Nov 6, 2018   SOURCE: PR NewsWire

Global Collision Avoidance Sensors Market Report 2018: Market Size is Expected to Reach USD 18.97 Billion by 2025

DUBLIN, Nov. 6, 2018 /PRNewswire/ --

The "Collision Avoidance Sensors Market Analysis Report By Application (Parking Assistance, Forward Collision Warning System), By Technology (Radar, Camera, Ultrasound), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

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The global collision avoidance sensors market size is expected to reach USD 18.97 billion by 2025, displaying a 21.2% CAGR during the forecast period.

Integration of anti-collision systems in mass-market vehicles and updated safety ratings of agencies are expected to fuel market growth over the next few years.

Increasing consumer awareness and extensive focus on research and development by industry players have been major growth drivers for the market. Installation of collision avoidance systems allows vehicles to perform autonomous and semi-autonomous decision-making. Growing demand for vehicle security by consumers and government vehicle safety regulatory agencies is also expected to drive the growth of the collision avoidance sensors market.

Recent technological developments in sensors are focused on building highly sophisticated devices and augmenting their performance using various components of the vehicle.Anti-collision systems enable automotive OEMs to integrate additional intelligence to accomplish the goal of developing an autonomous vehicle.

Stringent regulatory and legal standards have mandated the addition of sensors to enhance safety features in vehicles. These are expected to drive demand for collision avoidance sensors over the forecast period. However, high cost of LiDAR-based systems and long-range radars may cause a hindrance to market growth as manufacturers of low-priced cars may refrain from installing sensors to avoid increase overall price of vehicles.

Further key findings from the report suggest:

    --  Integration of collision avoidance systems in vehicles is expected to
        help reduce the number of vehicle accidents due to human error, the
        latter are said to account for 90% of accidents, according to a 2014 UN
        Road Safety Collaboration study
    --  The radar segment is projected to account for 44.5% of the global market
        by 2025. Declining prices of radars have led to their increased adoption
        by various Original Equipment Manufacturers (OEMs) of automobiles
    --  Due to mandatory government regulations regarding incorporation of
        camera-based collision avoidance systems into vehicles, the camera
        segment is expected to witness high growth over the forecast period
    --  The Forward Collision Warning System (FCWS) segment is expected to
        account for a major market share by 2025 as these systems help in
        significantly decreasing rear-end collisions or accidents
    --  Over the forecast period, Europe is anticipated to retain its position
        as market leader in the adoption of collision avoidance sensors and
        systems and is anticipated to reach USD 5.80 billion by 2025

    --  Key market participants include NXP Semiconductors, Continental AG,
        Delphi Automotive, Robert Bosch GmbH, and Murata Manufacturing Co., Ltd.

Key Topics Covered:

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary
2.1 Collision Avoidance Sensors - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 Global Collision Avoidance Sensors Market, 2014 - 2025
2.2.1 Global collision avoidance sensors market, by region, 2014 - 2025
2.2.2 Global collision avoidance sensors market, by technology, 2014 - 2025
2.2.3 Global collision avoidance sensors market, by application, 2014 - 2025

Chapter 3 Collision Avoidance Sensors Industry Outlook
3.1 Market Segmentation & Scope
3.2 Market Size and Growth Prospects
3.3 Collision Avoidance Sensors - Value Chain Analysis
3.3.1 Vendor landscape
3.3.1.1 Collision avoidance sensor adoption roadmap by OEMs
3.4 Collision Avoidance Sensors Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Consumers' need for safety
3.4.1.2 Enhanced automobile safety ratings
3.4.1.3 Growing sales of luxury automobiles
3.4.2 Market challenge analysis
3.4.2.1 High cost of technology
3.5 Penetration and Growth Prospect Mapping
3.6 Collision Avoidance Sensors - Porter's Five Forces Analysis
3.7 Collision Avoidance Sensors - Company Market Share Analysis, 2017
3.8 Collision Avoidance Sensors - PESTEL Analysis

Chapter 4 Collision Avoidance Sensors Technology Outlook
4.1 Collision Avoidance Sensors Market Share by Technology, 2017 & 2025
4.2 Radar
4.3 Camera
4.4 Ultrasound
4.5 LiDAR

Chapter 5 Collision Avoidance Sensors Application Outlook
5.1 Collision Avoidance Sensors Market Share by Application, 2017 & 2025
5.2 Adaptive Cruise Control (ACC)
5.3 Blind Spot Detection (BSD)
5.4 Forward Collision Warning System (FCWS)
5.5 Lane Departure Warning System (LDWS)
5.6 Parking Assistance (PA)
5.7 Others

Chapter 6 Collision Avoidance Sensors Regional Outlook
6.1 Collision Avoidance Sensors Market Share by Region, 2017 & 2025

Chapter 7 Competitive Landscape

    --  Continental AG
    --  Delphi Automotive LLP
    --  NXP Semiconductors
    --  Infineon Technologies AG
    --  Murata Manufacturing Co., Ltd.
    --  Panasonic Corporation
    --  Robert Bosch GmbH
    --  Sensata Technologies, Inc.
    --  Takata Corporation
    --  Texas Instruments, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/mtxl2t/global_collision?w=5

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