Press release
Collision Avoidance System Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | ZF Friedrichshafen AG, Delphi Technologies PLC, General Electric Company, Mobileye Global Inc
Collision Avoidance System Market Size
The Business Research Company offers in-depth market insights through Collision Avoidance System Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The collision avoidance system market size has grown rapidly in recent years. It will grow from $42.14 billion in 2023 to $46.39 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to increased automotive safety regulations, reduction in accidents and fatalities, urbanization and traffic congestion, consumer demand for safety features, and insurance industry influence.
The collision avoidance system market size is expected to see strong growth in the next few years. It will grow to $66.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to smart cities and infrastructure, pedestrian and cyclist safety, emerging market adoption, growing autonomous vehicles, and rising road traffic
. Major trends in the forecast period include electric and hybrid vehicle integration, automotive industry innovations, real-time data and ai integration, 5g connectivity and v2x communication, and advanced driver assistance systems (adas).
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=7470&type=smp
Market Segmentation:
The main products of collision avoidance systems are adaptive cruise control (ACC), autonomous emergency braking (AEB), lane departure warning systems, parking assistance, and other products. An adaptive cruise control (ACC) collision avoidance system is a type of active safety system that automatically regulates a vehicle's acceleration and braking system. The technologies used are lidar, radar, ultrasonic, cameras, and other technologies. The various applications involved automotive, marine, aerospace, railways, and other applications.
Major Driver - Rising Demand For Automated Vehicles Fuels Growth In The Collision Avoidance System Market
An increase in demand for automated vehicles is expected to drive the collision avoidance system market going forward. Automated vehicles refer to vehicles that can sense their surroundings and operate without human intervention. Automated vehicles use collision avoidance systems such as sensors, cameras, emergency braking, lane-keeping, and others to control the car and avoid accidents. For instance, in 2021, Tesla, a US-based automated car manufacturer, sold 93.6 vehicles globally, an 87% increase from 2020. Therefore, increased demand for automated vehicles is driving the collision avoidance system market growth.
Competitive Landscape:
Major companies operating in the collision avoidance system market include ZF Friedrichshafen AG, Delphi Technologies PLC, General Electric Company, Mobileye Global Inc., Denso Corporation, Robert Bosch GmbH, Wabtec Corporation, Alstom SA, Autoliv Inc., Honeywell International Inc., Ride Vision Ltd., Aptiv Global Operations Ltd., LILEE System Ltd., Knorr-Bremse AG, Hella GmbH & Co. KGaA, Becker Mining Systems AG, Hexagon AB, Aviation Communication & Surveillance Systems LLC, Saab AB, Rockwell Automation Inc., Hyundai Mobis, Analog Devices, Murata Manufacturing Co. Ltd., Freescale Semiconductor, Infineon Technologies, Panasonic Corporation, Continental AG, Siemens AG, Aptiv Plc, Magna International Inc., Fujitsu Laboratories Ltd., Valeo India Pvt. Ltd., NXP Semiconductors, Texas Instruments Incorporated, STMicroelectronics N.V., Renesas Electronics Corporation, Aisin Seiki Co. Ltd., Sensata Technologies Inc., First Sensor AG, LeddarTech Inc., Quanergy Systems Inc., Velodyne Lidar Inc., Ouster Inc., Luminar Technologies Inc.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/collision-avoidance-system-global-market-report
Top Trend - Technological Advancements Drive Innovation In The Collision Avoidance System Market
Technological advancement is a key trend gaining popularity in the collision avoidance system market. Major companies operating in the collision avoidance system market are focused on developing new technological solutions to strengthen their position. For instance, in June 2023, Wabtec Digital Mine, a US-based technology company launched Generation 3 Collision Avoidance System (CAS). This advanced system focuses on true collision avoidance, surpassing traditional proximity detection. It maintains core features such as real-time self-testing, personnel detection, and secondary sensing, ensuring top-notch performance. The Generation 3 CAS features a user-friendly interface with context-based voice alerts, replacing traditional beeps and buzzers with discreet, directional, and audible warnings. The system enhances safety and productivity, with a strong focus on reducing risks associated with vehicle interactions in mining environments.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Collision Avoidance System Market Characteristics
3. Collision Avoidance System Market Trends And Strategies
4. Collision Avoidance System Market - Macro Economic Scenario
5. Collision Avoidance System Market Size And Growth
…..
