The global collision avoidance sensors market is anticipated to grow at a considerable CAGR of 11.5% during the forecast period. A collision avoidance technology is a safety system designed to warn, alert, or assist drivers to avoid imminent collisions and reduce the risk of incidents. CAS uses variety of technologies and sensors, such as radar, lasers, cameras, GPS, and artificial intelligence (AI) for avoiding collisions and mitigating risk. The growing demand for safety features among sport utility vehicles, luxury vehicles, and passenger vehicles is driving the growth of the market.
Browse the full report description of “Collision Avoidance Sensors Market Size, Share & Trends Analysis Report by Technology (Radar, Camera, Ultrasound, and LiDAR), by Application (Adaptive Cruise Control (ACC), Blind Spot Detection (BSD), Forward Collision Warning System (FCWS), Lane Departure Warning System (LDWS), Parking Assistance, and Others), and by End-Use Industry (Automotive, Rail, Marine, Aerospace & Defence, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/collision-avoidance-sensors-market
Additionally, the growing collaborations among private and public entities to adopt CAS coupled with the growing launch of a new and innovative solution by the market players are some other factors anticipated to propel the market growth. For instance, in December 2020, The European Commission (EC) selected the EUDAAS (European Detect and Avoid System) consortium, with Saab as the key partner, to develop, detect, and avoid capability for large military remotely-piloted aircraft systems (RPAS) within the European Defense Industrial Development Programme. Moreover, the EUDAAS programme will develop and validate a 100% European Detect And Avoid (DAA) solution for the safe insertion of large military Remotely-Piloted Aircraft Systems (RPAS) in European air traffic. The DAA system provides the remote pilot to “see and avoid”, including a fully automatic collision avoidance function that will initiate maneuvers to avoid collision with other aircraft.
Furthermore, in March 2022, Hexagon Mining introduced an improved version of its collision avoidance system, Version 10 of the HxGN Mine Protect Collision Avoidance System known simply as CAS 10 consolidates powerful technology into two hardware components: an intelligent antenna and a five-inch LCD. The smart antenna integrates GPS, RF, Wi-Fi, LTE, and ultra-wide band time of flight technology. The in-cabin, touch-screen display features modern UI/UX consistent with Hexagon’s other on-board solutions. This creates a better driving experience, reduced deployment and training time, reduced supply chain complexity, and increased operator adoption.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Technology
o By Application
o By End-Use Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Robert Bosch GmbH, DENSO Corp, Aptiv Global Operations Ltd., Autoliv Inc., General Electric Company, Raytheon Technologies Corp. and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Collision Avoidance Sensors Market Report Segment
By Technology
By Application
By End-Use Industry
Global Collision Avoidance Sensors Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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