Press release
Anti-collision Sensor Market: Understanding The Key Product Segments And Their Future
The leading driver of the global anti-collision sensor market at the moment is the increasing number of vehicles on road, coupled with the increasing percentage of vehicular accidents. The growing scope of road accidents is prompting for the faster development of better anti-collision technology. The global anti-collision sensor market is also being propelled by the implications of the New Car Assessment Program (NCAP) in North America specifically. Advancements in sensor technology and its implementation in autonomous transportation system are also increasing scope with which anti-collision technologies can operate. The global anti-collision sensor market is also likely to be driven by the rising application of UAVs in military, scientific, commercial, agriculture and recreation. However, the high cost of anti-collision sensors is currently impeding the overall growth rate of the global anti-collision sensor market.The global anti-collision sensor market was valued at US$3.8 bn in 2015. The market’s revenue is expected to continue expanding at a CAGR of 19.8% from 2016 to 2024, eventually accounting for US$18.543 bn by the end of 2024.
Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=19208
Europe is the leading market player in global anti-collision sensor market, owing to a large number of European countries such as Russia, Germany and Italy that are adopting automated transportation system in metro rail, and other vehicles. Adaptive cruise control has the leading share in this market. European car manufacturing companies such as BMW, Honda are incorporating this technology in their cars, thus broadening the market scope of radar and camera sensors. Aerospace and defense is the leading market in terms of end users as Russia, Germany make huge investment on defense products. Drones have been extensively used in this region thus increasing scope of anti-collision sensors.
Asia Pacific is likely to acquire a significant market share as Japan and China are some of the important nations that contribute to the growth trajectory of anti-collision sensor market. Japan implemented autonomous decentralized transportation system and this increases the number of automated rail network in this country. China is just next to USA in terms of car population and adaptation to automation is the latest trend there. Hence, Asia Pacific region has substantial contribution in triggering the growth of anti-collision sensor market. North America holds around 18% market share in global anti-collision sensor market. US, Canada and Mexico are some of the important nations that contribute to the growth of anti-collision sensor market.
US is a major economy in driving the growth prospect of global anti-collision sensor market. Large number of US car manufacturing companies are installing anti-collision sensors in their cars. Due to the growing popularity of driverless cars, US car manufacturers adopting this design to sustain in competitive automobile market as their European counterparts. US regulation also stress on the need for anti-collision system in automobiles and that finally lead North American region as a major market for anti-collision sensors.
View Our Report @ https://www.transparencymarketresearch.com/anti-collision-sensor-market.html
The global anti-collision sensor market is segmented on the basis of technology into segments are radar, ultrasonic, lidar, and camera. Radar sensors is expected to hold the leading market share and it is likely to be a very swiftly-growing segment during the forecast period. Radar sensors can detect objects at longer distance and this sensor work with high speed and efficiency. This sensor is used in adaptive cruise control and forward collision warning system. Radar sensor in combination with camera sensor are expected to hold significant market share in anti-collision sensor market. On the other hand, ultrasonic sensors are of low price and that is expected to increase their usability as parking sensor.
Leading market players in the global anti-collision sensor market so far, have been Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), ZF Friedrichshafen (Germany), and Delphi Automotive (UK).
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com
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 Anti-collision Sensor Market: Understanding The Key Product Segments And Their Future here
News-ID: 1038853 • Views: …
More Releases from Transparency Market Research
Acromegaly Treatment Market to Reach USD 3.1 Billion by 2035, Driven by Diagnost …
The global Acromegaly Treatment Market is experiencing a significant transformation as improved early diagnosis, innovative therapeutic formulations, and regulatory support converge to expand patient access and drive substantial growth. According to the latest industry analysis, the global market, valued at US$ 1.5 billion in 2024, is projected to reach US$ 3.1 billion by 2035, progressing at a CAGR of 6.7% from 2025 to 2035.
