitigating injuries in collisions with vulnerable road users, such as pedestrians and cyclists.
Installation of new plants by OEM suppliers in the country may evolve the market for driver safety systems significantly over the forecast period. An increase in the number of new plants in Germany, to increase the implementation of ADAS systems in cars may lower the cost incurred on importing the systems, thereby driving the market for ADAS systems. For instance, Denso, a major automotive supplier, has set up DENSO ADAS engineering services GmbH in Germany to enhance the development of safety technology in cars to curb the rate of road traffic accidents.
To reduce the number of accidents and fatalities, the department of transportation has made it compulsory to incorporate forward collision avoidance technology systems in vehicles from 2017 onward. This system has a combination of long-range detection (e.g. adaptive cruise control), short-range and wide-angle system (e.g. pedestrian detection), and autonomous emergency braking. This regulation is anticipated to drive the market for pedestrian detection system in the country over the forecast period.
An increasing number of automobile manufacturers companies are integrating sensors for pedestrian detection to enhance their product offerings. While most manufacturers are integrating sensors and cameras in new cars, other sensor-based companies are offering add-on sensors, which can be used in cars without pre-installed pedestrian detection systems.
Latest developments in pedestrian detection systems in passenger cars include:
This product will be delivered within 2 business days.
The COVID-19 pandemic had a negative impact on the market studied as lockdowns and trade restrictions led to supply chain disruptions and a halt of vehicle production across the world. However, as restrictions eased, players started focusing on mitigating such risks and developments to create momentum in the market during the forecast period.
The pedestrian detection system is an important component of the driver assistance system, which is developed with the intention of avoiding collisions between the vehicle and pedestrians, especially while driving during night time. The night-time pedestrian detection system works by letting the driver of the vehicle know about the obstacles on the road with the help of a near-infrared (NIR) camera and its displaying unit.
Over the long term, growing safety concerns and government regulations regarding passenger and pedestrian safety, along with the increase in demand for premium vehicles, are some of the driving factors of the market. Over the years, there has been a significant growth in the number of vehicles on the road and the construction of roads, resulting in a higher rate of road accidents.
The market is expanding as a result of customers becoming more aware of the advantages of having pedestrian protection systems installed in vehicles for the safety of drivers, passengers, and pedestrians, as well as the rising number of traffic accidents around the world. The expansion of pedestrian protection systems is being fueled by rising consumer demand for high-end vehicles as a result of shifting consumer preferences. Bicyclists and other road users also gain from systems with improved features, which explains why solutions based on pedestrian protection are widely used worldwide.
Additionally, it is anticipated that increased government initiatives and ongoing technological innovation would fuel market expansion. Additionally, during the projection period, market participants would benefit from technical developments in the automotive sector.
Europe Pedestrian Detection Systems Market Trends
Increasing Adoption of ADAS Systems Driving the Market
Advanced driver assistance systems (ADAS) are vehicle-based intelligent safety systems, developed and deployed by vehicle manufacturers, which have the potential to improve road safety in terms of crash avoidance, crash severity reduction, and protection. Owing to a plethora of features offered by ADAS, like auto stability control, cruise control, traction control, and blind spot detection, among others, the demand for the installation of ADAS features in vehicles is likely to witness exponential growth over the forecast period.Simultaneously, governments across the world are focusing on designing several legislative policies and regulations to monitor the users and are proposing policies mandating and encouraging consumers to install ADAS components in vehicles to mitigate rising road accidents across several countries. For instance, the Indian government has already mandated a requirement for ABS on motorcycles with a focus on improving vehicle safety. Currently, India is working to make Electronic Stability Control (ESC) and Autonomous Emergency Braking (AEB) mandatory in cars by 2022-2023.
Moreover, in an effort to lower the number of accidents in the nation, the Ministry of Road Transport and Highways announced that it is now working on making ADAS (advanced driver assistance systems) essential for automobiles.
