openPR Logo
Press release

Global Collision Avoidance System Market Analysis 2016 - Forecast To 2023

Market Research Report

Market Research Report

Researchmoz added Most up-to-date research on "Global Collision Avoidance System Market Analysis 2016 - Forecast To 2023" to its huge collection of research reports.

Collision avoidance systems are safety systems which are used for reducing severity of an accident. These systems are mostly implemented in automotive, construction and mining sectors among others. Collision avoidance system uses laser, camera, radars, LIDAR and sensors to detect a forthcoming crash and alerts the driver about an imminent collision. Sometimes, it automatically takes the action without input of the driver. Collision avoidance systems are incorporated within cars by major automobile manufacturers worldwide, such as Audi, BMW, Cadillac, Fiat, Hyundai, Mitsubishi, Nissan, Toyota, Volkswagen, Mercedes-Benz, Ford, Honda and General Motors among others.

Some of the key driving factors for the global collision avoidance system market is increasing awareness among consumers and original equipment manufacturers for vehicle safety. Moreover, rising government regulations coupled with development of advanced car assessment programs are set to augment the growth of the market for collision avoidance system during the forecast period.

In January 2015, the National Highway Traffic Safety Administration of the U.S. announced development of automated emergency braking system into its updated car assessment program in order to avoid or prevent severity of collisions. Moreover, increasing sales of luxury vehicles and sports utility are anticipated to drive the growth of collision avoidance system market. Different geographical drivers are also accountable for the growth of this market. Increasing automotive safety norms in emerging economies, such as Asia Pacific, Middle East and Africa is expected to create significant opportunity for the growth of this market in the future. However, cyclic nature of automotive production and sales is likely to hinder the growth of the market. Moreover, radar and LiDAR based collision avoidance systems are costly and low-priced car manufacturers often avoid addition of these systems into the vehicles, which in turn, is expected to restrain the market growth.

Global collision avoidance system market can be broadly classified on the basis of type, technology, application and geography. The market can be subdivided by type into adaptive cruise control, lane departure warning, blind spot detection, night vision, autonomous emergency braking, driver monitoring system and others. By technology, the market for collision avoidance system has been segmented into LiDAR, radar, ultrasonic and camera. The market can be bifurcated by application into automotive, airborne, construction, marine and rail. By geography, the global collision avoidance system market has been classified into North America, Europe, Asia Pacific and Rest of the World.

In the present scenario, the collision avoidance system market is dominated by Europe in terms of revenue, followed by North America and Asia-Pacific. The major factor responsible for potential development of this market in Europe is growing awareness for safety features within vehicles and immense advancement of automotive sector. However, Asia Pacific is likely to witness potential growth in the future, mainly due to increasing government regulations regarding installation of collision avoidance systems.

To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=1354549

Some of the top players in the market for collision avoidance system are Honeywell International, Inc. (U.S.), Robert Bosch GmbH (Germany), General Electric Company (U.S.), Siemens AG (Germany), Alstom SA (France), Rockwell Collins, Inc. (U.S.), Hexagon AB (Sweden), Becker Mining Systems AG (Germany), Wabtec Corporation (U.S.) and Denso Corporation (Japan) among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Middle East and Africa
Latin America

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

Browse More Details @ https://www.researchmoz.us/collision-avoidance-system-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2023-report.html

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

Mr. Nachiket
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Email: sales@researchmoz.us
Website @ http://www.researchmoz.us/
Tel: 866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-621-2074
Follow us on LinkedIn @ http://bit.ly/1TBmnVG

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Collision Avoidance System Market Analysis 2016 - Forecast To 2023 here

News-ID: 787737 • Views: 134

More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the