AP NEWS
Click to copy
Press release content from pr-Automobiles. The AP news staff was not involved in its creation.
Click to copy
PRESS RELEASE: Paid content from pr-Automobiles
Press release content from pr-Automobiles. The AP news staff was not involved in its creation.

APAC to Dominate the Global Automotive Head Restraints Market Through 2022| Technavio

May 7, 2018
Technavio has published a new market research report on the global automotive head restraints market from 2018-2022. (Graphic: Business Wire)
Technavio has published a new market research report on the global automotive head restraints market from 2018-2022. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--May 7, 2018-- presents its latest market research report on the . The market is projected to grow at a CAGR of close to 5% from 2018-2022. The increasing demand for automotive safety has led to the development of this market with the development of different kinds of head restraints such as sophisticated automotive head restraints and inflatable automotive head restraints.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180507005538/en/

Technavio has published a new market research report on the global automotive head restraints market from 2018-2022. (Graphic: Business Wire)

The increasing global automobile sales are driving the demand for automotive head restraints. Emerging countries such as China, Brazil, and India are exhibiting a high demand for passenger cars. Automotive head restraints are offered as standard fitments in automobiles, and the increasing global automotive sales is driving the global automotive head restraints market.

This report is available at a USD 1,000 discount for a limited time only:

Save more with Technavio. Buy2 reports and get the third for FREE:

In this report, Technavio highlights the development of sophisticated automotive head restraints as one of the key emerging trends in the global automotive head restraints market:

Development of sophisticated automotive head restraints

Automotive engineers and researchers focus on introducing advanced technologies into the market. The emergence of automotive electronics has led to the development of numerous advanced systems in the field of automotive powertrain, safety, comfort, and automotive interior space. The light detection and ranging (LiDAR) technology is gaining traction in automotive applications. The rising demand for enhanced sensors from the automotive industry has led to the development of automotive LiDAR sensors. LiDAR efficiently detects objects, even in adverse weather conditions. The LiDAR technology helps in detecting obstacles around the vehicle.

According to a senior analyst at Technavio for research, “This LiDAR technology can be used in AHRs as it can identify the precise timing for the activation, thereby reducing few split seconds of the reaction time. The rise in demand and economies of scale are expected to reduce the costs of LiDAR, thereby making them viable input sources for data needed by AHR systems.”

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global automotive head restraints market segmentation

This market research report segments the by product type (conventional head restraints and active head restraints) and key regions (the Americas, APAC, and EMEA).

In 2017, the conventional head restraints segment led the global automotive head restraints market with a share of close to 83%. The increasing popularity of entry-level vehicles fitted with conventional head restraints is driving the growth of the market. However, the active head restraints segment is expected to witness an increase in its market share over the forecast period owing to increasing penetration of active head restraints in mid-segment vehicles and high fitment rate in luxury vehicles.

In 2017, APAC dominated the market with more than 42% share, followed by the Americas and EMEA. The market share of EMEA is expected to witness the maximum growth over the forecast period, while that of the other two segments is expected to decline.

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180507005538/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE AFTERMARKET

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 05/07/2018 06:38 AM/DISC: 05/07/2018 06:38 AM

http://www.businesswire.com/news/home/20180507005538/en

All contents © copyright 2019 The Associated Press. All rights reserved.