Gain a preview of important insights from…
Forensic Genomics Market Projected to Surge to USD 2.4 Billion by 2035 as NGS, A …
The global Forensic Genomics Market is undergoing a period of accelerated transformation and expansion as next-generation sequencing (NGS), advanced PCR workflows, and AI/ML-driven bioinformatics redefine the capabilities of modern forensic investigations. According to the latest industry analysis, the market-valued at US$ 0.5 billion in 2024-is projected to reach approximately US$ 2.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 14.5% between 2025 and 2035.
Access key findings…
Planetary Roller Screw Market to Reach USD 1.1 Billion by 2035 as Demand for Hig …
The global Planetary Roller Screw Market is poised for substantial expansion over the next decade, driven by rising demand for high-load, high-precision performance in harsh industrial environments, rapid technological advancements, and the ongoing global shift toward electrified and automated systems. According to the latest industry intelligence, the market-valued at US$ 610.0 Mn in 2024-is projected to reach US$ 1,105.0 Mn by 2035, advancing at a compound annual growth rate (CAGR)…
Chemical Absorbent Cotton Market Set to Reach USD 600.1 Million by 2035 Driven b …
The global Chemical Absorbent Cotton Market is entering a phase of sustained expansion, backed by rapid industrialization, strengthened environmental regulations, and growing adoption of biodegradable absorbent solutions across healthcare, chemical handling, automotive, and industrial safety applications. According to the latest industry analysis, the global market-valued at US$ 340.0 million in 2024-is projected to reach US$ 600.1 million by 2035, expanding at a CAGR of 5.4% from 2025 to 2035.
Access key…
More Releases for Germany
Robot End Effector Market Size in 2023 To 2029 | Schunk (Germany), Schmalz (Germ …
The report offers a detailed measurement of the drivers, development, and prospects that have a direct impact on the Robot End Effector market. The market study contains an in-depth analysis of the international Robot End Effector Market based on the key boundaries that encompass the drivers, sales inquiry, market limits & share. The report further highlights assessing the market size of four key regions, namely North America, Europe, Asia-Pacific, and…
Germany Agriculture Market, Germany Agriculture Industry, Germany Agriculture Da …
Agriculture is important sector for the Germany’s food security and also a provider of jobs. More than half of country’s national territory is used for farming. Approximately 1 million people currently work part-time or full-time in agricultural holdings. Key agricultural products include milk, cereals, potatoes, barley, cabbages, pork, beef, poultry, wheat, and sugar beets. In some regions fruits & vegetables, wine and other horticultural products play a significant role. Agricultural…
High Voltage System Market 2020: Top Key Players Are Bosch (Germany), Continenta …
High Voltage System Market Overview:
Research report on The High Voltage System Market by ‘Market Growth Insight’ covers deep analysis on key factors that directly influence the market growth including impact of COVID-19. The report is a thorough study of drivers, opportunities, restraints, challenges, and risks associated with the High Voltage System market to help the players plan their growth activities and strategies carefully, while considering these crucial factors. The High…
Product Engineering Services Market Outlook 2024 By Key Players: Accenture PLC(G …
Product Engineering Services Market reports report offers a comprehensive evaluation of the global market analysis (2019-2024). This 94 pages research study involves the extensive use of both primary interviews and secondary research data sources. The report consists of market share, size, CAGR, industry analysis, go to market strategy, SWOT analysis, sales, revenue, key players, information on products and application, competitive insights, value chain, and macroeconomic analysis etc.
The product engineering is…
High Voltage System Market Scenario Highlighting Major Drivers & Trends, 2019 †…
High Voltage System Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation…
Global Contrast Sensor Market 2025 | BALLUFF(Germany), CONTRINEX(Swizerland), Di …
Researchmoz added Most up-to-date research on "Global Contrast Sensor Market Insights, Forecast to 2025" to its huge collection of research reports.
The Contrast Sensor market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the…
