Anti-Collision Sensor Market By Application (Forward Collision Warning System, Adaptive Cruise Control, Blind Spot Monitor, Lane Departure Warning System, Parking Sensor, and Others), By Technology (Radar, Ultrasonic, Camera, LiDar, and Others), and By End-User (Aerospace and Defense, Automobile, Rail, Maritime, and Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2018–2025

Global anti-collision sensor market expected to reach USD 20.98 billion by 2025, at a rate of 19.18% between 2019 and 2025. An anti-collision sensor is a safety system designed to avoid and reduce collision severities. It finds its use in many sectors like automobile, drones, defense, and others.

19-Jul-2019 | Number of pages: 126 | Report Code: ZMR-3566 | Report Format : | Status : Published

Analysis

An anti-collision sensor is a safety system designed to avoid and reduce collision severities. It finds its use in many sectors like automobile, drones, defense, and others. These sensors use a lot of inputs like radar, laser, and camera to detect obstacles and approaching stop signals from a location database and send warnings to the driver. When the crash becomes threatening, these sensors take corrective actions automatically. The increasing events of road accidents and growing need for owning a car for daily commute are driving the anti-collision sensor market. Developed economies are now inclined toward automated systems and driverless cars, which makes it mandatory for the inclusion of anti-collision sensors. Moreover, stringent road safety norms and increasing concentration toward road safety are probable growth factors of the anti-collision sensor market globally. Technological advancements and increasing competition among e-commerce giants like Amazon that desire implementing drones for deliveries will further drive this market. These drones have to avoid heavy air traffic and any other objects like birds, which makes anti-collision sensors a basic necessity for drones. Growing investments in defense systems by Germany, Russia, the U.S., and India are significantly contributing to this market. However, the anti-collision sensor market is not feasible for small- and medium-sized manufacturers due to the high sensors cost.

On the basis of application, adaptive cruise control is used significantly in the automobile sector. This system applies brakes automatically when it detects the car to be approaching another one. Adaptive cruise control is known by various other names and is implemented in a lot of cars manufactured by Jaguar, Nissan, Audi, Ford, Toyota, Mercedes Benz, Renault, Tesla, etc. The growing need for intelligent car systems is supporting the market for adaptive cruise control. Lane departure warning system has also become an important specification in cars, which notifies the drivers when the car is moving out of its lane. With the rapidly growing use of sensors in automobiles, this system forms a major element of various cars. In the U.S., various studies are underway whether to make these systems mandatory for cars.

The Asia Pacific anti-collision sensor market is expected to grow substantially, owing to the rapid use of cars in developing economies of India and China. India’s passenger vehicles market is estimated to be the third largest in the world by 2021. Rapid urbanization and government policies support the country’s growing car usage. Japan’s extensive network of automated rails throughout the country can be credited to its concept of a decentralized transportation system.

Some prominent players in the global anti-collision sensor market are Denso Corporation, Robert Bosch, Continental, Texas Instruments, ZF Friedrichshafen, TRW Automotive, NXP Semiconductor, Aisin Seiki, Delphi Automotive, and Autoliv AB.


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