According to research report titled ‘Occupant Classification System Market Size By Technology (Strain Gauge, Bladder, Pressure Sensitive Tape System), By Vehicle Type (Economic, Mid-range, Luxury), By Component (ECU, Sensor), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Sweden, Poland, China, India, Japan, Taiwan, South Korea, Thailand, Brazil, Mexico, South Africa), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025’, available with MarketStudyReport, occupant classification system market is anticipated to exceed a valuation of USD 3 billion by the year 2025.

Rising demand for restraining systems for airbag forces, and increasing use of airbags in automobiles are driving the growth of the occupant classification system market.

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For the unversed, occupant classification systems can identify the location, size, and weight of an occupant in order to deploy and suppress the pressure in airbags, ensuring passenger safety. The system can also identify other information whether the occupant is wearing a seatbelt or not and body posture.

Furthermore, less cushion weight and high foldability of fabric due to technological developments, as well as development of advanced features like electronic-field sensing, 3D cameras, and ultrasonic sensors are impelling the industry trends.

However, concerns about airbag quality, high cost of replacing airbag systems, as well as growing car prices due to the deployment of airbags and occupant classification systems in economy vehicles may limit industry expansion during the review period.

Based on vehicle type, the economic segment of global occupant classification system industry is expected to gain traction over the forecast duration, due to rising product implementation, increasing middle-class population, growing disposable income of individuals, and economic developments in emerging countries.

In terms of component terrain, the sensor segment is gaining traction and is anticipated to grow significantly through 2025, owing to advent of autonomous vehicles & linked car technologies, and soaring demand for better safety features in automobiles.

On the basis of technology, the pressure sensitive tape system segment is poised to amass notable gains by 2025, due to widespread incorporation of these systems in high-end luxury cars.

Geographically speaking, China market is expected to hold considerable revenue share over the forecast period, due to availability of resources, raw materials, and low labour prices in the country which is flourishing the automotive sector.

The key players in worldwide occupant classification system are Vmanx, Takata Corporation, Schneider Electric SE, Robert Bosch GmbH, Joyson Safety Systems, IEE S.A., Hyundai Mobis, Flexpoint Sensor Systems, Inc., Delphi Technologies, DENSO Corporation, Mayser GmbH & Co. KG, Calsonic Kansei Corporation, Autoliv, Inc., and Aisin Corporation.