In 2021, the global automotive whiplash protection system market contributed approximately 62% to the overall whiplash protection system market. Over the forecast period of 2022–2032, the automotive segment is anticipated to present an absolute dollar opportunity of USD 2.6 billion.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=301

Region-wise Insights

North America holds a 24.6% share of the global automotive whiplash protection system market. Strict road safety regulations and a surge in new vehicle registrations are expected to drive revenue growth for manufacturers in this region. Consequently, the North American market is projected to grow at a CAGR of 7.8% during the forecast period from 2022 to 2032.

Europe ranks as the second-largest region in the automotive whiplash protection system market, contributing approximately 22.9% to the global market share. Increasing awareness of road safety, along with stringent regulations and policies, is anticipated to fuel the demand for automotive whiplash protection systems in Europe in the coming years.

Category-wise Insights

Automotive whiplash protection systems are categorized by deployment type, including reactive head restraints, pendulum systems, spring-activated mechanisms, pyrotechnic head restraints, and proactive head restraints, among others. Among these, reactive head restraints (RHR) hold the largest market share, accounting for 25.7% of the overall market.

The dominance of RHR systems is attributed to their superior ability to enhance occupant protection, making them the most preferred choice in the automotive whiplash protection market. As a result, this segment is projected to grow at a robust CAGR of 8.2% during the forecast period from 2022 to 2032.

Competitive Landscape:

The global automotive whiplash protection system market is characterized by high fragmentation and intense competition, with numerous domestic and regional players vying for market share. Key industry players employ various strategies such as mergers and acquisitions, expansions, collaborations, and partnerships to strengthen their positions and drive growth.

Leading companies are also focusing on new product development as a strategic approach to enhance their market presence and offer advanced whiplash protection systems. These efforts have resulted in the integration of cutting-edge technologies, further elevating the standard of occupant safety in vehicles.

Fact.MR’s latest report provides in-depth insights into the pricing strategies of top manufacturers, regional sales trends, production capacities, and technological advancements shaping the market.

Examples of strategic moves by key players include:

• In 2022, AutoLiv, Inc. acquired Tyco Electronics Ltd.’s automotive radar sensor business, a segment of its radiofrequency and subsystems unit, specializing in active radar proximity and sensor systems.
• In 2019, Robert Bosch GmbH acquired Midroc New Technology, an international venture capital firm headquartered in Stockholm.
• In 2020, BorgWarner acquired Delphi Technologies, bolstering its capabilities in electronics and power electronic products and solidifying its leadership in electrified propulsion systems.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=301