The Pre-Collision Technology Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Pre-Collision Technology Global Market Report 2024, The pre-collision technology market size is expected to see strong growth in the next few years. It will grow to $80.52 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to advanced driver-assistance systems, connected vehicle technology, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication, autonomous vehicles electrification and lightweighting. Major trends in the forecast period include enhanced sensor fusion, AI-powered collision prediction, pedestrian and cyclist detection, adaptive cruise control integration, continuous software updates and improvements.
Increasing demand for autonomous vehicles is expected to propel the growth of the pre-collision technology market going forward. An autonomous vehicle, or self-driving automobile, is a vehicle that can sense its surroundings and operate without human intervention. Pre-collision technology is used in autonomous cars to detect and mitigate possible collisions by utilizing cameras, sensors, radar, and software to increase safety and avoid accidents. For instance, in 2022, according to the Insurance Institute for Highway Safety, a US-based independent, nonprofit scientific, and educational organization, it is estimated that around 3.5 million self-driving vehicles are expected to be on US roads by 2025 and 4.5 million by 2030. Additionally, it is estimated that 75% of cars on the roads in the world are expected to be autonomous by 2040. Therefore, increasing demand for autonomous vehicles is driving the pre-collision technology market.
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The pre-collision technology market covered in this report is segmented –
1) By Product: Parking Assistance, Lane Departure Warning System (LDWS), Autonomous Emergency Braking (AEB), Adaptive Cruise Control (ACC), Other Products
2) By Technology: Camera, Ultrasonic, Radio Detection And Ranging (RADAR), Light Detection And Ranging (LiDAR), Other Technologies
3) By Application: Automotive, Aviation, Railway, Mining, Marine, Other Applications
Major companies operating in the pre-collision technology market are focused on technologically advanced products, such as collision avoidance systems, to strengthen their position in the market. A collision avoidance system is a piece of safety equipment meant to prevent or lessen the severity of a collision. For instance, in June 2023, Wabtec Corporation, a US-based company that offers equipment, systems, and digital solutions, launched the Generation 3 Collision Avoidance System (CAS). The Generation 3 CAS has a new, cleaner, and plainer user interface and context-based voice alerts created with the most recent human factor design principles. It replaces beeps-and-buzzer analog technology with smart, discrete, directed, and auditory alerts. This interface allows operators to operate without distractions and respond immediately to auditory notifications. The new system will improve safety and productivity while also providing the latest level of performance through its rules and intelligence capabilities.
The pre-collision technology market report table of contents includes:
- Executive Summary
- Pre-Collision Technology Market Characteristics
- Pre-Collision Technology Market Trends And Strategies
- Pre-Collision Technology Market - Macro Economic Scenario
- Global Pre-Collision Technology Market Size and Growth
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- Global Pre-Collision Technology Market Competitive Benchmarking
- Global Pre-Collision Technology Market Competitive Dashboard
- Key Mergers And Acquisitions In Pre-Collision Technology Market
- Pre-Collision Technology Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Toyota Motor Corporation
- Robert Bosch GmbH
- Siemens AG
- General Electric Company
- Hitachi Automotive Systems
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This report studies the global Collision Avoidance Technology market status and forecast, categorizes the global Collision Avoidance Technology market size (value & volume) by manufacturers, type, application, and region.
This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa) The major manufacturers covered in this report • Continental• Bosch Mobility Solutions• Delphi Automotive• TRW Automotive• AWTI• Ford Motor• GENTEX• Preco Electronics• Renault Group• Safe Drive Systems• Subaru of America• Toyota Download Free Sample Report @ https://www.radiantinsights.com/research/global-collision-avoidance-technology-market-research-report-2019/request-sample Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering• North America• Europe• China• Japan• Southeast Asia• India We can also provide the customized separate regional or country-level reports, for the following regions:• North America• United States• Canada• Mexico• Asia-Pacific• China• India• Japan• South Korea• Australia• Indonesia• Singapore• Rest of Asia-Pacific• Europe• Germany• France• UK• Italy• Spain• Russia• Rest of Europe• Central & South America• Brazil• Argentina• Rest of South America• Middle East & Africa• Saudi Arabia• Turkey• Rest of Middle East & Africa Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-collision-avoidance-technology-market-research-report-2019 On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into• ACC• BSD• FCW• LDWSOn the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including• OEM• Aftermarket The study objectives of this report are:• To analyze and study the global Collision Avoidance Technology capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);• Focuses on the key Collision Avoidance Technology manufacturers, to study the capacity, production, value, market share and development plans in future.• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.• To define, describe and forecast the market by type, application and region.• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.• To identify significant trends and factors driving or inhibiting the market growth.• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market• To strategically profile the key players and comprehensively analyze their growth strategies.
Read all Reports of this category @ https://www.radiantinsights.com/catalog/automotive About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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