Press release
Collision Avoidance Sensor Market Outlook 2026: Technological Advancement, Business Trends, Industry Insights & Opportunity Evaluation 2019-2026 – Robert Bosch GmbH (Germany), Rockwell Collins, Inc. (U.S.)
Collision Avoidance Sensor MarketThe 'Straits Research' report focuses on target groups of customers to help players effectively market their products and achieve strong sales in the Global Collision Avoidance Sensor Market. It segregates useful and relevant market information as per the business needs of players. Readers are provided with validated and revalidated market forecast figures such as CAGR, Heavy Load Moving Skates market revenue, production, consumption, and market share.
A collision avoidance sensor system detects objects or obstacles in the path of a moving vehicle so the automated system or human operator can avoid collision with the object. Increasing applications of collision avoidance sensors in automobile, construction, and mining sectors drive the growth of the global collision avoidance sensor market.
The sales of sports utility vehicles (SUVs), utility vehicles, and high-end luxury vehicles is increasing around the world. According to JATO, over 86 million cars were sold in 2017 wherein growth is driven by SUVs, with 27.85 million new SUVs sold globally. The increasing sale of vehicles is expected to be a key growth driver for the global collision avoidance sensor market.
The development of fully-automated self-governing vehicles is expected to fuel the growth of the global collision avoidance sensor market. Innovation and advancements in sensor technology and their implementation in autonomous transportation systems are also expected to positively impact market growth. Autonomous vehicles need sophisticated technologies for driverless operations, in turn is compelling the automotive industry to invest in new fields. For instance, in 2018, Intel bought Mobileye for USD 15.3 billion to expand its collision avoidance sensor business and collaborated with BMW to use these sensors into 40 BMW self-driving test vehicles.
Stringent regulations targeting driver and passenger safety, increasing demand for vehicle safety, and increasing investments from automotive companies drive the growth of the global collision avoidance sensor market. However, the high cost and limited production of collision avoidance sensors may hinder market growth. Extensive research and development by industry leaders and acceptance of self-driving vehicles by consumers are expected to create a growth opportunity for the market.
Parking assistance systems are a combination of vision-based and ultrasound anti-collision sensors. Lane Departure Warning Systems (LDWSs) have been gaining popularity in recent years due to declining prices of RADAR and camera systems. Adaptive Cruise Control (ACC) uses RADAR to automatically adjust the vehicle’s speed as per the intensity of traffic.
North America holds the largest share in the global collision avoidance sensor market, followed by Europe. The implementation of stringent regulations by governments and increasing awareness regarding safety are fueling market growth in the region. The early adaptation of autonomous vehicle technology in North America is driving the demand for collision avoidance sensors. For instance, according to the Autonomous Vehicle Pilots Across America, in 2018, over 50% of U.S. cities were prepared to develop roads for self-driving vehicles.
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The Major ProParking assistance systems are a combination of vision-based and ultrasound anti-collision sensors. Lane Departure Warning Systems (LDWSs) have been gaining popularity in recent years due to declining prices of RADAR and camera systems. Adaptive Cruise Control (ACC) uses RADAR to automatically adjust the vehicle’s speed as per the intensity of traffic.minent Players Covered in this Report:
Robert Bosch GmbH (Germany), Rockwell Collins, Inc. (U.S.), L3 Technologies (U.S.), Saab AB (Sweden), General Electric (U.S.), Delphi Automotive Plc. (U.K.), Denso Corporation (Japan), Mobileye (Israel), Autoliv, Inc. (Sweden), Becker Mining (Germany), Hexagon (Sweden), Wabtec Corporation (U.S.), Honeywell International, Inc. (U.S.), Alstom (France), and Siemens AG (Germany). & More.
NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
By Type
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Lane Departure Warning System (LDWS)
Parking assistance
Other
By Technology
LiDAR
Camera
RADAR
Ultrasonic
By Application
Automotive
Defence & Aerospace
Construction and mining
Marine
Rail
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2026, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
View this report with a detailed description and TOC @
https://straitsresearch.com/report/collision-avoidance-sensor-market/toc
Key Collision Avoidance Sensor Market Trends:
- The report identifies, determines, and forecasts the Global Collision Avoidance Sensor Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Collision Avoidance Sensor Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Collision Avoidance Sensor Market.
Key Questions Answered in The Report:
What will the Collision Avoidance Sensor market growth rate?
What are the key factors driving the global Collision Avoidance Sensor market?
Who are the key manufacturers in the Collision Avoidance Sensor market space?
What are the market opportunities, market risk, and market overview of the Collision Avoidance Sensor market?
What are sales, revenue, and price analysis of top manufacturers of the Collision Avoidance Sensor market?
Who are the distributors, traders, and dealers of the Collision Avoidance Sensor market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Collision Avoidance Sensor Industry?
What are sales, revenue, and price analysis by regions of Collision Avoidance Sensor industry?
What are the driving factors contributing to market growth during the short, medium, and long term?
Why Buy This Report?
The report on the collision avoidance sensor market covers insights focusing on recent developments across different regions and key market players’ development strategies. The following sections are specifically covered in the report.
Definitive Market Data
Smart Building Market Analysis
Technological Insight
Competitor Analysis
Recent Opportunities in the Market
Pipeline Analysis
Patent Analysis
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