SAN FRANCISCO, August 16, 2018 /PRNewswire/ --
Global Collision Avoidance System Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Collision Avoidance System is a technology developed to decrease the chances of accidents occurring while on the road. It is also termed as collision mitigating system, precrash system, or forward collision warning system. Automated braking systems and automatic cruise control system warns driver to take control over vehicle or regarding danger with the help of cameras and radar systems.
Advances the comfort while driving, allows to set the distance limit range of the system, improves the fuel efficiency of the vehicles, and increases consumers and vehicle safety are documented as major factors of Collision Avoidance System Market that are estimated to enhance the growth in the years to come. However, high installation cost may restrain overall market growth in the coming years. Collision Avoidance System Market is segmented based on product type, functionality, application, and region.
LiDAR, radar, ultrasound, camera, and other product types could be explored in Collision Avoidance System in the forecast period. By functionality the overall market could be explored by Lane departure warning system (LDWS), Adaptive cruise control (ACC), Forward collision warning (FCW), Blind spot detection (BSD), and others in the forecast period. Adaptive cruise control (ACC) sector accounted for the substantial market share of Collision Avoidance System and is estimated to lead the overall market in the coming years. The market may be categorized based on mining, automotive, construction, aerospace, marine, railway, and others that could be explored in the forecast period.
Collision Avoidance System Market is segmented geographically into Americas (North America, South America, and Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Globally, Asia Pacific may account for the substantial market share of Collision Avoidance System and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be increasing traffic in countries like China and India and growing awareness among government authorities and customers regarding safety.
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The key players of Collision Avoidance System Market are TRW Automotive, Continental, Robert Bosch, Delphi Automotive, AWTI, Toyota, Ford Motor, Subaru of America, GENTEX, Renault, and Preco Electronics. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
This report studies the global Collision Avoidance System market status and forecast, categorizes the global Collision Avoidance System market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
The global Collision Avoidance System market is valued at xx million US$ in 2017 and is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx.x % between 2018 and 2025.
The major manufacturers covered in this report
- Continental AG
- Delphi Automotive
- Denso Corporation
- Analog Devices
- Murata Manufacturing
- Freescale Semiconductor
- Infineon Technologies
- Panasonic Corporation
- Robert Bosch GmbH
- TRW automotive
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America
- Europe
- China
- Japan
- India
- Southeast Asia
- Other regions (Central & South America, Middle East & Africa)
The regional scope of the study is as follows:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Singapore
- Rest of Asia-Pacific
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
- Central & South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Radar
- Camera
- Ultrasound
- LiDAR
By Application, the market can be split into
- Automotive
- Aerospace
- Railway
- Marine
- Construction
- Mining
- Others
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