Collision Avoidance Sensors Market Will Generate Record Revenue by 2028

The global collision avoidance sensors market is anticipated to grow at a considerable CAGR of 11.5% during the forecast period. A collision avoidance technology is a safety system designed to warn, alert, or assist drivers to avoid imminent collisions and reduce the risk of incidents. CAS uses variety of technologies and sensors, such as radar, lasers, cameras, GPS, and artificial intelligence (AI) for avoiding collisions and mitigating risk. The growing demand for safety features among sport utility vehicles, luxury vehicles, and passenger vehicles is driving the growth of the market.

To Request a Sample of our Report on Collision Avoidance Sensors Market:  https://www.omrglobal.com/request-sample/collision-avoidance-sensors-market

Additionally, the growing collaborations among private and public entities to adopt CAS coupled with the growing launch of a new and innovative solution by the market players are some other factors anticipated to propel the market growth. For instance, in December 2020, The European Commission (EC) selected the EUDAAS (European Detect and Avoid System) consortium, with Saab as the key partner, to develop, detect, and avoid capability for large military remotely-piloted aircraft systems (RPAS) within the European Defense Industrial Development Programme. Moreover, the EUDAAS programme will develop and validate a 100% European Detect And Avoid (DAA) solution for the safe insertion of large military Remotely-Piloted Aircraft Systems (RPAS) in European air traffic. The DAA system provides the remote pilot to “see and avoid”, including a fully automatic collision avoidance function that will initiate maneuvers to avoid collision with other aircraft.

Furthermore, in March 2022, Hexagon Mining introduced an improved version of its collision avoidance system, Version 10 of the HxGN Mine Protect Collision Avoidance System known simply as CAS 10 consolidates powerful technology into two hardware components: an intelligent antenna and a five-inch LCD. The smart antenna integrates GPS, RF, Wi-Fi, LTE, and ultra-wide band time of flight technology. The in-cabin, touch-screen display features modern UI/UX consistent with Hexagon’s other on-board solutions. This creates a better driving experience, reduced deployment and training time, reduced supply chain complexity, and increased operator adoption.

Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028

Segment Covered- 

  • By Technology
  • By Application
  • By End-Use Industry

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
    • Competitive Landscape- including Robert Bosch GmbH, DENSO Corp, Aptiv Global Operations Ltd., Autoliv Inc., General Electric Company, Raytheon Technologies Corp. and others.

A full Report of Collision Avoidance Sensors Market is Available @  https://www.omrglobal.com/industry-reports/collision-avoidance-sensors-market

Collision Avoidance Sensors Market Report Segment

By Technology

  • Radar
  • Camera
  • Ultrasound
  • LiDAR

By Application

  • Collision Avoidance Sensors by Application
  • Adaptive Cruise Control (ACC)
  • Blind Spot Detection (BSD)
  • Forward Collision Warning System (FCWS)
  • Lane Departure Warning System (LDWS)
  • Parking Assistance
  • Others

By End-Use Industry

  • Automotive
  • Rail
  • Marine
  • Aerospace & Defense
  • Others

Collision Avoidance Sensors Market Report Segment 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 and Africa

Company Profiles 

  • Robert Bosch GmbH
  • DENSO Corp
  • Aptiv Global Operations Ltd.
  • Autoliv Inc.
  • General Electric Co.
  • Raytheon Technologies Corp.
  • Honeywell International Inc.
  • ALSTOM Holdings
  • Siemens AG
  • Mobileye Vision Technologies Ltd.
  • L3Harris Technologies, Inc. (ACSS, LLC)
  • SAAB AB
  • Backer Mining System AG
  • Hexagon AB
  • Wabtec Corp.

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/collision-avoidance-sensors-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404