Driver assistance systems, such as AEBS (advanced emergency braking system), driver drowsiness attention system, blind-spot information system, lane-departure warning system, forward collision warning, and others, were under discussion by ministry.
As of mid-2022, all new cars put on the EU market may have to be equipped with advanced safety systems. Following an agreement with the European Parliament in March 2021, the council adopted a regulation on the general safety of motor vehicles and the protection of vehicle occupants and vulnerable road users in a bid to significantly reduce the number of road casualties. Additionally, Euro NCAP, a government-backed group that rates cars for safety, may require cars to have a driver-monitoring system in order to earn a five-star safety rating starting in 2023 or 2024.
Under the new rules, all motor vehicles (including trucks, buses, vans, and sport utility vehicles) may have to be equipped with the following safety features: intelligent speed assistance, alcohol interlock installation facilitation, driver drowsiness and attention warning systems, advanced driver distraction warning systems, emergency stop signals, reversing detection systems, event data recorders, accurate tire pressure monitoring, etc. Supplementary advanced safety measures may be required for cars and vans. These include advanced emergency braking systems, emergency lane-keeping systems, enlarged head impact protection zones capable of mitigating injuries in collisions with vulnerable road users, such as pedestrians and cyclists.
Germany Leading the Pedestrian Detection Systems Market in Europe
With the presence of luxury car makers, like Audi, BMW, Mercedes, etc. in the country, customers’ preferences have shifted to vehicles with luxurious and advanced features from that of a conventional variant. These car manufacturers are focusing on the preferences of their elite customers for their new products.Installation of new plants by OEM suppliers in the country may evolve the market for driver safety systems significantly over the forecast period. An increase in the number of new plants in Germany, to increase the implementation of ADAS systems in cars may lower the cost incurred on importing the systems, thereby driving the market for ADAS systems. For instance, Denso, a major automotive supplier, has set up DENSO ADAS engineering services GmbH in Germany to enhance the development of safety technology in cars to curb the rate of road traffic accidents.
To reduce the number of accidents and fatalities, the department of transportation has made it compulsory to incorporate forward collision avoidance technology systems in vehicles from 2017 onward. This system has a combination of long-range detection (e.g. adaptive cruise control), short-range and wide-angle system (e.g. pedestrian detection), and autonomous emergency braking. This regulation is anticipated to drive the market for pedestrian detection system in the country over the forecast period.
Europe Pedestrian Detection Systems Market Competitor Analysis
Some of the key players in the market include Robert Bosch, Continental AG, ZF Friedrichshafen, Aptiv PLC, Autoliv, and others. They are entering into partnerships and planning to invest in the latest features.An increasing number of automobile manufacturers companies are integrating sensors for pedestrian detection to enhance their product offerings. While most manufacturers are integrating sensors and cameras in new cars, other sensor-based companies are offering add-on sensors, which can be used in cars without pre-installed pedestrian detection systems.
Latest developments in pedestrian detection systems in passenger cars include:
- January, 2023: ZF unveiled its Smart Camera 6 for ADAS and autonomous driving systems. The Smart Camera 6 uses Mobileye's EyeQ6 processor, which has a 120-degree field of vision and supports over-the-air updates for system upgrades. Through its Image Processing Module (IPM) for 3D surround vision, Interior Monitoring Systems, and more, ZF also provides multi-sensor environmental monitoring. IPM 6 and Smart Camera 6 are prepared to begin manufacturing in 2025. With capabilities including AEB and Pedestrian AEB, VACC, Camera/Radar Fusion, 3D surround vision, Driver Monitoring and Interior Monitoring, and e-Mirror, the systems are fully expandable from 1 to 12 satellite camera inputs as well as radar, ultrasonic, or LiDAR sensors.
Additional benefits of purchasing the report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Vehicle Manufacturers
- Pedestrian Detection System Manufacturers
Methodology
LOADING...
