PUBLISHER: The Business Research Company | PRODUCT CODE: 1717270
PUBLISHER: The Business Research Company | PRODUCT CODE: 1717270
A pedestrian detection system is an advanced safety feature in vehicles designed to identify and track pedestrians in the vehicle's path using sensors, cameras, and AI. It helps prevent collisions by alerting the driver or automatically applying the brakes, thereby improving road safety in urban and crowded environments.
The main components of pedestrian detection systems include hardware and software. Hardware encompasses the physical devices and equipment used in these systems, such as sensors, cameras, and control units, which work together to detect pedestrians and provide alerts. Technologies in pedestrian detection systems are categorized into vision-based systems, sensor fusion systems, infrared systems, and ultrasonic systems. Distribution channels for these systems include original equipment manufacturers (OEMs) and the aftermarket, serving vehicle types such as passenger and commercial vehicles. Applications extend to traffic management, surveillance, and other areas.
The pedestrian detection system market research report is one of a series of new reports from the business research company that provides pedestrian detection system market statistics, including pedestrian detection system industry global market size, regional shares, competitors with an pedestrian detection system market share, detailed pedestrian detection system market segments, market trends and opportunities, and any further data you may need to thrive in the pedestrian detection system industry. This pedestrian detection system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pedestrian detection system market size has grown rapidly in recent years. It will grow from $8.46 billion in 2024 to $9.88 billion in 2025 at a compound annual growth rate (CAGR) of 16.8%. The growth in the historic period can be attributed to increasing traffic accidents involving pedestrians, advancements in sensor technology, government regulations and safety standards, growing adoption of advanced driver assistance systems (ADAS), rising awareness about road safety, and enhanced vehicle safety features.
The pedestrian detection system market size is expected to see rapid growth in the next few years. It will grow to $18.2 billion in 2029 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to the expansion of autonomous vehicle technology, increasing urbanization and pedestrian traffic, the development of smart cities and infrastructure, Growth in demand for real-time data processing, growing emphasis on vehicle-to-everything (V2X) communication. Major trends in the forecast period include increased use of 3D and multi-sensor fusion technologies, growth in demand for real-time data processing, advancements in camera and sensor technologies, enhanced software algorithms for improved accuracy, expansion of pedestrian detection systems in various vehicle segments, rising focus on reducing false positives, and improving system reliability.
The rising number of road fatalities is expected to drive the growth of the pedestrian detection system market. Road fatalities are deaths resulting directly from injuries sustained in traffic accidents or road-related incidents. Contributing factors include higher vehicle speeds, distracted driving due to mobile phone use, and inadequate road safety measures. Additionally, increasing urbanization and a higher number of vehicles on the road lead to more frequent and severe traffic accidents. Pedestrian detection systems, which utilize AI, sensors, and cameras in vehicles and road infrastructure, are designed to identify pedestrians and prevent accidents, thus reducing road fatalities. For example, Eurostat, the Luxembourg-based statistical office of the European Union, reported in March 2024 that 20,653 people were killed in road accidents in the EU in 2022, marking a 3.7% increase from 2021. Consequently, the rising number of road fatalities is fueling the growth of the pedestrian detection system market.
Major companies in the pedestrian detection system market are emphasizing AI integration into proactive safety measures, such as AI-powered object detection, to improve safety, reduce accidents, and provide real-time insights for better decision-making. AI-powered object detection identifies people and material handling equipment (MHE), offering visual and audio alerts for potential hazards. For example, in December 2023, Powerfleet Inc., a US-based technology company, introduced its advanced pedestrian proximity detection solution, utilizing AI technology to enhance safety in warehouses and manufacturing facilities. This solution includes three vehicle-mounted cameras and real-time analytics, aiming to meet the increasing demand for effective safety measures in environments with growing labor and safety challenges.
In May 2022, Vance Street Capital, a US-based private equity firm, acquired Carmanah Technologies for an undisclosed amount. This acquisition is intended to expand and enhance Vance Street Capital's Intelligent Transportation Systems (ITS) platform for traffic and pedestrian safety, leveraging Carmanah's expertise to drive innovation in the sector. Carmanah Technologies, based in Canada, specializes in innovative solutions for traffic management and pedestrian safety.
Major companies operating in the pedestrian detection system market are Hitachi Ltd., Robert Bosch GmbH, Siemens AG, Intel Corporation, Panasonic Corporation, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., NVIDIA Corporation, Subaru Corporation, Geely Automobile, Valeo S.A., Texas Instruments Incorporated, Aptiv PLC, Infineon Technologies AG, Magneti Marelli S.p.A., Autoliv Inc., HELLA GmbH & Co. KGaA, Teledyne Technologies, Mobileye, Veoneer, Velodyne Lidar Inc., LeddarTech
Asia-Pacific was the largest region in the pedestrian detection system market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the pedestrian detection system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the pedestrian detection system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The pedestrian detection system market consists of revenues earned by entities by providing services such as sensor integration, software development, AI-based analytics, and real-time monitoring solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The pedestrian detection system market also includes sales of cameras, radar sensors, LiDAR systems, and control units. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pedestrian Detection System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pedestrian detection system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for pedestrian detection system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pedestrian detection system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.