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Monday Apr 27, 2015
Monday Apr 27, 2015
Automotive Occupant Sensing System (OSS) and Whiplash Protection System (WPS) market is expected to grow owing to increasing safety needs in automobiles. Increasing initiatives for technological advancements to ensure passenger security and safety is expected to favor market growth over the forecast period. Rising awareness for automotive safety systems is expected to drive the automotive OSS and WPS market. Government regulations and standards regarding vehicle security systems are estimated to positively contribute to market growth.
View Automotive Occupant Sensing System (OSS) and Whiplash Protection System (WPS) Market Report with Table Of Content @ http://www.grandviewresearch.com/industry-analysis/automotive-oss-wps-market
Growing demand of premium cars is expected to be key driving factor for the automotive OSS and WPS market. Additionally, increasing disposable income is further expected to favor market growth over the forecast period. Automotive OSS and WPS are majorly used in aircrafts, passenger cars, light commercial vehicles (LCV) and heavy commercial vehicles (HVC). Passenger car is expected to be the key application segment over the next six years. Asia Pacific is estimated to grow at a considerable rate owing to presence of key automobile manufacturers in nations including China, India and Japan. North America is estimated to be the key regional segment over the forecast period owing to stringent automobile safety regulations. RoW is also expected to significantly grow owing to increasing living standards over the next six years.
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