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    Child Presence Detection System Market Report

    Child Presence Detection System Market Report
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    Child Presence Detection System Market Size, Share & Forecast | 2022-27
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    Market Insights

    Child Presence Detection System Market is likely to witness an impressive CAGR of 45.8% during the forecast period. Major factors such as growing concern about the number of children dying inside hot automobiles, increasing affordability, and a surge in the sale of SUVs and luxury vehicles are driving the growth of the market. Furthermore, the system's safety features, technological advancement, and government measures and legislation aimed at ensuring the safety of children in hot automobiles are expected to create more opportunities for industry participants over the forecast period.

    Child Presence Detection System Market – Snapshot

    Growth

    45.8% for the next five years

    Major Sensor Type

    Radar Sensor

    Major Sales Channel Type

    OEM

    Major Vehicle Type

    MUV

    Region with the highest demand

    North America

    Key Players

    Aptiv PLC, Continental AG, Denso Corporation, Faurecia, Infineon Technologies AG, Magna International AG, Robert Bosch GmbH, ZF Friedrichshafen AG, Valeo, and Visteon Corporation. 

     

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    Market Segments' Analysis

    Child Presence Detection System Market Share: By Sensor Type

    Based on the sensor type, the market is segmented as ultrasonic sensors, radar sensors, pressure sensors, and others. The radar sensors segment is expected to account for the lion's share of the market during the forecast period. Radar sensors are popular due to their suitability for application needs, as they lessen privacy concerns that other sensing technologies, such as cameras, have.

    Child Presence Detection System Market Share: By Sales Channel Type

    Based on the sales channel type, the market is segmented as OEM and aftermarket. The OEM segment is expected to account for the larger share of the market during the forecast period. Production, procurement, and installation of child monitoring and cabin sensing features are among the processes performed in the OEM segment. Many automakers are working to ensure safety and comfort in order to comply with the recent and upcoming child presence detector technologies around the world. OEM stands for original equipment manufacturer, and it is more credible and genuine to the automotive manufacturer. General Motors is one of the major OEMs, which is offering child presence detection systems on its passenger cars.

    Child Presence Detection System Market Share: By Vehicle Type

    Based on the vehicle type, the market is segmented as hatchback, sedan, SUV, and MUV. The MUV segment is expected to account for the major share of the market during the forecast period due to its cost-effectiveness than any other vehicle type. Furthermore, most MUVs have smaller engines than SUVs and a simpler layout. A simpler layout has fewer moving parts that can fail, resulting in lower maintenance costs.

    Child Presence Detection System Market Share: By Region

    In terms of regions, North America is estimated to be the leading region in the market during the forecast period. The major factor driving the region's market growth is the increased demand for design safety improvements in the vehicle sector, which has significantly contributed to the growth of the child presence detection system market. Furthermore, growing awareness about the dangers of heatstroke in automobiles will boost the market growth during the forecast period. Several major players in North America are investing heavily in new technologies to improve their operations. The region has been quick to adopt new technologies in the automobile industry and, thus expects substantial growth opportunities over the forecast period.

    Market Scope & Segmentation

    A child presence detection system is a device installed in a passenger vehicle that sends an alert signal to the child's caretaker when the child is left unattended for an extended period of time. This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Child Presence Detection System Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The child presence detection system market is segmented into the following categories.

    Child Presence Detection System Market Size, Share, & Forecast, by Sensor Type:

    • Ultrasonic Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Radar Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pressure Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Child Presence Detection System Market Size, Share, & Forecast, by Vehicle Propulsion Type:

    • Electric Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • ICE Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Child Presence Detection System Market Size, Share, & Forecast, by Sales Channel Type:

    • OEM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Child Presence Detection System Market Size, Share, & Forecast, by Vehicle Type:

    • Hatchback (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sedan (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • SUV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • MUV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Child Presence Detection System Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the Child Presence Detection System Market are-

    • Aptiv PLC
    • Continental AG
    • Denso Corporation
    • Faurecia
    • Infineon Technologies AG
    • Magna International AG
    • Robert Bosch GmbH
    • ZF Friedrichshafen AG
    • Valeo
    • Visteon Corporation.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the sensor types by vehicle type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQ)

    Child Presence Detection System Market is likely to witness an impressive CAGR of 45.8% during the forecast period.

    Some of the key players in the child presence detection system market are Aptiv PLC, Continental AG, Denso Corporation, Faurecia, Infineon Technologies AG, Magna International AG, Robert Bosch GmbH, ZF Friedrichshafen AG, Valeo, and Visteon Corporation.

    North America is estimated to be the leading region in the market during the forecast period.

    The major factor driving the region's market growth is the increased demand for design safety improvements in the vehicle sector, which has significantly contributed to the growth of the child presence detection system market.

    The MUV segment is expected to account for the major share of the Child Presence Detection System Market during the forecast period.

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