Global Collision Avoidance Sensor Market, By Technology (LiDAR, RADAR, Ultrasonic, Camera), Application (Automotive, Aerospace & Defense, Marine, Rail), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Collision Avoidance Sensor Market
Collision avoidance sensor market will reach at an estimated value of USD 9,897.09 million by 2028 and grow at a CAGR of 13.0% in the forecast period of 2021 to 2028. Rise in the focus of consumers & OEMs on vehicle safety is an essential factor driving the collision avoidance sensor market.
A sensor is a type of device that detects and responds to some type of input from the physical environment. The specific input could be heat, light, motion, moisture, pressure, or any other environmental phenomena.
Rise in the insurance companies focusing on reducing costs for vehicles with collision avoidance system is a crucial factor accelerating the market growth, also rise in the technological advancements in sensor such as miniaturization and increase in the adoption of collision avoidance sensors in various military equipment’s in developed countries are the major factors among others boosting the collision avoidance sensor market. Moreover, rise in the automotive safety norms in developing countries and rise in the trend of installing advanced driver assistance system in passenger cars will further create new opportunities for collision avoidance sensor market in the forecast period mentioned above.
However, cyclic nature of automotive sales & production is the major factor among others restraining the market growth, and will further challenge the collision avoidance sensor market in the forecast period mentioned above.
This collision avoidance sensor market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on collision avoidance sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Collision Avoidance Sensor Market Scope and Market Size
Collision avoidance sensor market is segmented on the basis of technology and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, collision avoidance sensor market is segmented into LiDAR, RADAR, ultrasonic and camera.
The collision avoidance sensor market is also segmented on the basis of application into automotive, aerospace & defense, marine and rail.
Collision Avoidance Sensor Market Scope Country Level Analysis
Collision avoidance sensor market is analysed and market size, volume information is provided by country, technology and application as referenced above.
The countries covered in the collision avoidance sensor market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the collision avoidance sensor market due to rise in the technological advancements in sensor such as miniaturization and increase in the adoption of collision avoidance sensors in various military equipment’s in developed countries in this region. North America is the expected region in terms of growth in collision avoidance sensor market due to strict government regulations related to vehicle safety and presence of manufacturing units in emerging economies in this region.
The country section of the collision avoidance sensor market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Collision Avoidance Sensor Market Share Analysis
Collision avoidance sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to collision avoidance sensor market.
The major players covered in collision avoidance sensor market report are Continental AG, Delphi Technologies, NXP Semiconductors, Infineon Technologies AG, Sixth Sensor Technology Pvt Ltd, InnoSenT - Innovative Radar Sensor Technology, DENSO CORPORATION, Mobileye, Symeo GmbH, Cross Company, Robert Bosch GmbH., Panasonic Corporation, ANAND Group, Texas Instruments Incorporated., Q-Track, Autoliv Inc., Becker Mining, Wabtec Corporation, Saab AB and Honeywell International, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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