Collision avoidance sensors are safety systems, which are designed to detect obstacles in the path and reduce the risks of accidents. These systems are based on the principle of SONAR used in submarines and ships.
They are extensively used in cars, aircrafts, and other automotive vehicles. Increased incorporation of collision avoidance sensors in self-driving cars & supersonic jets and rise in demand for these systems in niche applications fuel the growth of the market. Collaborations and mergers of automotive and defense industries have resulted in innovation of new products, which can be integrated with collision avoidance sensors.
Market Analysis and Insights: Global Collision Avoidance Sensor Market
The global Collision Avoidance Sensor market was valued at US$ 5719.2 in 2020 and will reach US$ 11300 million by the end of 2027, growing at a CAGR of 12.0% during 2022-2027.
Global Collision Avoidance Sensor Scope and Market Size
The global Collision Avoidance Sensor market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Collision Avoidance Sensor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Radar
LiDAR
Ultrasound
Others
Segment by Application
Marine
Aerospace & Defense
Automotive
Others
The Collision Avoidance Sensor market is analysed and market size information is provided by regions (countries). Segment by Application, the Collision Avoidance Sensor market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Continental AG
Bosch
TRW automotive
Delphi Automotive
Denso Corporation
They are extensively used in cars, aircrafts, and other automotive vehicles. Increased incorporation of collision avoidance sensors in self-driving cars & supersonic jets and rise in demand for these systems in niche applications fuel the growth of the market. Collaborations and mergers of automotive and defense industries have resulted in innovation of new products, which can be integrated with collision avoidance sensors.
Market Analysis and Insights: Global Collision Avoidance Sensor Market
The global Collision Avoidance Sensor market was valued at US$ 5719.2 in 2020 and will reach US$ 11300 million by the end of 2027, growing at a CAGR of 12.0% during 2022-2027.
Global Collision Avoidance Sensor Scope and Market Size
The global Collision Avoidance Sensor market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Collision Avoidance Sensor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Radar
LiDAR
Ultrasound
Others
Segment by Application
Marine
Aerospace & Defense
Automotive
Others
The Collision Avoidance Sensor market is analysed and market size information is provided by regions (countries). Segment by Application, the Collision Avoidance Sensor market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Continental AG
Bosch
TRW automotive
Delphi Automotive
Denso Corporation
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