Global Automotive Whiplash Protection System Market 2015-2019
About Whiplash Protection System (WHIPS)
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. WHIPS (an occupant protection system) is a passive safety system designed to protect passengers and drivers against neck and spine injuries. Due to growing safety concerns and increase in road fatalities, government agencies and organizations such as Euro NCAP, US NCAP, and NHTSA are mandating the inclusion of WHIPS in all new automobiles.
Technavio's analysts forecast the global automotive WHIPS market to grow at a CAGR of 11.70% over the period 2014-2019.
Covered in this Report
The global automotive WHIPS market can be segmented into two: Backrests and head restraints.
Technavio's report, Global Automotive WHIPS Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, the Americas, and EMEA; it also covers the global automotive WHIPS market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Automotive Whiplash Protection Systems Market 2015-2019
Technavio recognizes the following companies as the key players in the global automotive whiplash protection systems market: Autoliv, GRAMMER, Lear, Toyota and Volvo Group
Other Prominent Vendors in the market are: Aisin Seiki, ITW Automotive Products, Johnson Controls, Kongsberg Automotive, Nissan Motor, Recaro, TRW Automotive Holdings and Windsor Machine & Stamping
Commenting on the report, an analyst from Technavio’s team said: “The demand for safety systems stems primarily from developed regions/countries such as Europe and the US. However, emerging markets such as India, China, and Brazil are slowly increasing their demand for advanced passive safety systems because of rapid economic growth. In addition, as road fatalities are on the rise, developing countries are changing their vehicle safety regulations as per Euro NCAP and US NCAP standards. Furthermore, with an increase in government regulations to ensure the safety of passengers and an increased demand for automobiles equipped with the safety systems, the market for safety systems, especially WHIPS, is growing. Automobile manufacturers have to comply with country-specific safety norms if they wish to export their vehicles to another country.”
According to the report, advanced safety systems are no longer limited to luxury vehicles. As consumers have begun to demand improvements in vehicle safety systems, these systems are now available even in entry-level vehicles in emerging markets. The increased usage of electronic content in entry level vehicles has increased the demand for in-vehicle electronic devices to examine situations and prevent accidents and, when accidents do happen, minimize the impact and extent of injuries. In addition, automobile manufacturers are integrating various passive safety systems with active safety systems (such as integrating WHIPS with brake controllers or with ACC) as they help in reducing the impact of accidents.
Further, the report states that whiplash injuries resulting from vehicle collisions are a growing concern among both the consumers and government agencies.
Autoliv, GRAMMER, Lear, Toyota, Volvo Group, Aisin Seiki, ITW Automotive Products, Johnson Controls, Kongsberg Automotive, Nissan Motor, Recaro, TRW Automotive Holdings, Windsor Machine & Stamping