Forward Collision Warning System for Automotive Market :- Top Key Players are Wabtec Corporation, Siemens, Collins Aerospace., Alstom, GENERAL ELECTRIC

Forward Collision Warning System for Automotive Market

The Forward Collision Warning System for Automotive report includes key manufacturers covered, key market segments, scope of products offered in the global market, years considered, and study objectives. Additionally, it touches the segmentation study provided in the report on the basis of type of product and application. It gives summary of the key studies, market growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. Each key player profiled in this Forward Collision Warning System for Automotive report is studied on the basis of SWOT analysis, their products, production, value, capacity, and other vital factors. It encloses the complete examination, including an evaluation of the parent market.

Global Forward Collision Warning System for Automotive Market is expected to rise to an estimated value of USD 33.58 billion by 2026, registering a CAGR of 9.98% in the forecast period of 2019-2026. Rising demand for automated vehicles and rising safety awareness is the major factor for the growth of this market.

The Forward Collision Warning System for Automotive report precisely collects the information about effective factors for the Semiconductors and Electronics industry which includes customer behavior, emerging trends, product usage, and brand positioning. The market study carried out in this report analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors in the Semiconductors and Electronics industry. This market report also offers list of the chief competitors and provides the strategic insights and analysis of the key factors influencing the industry. Forward Collision Warning System for Automotive is the promising and most suitable market research report for the clients.

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Market Definition: Global Forward Collision Warning System for Automotive Market 

Forward collision warning system or collision avoidance system or collision mitigation system is specially designed system whose main aim is to reduce austerity of an accident. They are designed to eliminate the accidents between railways, marines, automobiles etc. It uses technologies like LiDAR, ultrasonic; RADAR etc. do detect the collisions. Blind spot detection, adaptive cruise control, lane departure warning system, etc. are some of the common forward collision warning system.

Market Drivers:

  • Increasing safety concerns is driving the growth of this market
  • Rising demand for automated vehicle is another factor acting as a driver for the growth of the market
  • Technological advancement and development is enhancing the growth in the market
  • Strict government regulation related to forward collision warning system is a key factor for the market growth

Market Restraints:

  • High installation cost is hindering the market growth
  • Presence of low- price carmaker is another factor restraining the growth of the market

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Segmentation: Global Forward Collision Warning System for Automotive Market 

By Type

  • Adaptive Cruise Control
  • Autonomous Emergency Braking
  • Lane Departure Warning System
  • Parking assistance
  • Blind Spot Detection
  • Others

By Technology

  • LiDAR
  • Ultrasonic
  • Camera

By Application

  • Automotive
  • Aerospace & Defense
  • Marine
  • Rail
  • Others

By Product Type

  • Airborne Collision Avoidance System
  • Traffic Collision Avoidance System
  • Terrain Awareness and Warning System
  • Ground Proximity Warning System
  • Portable Collision Avoidance System
  • Synthetic Vision
  • Obstacle Collision Avoidance System

By Sales Channel

  • OEM
  • Aftermarket

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific
  • Middle East and Africa
    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In March 2019, Conplant announced the launch of their new smart collision avoidance system namely Integrated Intelligent Collision Avoidance System (IICAS) which has the ability to slow down the machine whenever they detect any problem in the machine. The main aim of the launch is to meet the rising demand for safety among population. It also has True 3D Smart Cameras which have the ability to detect potential collisions.
  • In January 2019, Nanotron Technologies GmbH announced the launch of their new PDS2400 Collision Avoidance Solution (CAS) for open-pit mine safety. It is specially designed to supports collision awareness and proximity warning between fast moving vehicles. It also has ready-to-go system and turnkey which usually requires calibration before use. They have the ability to track objectswith an accuracy upto 10cm.

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Competitive Analysis: Global Forward Collision Warning System for Automotive Market 

Global forward collision warning system for automotive market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of forward collision warning system for automotive market for global, Europe, North America, Asia-Pacific and South America.

Major Market Competitors/Players: Global Forward Collision Warning System for Automotive Market 

Few of the major competitors currently working in the global forward collision warning system for automotive market are Delphi Technologies, Robert Bosch GmbH, DENSO CORPORATION, Autoliv Inc, Becker Mining, Wabtec Corporation, Siemens, Collins Aerospace., Alstom, GENERAL ELECTRIC, Honeywell International Inc, Saab AB, ZF Friedrichshafen AG, Continental AG, Gentex Corporation, Velodyne Lidar, Inc.

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