Market Overview

Global Collision Avoidance System Market 2018-2023: CAGR is Projected to Grow at 13.2% - ResearchAndMarkets.com

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The "Collision
Avoidance System Market- Forecasts from 2018 to 2023"
report
has been added to ResearchAndMarkets.com's offering.

Collision avoidance system market was valued at US$ 9.186 billion in
2017 and is projected to expand at a CAGR of 13.2% over the forecast
period to reach US$ 19.332 billion by 2023.

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.

The potential for the expansion of these systems on account of growing
emphasis on car safety, such as Global New Car Assessment Programme
(NCAP), to mitigate or prevent motor vehicle crashes is further
contributing to the market growth.

However, high cost of these systems is currently impeding its adoption,
thus restraining the overall market growth.

Geographically, Europe holds the largest market share of global
collision avoidance system market owing to the high adoption rate of
these systems in the EU countries supported by mandatory regulations
mandating the deployment of these systems.

Major industry players profiled as part of the report are Delphi
Technologies, Robert Bosch GmbH, Denso Corporation, Autoliv Inc., and
Rockwell Collins among others.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Collision Avoidance System Market By Type

6. Collision Avoidance System Market By Technology

7. Collision Avoidance System Market By End Use Industry

8. Collision Avoidance System Market By Geography

9. Competitive Intelligence

10. Company Profiles

  • Delphi Technologies
  • Robert Bosch GmbH
  • Denso Corporation
  • Autoliv Inc.
  • ZF Friedrichshafen AG
  • Becker Mining
  • Rockwell Collins
  • Hexagon AB

For more information about this report visit https://www.researchandmarkets.com/research/c94rwb/global_collision?w=4

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