Global Child Presence Detection System Market Grows Tremendously at a CAGR of 51.10%

Introduction

Children left unattended in vehicles run the risk of developing heat stroke. The child presence detection system was created as a solution to this problem. This system can use alarm and communication systems to notify caregivers or onlookers if a child is left unattended in a vehicle. This radar system is extremely accurate and dependable, designed to find even the vital signs of sleeping newborns.

Market Dynamics

Rising Sales of SUVs and Luxury Vehicles Drive the Global Market

SUV sales are proliferating due to rising off-road awareness among the general public and government subsidies and initiatives. Although not many SUVs were off-roaders, they offered a more rugged appearance and the same elevated driving position as vans and other vehicles. Due to their origins as off-road vehicles, SUVs frequently have four-wheel-drive setups. In addition, sport utility vehicles (SUVs) are displacing more traditional sedans, wagons, and hatchbacks as the preferred choice for buyers worldwide. Road vehicle sales in China climbed by roughly 50% between 2010 and 2018, but SUV sales soared by an incredible 600% during the same period. The demand for SUVs is expected to rise, encouraging product development and the creation of child presence detection systems.

Government Rules for Child Safety in Heated Cars Creates Tremendous Opportunities

In the US, car accidents most frequently result in the death of children between the ages of 1 and 12. Children are kept safe when car seats are correctly utilized. The type of seat the child requires has been determined by their size and the type of vehicle. Many parents find it challenging to select a car seat because of the many options. The National Highway Traffic Safety Administration provides a list of recommendations for child car seats. The American Academy of Pediatrics (AAP) recommendations for choosing the best car seat for the child align with the recommendations. Therefore, government initiatives and regulations relating to children's safety in hot cars are anticipated to create opportunities for the global child presence detection system market during the forecast period.

Regional Analysis

Europe is the most significant shareholder in the global child presence detection system market and is expected to grow at a CAGR of 53.9% during the forecast period. The safety of the drivers and passengers during their journey is a significant focus of many new technologies being incorporated into cars. Consumer advocacy groups promote new safety features, which governments mandate to reduce and prevent accidents. In addition, the most modern cars have driver monitoring systems, essential for the most advanced cars to perform at their highest efficiency level. In several European countries, the use of radar sensors in automobiles has increased, and similar trends are expected in developing markets. As more new cars adopt these sensors in the coming years, there will be greater demand for child presence detection systems and in-vehicle radar sensors that can detect the presence of children or animals.

Asia-Pacific is expected to grow at a CAGR of 56.3% during the forecast period. The Asia-Pacific child presence detection systems market is growing because business organizations increasingly adopt cutting-edge sensing, detecting, radar, and imaging technologies. It is expected that Asia-Pacific will continue to lead during the forecast period. China, India, Japan, South Korea, and Australia are some of the significant emerging and developed countries contributing to the regional market. Automakers now have more opportunities thanks to the manufacturing industry's expansion and infrastructure development in developing countries. Therefore, the child presence detection systems market is anticipated to grow fastest in Asia-Pacific.

Key Highlights

• The global child presence detection system market was valued at USD 113.62 million in 2022. It is expected to reach USD 4,663.99 million by 2031, growing at a CAGR of 51.10% during the forecast period (2023–2031).
• Based on sensor type, the global child presence detection system market is bifurcated into ultrasonic, radar, and pressure. The radar sensor segment is the highest contributor to the market and is expected to grow at a CAGR of 58.4% during the forecast period.
• Based on vehicle type, the global child presence detection system market is bifurcated into hatchbacks, sedans, SUVs, and MUVs. The sedan segment owns the highest market share and is expected to grow at a CAGR of 55.6% during the forecast period.
• Based on sales channels, the global child presence detection system market is bifurcated into OEM and aftermarket. The OEM segment is the highest contributor to the market and is expected to grow at a CAGR of 52.3% during the forecast period.
• Based on vehicle propulsion, the global child presence detection system market is bifurcated into electric vehicle and ice vehicle. The electric vehicle segment owns the highest market share and is expected to grow at a CAGR of 62.1% during the forecast period.
• Europe is the most significant shareholder in the global child presence detection system market and is expected to grow at a CAGR of 53.9% during the forecast period.

Competitive Players

Competitive Players

The global child presence detection system market’s major key players are Continental Ag, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen Ag, Magna International Inc, Valeo, IEE S.A, Visteon Corporation, Faurecia, Aptiv Plc, Infineon Technologies Ag, STMicroelectronics, NXP Semiconductors, Aisin Corporation, Texas Instruments, Volkswagen Ag, Ford Motor Company, Toyota Motor Corporation, Mitsubishi Motors Corporation, Tesla, and BYD Company Limited.

Recent Developments

Market News

• In January 2023, VINFAST partnered with VAYYAR to enhance the safety and driving experience with in-cabin radar technology.

Segmentation

Global Child Presence Detection System Market: Segmentation

By Sensor Type

• Ultrasonic
• Radar
• Pressure

By Vehicle Type

• Hatchback
• Sedan
• SUV
• MUV

By Sales Channel

• OEM
• Aftermarket

By Vehicle Propulsion

• Electric Vehicle
• Ice Vehicle

By Regions

• North America
• Europe
• Asia-Pacific
• The Middle East and Africa
• South America