Press release
Collision Avoidance Sensors Market Research Report Status, Competitive Landscape, Upcoming Opportunities, Promising Business Strategies Forecast 2023|Growth by Top Key Players: TRW Automotive, Denso, Robert Bosch GmbH, Delphi Automotive Systems
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.Technology Outlook and Trend Analysis
Various technology-based collision avoidance systems, for example, ultrasound, LiDAR, camera, and radar, provide pre-crash mitigation and active safety capacities to engine vehicles. Radars are favoured in the setup that need exact assurance of separation and area of any impediment. Cameras, both vision, and infrared have a shorter field of view than radars however help in recognizing the sort of impediment.
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Application Outlook and Trend Analysis
The development of the industry is boosted by the rising sales of Advanced Driver Assistance Systems (ADAS), for example, blind spot detection, lane departure warning, adaptive cruise control, forward collision warning setup, and parking assistance, among others. Vehicles outfitted with stopping help make use of a variety of ultrasound and anti-collision systems.
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.
Competitive Insights
The leading players in the market are TRW Automotive, Denso, Robert Bosch GmbH, Delphi Automotive Systems and Continental AG. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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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
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Growing Focus of Consumers & OEMs on Vehicle Safety
3.2.1.2. Strict Legal and Regulatory Standards
3.2.2. Restraints
3.2.2.1. Cyclic Nature of Automotive Sales & Production
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
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)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
...CONTINUED FOR TOC
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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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