Anti-collision Sensor Market

29 Apr

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Anti-collision Sensor Market Poised to Grow at a CAGR of 16.9% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Anti-Collision Sensor Market. The report presents analysis of global as well as regional markets of anti-collision sensor market over the period of 2016 to 2024.The growing demand of safety systems in the passenger vehicles is the key factor driving the growth of the anti-collision sensor market. The anti-collision sensor provides the safe and reliable technical solutions to the automobile that in turns reduces the collision. The anti-collision sensors are majorly used in the automotive sector that holds approximately 37% shares of the total market. In addition, the rising percentage of vehicular accidents are expected to boost the demand of anti-collision sensor market. According to the association for safe international road travel, Nearly 1.3 million people die in road crashes each year, on average 3,287 deaths a day globally. Furthermore, the growing implantation of anti-collision sensors in the various transport system is anticipated to escalate the growth of the anti-collision market. The anti-collision sensors are becoming an important part of various transport vehicles such as rails to avoid any unwanted accidents. The factor such as ongoing research and development activities in the technology of the sensors is contributing to the growth of the anti-collision sensors market. However, less adoption of the anti-collision sensor is hampering the growth of anti-collision sensors market. Moreover, Growing Unmanned aerial vehicles (UAVs) applications in the various sectors including military, agriculture and many others are projected to create the various opportunities in the anti-collision sensors market over the forecast period.

Among the geographies, North America holds the largest market share of approximately 32% in the Anti-collision Sensors market. The growing adoption and implementation of anti-collision sensors in the automated transportation system are driving the growth of anti-collision sensors in North America region.  The presence of aviation, defense and automobile industries in the North America region is contributing to the growth of the anti-collision sensors market in this region. Furthermore, Asia Pacific is the fastest growing region in the anti-collision sensors market owing to the high demand of passenger cars and car safety systems. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global anti-collision sensor market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global anti-collision sensor market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1835

 

The recent report identified that North America dominated the global anti-collision sensor market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the anti-collision sensor market worldwide.

 

The report segments the global anti-collision sensor market on the basis of Technology, Application and End use Industry.

 

Global Anti-collision Sensor Market by Technology

·         Radar Sensor

·         Ultrasonic Sensor

·         LiDar Sensor

·         Camera Sensor

 

Global Anti-collision Sensor Market by Application

·         Adaptive Cruise Control

·         Blind Spot Monitor

·         Forward Collision Warning System

·         Lane Department Warning System

·         Parking Sensor

 

Global Anti-collision Sensor Market by End Use Industry

·         Automotive

·         Aerospace And Defense

·         Industrial

·         Rail

·         Others

 

Companies Profiled in the Report

·         Robert Bosch GmbH

·         Denso Corporation

·         Continental AG

·         ZF Friedrichshafen

·         Delphi Automotive

·         TRW Automotive

·         NXP Semiconductor

·         Texas Instruments

·         Aisin Seiki Co

·         Autoliv AB

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.