Global Forward Collision Warning System for Automotive Market, By Type (Adaptive Cruise Control, Autonomous Emergency Braking, Lane Departure Warning System, Parking Assistance, Blind Spot Detection and Others), Technology (LIDAR, RADAR, Ultrasonic and Camera), Application (Automotive, Aerospace and Defence, Marine, Rail and Others), Product Type (Airborne Collision Avoidance System, Traffic Collision Avoidance System, Terrain Awareness and Warning System, FLARM, Ground Proximity Warning System, Portable Collision Avoidance System, Synthetic Vision and Obstacle Collision Avoidance System), Sales Channel (OEM and Aftermarket), 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 Forward Collision Warning System for Automotive Market
Data Bridge Market Research analyses that the forward collision warning system for automotive market will exhibit a CAGR of 9.98% for the forecast period of 2021-2028. This means that the market value will rise up to 40.6 billion by 2028. Rising demand for automated vehicles and rising safety awareness are the two major factors driving the growth of forward collision warning system for automotive market.
From the name itself, it is clear as to what is the role of forward collision warning system for automotive. A forward collision warning system for automotive is a technological system that alerts the driver in case of any collision or accident that will or may happen if the brakes are not applied, speed isn’t reduced or the direction is not changed. The system uses varied technologies such as LIDAR, RADAR, ultrasonic and camera and can be used in sectors like marines, railways and automobiles.
Rising demand for efficient safety mechanisms or technology in automobiles has induced growth in the forward collision warning system for automotive market value. Rising incidences of accidents on the roads have further propelled growth of collision warning systems for automotive. Rising technological advancements will further create lucrative growth opportunities.
However, high installation cost will restrain the growth of the market. High installation cost will lead to the overall increase in the price of vehicle. This will make it difficult for middle class people to invest into them. Thus, this will further restrict the scope of growth.
This forward collision warning system for automotive 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 forward collision warning system for automotive market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Forward Collision Warning System for Automotive Market Scope and Market Size
The forward collision warning system for automotive market is segmented on the basis of type, technology, application, product type and sales channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on the type, the forward collision warning system for automotive market is segmented into adaptive cruise control, autonomous emergency braking, and lane departure warning system, parking assistance, blind spot detection and others.
- Based on the technology, the forward collision warning system for automotive market is segmented into LIDAR, RADAR, ultrasonic and camera.
- Based on the application, the forward collision warning system for automotive market is segmented into automotive, aerospace and defence, marine, rail and others.
- Based on the product type, the forward collision warning system for automotive market is segmented into airborne collision avoidance system, traffic collision avoidance system, terrain awareness and warning system, FLARM, ground proximity warning system, portable collision avoidance system, synthetic vision and obstacle collision avoidance system.
- On the basis of sales channel, the forward collision warning system for automotive market is segmented into OEM and aftermarket.
Forward Collision Warning System for Automotive Market Country Level Analysis
The forward collision warning system for automotive market is analysed and market size, volume information is provided by country, type, technology, application, product type and sales channel as referenced above.
The countries covered in the forward collision warning system for automotive market report are the 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).
North America holds a major portion of the global forward collision warning system for automotive market share owing to the prevalence of advanced technologies. Asia-Pacific on the other hand will project highest CAGR for the forecast period owing to the rising awareness about forward collision warning systems.
The country section of the forward collision warning system for automotive 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 Forward Collision Warning System for Automotive Market Share Analysis
The forward collision warning system for automotive 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 forward collision warning system for automotive.
The major players covered in the forward collision warning system for automotive market report are BorgWarner Inc., Velodyne Lidar, Inc., GENTEX CORPORATION, ZF Friedrichshafen AG, Continental AG, DENSO CORPORATION., Robert Bosch GmbH, Autoliv Inc., Becker Mining, Wabtec Corporation, Siemens, Collins Aerospace, Alstom, GENERAL ELECTRIC COMPANY, Honeywell International Inc., Saab AB, Magna International Inc., Mobileye. and HEXAGON 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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