Automotive Rear Occupant Alert System Market is projected to Expand at CAGR of 13.5% and Reach a Revenue of US$ 2.1 Billion during Forecast Period of 2022-31, says Transparency Market Research – QNT Press Release

  • The global automotive rear occupant alert system market is expected to benefit from stringent regulations necessitating incorporation of advanced safety technology
  • The global market is estimated to be driven by growing awareness about pet and kid safety in unsupervised vehicles throughout the forecast timeline

WILMINGTON, Del., Nov. 15, 2022 /PRNewswire/ — In 2021, the global automotive rear occupant alert system market was worth US$ 602.3 Mn.Sales analysis of automotive rear occupant alert system market project the market to rise at 13.5% CAGR during the forecast period, from 2022 to 2031. The global Automotive Rear Occupant Alert System market size is likely to touch value of US$ 2.1 Bn by 2031. The deployment of rear-seat occupant alert systems has been prompted by an increase in the number of kids and pets left alone in cars. Guide to rear occupant alert systems has come to existence to make people aware about the use of such systems.

By 2025, virtually all automakers have committed to include a rear passenger warning system in every car they produce. For instance, the latest technology created by Hyundai Mobis employs a radar-based automotive rear passenger alerting system to detect even slight movements in the back; it is all the more dependable in terms of heat sensing. Such innovations are estimated to present immense growth prospects for the rear occupant alert system manufacturing companies in the years to come.

Awareness about never leaving a child or a pet unattended in a vehicle is likely to drive demand for automotive rear occupant alert system. A parked car’s cabin or interior temperature can quickly rise to levels that are dangerous for children or animals, even on a warm day . Just after one hour of parking on a day that has a temperature of 16 ° C, Consumer Reports research shows that a car’s interior could hit a potentially fatal temperature of 40 ° C.

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Key Findings of Market Report

  • In the upcoming years, it is projected that government rules and restrictions about leaving a child unattended in a car …

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