Asia Pacific Automotive Child Presence Detection System Market

Asia Pacific Automotive Child Presence Detection System Market Size, Share & Trends Analysis Report By Sales Channel (OEM and Aftermarket), By Types (Radar Sensor, Ultrasonic Sensor, Pressure Sensor and Others), By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-23125 Publication Date: June-2024 Number of Pages: 114
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Market Report Description

The Asia Pacific Automotive Child Presence Detection System Market would witness market growth of 40.8% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Automotive Child Presence Detection System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $32.8 Million by 2031. The Japan market is registering a CAGR of 39.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 41.8% during (2024 - 2031).

Asia Pacific Automotive Child Presence Detection System Market

Consumers are increasingly aware of the risks of leaving children unattended in vehicles, leading to increased demand for advanced safety features like CPDS. High-profile incidents of hot car deaths and media coverage have heightened public awareness of the importance of child safety in vehicles, driving consumer demand for vehicles equipped with CPDS. Consumers increasingly prioritize child safety features when purchasing vehicles, influencing automotive manufacturers to integrate CPDS into their vehicle models.

Similarly, automotive manufacturers are proactively incorporating CPDS into their vehicle designs as part of their commitment to enhancing vehicle safety. Many manufacturers have launched initiatives to improve child safety features in their vehicles, including integrating CPDS as standard or optional equipment. By offering CPDS as a standard safety feature, manufacturers aim to differentiate their vehicles in the market and appeal to safety-conscious consumers.

With a steadily increasing number of automobiles on the road, China has the largest automotive sector in the world. As the automobile sector expands in China, driven by rising disposable incomes, urbanization, and government policies promoting domestic consumption, the demand for advanced safety features, including CPDS, increases significantly. As per the International Trade Administration (ITA) in 2023, China continues to hold its position as the worldwide leader in annual vehicle sales and manufacturing output, and it is projected that domestic production will reach 35 million vehicles by 2025. Vehicle sales in 2021 were over 26 million. Among these, passenger vehicles accounted for 21.48 million, reflecting a 7.1% growth compared to the previous year. Additionally, Incidents of children being left unattended in vehicles, which can lead to heat-related injuries or fatalities, raise public awareness of the importance of child safety in vehicles. As awareness grows, there is an increased demand for advanced safety features like CPDS among Australian consumers. Parents and caregivers prioritize vehicles equipped with CPDS to ensure their children's safety while traveling and prevent accidents. According to Kidsafe, every year in Australia, over 5,000 children are rescued after being left unattended in a car. Thus, the increasing automotive industry and high cases of children left unattended drive the market's growth.

Free Valuable Insights: The Global Automotive Child Presence Detection System Market is Predict to reach USD 493 Million by 2031, at a CAGR of 39.9%

Based on the Sales Channel, the market is segmented into OEM and Aftermarket. Based on Types, the market is segmented into Radar Sensor, Ultrasonic Sensor, Pressure Sensor and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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List of Key Companies Profiled

  • Valeo SA
  • FORVIA SE
  • Magna International, Inc.
  • Texas Instruments
  • Continental AG
  • Aptiv PLC
  • Robert Bosch GmbH
  • Visteon Corporation
  • Aisin Corporation (Toyota Motor Corporation)
  • STMicroelectronics N.V.

Asia Pacific Automotive Child Presence Detection System Market Report Segmentation

By Sales Channel

  • OEM
  • Aftermarket

By Types

  • Radar Sensor
  • Ultrasonic Sensor
  • Pressure Sensor
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
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