May 9, 2018   SOURCE: BusinessWire

Smart Bumpers: Global Market Forecasts 2018-2022 with Analysis by End-User - ResearchAndMarkets.com

The "Global Smart Bumper Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global smart bumper market is forecast to grow at a CAGR of 5.34% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is bumper airbags for pedestrian safety. OEMs are working on the development of bumper airbags, which are designed to protect the pedestrians from crashing into vehicles, thereby, reducing the chances of serious injuries and fatalities.

According to the report, one driver in the market is use of lightweight materials to manufacture smart bumpers leading to enhanced fuel efficiency. With regulatory bodies across several countries adopting fuel economy norms, OEMs are shifting their focus from the utilization of conventional materials to lightweight materials such as plastics for offering fuel-efficient automobiles.

Further, the report states that one challenge in the market is maintaining balance between price and quality. Automotive OEMs are subject to high cost pressures due to the dynamism of the regulatory environment and demanding consumer base. An introspective view of this situation shows how OEMs have been taking a hit on profitability to cater to the price-sensitive consumers without pushing much of the liability and risk to the other stakeholders in the value chain.

Key Vendors

  • Autoliv
  • Continental
  • Denso
  • Plastic Omnium
  • Robert Bosch

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by End-User

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/2qgqk2/smart_bumpers?w=4