Product Code: GVR-2-68038-843-5
Collision Avoidance Sensors Market Growth & Trends:
The global collision avoidance sensors market size is anticipated to reach USD 15.09 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 15.3% from 2024 to 2030. The integration of anti-collision systems in mass-market vehicles and updated safety ratings of agencies are expected to fuel market growth over the next few years.
Increasing consumer awareness and an extensive focus on research and development by industry players have been major growth drivers for the market. The installation of collision avoidance systems allows vehicles to perform autonomous and semi-autonomous decision-making. Growing demand for vehicle security by consumers and government vehicle safety regulatory agencies is also expected to drive the growth of the collision avoidance sensors market.
Recent technological developments in sensors are focused on building highly sophisticated devices and augmenting their performance using various components of the vehicle. Anti-collision systems enable automotive OEMs to integrate additional intelligence to accomplish the goal of developing an autonomous vehicle.
Stringent regulatory and legal standards have mandated the addition of sensors to enhance safety features in vehicles. These are expected to drive demand for collision avoidance sensors over the forecast period. However, high cost of LiDAR-based systems and long-range radars may cause a hindrance to market growth as manufacturers of low-priced cars may refrain from installing sensors to avoid increase overall price of vehicles.
Collision Avoidance Sensors Market Report Highlights:
- The adaptive cruise control (ACC) segment dominated the market and accounted for a market revenue share of 26.9% in 2023. As concerns regarding road safety continue to rise, consumers and regulatory agencies increasingly demand enhanced safety features in vehicles.
- Radar technology accounted for the largest market revenue share in 2023. Developing high-resolution radar sensors with improved angular resolution and better object discrimination capabilities allows for more precise detection of potential hazards.
- The automotive sector accounted for the largest market revenue share in 2023. As EV adoption accelerates globally due to environmental concerns and government incentives, manufacturers increasingly incorporate advanced safety features into these vehicles.
- Asia Pacific collision avoidance sensors market is anticipated to witness the fastest growth during the forecast period.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Collision Avoidance Sensors Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.3.4. Industry Challenges
- 3.4. Collision Avoidance Sensors Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Collision Avoidance Sensors Market: Technology Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Collision Avoidance Sensors Market: Technology Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Radar
- 4.3.1. Radar Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Camera
- 4.4.1. Camera Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Ultrasound
- 4.5.1. Ultrasound Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.6. LiDAR
- 4.6.1. LiDAR Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.7. Others
- 4.7.1. Other Technologies Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Collision Avoidance Sensors Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Collision Avoidance Sensors Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Adaptive Cruise Control (ACC)
- 5.3.1. Adaptive Cruise Control (ACC) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Blind Spot Detection (BSD)
- 5.4.1. Blind Spot Detection (BSD) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Forward Collision Warning System (FCWS)
- 5.5.1. Forward Collision Warning System (FCWS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Lane Departure Warning System (LDWS)
- 5.6.1. Lane Departure Warning System (LDWS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Parking Assistance
- 5.7.1. Parking Assistance Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.8. Others
- 5.8.1. Others Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Collision Avoidance Sensors Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Collision Avoidance Sensors Market: End Use Movement Analysis, 2023 & 2030 (USD Billion)
- 6.3. Automotive
- 6.3.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Aerospace & Defense
- 6.4.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Maritime
- 6.5.1. Maritime Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6. Rail
- 6.6.1. Rail Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.7. Others
- 6.7.1. Other End Uses Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Collision Avoidance Sensors Market: Regional Estimates & Trend Analysis
- 7.1. Collision Avoidance Sensors Market Share, By Region, 2023 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Canada Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. U.K.
- 7.3.2.1. U.K. Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
- 7.3.3.1. Germany Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.4. France
- 7.3.4.1. France Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
- 7.4.2.1. China Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. Japan
- 7.4.3.1. Japan Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.4. India
- 7.4.4.1. India Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6. Australia
- 7.4.6.1. Australia Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Saudi Arabia Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.3. UAE
- 7.6.3.1. UAE Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Collision Avoidance Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles
- 8.4.1. Continental AG
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Delphi Automotive LLP
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. NXP Semiconductors.
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Infineon Technologies AG
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Murata Manufacturing Co., Ltd
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Panasonic Corporation
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. Robert Bosch GmbH
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Sensata Technologies, Inc.
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Joyson Safety Systems
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Texas Instruments Incorporated
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Recent Developments/ Strategic Initiatives