Press release
Collision Avoidance System Market is expected to be USD 60.77 billion by 2023 | TRW Automotive, Denso, Robert Bosch GmbH, Delphi Automotive Systems and Continental AG
Collision Avoidance System Market
The leading players in the market are TRW Automotive, Denso, Robert Bosch GmbH, Delphi Automotive Systems and Continental AG.
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The Collision Avoidance System Market is segmented as follows-
By Technology:
Camera
LiDAR
Radar
Ultrasound
By Application:
Blind Spot Detection (BSD)
Lane Departure Warning (LDW)
Adaptive Cruise Control (ACC)
Forward Collision Warning (FCW)
Parking Assistance
Others
Industry Outlook and Trend Analysis:
The Collision Avoidance System Market was worth USD 31.25 billion in 2014 and is expected to reach approximately USD 60.77 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.67% during the forecast period.
The market has seen development in the course of recent years, attributable to the high level of advancement in the field of LiDAR, radar, ultrasound, and camera innovations. Luxury automakers keep on exploiting the capability of such systems as a part of their active safety package. The developing sales of utility, sports, and luxury vehicles are foreseen to drive the counter impact frameworks industry development. Some major automakers have just started the reconciliation of basic collision avoidance systems into their mass-market models.
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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
5.Collision Avoidance Sensors Market, By Technology
5.1.Introduction
5.2.Global Collision Avoidance Sensors Sales, Revenue and Market Share by Technology (2014-2017)
5.3.Collision Avoidance Sensors Market Assessment and Forecast, By Technology, 2014-2023
5.4.Radar
5.5.Camera
5.6.Ultrasound
5.7.LiDAR
To be Continued...
Regional Outlook and Trend Analysis:
North America and Europe are developing markets of anti-collision systems as the propelled safety in motor vehicles has been ordered by government controls in the area. For instance, the Electronic Stability Control (ESC) standard is implemented in all the new vehicles since 2012 in the U.S. The European NCAP needs passenger vehicles to provide the emergency autonomous braking solution for accomplishing the organization's most astounding safety rating.
Reason to Buy:
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Collision Avoidance System Market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Global Collision Avoidance System Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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