Market Analysis: Global Collision Avoidance Sensors Market

Global collision avoidance sensors market is set to witness a healthy CAGR of 21.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption from luxury automobile manufacturers and increasing sale of luxury vehicles are the factor for the growth of this market.

Market Definition: Global Collision Avoidance Sensors Market

Collision avoidance sensors are electronic safety equipment which is specially designed so that that it can reduce the chances of collisions. They use different technology such as LiDAR, GPS RF detection, radar, camera and others so that they can detect any crash. They gives warning to the driver whenever any collision is detected by the system and if no action is taken by the driver; they automatically take necessary action so that it can be avoided. They are widely used in applications such as blind spot detection, forward collision warning system, parking assistance, adaptive cruise control and others.

Market Drivers:

Increasing awareness about vehicle security will drive the market growth
Rising sales of luxury vehicles will also propel growth of this market
Technological advancement and development in sensors will also drive the market growth
Increasing adoption of these sensors in military and defense sectors will also accelerate the market growth

Market Restraints

High price of the technology will restrain the market growth
Less usage of these sensors in low priced car; is also restricting the growth of this market

Get Sample Analysis of Global Market Information: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-collision-avoidance-sensors-market

Segmentation: Global Collision Avoidance Sensors Market

By Technology

Radar
Camera
Ultrasound
LiDAR
LED Sensors
GPS RF Detection
Millimeter Wavelength Radar

By Application

Adaptive Cruise Control
Blind Spot Detection
Forward Collision Warning System
Lane Departure Warning System
Parking Assistance
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa

Get TOC of Full Report: https://www.databridgemarketresearch.com/toc/?dbmr=global-collision-avoidance-sensors-market

Key Developments in the Market:

In January 2019, Nanotron Technologies GmbH and Selectronic announced the launch of their new collision avoidance solution PDS2400. This new solution has the ability to provide the collision awareness between fast vehicles, and vehicles & people. The main aim of the launch is to provide powerful and best collision avoidance system to the customers
In November 2016, Aerotenna announced the launch of their two new products µSharp and OcPoC. µSharp is collision avoidance radar which is specially designed for the UAV and OcPoC is SoC Flight Controller for time sensor integration. The main aim of the launch is to provide UAV manufacturer with better safety and sensor flexibility at a cost- effective range

Competitive Analysis

Global collision avoidance sensors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of collision avoidance sensors market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global collision avoidance sensors market are Continental AG, Delphi Technologies, NXP Semiconductors, Infineon Technologies AG, Sixth Sensor Technology Pvt Ltd, InnoSenT – Innovative Radar Sensor Technology, DENSO CORPORATION, Mobileye, Symeo GmbH, Cross Company, Robert Bosch GmbH., Panasonic Corporation, ANAND Group, Texas Instruments Incorporated., Q-Track, Autoliv Inc, Becker Mining, Wabtec Corporation, Saab AB, Honeywell International Inc. and others.