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Increasing the number of vehicles and no adoption of intelligent traffic systems are the main causes of vehicle crashes. There is a need to reduce these vehicle crashes so Countries are looking for a system that ensures road safety and intelligence traffic movement which fuels up Collision Avoidance System Market globally.
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Collision Avoidance System Market Forecast From 2020 to 2025
DESCRIPTION The Collision avoidance system market is projected to grow at a CAGR of 11.87% to reach US$24.635 billion by 2025, from US$12.568 billion in 2019. Rising number of road accidents worldwide is the major driver of collision avoidance system market. Growing focus on workers’ safety in industries such as material handling is further boosting the demand for collision avoidance systems.
Key Questions Answered By The Report • What will be theCollision Avoidance System Market from 2020 to 2025? • How are the major drivers and restraints affecting the Collision Avoidance System Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Collision Avoidance System Market are : • By Type • Forward Collision Warning • Reverse Collision Warning • Adaptive Cruise Control (ACC) • Multi-Collision Brake • Others • By Technology • Radar • LiDAR • By Industry Vertical • Automotive • Material Handling • Aerospace and Defense • Others
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES Robert Bosch GmbH Denso Corporation Autoliv Inc. ZF Friedrichshafen AG Becker Mining Collins Aerospace, a United Technologies company Hexagon AB Continental AG Infineon Technologies AG Panasonic Corporation Hyundai Mobis Toyota
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