North America Collision Avoidance Sensor Market Size

North America Collision Avoidance Sensor Market Size to 2027

North America Collision Avoidance Sensor Market By Sensor Type (Radar, Camera, Ultrasound, Lidar and Others), By Application (Adaptive Cruise Control (ACC), Forward Collision Warning System (FCWS), Blind Spot Detection (BSD), Lane Departure Warning System (LDWS), Parking Assistance, Autonomous Emergency Braking and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027

Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support

Published Date : October-2021 | Number of Pages : 115 | Format : PDF

COVID-19

Get in-depth analysis of the COVID-19 impact on the North America Collision Avoidance Sensor Market

Market Report Description

The North America Collision Avoidance Sensor Market would witness market growth of 11.2% CAGR during the forecast period (2021-2027).

Deployment and inclusion of collision avoidance sensors in passengers, as well as commercial vehicles, are likely to lead to a decline in road accidents while offering better protection to vehicle occupants. Moreover, some of the major factors that fuel the growth of the global market are strict government regulations and guidelines about the integration of vehicle safety features.

The growth of the collision avoidance sensor market would witness new growth avenues due to the higher consumer awareness, updated safety ratings by the concerned authorities, and increased focus on R&D activities by the automobile markets. For example, in January 2015, the U.S. National Highway Traffic Safety Administration (NHTSA) introduced the inclusion of automatic emergency braking systems into its New Car Assessment Program (NCAP) with an aim to avoid and/or decrease the intensity of crashes.

North America is a well-established market for integrating collision avoidance systems in vehicles. In addition, the region is home to some of the leading market players that can bolster its position in the global market. The deployment of advanced safety systems has been made necessary by government norms in this region.

The region has remained at the forefront of adopting the latest & advanced technologies. Moreover, the region is likely to acquire a significant revenue share of the global market. The growth of the regional collision avoidance sensor market is fueled by the increasing up-gradations in sensor technologies and the high adoption of these sensors in the industries like mining, railways, and construction. The vehicle integrated with these safety sensors comes at a high cost. In the last few years, the consumers of the region have witnessed a spur in their disposable income due to which their purchasing power of non-essential goods has increased dramatically. Therefore, this section of the population can easily afford these vehicles, thereby creating new growth avenues for the players operating in the regional collision avoidance sensors market.

The US market dominated the North America Blind Spot Detection (BSD) Collision Avoidance Sensor Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $210.3 Million by 2027. The Canada market is experiencing a CAGR of 14.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 13.4% during (2021 - 2027).

Based on Sensor Type, the market is segmented into Radar, Camera, Ultrasound, Lidar and Others. Based on Application, the market is segmented into Adaptive Cruise Control (ACC), Forward Collision Warning System (FCWS), Blind Spot Detection (BSD), Lane Departure Warning System (LDWS), Parking Assistance, Autonomous Emergency Braking and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Collision Avoidance Sensor Market is Estimated to Reach USD 8.8 Billion by 2027 at a CAGR of 11.9%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Continental AG, NXP Semiconductors N.V., Infineon Technologies AG, Panasonic Corporation, Robert Bosch GmbH, Denso Corporation, Honeywell International, Inc., Texas Instruments, Inc., Sensata Technologies Holdings PLC, and Murata Manufacturing Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Sensor Type

  • Radar
  • Camera
  • Ultrasound
  • Lidar
  • Others

By Application

  • Adaptive Cruise Control (ACC)
  • Forward Collision Warning System (FCWS)
  • Blind Spot Detection (BSD)
  • Lane Departure Warning System (LDWS)
  • Parking Assistance
  • Autonomous Emergency Braking
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Continental AG
  • NXP Semiconductors N.V.
  • Infineon Technologies AG
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Denso Corporation
  • Honeywell International, Inc.
  • Texas Instruments, Inc.
  • Sensata Technologies Holdings PLC
  • Murata Manufacturing Co., Ltd.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

Global Collision Avoidance Sensor Market Report 2021-2027

Europe Collision Avoidance Sensor Market Report 2021-2027

Asia Pacific Collision Avoidance Sensor Market Report 2021-2027

LAMEA Collision Avoidance Sensor Market Report 2021-2027

Purchase Report

 1500
 1800
 2520

Special Pricing & Discounts

  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities