Press release
Collision Sensors Market 2021 Size, Status and Global Outlook - Continental AG, NXP Semiconductors N.V., Delphi Automotive LLP, Infineon Technologies AG
The Collision Sensors Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The collision sensors market was valued at USD 6.23 billion in 2020, at a CAGR of 22.7% over the forecast period 2021 - 2026.
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Top Leading Companies of Collision Sensors Market are Continental AG, NXP Semiconductors N.V., Delphi Automotive LLP, Infineon Technologies AG, Murata Manufacturing Co., Ltd., Denso Corporation, Robert Bosch GmbH, ZF Friedrichshafen AG, Texas Instruments Incorporated, Aisin Seiki Co., Ltd., Autoliv Inc., Analog Devices, Inc., General Electric Company, Rockwell Collins Inc. and others.
Industry News and Updates
November 2019 - Continental and Pyrolyx entered into a joint development commitment aimed to lay the foundation for using recovered carbon black (rCB) in various tire segments during tire production.
Key Market Trends
Growing Use of Radar Technology to Continue Dominating the Market
- The radar technology contains the highest market share in the collision sensors market, and it is supposed to command the market during the forecast period. The radar sensors technology is the most usable sensor technology in the collision avoidance system. The broad range, great precision and the exactness of radar sensors are encouraging its growth in numerous collision avoidance systems.
- The trending autonomous cars and the Unmanned Aerial Vehicles (UAVs) technologies led to the extraordinary adoption of radar and the sensors in their systems that connected to the growing requirement of these collision sensors globally.
- Moreover, innovations and the progressions in the automotive industries are anticipated to contribute substantial growth possibilities in the adoption of radar sensors technology which in turn is supposed to encourage the collision sensors market growth.
Regional Outlook of Collision Sensors Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Collision Sensors Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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