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Collision Avoidance Systems Market

Global Collision Avoidance Systems Market Size, Forecast: By Technology: LiDAR, Radar, Ultrasound, Camera; By Application: Adaptive Cruise Control (ACC), Blind Spot Detection (BSD), Forward Collision Warning System (FCWS), Lane Departure Warning System (LDWS), Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Collision Avoidance Systems Market Outlook

The global collision avoidance systems market stood at a value of more than USD 68.19 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of around 9.70% to reach a value of over USD 157.59 billion by 2032.

 

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Collision Avoidance Systems Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Collision Avoidance Systems Historical Market (2018-2023) 
    8.3    Global Collision Avoidance Systems Market Forecast (2024-2032)
    8.4    Global Collision Avoidance Systems Market by Technology
        8.4.1    LiDAR
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Radar
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Ultrasound
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Camera
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
    8.5    Global Collision Avoidance Systems Market by Application
        8.5.1    Adaptive Cruise Control (ACC)
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Blind Spot Detection (BSD)
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Forward Collision Warning System (FCWS)
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Lane Departure Warning System (LDWS)
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Parking Assistance (PA)
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Collision Avoidance Systems Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Collision Avoidance Systems Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Collision Avoidance Systems Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Collision Avoidance Systems Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Collision Avoidance Systems Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Collision Avoidance Systems Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Continental AG
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    BorgWarner Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    DENSO CORPORATION
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Analog Devices, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Infineon Technologies AG
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Panasonic Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Collision Avoidance Systems Market: Key Industry Highlights, 2018 and 2032
2.    Global Collision Avoidance Systems Historical Market: Breakup by Technology (USD Billion ), 2018-2023
3.    Global Collision Avoidance Systems Market Forecast: Breakup by Technology (USD Billion), 2024-2032
4.    Global Collision Avoidance Systems Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Collision Avoidance Systems Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Collision Avoidance Systems Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Collision Avoidance Systems Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Collision Avoidance Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Collision Avoidance Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Collision Avoidance Systems Market Structure

Key Questions Answered in the Report

In 2023, the global collision avoidance systems market attained a value of more than USD 68.19 billion.

The market is estimated to grow at a CAGR of 9.70% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach over USD 157.59 billion by 2032.

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 68.19 billion in 2023, 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 2024-2032, growing at a CAGR of 9.70%. The market is projected to reach a value of over USD 157.59 billion by 2032.

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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