Press release
Collision Avoidance System Market Analysis, Size, Current Scenario and Future Prospects
The global collision avoidance system market is anticipated to grow at a considerable CAGR of around 7.5% during the forecast years. The collision avoidance system is used in various transport modes including cars, trucks, trains, planes, ships, and trains, to avoid collision by indicating the operator or automatically taking a decision in case of emergency. There are various types of collision avoidance systems including Airborne Collision Avoidance Systems (ACAS) for airplanes, Train Collision Avoidance System (TCAS) for better safety in rail routes, Ground Proximity Warning System (GPWS), and Obstacle Avoidance System for road transport.The key factor for the growth of the global collision avoidance system market is increasing awareness of safety among people and increasing road accidents globally. According to World Health Org. (WHO), it has been reported that around 1.3 million people die every year due to road accidents, due to which people are more inclined towards the safety features in their vehicles. In addition, government has also imposed major guidelines for the manufacturer regarding addition of safety features in the passenger vehicles. Following the government guidelines, the demand for safety including collision avoidance systems such as pedestrian detection systems, adaptive cruise control, lane change warning system, and others is increased.
In addition, as reported in Economic Times Auto, according to a survey 3 out 4 respondents preferred 5-star safety-rated vehicles for their future purchase. The other reason for the growth of the market is the increased air traffic, increasing the demand for airborne collision avoidance systems (ACAS). These ACASs are used in Aeroplanes to track the other planes in the air and warn the pilots about the nearby planes to avoid the collision. Resulting in the growth of the global collision avoidance system market.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Technology
By Functionality
By End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Aptiv Global Operations Ltd., Autoliv Inc., Continental AG, Mobileye, Robert Bosch GmbH, and others.
Collision Avoidance System Market Report by Segment
By Technology
Radar
Camera
Ultrasound
LiDAR
By Functionality
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB) System
Parking Assistant
Lane Departure Warning System
Others
By End-User
Automotive
Marine
Aerospace and Defense
Railways
A full Report of Collision Avoidance System Market is Available @ https://www.omrglobal.com/industry-reports/collision-avoidance-system-market
Collision Avoidance System 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
LILEE System, Ltd.
Ride Vision Ltd.
DENSO Corp.
General Electric Co.
Rockwell Automation, Inc.
Honeywell International Inc.
Siemens AG
ALSTOM SA
Wabtec Corp.
ZF Friedrichshafen AG
Knorr-Bremse AG
Hella GmbH & Co. KGaA
Becker Mining Systems AG
Hexagon AB
Aviation Communication & Surveillance Systems, LLC
Saab AB
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-system-market
https://www.somosxbox.com.mx/noticias-urgente/el-mercado-de-motores-diesel-sera-testigo-de-una-solida-expansion-para-2029/108129/
https://perualdia.net/comercio-de-energia-y-gestion-de-riesgos-etrm-mercado-2023-factores-impulsores-pronostico-investigacion-2029/
https://ekz-crosstour.ch/news/fpd-fotomasken-marktausblick-2029-praesentiert-markteinblicke-und-detaillierte-analysen/115725/
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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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