Collision Avoidance System Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2027
The global collision avoidance system market is expected to grow at a significant CAGR during the forecast period (2021-2027). The collision avoidance system is useful for avoiding impending collisions between items such as automobiles, planes, trains, ships, and other vehicles. The global collision avoidance system market is being boosted by its increasing use in the construction and mining industries. Various collision avoidance systems, such as airborne collision avoidance system (ACAS), train collision avoidance system (TCAS), ground proximity warning system (GPWS), and obstacle collision avoidance system, are available depending on their uses. The principle of a collision avoidance system is to avoid a collision by either notifying the operator or taking an autonomous avoidance manoeuvre.
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Automobile giants such as Ford Explorer, Fusion, and General
Motors have pre-collision systems fitted in their vehicles. The radar in these
pre-collision systems detects impending danger and informs the drivers, or the
system may even brake the car. The automotive industry holds the greatest
proportion of the global collision avoidance market, and the market is expected
to grow in the forecasted period owing to the rising traveller and vehicle
safety concerns. Ride Vision launched Collision Avoidance System for
Motorcycles in November 2020, an AI-based motorcycle safety alert system that
is available globally. It uses a combination of image-recognition and other
AI-based algorithms to correct for a motorcycle’s positional changes and even
rider behavior. The system can be put on any type of two-wheeled vehicle,
independent of model or manufacturer, through an app that connects the system
to the rider's smartphone.
Furthermore, LILEE Systems, a provider of smart
transportation systems, announced the debut of SafeRail, a revolutionary
high-rail collision avoidance system, in March 2021. According to the company,
it has developed the first complete high-rail collision prevention system. The
new system can be used in conjunction with the SafeRide fleet safety solution
to keep hi-rail vehicles safe on the rails and on the roads. The SafeRail
system from LILEE Systems provides proximity and authority limit alerts to
support minimize collisions.
Market Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
Segment Covered-
·
By Technology
·
By Functionality
·
By End-User
Regions covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape:
Delphi Automotive LLP, Robert Bosch GmbH, and Rockwell Collins, Inc., among
others.
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Global Collision Avoidance System Market Report by
Segment
By Technology
• Radar
• Camera
• Ultrasound
• LiDAR
By Functionality
• Adaptive Cruise Control (ACC)
• Autonomous Emergency Braking (AEB)
• Parking Assistance
• Lane Departure Warning System
• Others
By End-User
• Automotive
• Marine
• Aerospace and Defense
• Railways
Global Collision Avoidance System Market Report by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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