Automotive Collision Avoidance System Market, by Device (Adaptive Cruise Control, Autonomous Emergency Braking, Blind Spot Detection, Driver Monitoring System, Electronic Stability Control, Lane Departure Warning, Night Vision, and Tire Pressure Monitoring System), by Technology (Radar, LiDAR, Camera, and Ultrasonic), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Collision avoidance system tracks the object of collision risk and accordingly prompts or initiates evasive action to avoid collision. Increasing installation of sensors in automotive vehicles such as ultrasonic sensors and infrared sensors and rising installation of autonomous emergency braking system to reduce collision and electronic stability control system to reduce danger of skidding and losing control are some of the major factors that drives growth of the automotive collision avoidance system market.
Market Dynamics
Increasing government regulations to enhance vehicle safety plays a major role in driving growth of the automotive collision avoidance system market. For instance, in 2021, the Ministry of Road Transport & Highways in India made it mandatory for the OEMs to install anti-locking brake system in heavy vehicles. Similarly, in 2014, the European Transport Safety Council announced that it is mandatory for OEMs to install anti-lock braking systems, electronic stability control, and seat-belt reminders in new vehicles. Moreover, increasing number of road accidents have increased the demand for collision avoidance system, globally. For instance, according to the Ministry of Road Transport & Highways, India, in 2021, around 149,000 people died due to road accidents. Similarly, according to NHTSA data, in 2017, 37,133 lives were lost in the U.S. due to road accidents.
Key features of the study:
This report provides in-depth analysis of automotive collision avoidance system market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global automotive collision avoidance system market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
Key companies covered as a part of this study include Alstom SA, Autoliv, Inc., Denso Corporation, General Electric Company, Hexagon AB, Honeywell International, Inc., Robert Bosch GmbH, Rockwell Collins, Inc., Siemens AG, and Wabtec Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global automotive collision avoidance system market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the automotive collision avoidance system market
Detailed Segmentation:
Global Automotive Collision Avoidance System Market, By Device
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Blind Spot Detection (BSD)
Driver Monitoring System (DMS)
Electronic Stability Control (ESC)
Lane Departure Warning (LDW)
Night Vision (NV)
Tire Pressure Monitoring System (TPMS)
Global Automotive Collision Avoidance System Market, By Technology:
Radar
LiDAR
Camera
Ultrasonic
Global Automotive Collision Avoidance System Market, By Region:
North America
By Device
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Blind Spot Detection (BSD)
Driver Monitoring System (DMS)
Electronic Stability Control (ESC)
Lane Departure Warning (LDW)
Night Vision (NV)
Tire Pressure Monitoring System (TPMS)
By Technology
Radar
LiDAR
Camera
Ultrasonic
By Country
U.S.
Canada
Europe
By Device
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Blind Spot Detection (BSD)
Driver Monitoring System (DMS)
Electronic Stability Control (ESC)
Lane Departure Warning (LDW)
Night Vision (NV)
Tire Pressure Monitoring System (TPMS)
By Technology
Radar
LiDAR
Camera
Ultrasonic
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Device
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Blind Spot Detection (BSD)
Driver Monitoring System (DMS)
Electronic Stability Control (ESC)
Lane Departure Warning (LDW)
Night Vision (NV)
Tire Pressure Monitoring System (TPMS)
By Technology
Radar
LiDAR
Camera
Ultrasonic
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Device
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Blind Spot Detection (BSD)
Driver Monitoring System (DMS)
Electronic Stability Control (ESC)
Lane Departure Warning (LDW)
Night Vision (NV)
Tire Pressure Monitoring System (TPMS)
By Technology
Radar
LiDAR
Camera
Ultrasonic
By Country
Brazil
Mexico
Rest of Latin America
Africa
By Device
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Blind Spot Detection (BSD)
Driver Monitoring System (DMS)
Electronic Stability Control (ESC)
Lane Departure Warning (LDW)
Night Vision (NV)
Tire Pressure Monitoring System (TPMS)
By Technology
Radar
LiDAR
Camera
Ultrasonic
By Country/Region
North Africa
Central Africa
South Africa
Middle East
By Device
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Blind Spot Detection (BSD)
Driver Monitoring System (DMS)
Electronic Stability Control (ESC)
Lane Departure Warning (LDW)
Night Vision (NV)
Tire Pressure Monitoring System (TPMS)
By Technology
Radar
LiDAR
Camera
Ultrasonic
By Country
GCC
Israel
Rest of Middle East
Company Profiles
Alstom SA
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Autoliv, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Denso Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
General Electric Company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Hexagon AB
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Honeywell International, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Robert Bosch GmbH
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Rockwell Collins, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Siemens AG
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Wabtec Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Section
References
Research Methodology
About us and Sales Contact
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