Rising Need for Pedestrian Safety Creates Demand For Global Pedestrian Detection System Market

Published: Mar 2024

The global pedestrian detection system (PDS) market is anticipated to grow at a significant CAGR of 14.5% during the forecast period (2024-2031). The rising need for pedestrian safety in era of automatic cars is a key factor driving the global market.  They can help to prevent accidents by alerting drivers to the presence of pedestrians, especially in situations where they may be difficult to see, such as at night or in bad weather. The forward-looking pedestrian-detection and accident-mitigation system can protect the passenger by using advanced signal processing algorithms to fuse data from video camera and radar sensors, in combination with electronic stability control (ESC), to automatically brake a vehicle. For instance, in June2023, a small SUV earns a top safety pick+ award from the Insurance Institute for Highway Safety mainly due to improved pedestrian detection system present in the car.

Browse the full report description of “Pedestrian Detection System Market Size, Share & Trends Analysis Report by Type (Camera, Lidar, Infrared Radiation, and Other),by End-User (Hardware and Software), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/pedestrian-detection-system-market

The companies are collaborating on the development of a system to improve the rate at which vehicle image sensors see objects and pedestrians by coordinating lamps and image sensors with the goal of improving driving safety at night. For instance, in October 2023, Koito developed adaptive driving beams, which automatically change brightness levels as oncoming traffic nears while still maintaining improved visibility. Denso has developed sensors that recognize a vehicle’s surroundings and play the role of the “eyes” in advanced driver assistance systems (ADAS). Denso is working to improve the object recognition rate of image sensors not only at night but also in various traffic situations.Already available in the XC60, S90, V90, and V90 Cross C, Volvo has now integrated Google Assistant and Maps as built-in services on its new EX30 electric vehicle (EV). General Motors, Honda, Polestar, and Renault also offer Google built in.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Type

o By Component

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Toyota Motor Corp, AB Volvo, BMW AG, Mercedes-Benz Group AG, Volkswagen AG, Nissan Motor Co. Ltd., Honda Motor Company Ltd., and General Motors Company among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Pedestrian Detection System Market Report Segment

By Type

  • Camera
  • Lidar
  • Infrared radiation
  • Other(radar)

By Component

  • Hardware 
  • Software 

Global Pedestrian Detection System Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/pedestrian-detection-system-market