Press release
Collision Avoidance Sensors Market Sluggish Growth Rate Foreseen by 2022-2028
The global collision avoidance sensors market is anticipated to grow at a considerable CAGR of 11.5% during the forecast period. A collision avoidance technology is a safety system designed to warn, alert, or assist drivers to avoid imminent collisions and reduce the risk of incidents. CAS uses variety of technologies and sensors, such as radar, lasers, cameras, GPS, and artificial intelligence (AI) for avoiding collisions and mitigating risk. The growing demand for safety features among sport utility vehicles, luxury vehicles, and passenger vehicles is driving the growth of the market.To Request a Sample of our Report on Collision Avoidance Sensors Market: https://www.omrglobal.com/request-sample/collision-avoidance-sensors-market
Additionally, the growing collaborations among private and public entities to adopt CAS coupled with the growing launch of a new and innovative solution by the market players are some other factors anticipated to propel the market growth. For instance, in December 2020, The European Commission (EC) selected the EUDAAS (European Detect and Avoid System) consortium, with Saab as the key partner, to develop, detect, and avoid capability for large military remotely-piloted aircraft systems (RPAS) within the European Defense Industrial Development Programme. Moreover, the EUDAAS programme will develop and validate a 100% European Detect And Avoid (DAA) solution for the safe insertion of large military Remotely-Piloted Aircraft Systems (RPAS) in European air traffic. The DAA system provides the remote pilot to "see and avoid", including a fully automatic collision avoidance function that will initiate maneuvers to avoid collision with other aircraft.
Furthermore, in March 2022, Hexagon Mining introduced an improved version of its collision avoidance system, Version 10 of the HxGN Mine Protect Collision Avoidance System known simply as CAS 10 consolidates powerful technology into two hardware components: an intelligent antenna and a five-inch LCD. The smart antenna integrates GPS, RF, Wi-Fi, LTE, and ultra-wide band time of flight technology. The in-cabin, touch-screen display features modern UI/UX consistent with Hexagon's other on-board solutions. This creates a better driving experience, reduced deployment and training time, reduced supply chain complexity, and increased operator adoption.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Technology
By Application
By End-Use Industry
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Robert Bosch GmbH, DENSO Corp, Aptiv Global Operations Ltd., Autoliv Inc., General Electric Company, Raytheon Technologies Corp. and others.
A full Report of Collision Avoidance Sensors Market is Available @ https://www.omrglobal.com/industry-reports/collision-avoidance-sensors-market
Collision Avoidance Sensors Market Report Segment
By Technology
Radar
Camera
Ultrasound
LiDAR
By Application
Collision Avoidance Sensors by Application
Adaptive Cruise Control (ACC)
Blind Spot Detection (BSD)
Forward Collision Warning System (FCWS)
Lane Departure Warning System (LDWS)
Parking Assistance
Others
By End-Use Industry
Automotive
Rail
Marine
Aerospace & Defense
Others
Collision Avoidance Sensors Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Robert Bosch GmbH
DENSO Corp
Aptiv Global Operations Ltd.
Autoliv Inc.
General Electric Co.
Raytheon Technologies Corp.
Honeywell International Inc.
ALSTOM Holdings
Siemens AG
Mobileye Vision Technologies Ltd.
L3Harris Technologies, Inc. (ACSS, LLC)
SAAB AB
Backer Mining System AG
Hexagon AB
Wabtec Corp.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/collision-avoidance-sensors-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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