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Collision Mitigation System Market Trends – PMR Report

Collision Mitigation System Market Trends – PMR Report

Collision Mitigation System Market: Introduction

Collision mitigation system (CMS) is specially designed for automobiles to prevent and mitigate rear-end crashes. System used accurate data analysis algorithms which combine the input from radar and image sensors to offer enhanced safety. The system consists of camera, vision control module and electronically scanning radar, and mounted on bonnet of an automobile. Collision mitigation system has specially designed to warn driver with audible and visual alarm, if system estimates high risk of collision when equipped vehicle approaches an obstacles such as pedestrian and another vehicle among others. If drivers fails to react over the warning, the system automatically applies the brake to ensure safety.

According to the study conducted by the National Transportation Safety Board (NTSB) of the U.S., more than 1.7 million rear-end crashes occurred in U.S. and resulted in 1,705 fatalities and 500,000 injuries in 2012. In 2012, number of rear-end crashes has been increased by 6.8% in U.S as compared to the same in 2011. In each of the investigated rear-end collision by NTSB, it has been found that drivers of the striking vehicles were not able to detect the slowed or stopped traffic and stop their vehicle in time. Driver failure to control vehicle in such critical situations could have prevented with installation of collision mitigation system in vehicle. Collision mitigation system uses data inputs from its vision and radar sensors to offer full automatic braking when it predicts high risk of collision. CMS comes along with variety of functions such as full speed range adaptive control, forward collision control, lane departure warning, headway alert and autonomous breaking system, which enable drivers to avoid collision.

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Collision Mitigation System Market: Market Dynamics

Transportation is an indispensable need of a community and transportation industry is expected to grow linear with growth in population. Health conscious consumers and emerging government regulations over road safety are driving demand for safe and technologically sound vehicles. It would be a key driver to promote adoption of collision mitigation systems. Automobile manufacturer are continuously adopting latest technology in order to cater the growing demand of smarter, faster, comfortable and safe vehicles, which would augment the demand of collision mitigation system. Additionally, growing traffic congestion in China and India is expected to drive adoption of collision mitigation system at steady rate. However sustainability of the global collision mitigation system market is majorly depends on further innovation and product development.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Global Collision Mitigation System Market
Collision mitigation system (CMS) is specially designed for automobiles to prevent and mitigate rear-end crashes. System used accurate data analysis algorithms which combine the input from radar and image sensors to offer enhanced safety. The system consists of camera, vision control module and electronically scanning radar, and mounted on bonnet of an automobile. Collision mitigation system has specially designed to warn driver with audible and visual alarm, if system estimates