Global Pedestrian Detection Systems Market Size, Share, Opportunities, And Trends By Type (Video, Infrared, Hybrid, Others), By Component (Sensor, Camera, Radar, Others), And By Geography - Forecasts From 2024 To 2029

Global Pedestrian Detection Systems market is projected to grow at a CAGR of 16.78% from US$8.667 billion in 2022 to US$25.668 billion in 2029 during the forecast period.

The global pedestrian detection system abbreviated as GDPS is a safety feature that is integrated into most contemporary cars with the ability to perceive pedestrians moving around the automobile and assist the driver in avoiding making any physical contact with them that leads to an accident. The pedestrian detection system may include aspects like basic sensors, cameras, radar, lidar, and sometimes sophisticated artificial intelligence functions are also included in it, which are used in the detection of the pedestrian and alert the driver on the spot about the pedestrian, or else it can automatically use the required safety features by activating it on its own to prevent collision with the pedestrian.

Pedestrian detection systems are installed in automobiles to enhance the protection of the transport device and of the pedestrian maneuvering around by minimizing the likelihood of an accident or harm to at least one of the involved entities. They have several elements and components including sensor technologies and cameras to give the driver an overview of the road situation and to alert the driver based on the situation observed. It also has a detection algorithm to identify data from surroundings by using sensors and accurately detecting pedestrians to the driver. It also has warning systems that make signals to warn the driver of any possible impact that may occur and create time for the driver to take extra precautionary measures.

The system can also be integrated with automatic train protection where in case of an accident the system will automatically reduce the impact of the collision or prevent the accident from occurring in the first place. Furthermore, the adaptive cruise control which is included in the pedestrian detection system can help to automatically regulate the speed of the vehicle according to the distance from the pedestrians.

INTRODUCTION:

The global pedestrian detection systems market is propelled by safety measures and guidelines of various countries to manufacture cars that have increased pedestrian safety and the rising incidence of road carnage across the world. These regulations mandate the adoption of a global pedestrian detection system into vehicles and its compliance with safety standards such as Euro NCAP, NHTSA, and IIHS.

Hence, several automakers and manufacturers are making significant changes in the production process of vehicles to integrate this global pedestrian detection system which will fuel their demand in the market. Moreover, the high threat to pedestrian safety with the increasing number of worldwide road mishaps is leading to the direction of GDPSs as these provide safety to pedestrians in the event of a collision.
The following are the trends that will drive the demand for the global pedestrian detection system; new sensing technologies such as radar, lidar, cameras, and ultrasonic sensors that aid in making the system more accurate and effective. The improvement of self-sufficient automobiles means that they would adopt GPDS since it is crucial for self-driving vehicles, and therefore increased car ownership will lead to the need for better pedestrian detection. Therefore, these factors are predicted to fuel the global pedestrian systems market over the forecast period.

MARKET DRIVERS:

• Growth in urbanization and pedestrian-vehicle interaction across the globe is predicted to propel the market:

Major factors that have led to the population explosion include an increase in technological growth and infrastructural growth especially in the urban areas. This demographic bulge is more apparent in countries such as China and India where pedestrians are quite noticeable and are in big groups on the roads. The risk of road accidents is very prominent in these regions with a growing population and rapid urbanization. Hence, the need for global pedestrian detection systems in vehicles is necessary to avoid any collisions and reduce the growing number of accidents.

In the regions where there is a higher likelihood of vehicle-pedestrian interactions in urban areas, the GDPS are particularly relevant which makes them essential for improving safety in cities. For this reason, several automakers across the world are installing these systems in their vehicles with escalating demands due to demographic transition in urbanized societies. This is expected to offer a significant boost to the global pedestrian detection systems market in the forecast period.

• The growing technological advancements are projected to drive the global pedestrian detection systems market.

There are always changes that are being worked on regarding the safety features that are integrated into the cars like the international pedestrian recognition system that helps in avoiding an interaction with a pedestrian on the road and, therefore, reducing the number of accidents on the roads. It also includes better sensor technologies such as improvements in the effectiveness of distance sensors, spatial sensors, and recognition sensors, which keep GPDS much more consistent and attractive in the sight of car manufacturers and shoppers.

The demand for advanced pedestrian detection systems that can accurately identify and respond to pedestrians in various scenarios in autonomous vehicles and collaboration between automotive manufacturers, technology companies, and research institutions for innovation in GPDS is all the technological advancements that are predicted to propel the market growth over the forecast period.

MARKET RESTRAINT:

The global pedestrian detection systems market can be hindered due to several factors, including the high cost needed for new and innovative technology of pedestrian detection systems. This makes manufacturers unable to invest in high-cost requirements for manufacturing vehicles and may create doubts among vehicle manufacturers to adopt these advanced safety features into new vehicle models they manufacture, especially in lower-priced vehicle segments, which, if adopted with this system, will increase its price and is anticipated to affect the global pedestrian detection system market negatively over the forecast period.

• Growth is projected to be prominent in the Europe region.

The European region is expected to show major growth in the global pedestrian detection systems market. The rapid growth in rules to add safety features into vehicles made by the government regarding pedestrian safety includes common passengers on footpaths, cyclists on the road, and pedestrians crossing roads. These regulations are fueling the demand for suitable safety features in vehicles around the European region to integrate features like pedestrian detecting systems into modern vehicles that are manufactured.

Therefore, the strict government regulations regarding safety concerns, coupled with the adoption of GDPS by major automakers in the region, are anticipated to significantly fuel the pedestrian detection system market in the European region over the forecast period.

Key Developments:

• In December 2023, Powerfleet announced the launch of an AI-powered pedestrian safety solution that bolsters pedestrian safety and proactively prevents accidents.

Segmentation:

• By Type
  • Video
  • Infrared
  • Hybrid
  • Others
• By Component
  • Sensor
  • Camera
  • Radar
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others 
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Others 
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others 
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others