AUTOMOTIVE PEDESTRIAN PROTECTION SYSTEMS (PPS) MARKET ANALYSIS
Figure 1: Global Automotive Pedestrian Protection Systems (PPS) Market Share (%), By Region, 2022
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Automotive Pedestrian Protection Systems (PPS) Market was valued at US$ 2,849.7 Mn in 2022 and is forecast to reach a value of US$ 13,323.2 Mn by 2030, exhibiting CAGR of 21.3% between 2023 and 2030.
Automotive Pedestrian Protection Systems (PPS) Market – Trend
Increasing demand for active safety features
The demand for active safety features in vehicles is increasing, including PPS systems that can detect and avoid collisions with pedestrians. This trend is driven by the rising awareness of pedestrian safety and government regulations mandating the installation of PPS in vehicles.
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