Global automotive whiplash protection system (WPS) market is likely to experience strong growth of 6.9% during the forecast period. The automotive whiplash protection system market is projected to bring in US$ 2,336.4 million revenue by 2022 end.
Automotive Whiplash Protection System (WPS) is a safety system in the vehicles to provide protection against whiplash injury. The whiplash injury is a neck injury caused due to an unexpected forward and backward movement owing to the force during an accident or by applying sudden brake. Whiplash protection system is generally integrated into the seat of the car providing support to the spinal with modified backrest.
It was first introduced by Volvo in 1998, and since then has been the standard safety system in all the Volvo car models. When the whiplash protection system is deployed, the front seat headrest and backrest can be pushed backward to change the position of the occupants.
Automotive manufacturers are introducing anti-whiplash seats in various car models as a standard protection system. With vehicle safety rating becoming an important part in the decision-making process of customers before buying a car, a majority of the vehicle manufacturers are integrating various safety features.
With technological advancements, automotive manufacturers are working on introducing smart equipment in vehicles, hence the anti-whiplash seats are also being made with the sensors that can help in detecting the impact during the collision and provide the protection accordingly. This can help in eliminating serious neck injury.
With the introduction of various rules and standards for vehicle safety in various countries and the increasing importance of vehicle safety ratings across the globe are some of the major factors resulting in the implementation of automotive whiplash protection system in the vehicles.
Reactive Head Restraints (RHR) to be the Highly Preferred System
Compared to various systems in the automotive whiplash protection system, the reactive head restraints-RHR system is likely to be the highly preferred system. Towards 2022 end, the reactive head restraints-RHR system is projected to exceed US$ 500 million value.
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High Sales through Original Equipment Manufacturer (OEM)
Original Equipment Manufacturer (OEM) is likely to be the most lucrative sales channel. Sales of automotive whiplash protection system through OEM is estimated to bring in more than US$ 2,000 million by 2022 end. Although aftermarket sales channel is also expected to experience healthy growth.
Compact Passenger Cars to Gain Maximum Share
Compact passenger cars are likely to be the largest deployer of the automotive whiplash protection system. Gaining nearly one-third of the share in terms of the revenue by 2017 end, compact passenger cars are projected to create more than US$ 200 million incremental opportunity during 2017-2022.
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The report also provides profile of the key players that are anticipated to play a major role in the growth of global automotive whiplash protection system (WPS) market through 2022, which include
- Autoliv Inc.
- Takata Corporation
- Robert Bosch GMBH
- Delphi Automotive Plc
- ZF Friedrichshafen AG
- Continental AG
- GRAMMER AG
- Lear Corporation
- Hyundai Mobis Co. Ltd
- Ningbo Joyson Electronic Corp.
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Protecting against whiplash injury which occurs when the neck and head are suddenly forced forward and backward, automotive Whiplash Protection System (WPS) is being implemented in various cars. Manufacturers are also focusing on including various advanced features in the automotive WPS to ensure high-level of protection.
WPS seat technology is being implemented on a large scale as it is now being considered as an important part of the safety testing in testing program. This Fact.MR report discusses key prospects for growth of global automotive whiplash protection system (WPS) market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.
The scope of the report is to analyze the global automotive whiplash protection system market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive whiplash protection system (WPS) manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
The report begins with a concise summary of the global automotive whiplash protection system (WPS) market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global automotive whiplash protection system (WPS) market.
The next section is an overview of the global automotive whiplash protection system (WPS) market. This includes the introduction to the market and a standard definition of the product – automotive whiplash protection system (WPS). In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.
The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global automotive whiplash protection system (WPS) market. Considering the interconnectedness of the automotive whiplash protection system (WPS) market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.
In a bid to keep readers up-to-date on the latest developments in the global automotive whiplash protection system (WPS) market, the report offers readers a roundup of the latest trends impacting the market.
As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.
Considering the wide scope of the global automotive whiplash protection system (WPS) market, the report by Fact.MR provides in-depth and segment-wise analysis. The global market for automotive whiplash protection system (WPS) is segmented on the basis of system type, sales channel, vehicle type, and region. This segmentation also offers country-wise analysis on all the key parameters.
The concluding section of the report profiles companies operating in the global automotive whiplash protection system (WPS) market. Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section. The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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