Press release
Collision Avoidance Sensor Market: Investment Ideas by Robert Bosch GmbH, Autoliv Inc., Delphi Automotive, Saab AB, Panasonic, Denso Corp, Siemens, General Electric, Honeywell
Collision Avoidance Sensor Market
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Collision avoidance sensors are safety systems, which are designed to detect obstacles in the path and reduce the risks of accidents. These systems are based on the principle of SONAR used in submarines and ships. They are extensively used in cars, aircrafts, and other automotive vehicles.
Increased incorporation of collision avoidance sensors in self-driving cars & supersonic jets and rise in demand for these systems in niche applications fuel the growth of the market. Collaborations and mergers of automotive and defense industries have resulted in innovation of new products, which can be integrated with collision avoidance sensors.
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The demand for collision avoidance sensors is expected to rise globally in the next four to five years, owing to various factors such as government initiatives towards safety of people, increase in investment from automotive companies, and increase in awareness for safety. However, limited production restrains the growth of the market. Stringent regulations for driver safety are expected to provide new opportunities for the market.
Market Segmentation:
The collision avoidance sensor market is segmented based on technology, industry vertical, and geography.
On the basis of technology, the market is categorized into radar, LiDAR, imaging, ultrasound, and others. By industry vertical, it is classified into marine, aerospace & defense, automotive, and others. Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
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Key Benefits
o The study provides an in-depth analysis of the global collision avoidance system market to elucidate the prominent investment pockets from 2016 to 2023.
o Current trends and future estimations are outlined to determine the overall market scenario.
o The report provides information about the key drivers, restraints, and opportunities with a detailed impact analysis.
Collision Avoidance Sensor Market Key Segments
By Technology
o Radar
o LiDAR
o Imaging
o Ultrasound
o Others
By Industry Vertical
o Marine
o Aerospace & Defense
o Automotive
o Others
By Geography
o North America
o U.S.
o Canada
o Mexico
o Europe
o UK
o Germany
o France
o Rest of Europe
o Asia-Pacific
o Japan
o China
o South Korea
o India
o Rest of Asia-Pacific
o LAMEA
o Latin America
o Middle East
o Europe
Key Players
o Robert Bosch GmbH
o Autoliv Inc.
o Delphi Automotive LLP
o Saab AB
o Panasonic Corporation
o DENSO CORPORATION
o Siemens AG
o GENERAL ELECTRIC
o Honeywell International Inc.
o ALSTOM
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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. 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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