Collision Avoidance System Market
Collision Avoidance System Market Study by Adaptive Cruise Control, Blind Spot Detection, Forward Collision Warning Systems, Lane Departure Warning Systems, and Parking Assistance from 2024 to 2034
Analysis of Collision Avoidance System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Collision Avoidance System Market Outlook (2024 to 2034)
The global collision avoidance system market is projected to top a valuation of US$ 11.25 billion in 2024 and thereafter expand at a CAGR of 15.9% to end up at US$ 49.16 billion by 2034.
Automobile collision systems are designed to provide a detailed analysis of a vehicle's surroundings to detect potential collision risks and prevent major accidents. These systems use a variety of sensors and cameras to gather data, which is then processed by control units. Based on this data, the systems adjust the vehicle's behavior and can take actions that might be difficult for drivers to perform in challenging scenarios.
When the system detects issues with driving or other potential hazards, it communicates this information to the driver, along with recommendations for resolution. This functionality is a key reason why we are seeing rapid collision avoidance system market growth.
Governments are increasingly recognizing the importance of road safety, especially as vehicles become faster and more advanced. This recognition is driving government projects that support the development and implementation of collision avoidance systems, leading to a global rise in demand.
Previously, collision avoidance systems were predominantly found in luxury vehicles. However, due to heightened safety awareness, these systems are now mandatory in all types of vehicles. This shift is driving a steady increase in the collision avoidance system market size.
- The East Asia market share is projected to increase to 38.4% by the end of 2034.
- The market in the United States has been forecasted to expand at a CAGR of 14.7% through 2034.
- Japan is estimated to hold a 27.5% share of the East Asia market in 2024.
| Report Attribute | Detail |
|---|---|
| Collision Avoidance System Market Size (2024E) | US$ 11.25 Billion |
| Forecasted Market Value (2034F) | US$ 49.16 Billion |
| Global Market Growth Rate (2024 to 2034) | 15.9% CAGR |
| East Asia Market Growth Rate (2024 to 2034) | 16.5% CAGR |
| North America Market Value (2034F) | 13.03 Billion |
| Radar Segment Value (2034F) | US$ 16.67 Billion |
| Parking Assistance Segment Value (2034F) | US$ 3.88 Billion |
| Key Companies Profiled | Alstom SA; Autoliv Inc.; Automotive Plc.; Aviation Communication & Surveillance Systems, LLC; Becker Mining Systems AG; Delphi Denso Corporation; Hexagon AB; Honeywell International, Inc.; Robert Bosch GmbH; Rockwell Collins, Inc.; Saab AB; General Electric Company; Wabtec Corporation. |
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Why is Deployment of Collision Avoidance Systems Increasing Rapidly?
“Concerns about Road Accidents and Fatalities and Increased Commuting Distances”
Road accidents and fatalities have long been a major concern for drivers, whether in developing or developed countries. This concern has driven many drivers to install collision avoidance systems in their vehicles to minimize the risk of accidents. Additionally, as global travel and commuting distances increase, drivers often face longer journeys, which can lead to fatigue and a higher likelihood of accidents. Collision avoidance systems offer peace of mind, allowing drivers to rely on these technologies to reach their destinations safely.
Governments worldwide are implementing stricter regulations to enhance vehicle safety. These regulations encourage the adoption of collision avoidance systems and other safety technologies to significantly reduce collision risks.
- For example, since 2022, authorities in the United States and Europe have mandated the installation of automotive emergency braking (AEB) and forward collision avoidance/warning systems in both passenger cars and commercial vehicles.
“High-Speed Rails Employing Collision Avoidance System to Minimize Possibilities of Accidents”
Another factor driving market growth is the implementation of Advanced Driver Assistance Systems (ADAS) not only in automobiles but also in train systems. As trains, including metros, become faster, the risk of accidents increases. To address this, engineers are incorporating advanced safety systems into train designs to enhance passenger safety and ensure timely arrivals. These systems help mitigate the risk of accidents and improve overall safety in high-speed rail environments.
What is Potentially Hindering Demand Growth for Collision Avoidance Systems?
