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Collision Avoidance System Market Share

Report ID: GMI7374
Published Date: Nov 2023
Report Format: PDF

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Collision Avoidance System Market Share

The major enterprises dominating the competitive landscape of the collision avoidance system industry include:

Autoliv Inc.
Aviation Communication & Surveillance Systems LLC
Becker Mining Systems AG
Delphi Automotive Plc. (Aptiv)
Denso Corporation
Hexagon AB
Mobileye N.V.
Rockwell Collins Inc. (Collins Aerospace)
Wabtec Corporation
Robert Bosch GmbH.

Robert Bosch GmbH and Delphi Automotive Plc. (Aptiv) holds the largest market share, the extensive industry experience and impeccable reputation in the automotive sector make them trusted names among automakers with a global presence encompassing manufacturing, sales, and operations, they offer collision avoidance systems that cater to diverse regional markets. Both companies invest significantly in research and development, ensuring they stay at the forefront of technological advancements and maintain an edge in the fast-evolving field of advanced driver assistance systems (ADAS).

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market valuation of collision avoidance system was reached USD 58.2 billion in 2022 and is anticipated to expand at a CAGR of over 5% from 2023 to 2032, attributed to the rollout of stringent government regulations and safety standards reduce accidents and improve road safety.

The automotive application segment accounted for 30% of collision avoidance system market revenue share in 2022 and is likely to record steady growth through 2032, due to increasing demand to enhance road safety.

North America collision avoidance system industry held 32% of revenue share in 2022 and is estimated to witness significant growth between the 2023 and 2032, due to the stricter safety regulations and standards for spurring the integration of the systems in vehicles.

Some of the major collision avoidance system companies are Denso Corporation, Autoliv Inc., Aviation Communication & Surveillance Systems LLC, Delphi Automotive Plc. (Aptiv), Becker Mining Systems AG, Hexagon AB, Rockwell Collins Inc. (Collins Aerospace), Wabtec Corporation, and Robert Bosch GmbH, among others.