Automotive Collision Avoidance System Market is predicted to reach USD 161.71 billion at a CAGR of 8.00% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Automotive Collision Avoidance System Market” that contains information from 2018 to 2032. The Automotive Collision Avoidance System Market is estimated to register a CAGR of 8.00% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Automotive Collision Avoidance System Market — Aptiv Plc (Republic of Ireland), Robert Bosch GmbH (Germany), General Electric Company (US), Denso Corporation (Japan), and Honeywell International, Inc. (US). Siemens AG (Germany), Alstom SA (France), Rockwell Collins, Inc. (US), and Hexagon AB (Sweden)


Market Highlights


The global Automotive Collision Avoidance System Market is accounted to register a CAGR of 8.00% during the forecast period and is estimated to reach USD 161.71 billion by 2032.


The Automotive Collision Avoidance System market refers to the industry that produces and sells technologies designed to prevent or mitigate collisions between vehicles and other obstacles. These systems use various sensors, cameras, radar, LiDAR, and other advanced technologies to detect potential collisions and warn the driver or even take autonomous actions to avoid accidents.


Segment Analysis


The global Automotive Collision Avoidance System Market has been segmented based on Type, Technology, and Vehicle Type.


The Automotive Collision Avoidance System market segmentation based on type includes ACC, AEB, blind spot detection, lane departure warning, and others. The ACC segment dominates the market. This is due to the collision avoidance system maintaining a safe distance between vehicles by automatically adjusting the vehicle's speed based on the vehicle's speed ahead—the increasing demand for vehicle safety features.


Based on the Technology, the Automotive Collision Avoidance System market segmentation includes Radar, Lidar, Cameras, and Others. The Radar segment dominates the market. This is because radar is a widely used technology in the automotive industry. It offers advantages such as high accuracy and long-range detection capabilities, and the increasing demand for radar-based collision avoidance systems in mid-range and high-end vehicles is expected to drive the growth of this segment.


Based on vehicle type, the Automotive Collision Avoidance System market segmentation includes passenger cars, commercial vehicles and Electric Vehicle. Due to the rising adoption of luxury automobiles, Passenger Cars will dominate the market in 2022. Passenger automation remains the largest market for both keypad and keypad-less entry. The need for enhanced security and technological advancement has been a primary driver of market expansion. Whereas,  the electric vehicle segment is the fastest-growing segment during the forecast period. This is due to the increasing adoption of electric vehicles and the growing demand for advanced safety features.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Collision Avoidance System Market share


Regional Analysis


The global Automotive Collision Avoidance System Market , based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World . The North American automotive collision avoidance system market will dominate due to the increasing awareness among consumers of vehicle safety and vehicle safety government regulations. Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Europe's Automotive Collision Avoidance System market accounts for the second-largest market share owing to the growth of the aerospace & defense sector. Further, the German Automotive Collision Avoidance System market held the largest market share, and the UK Automotive Collision Avoidance System was the fastest-growing market in the European Region.


The Asia-Pacific Automotive Collision Avoidance System Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the increasingly stringent regulations regarding installing collision avoidance systems. Automotive and, construction & mining sectors are expected to drive the market. Moreover, China’s Automotive Collision Avoidance System market held the largest market share, and the Indian Automotive Collision Avoidance System market was the fastest-growing market in the Asia-Pacific region.


Key Findings of the Study



  • The global Automotive Collision Avoidance System Market is expected to reach USD 161.71 billion by 2032, at a CAGR of 8.00% during the forecast period.

  • The Asia-Pacific Automotive Collision Avoidance System Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the increasingly stringent regulations regarding installing collision avoidance systems. Automotive and, construction & mining sectors are expected to drive the market.  

  • The Automotive Collision Avoidance System market segmentation based on type includes ACC, AEB, blind spot detection, lane departure warning, and others. The ACC segment dominates the market.  

  • Aptiv Plc (Republic of Ireland), Robert Bosch GmbH (Germany), General Electric Company (US), Denso Corporation (Japan), and Honeywell International, Inc. (US). Siemens AG (Germany), Alstom SA (France), Rockwell Collins, Inc. (US), and Hexagon AB (Sweden)

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Report details
Companies Covered 15
Pages 100
Certified Global Research Member
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