“High Cost of Deployment and Lack of Standardization”
Deployment of collision avoidance systems comes with a high cost, and this is becoming a key restraint on the growth of this market. The cost of equipment, installation, and maintenance can be very high, making it difficult for the drivers to justify the purchase of the system at certain times.
On top of this, the cost of training personnel to use the systems can further add up to the cost, making it impractical for many drivers to install such safety systems. Another factor that is not working in favor of suppliers is the lack of standardization, as there are several manufacturers and each manufacturer uses their system, making it very confusing for the end user to understand it and this can increase the chances of an accident on a high level.
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Country-wise Analysis
As awareness of safety increases and governments worldwide continue to prioritize passenger safety, the market for collision avoidance systems is projected to grow steadily. Major contributors to this market include the United States, Canada, Mexico, Japan, and China. Among these countries, the United States is expected to hold a significant collision avoidance system market share.
What is Contributing to Rising Adoption of Collision Avoidance Systems in the United States?
“Advancements Such as Adaptive Cruise Control and Driver Monitoring Systems”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 2.62 Billion |
| Growth Rate (2024 to 2034) | 14.7% CAGR |
| Projected Value (2034F) | US$ 10.36 Billion |
Automobile collision systems are an integral part of driver assistance systems, and their popularity is growing. Sales of adaptive cruise control are expected to drive the market in the United States to new heights in the coming years.
- In January 2023, Magna International Inc., a U.S.-based company, introduced a new driver monitoring system capable of detecting tiredness, exhaustion, and distracted driving. This system enhances safety by alerting drivers when these conditions are detected, thereby assisting them in maintaining focus and safety on the road.
As a result of such innovations and increasing demand, the United States is projected to hold 79.5% share of the North America market by the end of 2034, attracting many global suppliers.
Why are Collision Avoidance System Manufacturers Thriving in China?
“Rising Sales of Autonomous Vehicles”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 2.43 Billion |
| Growth Rate (2024 to 2034) | 16.3% CAGR |
| Projected Value (2034F) | US$ 10.99 Billion |
Demand for both automatic and autonomous vehicles is rising in China, with a growing emphasis on collision avoidance systems for autonomous vehicles. This collision avoidance system market trend is benefitting providers, as sales of autonomous cars increase significantly across the country.
- In April 2022, Hyundai Mobis introduced innovative brainwave technology designed to prevent accidents and collisions caused by driver negligence. By utilizing driver monitoring technologies based on brainwave patterns, this system aims to reduce risky situations. This development is emerging as a new trend in the market.
Category-wise Insights
There are a variety of applications for the ADAS system. A few of them include adaptive cruise control, blind spot detection, forward collision warning systems, and lane departure warning systems.
What Makes LiDAR Technology a Favored Choice among End Users?
“Precise Measurements and Reliable Performance of LiDAR Enhancing Safety and Functionality”
| Attribute | LiDAR |
|---|---|
| Segment Value (2024E) | US$ 4.18 Billion |
| Growth Rate (2024 to 2034) | 16.1% CAGR |
| Projected Value (2034F) | US$ 17.8 Billion |
Use of LiDAR technology is prominent among end users in the market, significantly outpacing other available technologies. LiDAR's precision and range make it a preferred choice for both drivers and manufacturers. These light-detecting and ranging systems are crucial in the development of self-driving and autonomous vehicles. As sales of such vehicles increase, the demand for LiDAR technology is growing much faster compared to other technologies.
What Role Do Collision Avoidance Systems Play in Adaptive Cruise Control?
“Collision Avoidance Systems Supporting ACC by Helping Maintain Safe Distance from Car Ahead”
| Attribute | Adaptive Cruise Control |
|---|---|
| Segment Value (2024E) | US$ 4.17 Billion |
| Growth Rate (2024 to 2034) | 15.7% CAGR |
| Projected Value (2034F) | US$ 19.07 Billion |
Adaptive cruise control (ACC) is the most frequently utilized function in modern vehicles. ACC's capability to automatically adjust vehicle speed to maintain a safe following distance from the car ahead makes it a favored choice for drivers seeking enhanced safety and convenience. This functionality is increasingly becoming a prominent trend in the collision avoidance system market.
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Market Competition
Key players in the collision avoidance system industry are increasingly focusing on introducing new products including automotive collision repair, LiDAR sensors, and area sensors.
