Collision Avoidance Sensors Market - Growth, Trend, COVID-19 Impact, And Forecasts (2019 - 2026)
Collision Avoidance Sensors Market By Technology (Radar, Camera, Ultrasound, LiDAR, LED Sensors, GPS RF Detection, Millimeter Wavelength Radar), Application (Adaptive Cruise Control, Blind Spot Detection, Forward Collision Warning System, Lane Departure Warning System, Parking Assistance, Others), Geography (North America, Europe, AsiaPacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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Report Description Global collision avoidance sensors market is set to witness a healthy CAGR of 21.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption from luxury automobile manufacturers and increasing sale of luxury vehicles are the factor for the growth of this market. Collision avoidance sensors are electronic safety equipment which is specially designed so that that it can reduce the chances of collisions. They use different technology such as LiDAR, GPS RF detection, radar, camera and others so that they can detect any crash. They gives warning to the driver whenever any collision is detected by the system and if no action is taken by the driver; they automatically take necessary action so that it can be avoided. They are widely used in applications such as blind spot detection, forward collision warning system, parking assistance, adaptive cruise control and others.
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Major Key Players Some of the major players operating in this market are : • • • • • • • •
Continental AG Delphi Technologies NXP Semiconductors Infineon Technologies AG Sixth Sensor Technology Pvt Ltd InnoSenT - Innovative Radar Sensor Technology DENSO CORPORATION Mobileye
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Market Segmentation • By Technology (Radar, Camera, Ultrasound, LiDAR, LED Sensors, GPS RF Detection, Millimeter Wavelength Radar) • By Application (Adaptive Cruise Control, Blind Spot Detection, Forward Collision Warning System, Lane Departure Warning System, Parking Assistance, Others)
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Regional Analysis Based on geography, the market is segmented into five geographical regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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