Market Overview

Global Automotive Collision Avoidance Systems Market 2018-2023: Radar Based Systems Occupy Highest Market Share - ResearchAndMarkets.com

Share:

The "Global
Automotive Collision Avoidance Systems Market - Segmented by Technology
Type, Device, Vehicle Type, and Geography - Growth, Trends, and Forecast
(2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.

NHTSA countermeasure effectiveness modeling predicts that head-way
detection systems can theoretically prevent 37% to 74% of all police
reported rear-end crashes. Thus, the introduction of collision warning
systems could result in the dramatic reduction of crash fatalities,
injuries, and property damage.

Radar Based Systems Occupy Highest Market Share

Radar-based systems accounted for over 41% of the global market in 2016.
The segment is further expected to gain market share during the forecast
period. The reducing prices of radars have led to the increased adoption
of the technology by various automotive OEMs.

Europe is expected to continue to lead the market during the forecast
period. It accounted for over 35% of the market, in 2016. The consumer
preference in Europe was observed to be greatly inclined towards safety
features of a vehicle and this was coupled with the presence of
headquarters of companies, like Bosch, Continental, Autoliv, ZF, etc.,
which has allowed for technological advancements in safety segment. The
updated ratings of safety agencies and incorporation of anti-collision
systems in mass-market models by European commission are expected to
propel the market growth over the next five years.

Notable Market Developments

  • Continental AG is working on an automatic system to warn the driver
    the risk of aquaplaning. The company will be using networked cameras
    and tire sensors, along with the software (developed by Continental
    engineers) to detect imminent aquaplaning.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. Market Segmentation & Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitve Landscape

9. Company Profiles

  • Continental AG
  • Delphi Automotive
  • Denso Corporation
  • Infineon Technologies
  • Panasonic Corporation
  • Robert Bosch GmbH
  • ZF Group
  • Autoliv Inc.
  • Siemens AG

For more information about this report visit https://www.researchandmarkets.com/research/cp4q4s/global_automotive?w=4

View Comments and Join the Discussion!