- Nissan incorporated intersection collision avoidance into its upcoming driver-assistance technology, which utilizes advanced LiDAR technology in June 2023.
- Kennametal Inc. announced an addition to abrasive blast nozzles for advanced surface preparation, named Blast Ninja in March 2023.
- In January 2023, the Delco Remy 150MT starter was unveiled by Borgwarner Inc. at Heavy Duty Aftermarket. The high-performance power pack of Delco Remy 150MT enhances performance for quick engine starts.
- DENSO collaborated with Aeva and brought New LiDAR to the market. Advanced driver assistance systems and autonomous driving depend heavily on LiDAR technology in January 2021.
Fact.MR provides detailed information about the price points of key manufacturers of collision avoidance systems positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Segmentation of Collision Avoidance System Market Research
-
By Technology :
- LiDAR
- Radar
- Ultrasound
- Cameras
-
By Application :
- Adaptive Cruise Control
- Blind Spot Detection
- Forward Collision Warning Systems
- Lane Departure Warning Systems
- Parking Assistance
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Application
- 6.2. Technology
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
- 7.1. Adaptive Cruise Control
- 7.2. Blind Spot Detection
- 7.3. Forward Collision Warning Systems
- 7.4. Lane Departure Warning Systems
- 7.5. Parking Assistance
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Technology
- 8.1. LiDAR
- 8.2. Radar
- 8.3. Ultrasound
- 8.4. Cameras
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. Middle East & Africa
- 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Sales Forecast 2024 to 2034 by Application, Technology, and Region for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. Alstom SA
- 19.2. Autoliv Inc.
- 19.3. Automotive Plc.
- 19.4. Aviation Communication & Surveillance Systems, LLC
- 19.5. Becker Mining Systems AG
- 19.6. Delphi Denso Corporation
- 19.7. Hexagon AB
- 19.8. Honeywell International, Inc.
- 19.9. Robert Bosch GmbH
- 19.10. Rockwell Collins, Inc.
- 19.11. Saab AB
- 19.12. General Electric Company
- 19.13. Wabtec Corporation
- 20. Assumptions and Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 19: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 23: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 31: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 32: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 34: Western Europe Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 35: Western Europe Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 70: MEA Market Value (US$ Mn) Analysis, by Technology, 2019 to 2023
Table 71: MEA Market Value (US$ Mn) Analysis, by Technology, 2024 to 2034
Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Technology, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 18: North America Market Share Analysis by Country, 2024 & 2034
Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 21: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 27: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 34: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 35: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 37: Latin America Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 47: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 48: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 49: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 50: Western Europe Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 51: Western Europe Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 52: Western Europe Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 60: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 62: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 63: Eastern Europe Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 65: Eastern Europe Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 74: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 75: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 76: East Asia Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 77: East Asia Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 78: East Asia Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 86: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 88: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 89: South Asia & Pacific Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 91: South Asia & Pacific Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 96: MEA Market Share Analysis by Country, 2024 & 2034
Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 99: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 101: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Figure 102: MEA Market Share and BPS Analysis by Technology, 2024 & 2034
Figure 103: MEA Market Y-o-Y Growth Projections by Technology, 2024 to 2034
Figure 104: MEA Market Attractiveness Analysis by Technology, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the collision avoidance system market in 2024?
The global market for collision avoidance systems is estimated at US$ 11.25 billion in 2024.
What is the projection for the demand for collision avoidance systems?
Worldwide revenue from the sales of collision avoidance systems is projected to reach US$ 49.16 billion by 2034-end.
At what rate is the demand for collision avoidance systems projected to increase?
Demand for collision avoidance systems is forecasted to rise at 15.9% CAGR through 2034.
Who are the leading manufacturers of collision avoidance systems?
Key market players include Rockwell Collins Inc. Hexagon, and Wabtec Corporation.
Which type of technology accounts for a higher market share?
The LiDAR segment is projected to hold 37.2% market share in 2024.
At what rate is the market projected to advance in Japan?
The market in Japan is forecasted to rise at 17% CAGR through 2034.
Which region is projected to hold a high share of the global market?
East Asia is projected to account for 38.4% of the global market share by 2034.
Collision Avoidance System Market