Automotive Whiplash Protection System Market
Automotive Whiplash Protection System (WPS) Market Analysis by System Type (Reactive Head Restraint System, Pendulum, Spring Activated, Pyrotechnic Head Restraint), by Vehicle Type (Passenger Vehicles, Commercial Vehicles), by Sales Channel, by Region - Global Forecast 2022-2032
Analysis of Automotive Whiplash Protection System market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Automotive Whiplash Protection System Market Outlook
The global automotive whiplash protection system market is estimated at USD 2.6 Billion in 2022 and is forecast to surpass USD 5.2 Billion by 2032, growing at a CAGR of 7.2% from 2022 to 2032.
Report Attributes |
Details |
Base Year Value (2021A) |
USD 2.4 Billion |
Estimated Year Value (2022E) |
USD 2.6 Billion |
Projected Year Value (2032F) |
USD 5.2 Billion |
Global Growth Rate (2022-2032) |
CAGR 7.2% |
North America Market Share in 2021 |
~25% |
North America Growth Rate (2022-2032) |
CAGR 7.8% |
Collective Value Share (US, China, India) 2022: Top 3 Countries |
~38% |
Top 5 Companies Market Share in 2021 |
~19% |
Key Companies Profiled |
|
The global automotive whiplash protection system market accounted for ~62% of the global whiplash protection system market in 2021. The global automotive whiplash protection system market is estimated to have an absolute $ opportunity of USD 2.6 Billion during the forecast years of 2022-2032.
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2017-2021 Global Automotive Whiplash Protection System Market Outlook in Comparison to 2022-2032 Growth Forecast
Automotive whiplash protection system (WPS), safety system provides guard against whiplash injuries during the accidents of vehicles. A whiplash protection system is integrated into the car seat preventing whiplash injury which is caused by the unexpected backward and forward movement due to high force caused during an accident or by the application of a sudden brake.
The front seat headrest and backrest can be adjusted backwards and the occupant’s position can be changed with the deployment of a whiplash protection system. This provides enhanced protection to the occupant. This is estimated to provide a gain of 180 BPS to the automotive whiplash protection system market during forecast years of 2022-2032.
Fact.MR projects the automotive whiplash protection system market is expected to witness exhibiting growth at 7.2% CAGR during 2022 and 2032 in comparison to a CAGR of 5.1% with which it grew from 2017 and 2021.
Manufacturers Incorporating Technological Advancements
The automotive whiplash protection system is being incorporated in multiple car models as a standard protection system by automotive manufacturers. Vehicle safety plays an important role in the decision-making process for customers of whether to make a purchase or not. Therefore, manufacturers are introducing multiple safety features as a part of the process. This is estimated to support market growth by 1.3X during the assessment years of 2022-2032.
Automotive players in the market are also working on incorporating technologically advanced smart equipment’s in vehicles. Manufactures of automotive whiplash have enabled whiplash seats with sensors that aid in detecting the impact during the collision and providing protection, thereby eliminating serious neck injury. Thus, owing to the safety features present in the automotive whiplash protection system is estimated to support market growth by ~20% of current levels in coming years.
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Rules and Standards Resulting in Higher Implementation
The rising importance of vehicle safety is another demand driving factor in the automotive whiplash protection system market. Numerous countries lay down rules and standards for vehicle safety due to the rising importance given to safety ratings across the globe.
Airbags and seat belts as safety systems have evolved at a rapid pace during the past few years. The arrangement protecting drivers against whiplash injuries is one of the factors driving demand for automotive whiplash protection systems by 1.5X during forecast years owing to the rising importance of safety and consumer protection.
Rising Road Accidents and Injuries Supporting Demand
The escalating prevalence of road accidents leading to fatalities and injuries caused due to lack of automotive safety is a key factor propelling the market expansion for the automotive whiplash protection system.
According to research studies, more than 1.37 million people die annually in road-related accidents. As whiplash is one of the most common injuries related to road accidents leading to disability, many companies have started incorporating advanced safety devices and features in vehicles to protect occupants during accidents. This is estimated to provide a gain of 240 BPS in the coming years.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Region-wise Insights
Which region accounts for more market share in Automotive Whiplash Protection System Market?
North America automotive whiplash protection system market accounts for 24.6% of the overall automotive whiplash protection system market share. Owing to the strict regulations on road safety, escalating new vehicle registration is estimated to provide enhanced revenues to the manufacturers of the automotive whiplash protection system. Therefore, it is projected that the market in North America will grow at a CAGR of 7.8% during the forecast years of 2022-2032.
