Collision Avoidance System Market Growth, Technology Advancements & Competitive Landscape by 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. 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.

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The major companies profiled in the report include Delphi Automotive LLP, Robert Bosch GmbH, Denso Corporation, General Electric Company, Rockwell Collins, Inc., Honeywell International, Inc., Siemens AG, Alstom SA, and Wabtec Corporation.

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.

In 2016, the adaptive cruise control (ACC) segment dominates the global collision avoidance systems in type segment, in terms of revenue. However, based on technology, RADAR led the global market followed, by camera in 2016.

Automotive segment led the collision avoidance systems market by application in 2016. However, marine segment is anticipated to depict highest CAGR throughout the forecast period.

Key Segments:

By Type
•Adaptive Cruise Control (ACC)
•Autonomous Emergency Braking (AEB)
•Lane Departure Warning System (LDWS)
•Parking assistance
•Others (blind spot detection & night vision)

By Technology
•LiDAR
•RADAR
•Ultrasonic
•Camera

By Application
•Automotive
•Aerospace & Defense
•Marine
•Rail

By Region
•North America
•Europe
•Asia-Pacific
•LAMEA

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Key Reasons to Buy the Report:

•This study comprises analytical depiction of the global collision avoidance systems market with current trends and future estimations to depict the imminent investment pockets.

•The overall market potential is determined to understand the profitable trends to gain a stronger foothold.

•The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.

•The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.

•Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.

Table of Content:

Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVES

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. PORTER’S FIVE FORCES ANALYSIS
3.3.1. High bargaining power of suppliers
3.3.2. High-to-moderate threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. High-to-moderate intensity of rivalry
3.3.5. Moderate bargaining power of buyers
3.4. KEY MARKET PLAYER POSITIONING, 2016
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Increase in demand for automated vehicles
3.5.1.2. Improved visibility and enhanced safety
3.5.2. Restraints
3.5.2.1. High installation cost
3.5.3. Opportunities
3.5.3.1. Increase in automotive safety norms
3.5.3.2. Electronic integration in automotive

Chapter: 4 COLLISION AVOIDANCE SYSTEM MARKET, BY TYPE
4.1. OVERVIEW
4.2. ADAPTIVE CRUISE CONTROL (ACC)
4.2.1. Key market trends, market size and forecast
4.2.2. Key growth factors and opportunities
4.3. AUTONOMOUS EMERGENCY BRAKING (AEB)
4.3.1. Key market trends, market size and forecast
4.3.2. Key growth factors and opportunities
4.4. LANE DEPARTURE WARNING SYSTEM (LDWS)
4.4.1. Key market trends, market size and forecast
4.4.2. Key growth factors and opportunities
4.5. PARKING ASSISTANCE
4.5.1. Key market trends, market size and forecast
4.5.2. Key growth factors and opportunities
4.6. OTHERS (BLIND SPOT DETECTION & NIGHT VISION)
4.6.1. Key market trends, market size and forecast
4.6.2. Key growth factors and opportunities

Chapter: 5 COLLISION AVOIDANCE SYSTEM MARKET, BY TECHNOLOGY
5.1. OVERVIEW
5.2. LIDAR
5.2.1. Key market trends, market size and forecast
5.2.2. Key growth factors and opportunities
5.3. RADAR
5.3.1. Key market trends, market size and forecast
5.3.2. Key growth factors and opportunities

5.4. ULTRASONIC
5.4.1. Key market trends, market size and forecast
5.4.2. Key growth factors and opportunities

5.5. CAMERA
5.5.1. Key market trends, market size and forecast
5.5.2. Key growth factors and opportunities

Chapter: 6 COLLISION AVOIDANCE SYSTEM MARKET, BY APPLICATION
6.1. OVERVIEW
6.2. AUTOMOTIVE
6.2.1. Key market trends, market size and forecast
6.2.2. Key growth factors and opportunities

6.3. AEROSPACE & DEFENSE
6.3.1. Key market trends, market size and forecast
6.3.2. Key growth factors and opportunities

6.4. MARINE
6.4.1. Key market trends, market size and forecast
6.4.2. Key growth factors and opportunities

6.5. RAIL
6.5.1. Key market trends, market size and forecast
6.5.2. Key growth factors and opportunities

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