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Collision Avoidance System Market Expected to Reach $24.99 Billion | Find Out Top Impacting Factor of Market Growth By Opportunity and Industry Forecast, 2017-2023
Collision Avoidance System Market by Type, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global collision avoidance system market was valued at $13.18 billion in 2016, and is projected to reach at $24.99 billion by 2023, growing at a CAGR of 9.7% from 2017 to 2023.In 2016, UK dominated the market in Europe; similarly, the U.S. led the overall market in North America. At present, Europe dominates this market, followed by North America. China dominates the market in Asia-Pacific. Increase in demand for automated vehicles plays a vital role in driving the automobile collision avoidance system market. In addition, improved visibility & enhanced safety supplements the growth of the market. However, high installation cost hampers the market.
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The major companies profiled in the report include Delphi Automotive LLP, Robert Bosch GmbH, Denso Corporation, Autoliv, Inc., General Electric Company, Rockwell Collins, Inc., Honeywell International, Inc., Siemens AG, Alstom SA, and Wabtec Corporation.
The automobile collision avoidance system market is segmented based on type, technology, application, and region. The type covered in the market research report include adaptive cruise control, autonomous emergency braking (AEB), lane departure warning system, parking assistance, and others (blind spot detection & night vision). The technology discussed in the study are LiDAR, RADAR, ultrasonic, and camera. The application segment includes automotive, aerospace & defense, marine, and rail. The regions considered in the study are North America, Europe, Asia‐Pacific, and LAMEA.
Increase in demand for automated vehicles, improved visibility & enhanced safety, high installation cost, and increase in automotive safety norms & electronic integration in automotive are the significant factors that impact the growth of the global collision avoidance systems market. These factors are anticipated to either drive or hamper the market.
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In recent years, there is considerable developments in the automated driving systems (ADS). Some of the cars sold today have adopted to the automated operations. In addition, prototype cars, which are capable of the autonomous driving are being tested on public roads of Europe, Japan, and the U.S. Automated system features reduced congestions, improved safety, and less stress level for car occupants. Due to the presence of such features, there is increase in demand for the automated vehicles, which supplements the growth of collision avoidance system market.
Reduced visibility conditions such as fog frequently causes multiple vehicle crashes with the serious consequences. Collision avoidance systems warns the driver whenever vehicle is in a condition to collide or crash on to the upfront object, which helps in collision/crash avoidance, particularly in reduced visibility conditions. Moreover, this helps in the upgradation of the safety of the vehicle as well as the occupants, which in turn drives the global collision avoidance system market.
LIST OF TABLES
TABLE 1. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY TYPE, 2016-2023($MILLION)
TABLE 2. ADAPTIVE CRUISE CONTROL MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 3. AUTONOMOUS EMERGENCY BRAKING (AEB) MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 4. LANE DEPARTURE WARNING SYSTEM (LDWS) MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 5. PARKING ASSISTANCE MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 6. OTHERS (BLIND SPOT DETECTION & NIGHT VISION) MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 7. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY TECHNOLOGY, 2016-2023($MILLION)
TABLE 8. LIDAR MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 9. RADAR MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 10. ULTRASONIC MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 11. CAMERA REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 12. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY APPLICATION, 2016-2023($MILLION)
TABLE 13. AUTOMOTIVE MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 14. AEROSPACE & DEFENSE MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 15. MARINE MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 16. MARINE MARKET REVENUE, BY GEOGRAPHY, 2016-2023($MILLION)
TABLE 17. COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 18. NORTH AMERICAN COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 19. NORTH AMERICAN COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 20. U.S. COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 21. CANADA COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 22. MEXICO COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 23. EUROPE COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 24. EUROPE COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 25. UK COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 26. GERMANY COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 27. FRANCE COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 28. REST OF EUROPE COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 29. ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 30. ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 31. CHINA COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 32. JAPAN COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 33. INDIA COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 34. INDIA COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 35. REST OF ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 36. LAMEA COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 37. LAMEA COLLISION AVOIDANCE SYSTEM MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 38. LATIN AMERICA COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 39. MIDDLE EAST COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 40. AFRICA COLLISION AVOIDANCE SYSTEM MARKET REVENUE, 2016-2023 ($MILLION)
TABLE 41. COMPANY SNAPSHOT: DELPHI AUTOMOTIVE LLP
TABLE 42. COMPANY SNAPSHOT: ROBERT BOSCH GMBH
TABLE 43. COMPANY SNAPSHOT: DENSO CORPORATION
TABLE 44. COMPANY SNAPSHOT: AUTOLIV, INC.
TABLE 45. COMPANY SNAPSHOT: GENERAL ELECTRIC COMPANY
TABLE 46. COMPANY SNAPSHOT: ROCKWELL COLLINS, INC.
TABLE 47. COMPANY SNAPSHOT: HONEYWELL INTERTNATIONAL INC.
TABLE 48. COMPANY SNAPSHOT: SIEMENS AG
TABLE 49. COMPANY SNAPSHOT: ALSTOM SA
TABLE 50. COMPANY SNAPSHOT: WABTEC CORPORATION
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