Global Anti-collision Sensor Market Size, By Technology (Radar, Ultrasonic, LiDar, and Camera), By Application (Adaptive Cruise Control, Blind Spot Monitor, Forward Collision Warning System, Lane Department Warning System, and Parking Sensor), By End-User Industry(Automobile, Aerospace and Defense, Industry, Rail, and Maritime), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Growth Potential, Trends Analysis, Competitive Market Size and Forecast, 2015-2025
- Report ID: BWC19176
- Upcoming: August 2021
- Available Format: PDF
- Page: 115
Report OverviewSource: BlueWeave Consulting
Global Anti-collision Sensor Market: Overview
Global 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 years.
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.
Anti-collision Sensor 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.
Anti-collision Sensor 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.
Anti-collision Sensor 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 Study:
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 market leaders.
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
· Industry associations
· 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
· Regulatory bodies
Scope of the Report
· Adaptive Cruise Control
· Blind Spot Monitor
· Forward Collision Warning System
· Lane Department Warning System
· Parking Sensor
By End-User Industry
· Aerospace and Defense
In addition, the report provides an analysis of the Anti-collision Sensor Market with respect to the following geographic
· The U.S.
· Rest of Europe
Asia Pacific (APAC)
· Rest of Asia Pacific
· Rest of Latin America
· Saudi Africa
· 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
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:
Additional Company Information
· With five additional company detail analysis.
· Additional country analysis.
· Detailed segment analysis.
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