Collision Avoidance Sensors Market Size, Share, Emerging Trends, Industry Growth, Key Players NXP Semiconductors (Netherlands), Delphi Automotive LLP (Ireland), Robert Bosch GmbH (Germany) Forecast 2025

Report Overview:

The Global Collision Avoidance Sensors Market is expected to grow from USD 3.8 billion in 2018 to USD ~15 billion by 2025, at a CAGR of ~22% during the forecast period. Safety in automotive industries and human-robot manufacturing environments is always on highest priority. Therefore, while designing and constructing the vehicle as well as equipment in industries, collision avoidance sensors are utilized to minimize the occurrence of accidents.

Adoption and integration of collision avoidance sensors in passenger and commercial vehicles are expected to result in a decrease in road accidents while providing increased protection to vehicle occupants. Stringent government policies and regulations relating to the installation of vehicle safety features are also anticipated to be an important growth driver for the market.

Key Players:

The key players in the collision avoidance sensors market are NXP Semiconductors (Netherlands), Delphi Automotive LLP (Ireland), Robert Bosch GmbH (Germany), DENSO CORPORATION (Japan), Continental AG (Germany), Infineon Technologies AG (Germany), Murata Manufacturing Co., Ltd. (Japan), Texas Instruments (US), Siemens AG (Germany, Rockwell Collins (US), and ALSTOM (France).

Other prominent players studied for the collision avoidance sensors market are GENERAL ELECTRIC (US), Honeywell International Inc. (US), Saab AB (Sweden), TRW Automotive (US), Becker Mining Systems AG (Germany), Panasonic Corporation (Japan), Sensata Technologies, Inc. (US), Takata Corporation (Japan), Wabtec Corporation (US), and Autoliv Inc. (Sweden), among others.

For More Information@ https://www.marketresearchfuture.com/reports/collision-avoidance-sensors-market-8167

Segmentation:

By Application:

  • Automotive
  • Aerospace
  • Railway
  • Marine
  • Construction & mining

Automotive Collision Avoidance System Market

  • By Device
  • By Technology
  • By Geography

Airborne Collision Avoidance System Market:

  • By Device
  • By Technology
  • By Geography

Train Collision Avoidance System Market

  • By Device
  • By Technology
  • By Geography

Marine Collision Avoidance System Market

·         By Device

·         By Technology

·         By Geography

Mining Collision Avoidance System Market

  • By Device
  • By Technology
  • By Geography

Technology Insights:

Multiple technology-based vehicle collision avoidance sensors, such as radar, camera, ultrasound, and LiDAR, offer active vehicle safety and pre-crash risk mitigation capabilities to vehicles. Radars are the most preferred choice in case of detection systems that require accurate measurement of location and distance of obstacles. Compared to radar, vision and infrared cameras have a narrower and shorter field of view but are more helpful for identification and classification of the obstacle.

Regional Analysis:

Europe dominates the collision avoidance sensors market owing to stringent government regulations to install advanced safety systems in vehicles and in manufacturing units. As per the European New Car Assessment Programme (NCAP), automobile manufacturers have to offer an emergency autonomous braking solution as part of the safety rating standards. North America holds second largest market share in the collision avoidance sensors market owing to rise in sales of utility vehicles, sports utility vehicles (SUVs), and high-end luxury vehicles in this region. Also, in US, it is mandatory to adopt electronic stability control (ESC) standard for all new vehicles that are manufactured after 2012. The market for Asia-Pacific is expected to show highest CAGR during the forecast period owing to growing focus on implementation of stringent road safety rules and increasing sale of of premium cars. The Middle East and Africa followed by South America is expected to show significant growth in coming years owing to growing investments in new technology by the government of these regions.

Company name: Market Research Future

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Contact:

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Pune - 411028

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