Collision Avoidance System Market
Global Collision Avoidance System Market Size, Share & Trend Analysis Report by Technology (Radar, Camera, Ultrasound, and LiDAR), by Functionality (Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Parking Assistant, Lane Departure Warning System, and Others), by End-user (Automotive, Marine, Aerospace and Defense, and Railways), Forecast (2022-2028) Update Available - Forecast 2024-2030
The global collision avoidance system market is expected to grow at a considerable CAGR of around 7.5% during the forecast years. The collision avoidance system is the industrial autonomous system that is useful in avoiding any collision by notifying the operator or automatically taking a decision on itself. These systems are installed in various items including automobiles, planes, trains, ships, and other vehicles to avoid impact. There are several collision avoidance systems in the market such as airborne collision avoidance systems (ACAS), train collision avoidance market (TCAS), ground proximity warning systems (GPWS), and obstacle avoidance systems. The major key factor driving the growth of the global collision avoidance market is expected to be the technological advancement in the industry and the increasing number of road travellers and vehicle safety concerns. For instance, In November 2020, Ride Vision launched a two-wheeler collision avoidance system. This system is an AI-Based safety alert system, it uses image recognition and other AI-based algorithms to indicate the correct vehicle position and memorize the rider behaviour.
Impact of COVID-19 on Global Collision Avoidance System Market
COVID-19 has impacted the global economy due to a slowdown in the manufacturing of various industries. Due to curfew and lockdown globally, the manufacturing facilities are shut for a longer duration impacted. Moreover, the decreased sales in the automobile industry also impacted the demand for collision avoidance systems due to decreased manufacturing of road vehicles.
Segmental Outlook
The global collision avoidance system market is segmented based on technology, functionality, and end-user. Based on technology, the market is sub-segmented into radar, camera, ultrasound, and lidar. Based on functionality, the market is sub-segmented into adaptive cruise control, autonomous emergency braking, parking assistant, lane departure warning system, and others. Based on end-user, the market is sub-segmented into automotive, marine, aerospace and defense, and railway. Among these, the adaptive cruise control functional segment is expected to hold prominent shares in the global collision avoidance system market.
Global Collision Avoidance System Market by End-User, 2021(%)
The Automotive Segment is Anticipated to Hold a Prominent Share in the Global Collision Avoidance System market.
The automotive segment is expected to hold a prominent number of shares in the global collision avoidance system market due to increasing awareness of road safety among users. Automobile buyer is inclining towards the safety measurement in their vehicles due to the increasing number of road accidents. According to World Health Org. (WHO), around 1.3 million people die every year as a result of road accidents. The other factor driving the growth of the automotive segment in the global collision avoidance system market is the govt. policies regarding safety systems in the newly manufactured vehicles as World Health Org.’s report says that road accidents cost most of the countries around 3% of their Gross Domestic Products. There have been new innovations in the collision avoidance system for making people safer on the roads. For instance, In January 2022, the research paper is published by Cornell University on the development and virtual testing of an adaptive cruise control collision avoidance system that can be connected to 5g technology.
Regional Outlooks
The global collision avoidance system market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The European regional collision avoidance system market is expected to hold prominent shares in the global collision avoidance system market due to the presence of several key players working on research and developments of collision avoidance systems. For instance, In October 2021, Continental AG started testing their new Wrong-Way Driver (WWD) technology in Auburn Hills, Michigan.
Global Collision Avoidance System Market Growth by Region, 2022-2028
The Asia-Pacific Region is Expected to Grow at a Significant CAGR among the Global Collision Avoidance System Market During Forecast Year.
The Asia-Pacific region is anticipated to grow at a significant CAGR during the forecast year due to emerging economies such as India. India is expected to see a growth in the number of automobile manufacturing facilities due to which collision avoidance systems can be expected to face the rising demands of the manufacturer. According to India Global Business (IGB), it has been reported that today, India has become the largest manufacturer of automobiles with the production of around 25.3 million vehicles.
