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Pedestrian Detection System Market size was valued at USD 8.7 billion in 2023 and is estimated to register a CAGR of over 14.8% between 2024 and 2032. With increasing urbanization, there is a rise in road traffic. This leads to increasing traffic accidents involving pedestrians, driving the market for pedestrian detection systems. These systems use sensors, such as cameras, radar, and LiDAR, to detect pedestrians in a vehicle's path. When a pedestrian is detected, the system alerts the driver with visual/audio warnings.
In some advanced systems, PDS even triggers automatic emergency braking to prevent a collision. As the severity of pedestrian accidents becomes more alarming, there is a growing focus on implementing preventative measures. Contextually, PDS technology offers a tangible solution that can be integrated into vehicles to address the concern.
The integration of PDS with Advanced Driver Assistance Systems (ADAS) is a significant growth driver for the pedestrian detection system market by enhancing overall vehicle safety and performance. It leverages a combination of sensors, cameras, radar, and Artificial Intelligence (AI) to detect & respond to pedestrians and other obstacles. This integration significantly reduces the chance of accidents by providing real-time alerts and automatic braking to prevent collisions with pedestrians. Continuous improvements in sensor technology, Machine Learning (ML) algorithms, and AI have enhanced the accuracy and reliability of PDS.
Report Attribute | Details |
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Base Year: | 2023 |
Pedestrian Detection System Market Size in 2023: | USD 8.7 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 14.8% |
2032 Value Projection: | USD 29.4 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 240 |
Tables, Charts & Figures: | 360 |
Segments covered: | Component, Technology, Vehicle Type, Distribution Channel, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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For instance, in March 2022, Toyota launched the latest version of the Toyota Safety Sense (TSS) suite, which includes enhanced pedestrian detection capabilities. This integration improves the accuracy and effectiveness of the ADAS. It provides better protection for pedestrians through improved radar and camera technology.
Integrating advanced PDS technology, particularly systems using LiDAR, can be expensive for automakers. This can translate to higher vehicle costs, potentially impacting consumer affordability. Every vehicle cannot be easily retrofitted with PDS technology, especially the older models. This limits the immediate impact on overall pedestrian safety. These systems collect data from sensors, raising concerns about data privacy and the potential misuse of this information. Addressing these concerns is crucial for building consumer trust.
The lack of standardized regulations across different regions regarding PDS performance and functionality can create challenges for automakers developing & deploying these systems globally. PDS-triggered automatic emergency braking might have to make split-second decisions in emergency situations. It can raise ethical questions about who/what the system prioritizes.
The PDS industry benefits from advancements in sensor technology such as LiDAR, radar, and cameras. These advancements enable more accurate detection of pedestrians in various lighting and weather conditions. LiDAR provides high-resolution 3D data of the surrounding environment. Radar excels in low-light conditions. Improved camera technology offers better image recognition capabilities. Newer sensors can detect pedestrians at a greater distance, giving drivers more time to react and potentially avoid collisions. These sensors also allow for more reliable detection in challenging weather conditions, including rain, fog, or even snow.
Additionally, AI algorithms play a crucial role in analyzing sensor data and effectively triggering warnings/emergency braking systems. For instance, in August 2023, Bosch introduced a new line of pedestrian detection systems integrated into its ADAS technology. The system uses AI and ML to improve detection accuracy. It is being incorporated into various automotive manufacturers' ADAS packages to enhance vehicle safety for pedestrians.
Stringent government regulations and safety mandates are critical growth drivers for the PDS market. They are designed to improve road safety by requiring the inclusion of advanced safety technologies in vehicles. A growing concern for road safety is prompting governments worldwide to implement stricter regulations.
The alarming number of pedestrian-vehicle accidents necessitates action to improve road safety. For instance, in October 2021, the National Highway Traffic Safety Administration (NHTSA) proposed a new rule that mandates Automatic Emergency Braking (AEB) systems, including pedestrian detection, in all new light vehicles. This rule aims to enhance vehicle safety and reduce pedestrian fatalities by requiring advanced safety features in new cars.
Based on components, the market is divided into hardware and software. The hardware segment accounted for a market share of over 72% in 2023. Hardware components in PDS are critical in determining the system's functionality, reliability, and overall effectiveness. It typically includes cameras, sensors, control units, and other related devices. Cameras are used to capture real-time images and videos of the vehicle's surroundings. It includes the development of infrared & thermal cameras for better night-time detection and adverse weather conditions.
Sensors such as radar, LiDAR, and ultrasonic sensors detect objects around the vehicle by measuring the distance and speed of moving objects. These sensors complement cameras by providing additional data points, making PDSs more robust. The control unit is the brain of the PDS. It processes data from cameras and sensors using advanced algorithms and ML to identify pedestrians and predict their movements.
Based on the distribution channel, the pedestrian detection system market is categorized into Original Equipment Manufacturers (OEMs) and aftermarket. OEMs are expected to hold over USD 24.5 billion by 2032. The OEM is a critical pathway through which PDSs are integrated into vehicles. It is used for producing & assembling vehicles, incorporating various components, including PDSs. It ensures that these systems are seamlessly integrated into new vehicles, enhancing the overall safety features and consumer appeal. It helps vehicles comply with safety regulations and standards set by governments and regulatory bodies.
Continuous innovations in pedestrian detection technologies are enabling OEMs to offer more sophisticated and reliable safety systems, enhancing their vehicle offerings. The demand for this channel is rising due to regulatory mandates, growing consumer awareness about vehicle safety, and advancements in autonomous and semi-autonomous vehicles.
North America had a significant share of the pedestrian detection system market with approximately 33% of the share in 2023. The region’s market for PDS is characterized by a mix of technological innovation, stringent safety regulations, and the growing consumer demand for advanced safety features. The U.S. has several leading technology companies and automotive manufacturers that are at the forefront of developing & implementing advanced pedestrian detection technologies. The development of smart cities and urban mobility solutions in the region is driving the implementation of these systems to enhance safety in densely populated areas.
The region is witnessing a rise in pedestrian & vehicle accidents, prompting a high focus on safety. For instance, in January 2022, Transports Canada updated its safety standards to require new vehicles to be equipped with pedestrian detection systems as part of their ADAS. This regulation aims to reduce pedestrian injuries & fatalities on Canadian roads. It encourages the deployment of these systems, underscoring their pivotal role in saving lives and reducing accidents.
Continental, Magna International, and Valeo dominate the market with around 24% of the market share. Continental AG is a leading global automotive supplier that specializes in delivering a wide range of products & services to the automotive industry. The company operates through five key segments: chassis & safety, powertrain, interior, tires, and contiTech. It is renowned for its advanced technologies in the areas of autonomous driving, safety systems, and connected mobility.
Magna International Inc. is one of the world’s largest and most diversified automotive suppliers. The company offers a comprehensive range of products & services, including vehicle engineering, body exteriors & structures, power & vision technologies, seating systems, and complete vehicle solutions. The company’s ADAS and autonomous vehicle technologies are at the forefront of its innovation efforts, aiming to enhance vehicle safety & performance.
Valeo is a leading global automotive supplier known for its innovative technologies & solutions aimed at improving vehicle efficiency, safety, and comfort. The company operates through four main business segments: comfort & driving assistance systems, powertrain systems, thermal systems, and visibility systems. The company is a pioneer in the development of ADAS, which includes cutting-edge pedestrian detection systems, automated parking, and driver monitoring technologies.
Major players operating in the pedestrian detection system industry are:
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The above information is provided for the following regions and countries: