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Global Collision Avoidance Systems Market: By Technology: LiDAR, Radar, Ultrasound, Camera; By Application: Adaptive Cruise Control (ACC), Blind Spot Detection (BSD), Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Collision Avoidance Systems Market Outlook

The global collision avoidance systems market stood at a value of more than USD 7.8 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of around 22% to reach a value of over USD 23.5 billion by 2027.

 

Global Collision Avoidance Systems Market

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Increasing Demand for the LiDAR Technology to Bolster the Growth of the Collision Avoidance Systems Industry

Based on technology, the LiDAR segment accounts for a significant share in the market and is anticipated to witness a considerable growth in the forecast period. LiDAR provides 360-degree view of the environment, which bolsters the safety of the passengers. The accuracy, reliability, and efficiency of the LiDAR technology is likely to propel the popularity of this system among the automotive manufacturers. Over the forecast period, the development of pre-scan technology, which is capable of scanning the road surface several hundred times a second, allows the drivers to be more aware of the obstructions on the way. This factor is anticipated to provide impetus to the market in the forecast period.

 

The Asia Pacific Accounts for a Significant Share in the Market

The collision avoidance systems industry in the Asia Pacific is driven by factors such as the stringent safety regulations by the government, thriving automotive industry in emerging nations like India and China, heavy traffic congestion, and rising disposable income. The introduction of latest technology to improve customer experience is likely to propel the market growth in the forecast period. The market in the region will further be aided by the expansion by major automotive players, along with the growing deployment of collision avoidance systems in order to ameliorate the safety and security of passengers.

 

Collision Avoidance System: Market Segmentation

Collision avoidance system is defined as a type of system which is designed to warn the drivers in order to avoid collisions and reduce the risk of fatal accidents. Technologies such as radar, lasers, cameras, GPS, and artificial intelligence are used in the collision avoidance systems. This technology finds application majorly in the automotive industry.

 

Global Collision Avoidance Systems Market Segment

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Based on technology, the market is segmented into:

  • LiDAR
  • Radar
  • Ultrasound
  • Camera

The major applications of the collision avoidance system include:

  • Adaptive Cruise Control (ACC)
  • Blind Spot Detection (BSD)
  • Forward Collision Warning System (FCWS)
  • Lane Departure Warning System (LDWS)
  • Parking Assistance (PA)
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Collision Avoidance Systems Market Region

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Rising Application for Adaptive Cruise Control (ACC) and Blind Spot Detection (BSD) to Boost the Growth of the Collision Avoidance Systems Industry

The global collision avoidance systems industry is driven by the rising application of the system in adaptive cruise control (ACC) and blind spot detection (BSD), as they offer utmost security at the time of turning, switching lanes, and overtaking other vehicles. In addition, the growing demand for commercial vehicles, owing to the thriving transportation industry in emerging economies is anticipated to provide lucrative opportunities to the market. Furthermore, the market is anticipated to be bolstered by the rising cases of road accidents, increasing prevalence of reckless driving, and  stringent safety norms imposed by the governments across the countries.

 

Key Industry Players in the Global Collision Avoidance Systems Market

The report gives a detailed analysis of the following key players in the global collision avoidance systems market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Continental AG
  • BorgWarner Inc.
  • DENSO CORPORATION
  • Analog Devices, Inc.
  • Infineon Technologies AG
  • Panasonic Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Application, Region
Breakup by Technology LiDAR, Radar, Ultrasound, Camera
Breakup by Application Adaptive Cruise Control (ACC), Blind Spot Detection (BSD), Forward Collision Warning System (FCWS), Lane Departure Warning System (LDWS), Parking Assistance (PA), Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Continental AG, BorgWarner Inc., DENSO CORPORATION, Analog Devices, Inc., Infineon Technologies AG, Panasonic Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Collision Avoidance Systems Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Collision Avoidance Systems Historical Market (2017-2021) 
    8.3    Global Collision Avoidance Systems Market Forecast (2022-2027)
    8.4    Global Collision Avoidance Systems Market by Technology
        8.4.1    LiDAR
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Radar
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Ultrasound
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Camera
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
    8.5    Global Collision Avoidance Systems Market by Application
        8.5.1    Adaptive Cruise Control (ACC)
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Blind Spot Detection (BSD)
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Forward Collision Warning System (FCWS)
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Lane Departure Warning System (LDWS)
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Parking Assistance (PA)
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Others
    8.6    Global Collision Avoidance Systems Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Continental AG
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    BorgWarner Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    DENSO CORPORATION
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Analog Devices, Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Infineon Technologies AG
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Panasonic Corporation
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Collision Avoidance Systems Market: Key Industry Highlights, 2017 and 2027
2.    Global Collision Avoidance Systems Historical Market: Breakup by Technology (USD Billion ), 2017-2021
3.    Global Collision Avoidance Systems Market Forecast: Breakup by Technology (USD Billion), 2022-2027
4.    Global Collision Avoidance Systems Historical Market: Breakup by Application (USD Billion), 2017-2021
5.    Global Collision Avoidance Systems Market Forecast: Breakup by Application (USD Billion), 2022-2027
6.    Global Collision Avoidance Systems Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Collision Avoidance Systems Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Global Collision Avoidance Systems Market Structure

Key Questions Answered in the Report

In 2021, the global collision avoidance systems market attained a value of more than USD 7.8 billion.

The market is estimated to grow at a CAGR of 22.0% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach over USD 23.5 billion by 2027.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major drivers of the market include the rising cases of accidents, stringent government norms pertaining to safety of the passengers, and the growing emphasis of major automotive manufacturers on providing improved driving experience to customers without compromising on safety.

The technological advancements in the automotive industry which include the emergence of self-driving cars and penetration of artificial intelligence are the key trends guiding the growth of the industry.

LiDAR, radar, ultrasound, and camera are the major technologies considered in the market report.

Adaptive cruise control (ACC), blind spot detection (BSD), forward collision warning system (FCWS), lane departure warning system (LDWS), and parking assistance (PA), among others are the different applications included in the market report.

The major players in the industry are Continental AG, BorgWarner Inc., DENSO CORPORATION, Analog Devices, Inc., Infineon Technologies AG, and Panasonic Corporation, among others.

Analyst Review

The global collision avoidance systems market attained a value of more than USD 7.8 billion in 2021, driven by the growing automotive industry and the increasing cases of road accidents. Aided by the stringent government regulations to enhance the safety of passengers, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 22.0%. The market is projected to reach a value of over USD 23.5 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on technology, the market is divided into LiDAR, radar, ultrasound, and camera. On the basis of application, the market is divided into adaptive cruise control (ACC), blind spot detection (BSD), forward collision warning system (FCWS), lane departure warning system (LDWS), and parking assistance (PA), among others. The major regional markets for collision avoidance systems are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Continental AG, BorgWarner Inc., DENSO CORPORATION, Analog Devices, Inc., Infineon Technologies AG, and Panasonic Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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