Research and Markets (http://www.researchandmarkets.com/research/rkwc9j/global_automotive) has announced the addition of the "Global Automotive Whiplash Protection System Market 2015-2019" report to their offering.
Global Automotive WHIPS Market Expected to Grow at a CAGR of 11.70% Over the Period 2014-2019
The demand for safety systems stems primarily from developed regions/countries such as Europe and the US. However, emerging markets such as India, China, and Brazil are slowly increasing their demand for advanced passive safety systems because of rapid economic growth. In addition, as road fatalities are on the rise, developing countries are changing their vehicle safety regulations as per Euro NCAP and US NCAP standards. Furthermore, with an increase in government regulations to ensure the safety of passengers and an increased demand for automobiles equipped with the safety systems, the market for safety systems, especially WHIPS, is growing. Automobile manufacturers have to comply with country-specific safety norms if they wish to export their vehicles to another country.
According to the report, advanced safety systems are no longer limited to luxury vehicles. As consumers have begun to demand improvements in vehicle safety systems, these systems are now available even in entry-level vehicles in emerging markets. The increased usage of electronic content in entry level vehicles has increased the demand for in-vehicle electronic devices to examine situations and prevent accidents and, when accidents do happen, minimize the impact and extent of injuries. In addition, automobile manufacturers are integrating various passive safety systems with active safety systems (such as integrating WHIPS with brake controllers or with ACC) as they help in reducing the impact of accidents.
Key Topics Covered
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and Their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and Their Impact
- Vendor Landscape
- Key Vendor Analysis
Companies Mentioned
- Aisin Seiki
- Autoliv
- GRAMMER
- ITW Automotive Products
- Johnson Controls
- Kongsberg Automotive
- Lear
- Nissan Motor
- Recaro
- TRW Automotive Holdings
- Toyota
- Volvo Group
- Windsor Machine Stamping
For more information visit http://www.researchandmarkets.com/research/rkwc9j/global_automotive.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150617006472/en/
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Sector: Telematics and Vehicle Electronics