Occupant Classification Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Occupant Classification Systems Industry Overview

The market for the occupant classification system is highly competitive. The brand identity associated with the companies has a major influence on this market. As strong brands are considered to be synonymous with good performance, long-standing players are expected to have the upper hand. Some of them are IEE Sensing, Continental AG, and Robert Bosch GmbH. Considering their market penetration, and the ability to invest in new technologies, the competitive rivalry is expected to continue to be high.

• In September 2019 - Measurement Specialties Inc., a subsidiary of TE Connectivity Ltd, had completed the previously announced acquisition of Silicon Microstructures Inc. from Elmos Semiconductor AG. SMI's micro-electro-mechanical systems (MEMS) sensor technology design and manufacturing capabilities, with TE's operational scale, customer base, and existing sensors technologies, lead to more comprehensive global sensing solutions offering for customers. SMI expands TE's global leadership in pressure sensing technology, particularly in medical, transportation, and industrial applications
• In March 2019 - Bosch opened its new 'Connectory' in London as an incubator for urban mobility solutions. The company says the Shoreditch-based location is open to partners from the public, private, and academic sectors, from start-ups to multinational organizations with a dedicated goal, 'to develop smart mobility solutions for London.'