Occupant Classification System Market

Occupant Classification System Market

Occupant Classification System Market
Report code - SRTI152 Delivery - 2 Weeks
Occupant Classification System Market Size, Share, Trend, Forecast, & Industry Analysi See more...

Market Insights

The occupant classification system market is projected to grow from US$ 2.08 Billion in 2021 to reach US$ 3.26 Billion in 2028 and is likely to grow at a CAGR of 6.63% during the forecast period.

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What is occupant classification system market?

Occupant classification system (OCS) is critical to front passenger’s safety. OCS detects the presence of the passenger, his approximate weight, and the seating position of the front passenger within the passenger compartment. This is critical information for accurate passenger-side airbag deployment. The data from OCS is used to determine if the airbag should be deployed, and the velocity at which it should be deployed during a collision. Different deployment velocities are used depending on the weight of the passenger.

Market Drivers

Owing to the strict safety norms led by the New Car Assessment Program (NCAP), there is a high growth of the occupant classification system market across the globe. Likewise, safety standards are soon to be implemented in the emerging economies, such as India, China, and Brazil, which is going to further influence the occupant classification system market globally.

 Occupant Classification System Market - Snapshot

Growth (2022-2028)

CAGR of 6.63%

Major Sensor Type

Seat belt tension sensor

Dominant Light Duty Vehicle

Mid-size class

Region with the highest demand

Asia-Pacific

Key Players

Aisin Seiki Co., Ltd., TE Connectivity, ZF Friedrichshafen AG, Continental  AG, Aptiv PLC, Robert Bosch GmbH, Denso Corporation, Autoliv Inc.,  Nidec Corporation, TCS Corporation, Joyson Safety Systems, Keihin  Corporation, Calsonic Kansei Corporation, Shanghai Shanben Industrial  E.&I. Co., Ltd, and Flexpoint Sensor Systems.

Segment Analysis

By Sensor Type-

The market is segmented as pressure sensor and seat belt tension sensor. The seat belt tension sensor segment holds the larger share of the occupant classification system market due to the adoption of passive safety standards in an automobile along with the imminent government directives in the emerging economies. The pressure sensor segment is estimated to register a faster growth in the coming five years. Further, the sensors segment is anticipated to witness the fastest growth during the forecast period. Sensors form an integral part of the occupant classification system mechanism in an automobile.

By Light-Duty Vehicle Type-

The market is segmented as economy class, mid-size class, and luxury class. The mid-size class is projected to register the largest share of the market in the coming five years. The growing installation of occupant classification system in mid-size and luxury class of vehicles further drives the growth of the global occupant classification system market.

By Region

Asia-Pacific is expected to remain the largest market for occupant classification systems in the coming five years. The market is driven by the rising automobile production, adoption of safety features, and the presence of top-notch OEMs along with automotive component suppliers in the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Segmentation

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.

The occupant classification system market is segmented into the following categories. 

By Sensor Type:

  • Pressure Sensor
  • Seat Belt Tension Sensor

By Component Type:

  • Air Bag Control Unit
  • Sensors
  • Others

By Light-Duty Vehicle Type:

  • Economy Class
  • Mid-Size Class
  • Luxury Class

By Electric Vehicle Type:

  • Battery Electric Vehicle (BEV)
  • Fuel Cell Electric Vehicle (FCEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)
  • Hybrid Electric Vehicle (HEV)

By Region:

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

Key Players

Some of the occupant classification system manufacturers are-

  • Aisin Seiki Co., Ltd.
  • TE Connectivity
  • ZF Friedrichshafen AG
  • Continental AG
  • Aptiv PLC
  • Robert Bosch GmbH
  • Denso Corporation
  • Autoliv Inc.
  • Nidec Corporation
  • TCS Corporation
  • Joyson Safety Systems
  • Keihin Corporation
  • Calsonic Kansei Corporation
  • Shanghai Shanben Industrial E.&I. Co., Ltd
  • Flexpoint Sensor Systems.

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:

  • Overview, industry life cycle analysis, supply chain analysis
  • Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Trend and forecast analysis
  • 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 – Features

 Market Segmentation

 5

 Regions Covered

 4

 Countries/Sub-Regions Covered

 15

 No. of Figures & Tables

 >150

 Company Profiles

 10

Customization Options

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) 

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 (FAQs)

Occupant classification system (OCS) is critical to front passenger’s safety. OCS detects the presence of the passenger, his approximate weight, and the seating position of the front passenger within the passenger compartment. This is critical information for accurate passenger-side airbag deployment. The data from OCS is used to determine if the airbag should be deployed, and the velocity at which it should be deployed during a collision. Different deployment velocities are used depending on the weight of the passenger.

Occupant classification system market size is likely to witness an impressive CAGR of 6.63% during the forecast period to reach US$ 3.26 Bn in 2028.

Asia-Pacific is projected to remain the largest market during the forecast period, in terms of both value and volume.

Aisin Seiki Co., Ltd., TE Connectivity, ZF Friedrichshafen AG, Continental AG, Aptiv PLC, Robert Bosch GmbH, Denso Corporation, Autoliv Inc., Nidec Corporation, TCS Corporation, Joyson Safety Systems, Keihin Corporation, Calsonic Kansei Corporation, Shanghai Shanben Industrial E.&I. Co., Ltd, and Flexpoint Sensor Systems are among the key players in the market.

The seat belt tension sensor segment holds the larger share of the market.

The mid-size class is expected to register the largest share in the market in the coming years.

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