Global Occupant Classification System Market valued was 1.79 Bn in 2019 and is estimated to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period of 2019 to 2026.
The driving factor for the occupant classification system market is increasing vehicle production and its installation of OCS in economy class-vehicles for active and passive safety in developing countries, Vehicle safety norms getting stringent by the day in many countries which is one of the most important factors leading to the increasing deployment of occupant classification systems. High cost in developing technology is restraining the occupant classification system market growth at the global level.
Based on the light-duty vehicle class, the global occupant classification system market is segmented into economy class, mid-size class, and luxury class. A Mid-Size Class segment is expected to gain higher demand due to rise in mid-size vehicle production and its advanced safety feature with sensors enable feature is expected to boost the demand in the market for occupant classification system market.
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Based on the component, the global occupant classification system market is segmented into the airbag control unit and sensors. The Airbag control unit segment is expected to grow at a high CAGR of XX% over the upcoming period due to found in a variety of passenger cars and other types of vehicles. Airbag holds the largest market since its Increase in production of vehicles and already equipped with a smart airbag.
The Scope of the Global Occupant Classification System Market
Global Occupant Classification System Market, By Light-Duty Vehicle Class
• Economy Class
• Mid-Size Class
• Luxury Class
Global Occupant Classification System Market, BY Electric Vehicle Type
• Battery Electric Vehicle (BEV)
• Fuel Cell Electric Vehicle (FCEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Hybrid Electric Vehicle (HEV)
Global Occupant Classification System Market, By Component
• Airbag Control Unit
Global Occupant Classification System Market, By Sensor Type
• Pressure Sensor
• Seat Belt Tension Sensor
Global Occupant Classification System Market, By Geography
• North America
• Middle East & Africa
• Latin America
Key Players Global Occupant Classification System Market
• Aisin Seiki
• Orscheln Products
• TE Connectivity
• Robert Bosch
• Nidec Corporation
• IEE Sensing
• TCS Corporation
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