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The North America Collision Avoidance System Market would witness market growth of 9.1% CAGR during the forecast period (2017-2023). Collision Avoidance System is safety awareness or a warning system and it is designed to reduce the severity of a collision. These systems are majorly incorporated into automobiles and in mining to avoid major accidents. It is also known as pre-crash system, forward collision warning system, or collision mitigating system. The adoption of the technology helps in detecting imminent strikes by alerting the driver about a potential collision. Growing sales of sports, utility, and luxury vehicles would add to the market growth of the anti-collision systems. Leading players in the segment are already integrating basic collision avoidance systems into their mass-market models. Different technology-based collision avoidance systems such as radar, ultrasound, camera, and LiDAR, are technologies that offer active safety and pre-crash mitigation capabilities in motor vehicles. Radars used to pick accurate determination of distance and location of a given obstacle.
Based on Type, the market report segments the market into Adaptive Cruise Control, Parking Assistance, Lane Departure Warning System, Autonomous Emergency Braking, and Others. Based on Technology, the market report segments the market into RADAR, Camera, LiDar, and Ultrasonic. Based on Application, the market report segments the market into Automotive, Aerospace, Rail, and Marine. Based on Countries, the Collision Avoidance System market segments the market into US, Mexico, Canada, and Rest of North America. The market research report covers the analysis of key stake holders of the Collision Avoidance System Market.
Key companies profiled in the report include Delphi Automotive LLP, Robert Bosch GmbH, Denso Corporation, Autoliv, Inc., General Electric Company, Honeywell International, Inc., Rockwell Collins, Inc., Siemens AG, Wabtec Corporation, and Alstom SA.