Report ID: SQMIG45I2076
Report ID:
SQMIG45I2076 |
Region:
Global |
Published Date: July, 2024
Pages:
285
|
Tables:
117 |
Figures:
77
Child Presence Detection System Market size was valued at USD 79.8 million in 2019 and is poised to grow from USD 110.8 million in 2023 to USD 4,111.8 million by 2031, growing at a CAGR of 50.2% in the forecast period (2024-2031).
A child may be unattended in a car and at risk for heat stroke. The kid presence detection system was created to address this issue. If a child is left unsupervised in the automobile, the alarm and communication systems will cause alert notifications to go out, notifying the carer or onlookers. This is often an incredibly precise and reliable radar system that can detect even a newborn child's sleeping vital signs.
The primary factor driving the market for child presence detection methods is the rising frequency of child fatalities from being trapped in hot cars. The market for child presence detection systems is also expected to expand as sales of luxury and SUVs rise along with the number of babies born each day. The market for child presence detection systems, however, may be constrained by high system costs and subpar quality of products, whereas economy has evolved will be hindered by complexity and high maintenance costs.
Additionally, the market for child presence detection methods has a lot of potential due to government initiatives and regulations regarding the safety of children in vehicles.
US Child Presence Detection System Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG45I2076