Collision Avoidance Systems are designed to reduce the accidents and crashes between two vehicles and these systems are equipped with technologies such as LiDAR, RADAR, ultrasonic, and camera, watch the surroundings of the vehicle constantly and assist the driver by crash warning or by avoiding a collision. The Global Collision Avoidance System Market was 39.54 Billion USD in 2018 and is estimated to reach 63.91 Billion USD by 2025 at a CAGR of 7.10% during the forecast period
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Delphi Automotive LLP
Robert Bosch GmbH
General Electric Company
Rockwell Collins, Inc.
Honeywell International, Inc.
Becker Mining Systems AG
Aviation Communication & Surveillance Systems, LLC
Segmentation by application
Adaptive Cruise Control (ACC)
Blind Spot Detection (BSD)
Forward Collision Warning System (FCWS)
Lane Departure Warning System (LDWS)
Segmentation by product type
Growth by Region
North America region is expected to dominate the Global Collision Avoidance System Market followed by Europe, Asia-Pacific.
Drivers vs. Constraints
Increasing demand for automated vehicles, improved visibility & enhanced safety, increase in automotive safety norms and electronic integration in automotive are the reasons for the growth of the Global Collision Avoidance Market. The high installation cost is the reason which restricts this market growth.
Industry Structure and Updates
In April 2018, a key vendor Continental AG is working on an automatic system to warn the driver the risk of aquaplaning.
Table of Content
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Collision Avoidance System Market Segmentation, Forecasts and Trends – by Device
6. Global Collision Avoidance System Market Segmentation, Forecasts and Trends – by Technology
7. Global Collision Avoidance System Market Segmentation, Forecasts and Trends – by Application
8. Global Collision Avoidance System Market Segmentation, Forecasts and Trends – by Region
9. Competitive Intelligence
10. Company Profiles
11. Investment Opportunities
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