Global Collision Avoidance Systems Market to Reach $24.99 Billion By 2023 - Allied Market Research

PORTLAND, Oregon and PUNE, India, November 30, 2017 /PRNewswire/ --

According to a recent report published by Allied Market Research, titled, "Collision Avoidance System Market by Type, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global collision avoidance system market was valued at $13.18 billion in 2016, and is projected to reach at $24.99 billion by 2023, growing at a CAGR of 9.7% from 2017 to 2023.

     (Logo: http://photos.prnewswire.com/prnh/20140911/647229 )
In 2016, UK dominated the market in Europe; similarly, the U.S. led the overall market in North America. At present, Europe dominates this market, followed by North America. China dominates the market in Asia-Pacific.

Do Enquiry for Sample Report@ https://www.alliedmarketresearch.com/request-sample/2380

Increase in demand for automated vehicles plays a vital role in driving the automobile collision avoidance system market. In addition, improved visibility & enhanced safety supplements the growth of the market. However, high installation cost hampers the market.

In 2016, the adaptive cruise control (ACC) segment dominates the global collision avoidance systems in type segment, in terms of revenue. However, based on technology, RADAR led the global market followed, by camera in 2016.

Automotive segment led the collision avoidance systems market by application in 2016. However, marine segment is anticipated to depict highest CAGR throughout the forecast period.

Do Enquiry before purchasing Report@ https://www.alliedmarketresearch.com/purchase-enquiry/2380

KEY FINDINGS OF THE STUDY 

  • Adaptive cruise control type generated the highest revenue of the global collision avoidance systems market in 2016.
  • In 2016, the RADAR technology generated the highest revenue among the collision avoidance systems market.
  • LAMEA is anticipated to exhibit a highest CAGR during the forecast period.
  • In 2016, the automotive application segment contributed the highest market shares in the collision avoidance system market.

The key players profiled in the report include Delphi Automotive LLP, Robert Bosch GmbH, Denso Corporation, Autoliv, Inc., General Electric Company, Rockwell Collins, Inc., Honeywell International, Inc., Siemens AG, Alstom SA, and Wabtec Corporation.

Ask for discount before buying@ https://www.alliedmarketresearch.com/get-discount/2380

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Dhananjay Potle
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune) : +91-20-66346060
Fax : +1⟨855⟩550-5975
help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

SOURCE Allied Market Research



Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos and customised feeds just for media.

View and download archived video content distributed by MultiVu on The Digital Center.

 

Get content for your website

Enhance your website's or blog's content with PR Newswire's customised real-time news feeds.
Start today.

 

 
 

Contact PR Newswire

Send us an email at indiasales@prnewswire.co.in or call us at +91 22 6169 6000

 

 
 

Become a PR Newswire client

Request more information about PR Newswire products & services or call us at +91 22 6169 6000

 

 
  1. Products & Services
  2. Knowledge Centre
  3. Browse News Releases
  4. Contact PR Newswire