Pedestrian Detection Systems Market to Grow with a CAGR of 13.60% through 2030
The growth of pedestrian detection systems is driven by
advancements in AI and machine learning, increasing safety regulations, and
rising demand for autonomous vehicles. These are the factors driving the market
in the forecast period 2026-2030.
According to TechSci Research report, “Pedestrian
Detection Systems Market – Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2020-2030F”, The Global Pedestrian Detection
Systems Market was valued at USD 8.75 Billion in 2024 and is expected to reach
USD 18.80 Billion by 2030 with a CAGR of 13.60% during the forecast period.
The global pedestrian detection systems market is evolving
rapidly, driven by a growing focus on urban safety and regulatory pressure. As
cities worldwide experience rising pedestrian accidents, including fatalities,
there is a heightened need for technology that can mitigate these risks.
Governments and safety organizations are increasingly setting stricter
regulations that require advanced safety systems in vehicles, particularly to
protect pedestrians. This regulatory pressure is pushing automotive manufacturers
to incorporate pedestrian detection systems as standard equipment in more
vehicle models.
In parallel, consumer awareness of safety is rising, as is
their demand for more secure and technologically advanced vehicles. Automakers
are recognizing that enhancing pedestrian safety with technologies like radar,
LiDAR, and computer vision is not only a regulatory necessity but also a strong
selling point for consumers. With the integration of these advanced detection
systems, vehicles are becoming better equipped to handle real-world challenges,
including various environmental factors, such as poor visibility or sudden
pedestrian movements.
At the same time, advancements in artificial intelligence
and sensor fusion technologies are playing a pivotal role in improving the
accuracy and efficiency of pedestrian detection systems. These innovations
allow systems to better recognize pedestrians in complex urban settings, even
in challenging weather or lighting conditions. This technological progress,
along with the development of real-time data processing capabilities, is
significantly enhancing the reliability of these systems. As more automotive manufacturers
invest in enhancing the intelligence of their ADAS offerings, the global
pedestrian detection systems market is poised to see continued growth, driven
by both regulatory mandates and consumer demand for safer, smarter vehicles.
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Pedestrian Detection Systems Market Is Segmented by Type,
Component, and By Region.
In 2024, radar-based pedestrian detection systems
experienced the most significant growth among components in the global market.
Radar technology offers several advantages that contribute to its rapid
adoption. It operates effectively in various environmental conditions,
including low visibility scenarios such as fog, rain, or nighttime driving.
This capability is crucial for enhancing pedestrian safety, as these conditions
often lead to detection failures in other sensor technologies. Radar systems
can detect pedestrians at longer ranges and are less susceptible to performance
degradation due to environmental factors, making them a reliable choice for
automotive safety applications. The integration of radar with other sensors,
such as cameras and LiDAR, further enhances the system's overall performance,
leading to increased demand and growth in the market.
The Asia-Pacific region emerged as the fastest-growing
market for pedestrian detection systems in 2024. This growth is driven by rapid
urbanization, increasing vehicle ownership, and heightened awareness of road
safety in countries like China, India, and Japan. Governments in these nations
are implementing stricter safety regulations and promoting the adoption of
advanced driver-assistance systems (ADAS) to reduce pedestrian accidents. The
expanding automotive industry in the region, coupled with consumer demand for
safer vehicles, is propelling the adoption of pedestrian detection
technologies. As infrastructure improves and urban areas become more congested,
the need for effective pedestrian safety solutions continues to rise,
positioning Asia-Pacific as a key growth area in the global market.
Major Market Players Operating in Global Pedestrian
Detection Systems Market Are:
- Mobileye
- Aptiv
PLC
- Robert
Bosch GmbH
- Continental
AG
- DENSO
Corporation
- Valeo
SA
- Panasonic
Corporation
- ZF
Friedrichshafen AG
- Teledyne
FLIR LLC
- Magna
International Inc.
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In my view, the global pedestrian detection system market is
really picking up pace. As cars become smarter, the push for better safety
features, especially when it comes to protecting pedestrians, is stronger than
ever. With technology like radar, cameras, and sensors improving every year,
these systems are becoming more reliable, even in tough conditions like poor
visibility or at night. The demand for safer driving environments is only going
to grow, and it’s exciting to see how quickly this market is evolving. I
believe 2024 will be a key year for the adoption of these systems, especially
in regions like Asia-Pacific, where road safety is becoming a top priority",
according to Mr. Karan Chechi, Research Director of TechSci Research, a global
research-based management consulting firm.
"Pedestrian Detection Systems Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Video, Infrared, Hybrid, Other Types), By Component (Sensor, Camera, Radar, Others), By Region, By Competition, 2020-2030F”, assesses the market's
future growth potential and provides data on market size, trends, and
forecasts. It aims to offer comprehensive market insights, helping
decision-makers make informed investment choices. The report also highlights
emerging trends, key drivers, challenges, and opportunities in the Global
Pedestrian Detection Systems Market.
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