Sensor Market: Overview
Anti-collision Sensor market expected to grow at a CAGR of 18.5% from 2018 to
reach a value of approximately USD 22.35 billion by the year 2025. Anti-collision
sensor are designed specifically to detect a moving object, which helps
operator or automated vehicle system to avoid collision. The most common type
of automobile application is sensor, which is placed behind the vehicle to
alert the driver from the collision to the obstacle when engaged in reverse
movement. Collision avoidance sensors are also common in automated guided
vehicles in factories and warehouses. The staggering increment in the number of
vehicles on roads coupled with rising vehicles and growing traffic has led in a
number of human errors is a vital
factors expected to encourage the growth of the global Anti-collision Sensor
market in the upcoming period.
In addition, the introduction of new technologies
in sensors coupled with the massive demand for sensors in unmanned aerial
vehicles are other factors estimated to accelerate the growth of the market in
the upcoming years. Moreover, the growing implantation of anti-collision
sensors in the various transport system will fuel the growth of the
Anti-collision Sensor market in the forecast period. Further, increasing
investment by developed countries on defense equipment and materials is
expected to fuel the growth of the Anti-collision Sensor market in upcoming
Rising demand for anti-collision sensor in
industries such as aerospace, rail, automotive & defense to prevent the
collision will foster the global Anti-collision Sensor market. Furthermore,
growing application of anti-collision for safe and reliable technical solutions
to the automobile that in turns reduces the collision is anticipated to escalate
the global anti-collision market in the future timeline.
Market Technology analysis
On the basis of Technology, the Anti-collision
Sensor market has been segmented into Radar, Ultrasonic, LiDar, and Camera.
Radar segment dominates
the global Anti-collision Sensor Market owing to its growing usage in warning
systems and adaptive cruise control systems. Ultrasound segment market is
driven by its potential use for low speeds and short ranges and is used in
back-up reversing systems. LiDar market is driven by its wide-angle field view and is
capable of generating detailed imagery. Additionally, LiDAR sensors consume
more vehicle space for installation.
Market Application Analysis
On the basis of application, the Anti-collision
Sensor market has been segmented into Adaptive Cruise Control, Blind Spot
Monitor, Forward Collision Warning System, Lane Department Warning System, and
Parking Sensor. Adaptive Cruise Control will lead the segment due to its application
for short, medium, and long-range radars to automatically adjust the vehicle's
speed as per the intensity of traffic. Forward Collision Warning System will
boost by its features like providing an active safety feature that warns the
driver in the event of a frontal collision and the system alerts the driver
about such situation by visual and audible signals.
Market End-User Industry Analysis
On the basis of End-User Industry, the
Anti-collision Sensor market has been segmented into Automobile, Aerospace and
Defense, Industry, Rail, and Maritime. By End-User Industry, Automobile will
lead the market in account of growing demand for Advanced Driver Assistance
Systems (ADAS) in vehicles for ensuring the safety of the driver which includes
several systems such as adaptive cruise control, adaptive light control,
automatic braking, automatic parking, blind spot detection, collision avoidance,
driver drowsiness detection, and GPS navigation. Aerospace will influence by
its application for onboard flight system able to guide a UAV towards a
specific destination modifying its own flight trajectory in reaction to a
variety of external situations.
The regional analysis of
Anti-collision Sensor Market
On the basis of region, the Anti-collision Sensor
Market has been segmented into North America, Europe, Asia Pacific, Middle East
& Africa, and Latin America. Europe dominates the global Anti-collision
Sensor market over the forecast period due to a large number of European
countries are adopting automated transportation system in metro rail, and other
vehicles. Moreover, European car manufacturing companies are incorporating this
technology in their cars, thus broadening the market scope of radar and camera
sensor. The Asia Pacific will be fastest growing segment owing to rise in
purchasing power of consumers, high standards of living, growth in GDP, and
increasing sales of premium cars.
The objective of the
To analyze and forecast the market size of the global
Anti-collision Sensor Market, in terms of value.
To examine the careful market segmentation and forecast the market
size, in terms value, on the basis of the region by segmenting Anti-collision
Sensor market into five regions, namely, North America, Europe, Asia Pacific,
Middle East, and their leading countries.
To outline, categorized and forecast the global Anti-collision
Sensor market on the basis of technology, application, and end-user industry.
To examine competitive developments like technological
advancement, services, and regulative framework within the global
Anti-collision Sensor Market.
To highlight the impact analysis of the factors, affecting the
market dynamics such as drivers, restraints, opportunities, and challenges.
To strategically profile the key players and comprehensively
analyze their market shares along with detailing the competitive landscape for
Sensor Market Competitive Landscape
Companies such as Robert Bosch GmbH,
Continental AG, Denso Corporation, ZF Friedrichshafen, TRW Automotive, Wadeco,
Yaskawa, Delphi Automotive, NXP Semiconductors, Murata Manufacturing Co. Ltd., Texas
Instruments, Aisin Seiki Co and Autoliv AB are the key players in the global
Anti-collision Sensor market.
Key Target Audience:
Market research and consulting firms
Global Anti-collision Sensor Manufacturing firm
Research organizations and consulting companies
Global Anti-collision Sensor distributors
Organizations, associations, and alliances
related to Anti-collision Sensor
Scope of the Report
Adaptive Cruise Control
Blind Spot Monitor
Forward Collision Warning System
Lane Department Warning System
By End-User Industry
Aerospace and Defense
addition, the report provides an analysis of the Anti-collision Sensor Market
with respect to the following geographic
Rest of Europe
Asia Pacific (APAC)
Rest of Asia Pacific
Rest of Latin America
Rest of Middle-East
Business Questions answer by the report
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of value
and volume and market statistics with detailed classification
Which segment dominates the market or region and
one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key player
and their impact on other players.
Customization Scope for the Client
satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The
following customization options are available for the report:
With five additional company detail analysis.
Additional country analysis.
Detailed segment analysis.