Europe is the second leading region in the automotive whiplash protection system market contributing nearly 22.9% to the overall market. This rising awareness regarding road safety, regulations and policies regarding road safety is expected to drive market demand of the European automotive whiplash protection system market in coming years.
What is the market scenario in East Asia and South Asia for Automotive Whiplash Protection System Market?
East Asia and South Asia automotive whiplash protection system market accounts for 19.9% and 18.7% of the automotive whiplash protection system market. Collectively, they hold 38.6% of the overall automotive whiplash protection system market share respectively.
Both the regions are projected to grow at a CAGR of 7.7% and 7.5% during the forecast years. This is attributed to regions selling a higher number of vehicles. Moreover, the escalating demand for passenger vehicles in the emerging economies of China, India, and Indonesia etc. is expected to fuel the demand and growth of automotive whiplash protection system market in coming years.
Category-wise Insights
Which system type is estimated to account for largest market share in Automotive Whiplash Protection System Market?
Based on the deployment type, the automotive whiplash system is of reactive head restraints, pendulum system, spring activated, pyrotechnic head restraints, pro-active head restraints etc. Amongst them, reactive head restraints account for largest market share of 25.7% of the overall market.
The reactive head restraints or RHR system is expected to maintain the dominant position as being the most preferred automotive whiplash protection system market owing to its advantage of providing enhanced protection to the occupant of the seat. Therefore, the segment is projected to grow at an impressive CAGR of 8.2% during the forecast years of 2022-2032.
Which vehicle type dominates the Automotive Whiplash Protection System Market during the assessment period of 2022-2032?
An automotive whiplash protection system is used in passenger vehicles and commercial vehicles. However, the demand for an automotive whiplash protection system in passenger vehicles accounts for 56.7% of the overall market share. Being the largest user of an automotive whiplash protection system, the market is projected to grow at a CAGR of 7.9% during the forecast years. The commercial vehicle segment accounts for 43.3% of the market share, is projected to grow at a CAGR of 6.9% in coming years.
Competitive Landscape: Top Companies in Automotive Whiplash Protection System Market
The global automotive whiplash protection system market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced automotive whiplash protection system.
Fact.MR has provided detailed information about price points of top manufacturers in automotive whiplash protection system market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- AutoLiv, Inc. in 2022 acquired Tyco Electronics Ltd. automotive radar sensors business. The business is carved out of radiofrequency and subsystems business unit, which manufacturer’s active radar proximity and sensor systems in vehicles.
- Robert Bosch GmbH acquired Midroc New Technology in 2019. The acquired company is an international venture capital company group that is headquartered in Stockholm.
- In 2020, Delphi Technologies is being acquired by BorgWarner, which is expected to strengthen electronics and power electronic products, scale, capabilities of BorgWarner, making it a leader in electrified propulsion systems.
Global Automotive Whiplash Protection System Market Segments
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By System Type, Global Automotive Whiplash Protection System Market is segmented as:
- Reactive Head Restraints – RHR Automotive Whiplash Protection System
- Pendulum System Automotive Whiplash Protection System
- Spring Activated Automotive Whiplash Protection System
- Pyrotechnic Head Restraint Automotive Whiplash Protection System
- Pro-Active Head Restraints Automotive Whiplash Protection System
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By Vehicle Type, Global Automotive Whiplash Protection System Market is segmented as:
- Passenger Vehicles
- Commercial Vehicles
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By Sales Channel, Global Automotive Whiplash Protection System Market is segmented as:
- OEM
- Aftermarket
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By Region, Global Automotive Whiplash Protection System Market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
- FAQs -
What is the global Automotive Whiplash Protection System Market scenario?
The global value of automotive whiplash protection system market is estimated to be worth over USD 2.6 Billion in 2022.
How far is the global demand expected to reach over the forecasted period?
The demand is anticipated to surpass USD 5.2 Billion by 2032 end.
What was the last 5-year CAGR for the demand in the Automotive Whiplash Protection System Market?
During 2017-2021, global automotive whiplash protection system market grew at 5.1% CAGR.
Who are the prominent players in the global Automotive Whiplash Protection System Market?
Some of the prominent players in automotive whiplash protection system market are Autoliv Inc., Takata Corporation, Robert Bosch GMBH, Delphi Automotive Plc, ZF Friedrichshafen AG, Continental AG etc.
Which is the most leading region in the Automotive Whiplash Protection System Market?
North America tops the global automotive whiplash protection system market accounting for 24.6% of global market share in 2022.
Which vehicle type contributes maximum share in Automotive Whiplash Protection System Sales?
Passenger vehicles contributes 56.7% of market share in global sales of automotive whiplash protection system.