Press release
Long Range Obstacle Detection System Market Segmented by Sensor and Application, Size, Growth Opportunity Analysis and Industry Forecast, 2017-2023
Long-range obstacle detection system refers to the technology that monitors and tracks the obstacle located at a particular distance to avoid accidents or collisions. This system works on the sensor, which is selected based on measurement limits, and generate an alarm in case of any obstacle.The global long range obstacle detection system market is expected to register substantial growth in the near future, owing to increase in need for public safety & security, rise in spending on technology & smart devices, and growth in rail accidents. However, factors such as high initial investment, lack of awareness, and requirement of high maintenance are expected to restrict the growth of the market.
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The report segments the long-range obstacle detection system market on the basis of sensor, application, and geography. Based on sensor, the market is divided into the radar (radio detection & ranging), laser scanner, and sonar (sound navigation & ranging). As per application, it is classified into the railway track management, perimeter intrusion detection, motion detection, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive competitive analysis and profiles of major market players such as BAE Systems, ifm electronic, Inovonics Wireless Corporation, Honeywell International Inc., MaxBotix Inc., Robert Bosch GmbH, Rockwell Collins, SICK AG, Schneider Electric, and TEKSUN INC. are provided in this report.
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Long Range Obstacle Detection System Market Key Segments:
By Sensor
•Radar
•Laser Scanner
•Sonar
By Application
•Railway Track Management
•Perimeter Intrusion Detection
•Motion Detection
•Others
By Geography
•North America
•Europe
•Asia-Pacific
•LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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