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The global automotive active hood lifter market size was valued at USD 1.3 billion in 2024 and is estimated to register a CAGR of 8.6% between 2025 and 2034. The increasing focus on pedestrian safety and advancements in automotive safety technologies are key factors driving market growth. Companies are increasingly forming strategic partnerships to enhance their technological capabilities and expand market presence.
For instance, in October 2024, Verses AI announced a partnership with Volvo Cars to enhance the safety of autonomous vehicles. This collaboration specifically addresses the challenge of accurately predicting pedestrian and cyclist movements in unpredictable urban environments, which is critical for reducing accident risks and enhancing overall traffic safety.
Report Attribute | Details |
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Base Year: | 2024 |
Automotive Active Hood Lifter Market Size in 2024: | USD 1.3 Billion |
Forecast Period: | 2025 to 2034 |
Forecast Period 2025 to 2034 CAGR: | 8.6% |
2034 Value Projection: | USD 3 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 175 |
Tables, Charts & Figures: | 200 |
Segments covered: | Product, Vehicle, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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Automakers are leveraging advanced technologies such as pyrotechnic and electromechanical systems to improve safety ratings. These innovations allow vehicles to deploy the hood in the event of a collision with a pedestrian, effectively minimizing injury. As automakers continue to integrate these systems into their designs, the market is expected to expand significantly, reflecting a broader trend towards improving vehicle safety and compliance with stringent regulations.
Additionally, the automotive pedestrian protection system is becoming increasingly pivotal in the automotive industry as manufacturers prioritize safety innovations. With rising awareness of road safety and stringent regulations aimed at reducing pedestrian injuries and fatalities, automakers are integrating advanced pedestrian protection systems into their vehicles. The automotive pedestrian protection system is projected to grow and generate revenue of around USD 13.5 billion by 2034, with an annual growth rate of over 10%.