Collision Avoidance System Market Expected to Reach $24.99 Billion | By Top Leading Companies Delphi Automotive LLP, Robert Bosch GmbH, Denso Corporation, Autoliv, Inc., General Electric Company, Rockwell Collins, Inc., Honeywell International, Inc., Siem

Europe is expected to lead the global collision avoidance systems market throughout the forecast period, followed by North America. LAMEA is expected to grow at highest CAGR during the forecast period. Furthermore, the UK dominates the collision avoidance systems market in Europe, similarly, the U.S. dominates the collision avoidance system market in North America and China leads the collision avoidance systems market in Asia-Pacific.

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According to a recent report published by Allied Market Research, titled, 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.

Collision Avoidance System Market is a safety awareness or a warning system designed to reduce the severity of a collision. Such systems are widely used in automobile and mining sectors to avoid accidents. It is also known as pre-crash system, forward collision warning system, or collision mitigating system. This system helps detect the imminent strike, alerting the driver about any collision. These systems are interpolated within the vehicle to enable semi-autonomous and autonomous decision-making. Moreover, such systems automatically take action without any input from the driver.

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 market. However, high installation cost hampers the growth of the market to a greater extent. On the other hand, increase in automotive safety norms and electronic integration in automotive is projected to create greater opportunities for market expansion.

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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.

LIST OF FIGURES

FIGURE 1. MARKET SEGMENTATION
FIGURE 2. EXECUTIVE SUMMARY
FIGURE 3. TOP INVESTMENT POCKETS (2016)
FIGURE 4. KEY PLAYER POSITIONING OF COLLISION AVOIDANCE SYSTEM COMPANIES, 2016
FIGURE 5. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET, BY TYPE, 2016-2023
FIGURE 6. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET, BY TECHNOLOGY, 2016-2023
FIGURE 7. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET, BY APPLICATION (2016-2023)
FIGURE 8. NORTH AMERICAN COLLISION AVOIDANCE SYSTEM MARKET SHARE, BY COUNTRY, 2016-2023 (%)
FIGURE 9. U.S. COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 10. CANADA COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 11. MEXICO COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 12. EUROPE COLLISION AVOIDANCE SYSTEM MARKET SHARE, BY COUNTRY, 2016-2023 (%)
FIGURE 13. UK COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 14. GERMANY COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 15. FRANCE COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 16. REST OF EUROPE COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 17. ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET SHARE, BY COUNTRY, 2016-2023 (%)
FIGURE 18. CHINA COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 19. JAPAN COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 20. INDIA COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 21. AUSTRALIA COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 22. REST OF ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 23. LAMEA COLLISION AVOIDANCE SYSTEM MARKET SHARE, BY REGION, 2016-2023 (%)
FIGURE 24. LATIN AMERICA COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 25. MIDDLE EAST COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 26. AFRICA COLLISION AVOIDANCE SYSTEM MARKET, 2016-2023 ($BILLION)
FIGURE 27. FINANCIAL PERFORMANCE: DELPHI AUTOMOTIVE LLP
FIGURE 28. FINANCIAL PERFORMANCE: ROBERT BOSCH GMBH
FIGURE 29. FINANCIAL PERFORMANCE: DENSO CORPORATION
FIGURE 30. FINANCIAL PERFORMANCE: AUTOLIV, INC.
FIGURE 31. FINANCIAL PERFORMANCE: GENERAL ELECTRIC COMPANY
FIGURE 32. FINANCIAL PERFORMANCE: ROCKWELL COLLINS, INC.
FIGURE 33. FINANCIAL PERFORMANCE: HONEYWELL INTERTNATIONAL INC.
FIGURE 34. FINANCIAL PERFORMANCE: SIEMENS AG
FIGURE 35. FINANCIAL PERFORMANCE: ALSTOM SA
FIGURE 36. FINANCIAL PERFORMANCE: WABTEC CORPORATION

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