DUBLIN--(BUSINESS WIRE)--The "Collision Avoidance Sensors Market Analysis Report By Application (Parking Assistance, Forward Collision Warning System), By Technology (Radar, Camera, Ultrasound), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global collision avoidance sensors market size is expected to reach USD 18.97 billion by 2025, displaying a 21.2% CAGR during the forecast period.

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 extensive focus on research and development by industry players have been major growth drivers for the market. 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.

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Collision Avoidance Sensors Industry Outlook

Chapter 4 Collision Avoidance Sensors Technology Outlook

Chapter 5 Collision Avoidance Sensors Application Outlook

Chapter 6 Collision Avoidance Sensors Regional Outlook

Chapter 7 Competitive Landscape

  • Continental AG
  • Delphi Automotive LLP
  • NXP Semiconductors
  • Infineon Technologies AG
  • Murata Manufacturing Co., Ltd.
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Sensata Technologies, Inc.
  • Takata Corporation
  • Texas Instruments, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/dmbmt2/global_collision?w=4

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Related Topics: Automotive Safety, Sensors