Market Players Outlook
The major companies serving the global collision avoidance system market include Continental AG, Aptiv Global Operations Ltd., Robert Bosch GmbH, Autoliv Inc., Mobileye, and Many others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, fundings, and new product launches. For instance, In January 2019, the collaboration of Mobileye and Zeekr started developing on level 4 assistance for self-driving cars.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global collision avoidance system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on The Global Collision Avoidance System Market
• Recovery Scenario of Global Collision Avoidance System Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Aptiv Global Operations Ltd.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Autoliv Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Continental AG
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Mobileye
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Robert Bosch GmbH
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Collision Avoidance System Market by Technology
4.1.1. Radar
4.1.2. Camera
4.1.3. Ultrasound
4.1.4. LiDAR
4.2. Global Collision Avoidance System Market by Functionality
4.2.1. Adaptive Cruise Control (ACC)
4.2.2. Autonomous Emergency Braking (AEB)
4.2.3. Parking Assistant
4.2.4. Lane Departure Warning System
4.2.5. Other
4.3. Global Collision Avoidance System Market by End-user
4.3.1. Automotive
4.3.2. Marine
4.3.3. Aerospace and Defense
4.3.4. Railways
4.3.5. Others
5. Regional Analysis
5.1. North America
5.1.1. The US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. LILEE System, Ltd.
6.2. Ride Vision Ltd.
6.3. DENSO Corp.
6.4. General Electric Co.
6.5. Rockwell Automation, Inc.
6.6. Honeywell International Inc.
6.7. Siemens AG
6.8. ALSTOM SA
6.9. Wabtec Corp.
6.10. ZF Friedrichshafen AG
6.11. Knorr-Bremse AG
6.12. Hella GmbH & Co. KGaA
6.13. Becker Mining Systems AG
6.14. Hexagon AB
6.15. Aviation Communication & Surveillance Systems, LLC
6.16. Saab AB
1. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
2. GLOBAL RADAR IN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL CAMERA IN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL ULTRASOUND IN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL LIDAR IN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY FUNCTIONALITY, 2021-2028 ($ MILLION)
7. GLOBAL ACC COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL AEB COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL PARKING ASSISTANT COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL LANE DEPARTURE WARNING COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL OTHER COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
13. GLOBAL COLLISION AVOIDANCE SYSTEM IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL COLLISION AVOIDANCE SYSTEM IN MARINE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL COLLISION AVOIDANCE SYSTEM IN AEROSPACE AND DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL COLLISION AVOIDANCE SYSTEM IN RAILWAYS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL COLLISION AVOIDANCE SYSTEM IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
21. NORTH AMERICAN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY FUNCTIONALITY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY END USER ($ MILLION)
23. EUROPEAN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. EUROPEAN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
25. EUROPEAN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY FUNCTIONALITY, 2021-2028 ($ MILLION)
26. EUROPEAN COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY FUNCTIONALITY, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
31. REST OF THE WORLD COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. REST OF THE WORLD COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
33. REST OF THE WORLD COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY FUNCTIONALITY, 2021-2028 ($ MILLION)
34. REST OF THE WORLD COLLISION AVOIDANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY END USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL COLLISION AVOIDANCE SYSTEM MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL COLLISION AVOIDANCE SYSTEM MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL COLLISION AVOIDANCE SYSTEM MARKET, 2021-2028 (%)
4. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET SHARE BY TECHNOLOGY, 2021 VS 2028 (%)
5. GLOBAL RADAR IN COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL CAMERA IN COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL ULTRASOUND IN COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL LIDAR IN COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET SHARE BY FUNCTIONALITY, 2021 VS 2028 (%)
10. GLOBAL ACC COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL AEB COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL PARKING ASSISTANT COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL LANE DEPARTURE WARNING COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL OTHER COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET SHARE BY END USERS, 2021 VS 2028 (%)
16. GLOBAL COLLISION AVOIDANCE SYSTEM IN AUTOMOTIVE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL COLLISION AVOIDANCE SYSTEM IN MARINE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL COLLISION AVOIDANCE SYSTEM IN AEROSPACE AND DEFENSE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL COLLISION AVOIDANCE SYSTEM IN RAILWAY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL COLLISION AVOIDANCE SYSTEM IN OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL COLLISION AVOIDANCE SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. US COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
23. CANADA COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
24. UK COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
25. FRANCE COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
26. GERMANY COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
27. ITALY COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
28. SPAIN COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF EUROPE COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
30. INDIA COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
31. CHINA COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
32. JAPAN COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
33. SOUTH KOREA COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF ASIA-PACIFIC COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
35. REST OF THE WORLD COLLISION AVOIDANCE SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
