Collision Avoidance System Market is expected to reach XX Billion by 2026 from XX Billion in 2018 at CAGR of 9.02% (Detailed analysis of the market CAGR is provided in the report).




Collision Avoidance System Market




Global Collision Avoidance System Market is segmented by type, technology, application, and geography. The Collision Avoidance System Market by type is segmented by Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Lane Departure Warning System (LDWS), Parking Assistance and Others (Blind Spot Detection & Night Vision). The Collision Avoidance System Market on the basis of technology includes LIDAR, RADAR, Ultrasonic and Camera. The applications covered in this report are Aerospace & Defense, Automotive, Marine, Rail. The Collision Avoidance System Market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.




Increase in automotive safety norms & electronic integration in automotive across developing Countries is trending the overall Collision Avoidance System Market. Automated braking systems and automatic cruise control system warns a driver to take control over a vehicle or regarding danger with the help of cameras and radar systems. However, high installation cost will restrain the Global Collision Avoidance System Market growth. Collision avoidance setup enables the reduction in the number of road accidents and mitigates the effect of such accidents on vehicle occupants and pedestrians. The rise in awareness among consumers, updated ratings of safety agencies, and extensive R&D by industry players have fueled the anti-collision systems market growth.




In terms of type, Adaptive cruise control (ACC) sector accounted for the substantial market share of Global Collision Avoidance System Market and is expected to lead the overall market in the upcoming years. Vehicles equipped with parking assistance make use of an array of ultrasound and vision-based anti-collision systems. Blind spot detection and lane departure warning setup that uses cameras and radar have gained prominence over the past few.




In terms of technology, Ultrasonic technology enables obstacle detection at short distances; they are inexpensive and are predominantly used in parking assistance. LiDAR-based anti-collision systems offer wide-view field and detailed imagery but are highly expensive and bulky for mass automobile production. Radar and camera-based collision avoidance systems are estimated to gain significant market shares over the next few years.




In terms of region, Asia Pacific accounts for the substantial market share of Collision Avoidance System and is expected to lead the overall market in the upcoming years. The reason behind the overall market growth could be rise in traffic in countries like China and India and growing awareness among government authorities and customers regarding safety.




Some of the key players in the collision avoidance system are TRW Automotive, Continental, Robert Bosch, Delphi Automotive, AWTI, Toyota, Ford Motor, Subaru of America, GENTEX, Renault, and Preco Electronics.




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Scope of the Global Collision Avoidance System Market




Collision Avoidance System Market, By Type:




Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Lane Departure Warning System (LDWS)
Parking Assistance
Others (Blind Spot Detection & Night Vision)

Collision Avoidance System Market, By Technology:




LIDAR
RADAR
Ultrasonic
Camera

Collision Avoidance System Market, By Application:




Aerospace & Defense
Automotive
Marine
Rail

Collision Avoidance System Market, By Geography




North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Key Players in the Global Collision Avoidance System Market:




Alstom SA
Delphi Automotive LLP
Robert Bosch GMBH
Rockwell Collins, Inc
General Electric Company
Honeywell International Inc
Denso Corporation
Wabtec Corporation
Siemens AG
Autoliv, Inc




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