Crash Test Dummies Market Business Driving Factors, Key Companies, and Current Trends Analysis, 2023
Globally, market is predicted to generate massive revenue over next five years, providing numerous opportunities for industry participants to invest in research and development of crash test dummies market.
(firmenpresse) - The global crash test dummies market is expected to display higher growth rate over the next five years. Rapid surge in the market is credited to the rapid technological advancement in automotive sector and rise in number of car launches each years. Growing importance towards crash and safety testing to determine vehicle safety is expected to boost the market demand for crash test dummies market over the forecast period. Globally, market is predicted to generate massive revenue over next five years, providing numerous opportunities for industry participants to invest in research and development of crash test dummies market.
Large number of modern car are expected to be launched over the next few years, thereby fostering market demand for crash test dummies. Rising number of rental car services across the globe is expected to force manufactures to adopt advanced safety solution in their vehicles. Original equipment manufacturers (OEMs) are increasingly utilizing crash dummies to test efficiently of safety systems, thus propelling the growth of the market in the past few years.
The crash test dummies are also referred as a full-scale anthropomorphic test devices (ATDs); these devices are designed in such a way that it matches the dimensions, weight proportions and articulation of the human body. The crash test dummies are used to collect information regarding the dynamic behavior of anthropomorphic test devices ATD during simulation of vehicle impact. The crash test dummies are gaining popularity among researchers and automobile manufacturers due to their capability to measure the biomechanics, force, impact and human casualties during an automobile crash.
The crash test dummies market is broadly categorized into three major segments based on the product type such as hybrid 1, hybrid 2 and hybrid 3 dummies. Hybrid 3-crash dummies segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of Hybrid 3-crash dummies segment is attributed to their capability to measure positioning and restraints on human body.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in automotive sector, surge in number of research & development activities in the region and existence of well-established manufacturing infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the increase in the launch rate of new vehicles and rise in implementation of rigorous safety standards.
Asia-Pacific region is estimated to hold a major share in the crash test dummies market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rapid advancement in automotive sector, rising importance towards crash and safety testing, favorable government initiatives, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the crash test dummies market are 4activeSystems GmbH, Cellbond Ltd., Dynamic Research, Inc., Humanetics Innovative Solutions, Inc., Jasti Co., Ltd., and TASS International B.V.
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Datum: 05.03.2020 - 10:37 Uhr
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