+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Collision Avoidance System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023

Pre Book Price: $ 5216

Original Price: $ 5795

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.

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
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


To receive discount, please click on the button below.

Please click on the button below to customize this report.

 
 
Back To Top