The global collision avoidance system market is anticipated to grow at a considerable CAGR of around 7.5% during the forecast years. The collision avoidance system is used in various transport modes including cars, trucks, trains, planes, ships, and trains, to avoid collision by indicating the operator or automatically taking a decision in case of emergency. There are various types of collision avoidance systems including Airborne Collision Avoidance Systems (ACAS) for airplanes, Train Collision Avoidance System (TCAS) for better safety in rail routes, Ground Proximity Warning System (GPWS), and Obstacle Avoidance System for road transport.
The key factor for the growth of the global collision avoidance system market is increasing awareness of safety among people and increasing road accidents globally. According to World Health Org. (WHO), it has been reported that around 1.3 million people die every year due to road accidents, due to which people are more inclined towards the safety features in their vehicles. In addition, government has also imposed major guidelines for the manufacturer regarding addition of safety features in the passenger vehicles. Following the government guidelines, the demand for safety including collision avoidance systems such as pedestrian detection systems, adaptive cruise control, lane change warning system, and others is increased.
In addition, as reported in Economic Times Auto, according to a survey 3 out 4 respondents preferred 5-star safety-rated vehicles for their future purchase. The other reason for the growth of the market is the increased air traffic, increasing the demand for airborne collision avoidance systems (ACAS). These ACASs are used in Aeroplanes to track the other planes in the air and warn the pilots about the nearby planes to avoid the collision. Resulting in the growth of the global collision avoidance system market.
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Market Coverage
- The market number available for – 2022-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Technology
- By Functionality
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Aptiv Global Operations Ltd., Autoliv Inc., Continental AG, Mobileye, Robert Bosch GmbH, and others.
Collision Avoidance System Market Report by Segment
By Technology
- Radar
- Camera
- Ultrasound
- LiDAR
By Functionality
- Adaptive Cruise Control (ACC)
- Autonomous Emergency Braking (AEB) System
- Parking Assistant
- Lane Departure Warning System
- Others
By End-User
- Automotive
- Marine
- Aerospace and Defense
- Railways
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Collision Avoidance System Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- LILEE System, Ltd.
- Ride Vision Ltd.
- DENSO Corp.
- General Electric Co.
- Rockwell Automation, Inc.
- Honeywell International Inc.
- Siemens AG
- ALSTOM SA
- Wabtec Corp.
- ZF Friedrichshafen AG
- Knorr-Bremse AG
- Hella GmbH & Co. KGaA
- Becker Mining Systems AG
- Hexagon AB
- Aviation Communication & Surveillance Systems, LLC
- Saab AB
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