27. Collision Avoidance System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Collision Avoidance System Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | ZF Friedrichshafen AG, Delphi Technologies PLC, General Electric Company, Mobileye Global Inc here
News-ID: 3409402 • Views: …
More Releases from The Business research company
Exploring the Global Electronic Logging Device Market: A Comprehensive Overview
The electronic logging device market size has grown steadily in recent years. It will grow from $14.15 billion in 2023 to $14.78 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to regulatory mandates, improved compliance and accuracy, enhanced fleet management, safety and accident prevention, productivity gains, reduction in paperwork burden..
The electronic logging device market size…
Exploring the Global Digital Rights Management In Media And Entertainment Market …
The digital rights management in media and entertainment market size has grown rapidly in recent years. It will grow from $2.95 billion in 2023 to $3.49 billion in 2024 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to shift to digital distribution, globalization of content, diverse content formats, increase in online streaming, protecting intellectual property, consumer demand for…
Exploring the Global Cryostat Market: A Comprehensive Overview 2024-2033
The cryostat market size has grown strongly in recent years. It will grow from $2.48 billion in 2023 to $2.63 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to expansion of biomedical research, rise of cryo-electron microscopy (cryo-em), biobanking and biorepository development, cancer research and diagnostics, drug discovery and development, tissue engineering advancements, increase in…
Exploring the Global Container as a Service Market: A Comprehensive Overview
The container as a service market size has grown exponentially in recent years. It will grow from $2.53 billion in 2023 to $3.26 billion in 2024 at a compound annual growth rate (CAGR) of 28.9%. The growth in the historic period can be attributed to rise of microservices architecture, demand for application portability, efficiency in resource utilization, cost savings and resource efficiency, standardization of deployment processes..
The container as…
More Releases for Collision
Automotive Collision Repair Market
Automotive Collision Repair Market is valued at USD 193.87 billion in 2022 and is projected to reach a value of USD 228.94 billion in 2030 expanding at a CAGR of 2.1% over the forecast period of 2022-2030.
Automotive Collision Repair Market: Overview
Automotive collision repair mainly includes denting, painting, repairing, and replacement of accidentally damaged vehicles parts. Also, the cost for the collision repair is mainly financed by the insurance companies.
All these…
Automotive Collision Repair Market Comparative Scenario 2020: 3M, Caliber Collis …
The latest study released by Data Bridge Market Research on Global Automotive collision repair Market covering key business segments and wide scope geographies to get deep dive analyzed market data. The Automotive collision repair market analysis report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. This Automotive collision repair market analysis report also includes…
What's Driving the Automotive Collision Repair Market Growth? 3M, Caliber Collis …
Considering the increasing number of independent repair shops, automotive collision repair market behemoths are focusing on manufacturing innovative products to generate more revenue. Recently, in the 2017 SEMA show, the automotive aftermarket division of 3M launched a rather unique vehicle painting process - a spray cup system that provides improved efficiency, advanced performance, and cleanliness while reworking. With this product, 3M further validates the fact that the rising innovation in…
Global Automotive Collision Repair Service Market 2017 - Caliber Collision, Serv …
The report, titled Automotive Collision Repair Service is well-planned and methodical research study based on the Automotive Collision Repair Service market is developed to analyze the competitive structure of an industry in the world. Analysis of the Automotive Collision Repair Service market is provided using efficient analytical tools such as SWOT analysis and Porter’s five force analysis.
Request For Sample Report @ https://www.fiormarkets.com/report-detail/121287/request-sample
The report examines the market in terms of volume…
Global Automotive Collision Repair Service Market 2017: Key Players – 3M, Cont …
Summary
This report studies the global Automotive Collision Repair Service market, analyzes and researches the Automotive Collision Repair Service development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
3M
ABRA Auto Body & Glass
BASF
Continental
Service King
Caliber Collision
Robert Bosch GmbH
DuPont
Honeywell International Inc.
Federal-Mogul Corporation
Denso Corporation
ZF Friedrichshafen AG
Faurecia…
Global Automotive Collision Repair Service Market 2022 - Service King, Caliber C …
This report studies the global Automotive Collision Repair Service market, analyzes and researches the Automotive Collision Repair Service development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
3M
ABRA Auto Body & Glass
BASF
Continental
Service King
Caliber Collision
Robert Bosch GmbH
DuPont
Honeywell International Inc.
Federal-Mogul Corporation
Denso Corporation
ZF Friedrichshafen AG
Faurecia
Bridgestone Corporation
Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia
Market segment by Type, Automotive…
