+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Collision Avoidance Systems - Global Market Trajectory & Analytics

  • ID: 4804230
  • Report
  • May 2021
  • Region: Global
  • 531 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Alstom SA
  • Becker Mining Systems AG
  • Delphi Automotive LLP
  • Infineon Technologies AG
  • Robert Bosch GmbH
  • Siemens AG

Global Collision Avoidance Systems Market to Reach US$62.8 Billion by the Year 2027


Amid the COVID-19 crisis, the global market for Collision Avoidance Systems estimated at US$40.7 Billion in the year 2020, is projected to reach a revised size of US$62.8 Billion by 2027, growing at a CAGR of 6.4% over the analysis period 2020-2027.Automotive, one of the segments analyzed in the report, is projected to grow at a 6.6% CAGR to reach US$21.5 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Construction & Mining segment is readjusted to a revised 7% CAGR for the next 7-year period. This segment currently accounts for a 23.9% share of the global Collision Avoidance Systems market.



The U.S. Accounts for Over 30% of Global Market Size in 2020, While China is Forecast to Grow at a 8% CAGR for the Period of 2020-2027


The Collision Avoidance Systems market in the U.S. is estimated at US$12.2 Billion in the year 2020. The country currently accounts for a 30.03% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$8.3 Billion in the year 2027 trailing a CAGR of 8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR while Rest of European market (as defined in the study) will reach US$8.3 Billion by the year 2027.

Aerospace Segment Corners a 20.4% Share in 2020


In the global Aerospace segment, USA, Canada, Japan, China and Europe will drive the 5.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.3 Billion in the year 2020 will reach a projected size of US$10.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.6 Billion by the year 2027.

Select Competitors (Total 83 Featured) -

  • Alstom SA
  • Analog Devices, Inc.
  • Autoliv, Inc.
  • Becker Mining Systems AG
  • Caterpillar Inc.
  • Continental AG
  • Delphi Automotive LLP
  • Denso Corporation
  • General Electric Company
  • Honeywell International, Inc.
  • Infineon Technologies AG
  • Murata Manufacturing Co. Ltd.
  • NXP Semiconductors N.V
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Rockwell Collins, Inc.
  • Saab AB
  • Siemens AG
  • Wabtec Corporation
  • ZF Friedrichshafen AG
Frequently Asked Questions about the Global Market for Collision Avoidance Systems

What is the estimated value of the Global Market for Collision Avoidance Systems?

The Global Market for Collision Avoidance Systems was estimated to be valued at $40.7 Billion in 2020.

What is the growth rate of the Global Market for Collision Avoidance Systems?

The growth rate of the Global Market for Collision Avoidance Systems is 6.4%, with an estimated value of $62.8 Billion by 2027.

What is the forecasted size of the Global Market for Collision Avoidance Systems?

The Global Market for Collision Avoidance Systems is estimated to be worth $62.8 Billion by 2027.

Who are the key companies in the Global Market for Collision Avoidance Systems?

Key companies in the Global Market for Collision Avoidance Systems include Alstom SA, Analog Devices, Inc., Autoliv, Inc., Becker Mining Systems AG, Caterpillar Inc., Continental AG, Delphi Automotive LLP, Denso Corporation and Honeywell International, Inc..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alstom SA
  • Becker Mining Systems AG
  • Delphi Automotive LLP
  • Infineon Technologies AG
  • Robert Bosch GmbH
  • Siemens AG
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP
  • Exhibit 1: World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
  • Exhibit 2: Global Reduction in CAPEX (in %) by Industry for FY2020
  • Exhibit 3: Global PMI Index Points for the Years 2018, 2019 & 2020
  • Collision Avoidance System (CAS): A Prelude
  • Key Components of Automotive Collision Avoidance Systems
  • Technologies Prevalent in Aerospace Collision Avoidance System
  • Steady Growth Projected for Collision Avoidance Systems Market
  • Recent Market Activity
  • SELECT WORLD BRANDS
  • Automotive Sector: Largest Consumer of CAS Technology
  • Collision Avoidance Technology Seeks Mainstream Role in Automotive Industry
  • Rising Importance of Road Traffic Safety Triggers Wider Uptake of Automotive CAS
  • With Millions Continuing to Die in PrevenTable Road Accidents, the Focus on Automobile Safety Has Never Been Higher: Number of Deaths Caused by Road Accidents Worldwide by Region for the Years 2017 & 2030
  • Collision Avoidance Technologies Hold Potential in Reducing Accidents
  • Despite the Impact of COVID-19, Long-term Growth for CAS to Ride on Recovering Automotive Industry Dynamics
  • Exhibit 4: Automotive Demand Reduction in Key Regions in 2020 (In Million Vehicles)
  • Exhibit 5: Post COVID-19 Recovery in Automobile Production to Spur Growth in Collision Avoidance Systems Market: World Automobile Production in Million Units for 2008-2022
  • Heavy Commercial Vehicles Market: A Key Indicator of Growth
  • Exhibit 6: World Commercial Vehicle Market Breakdown of Production Volume (in %) by Region for 2010, 2015 & 2019
  • Collision Avoidance Systems Poised to Improve Fleet Safety
  • Key Trends in Advanced Driver Assistance and Collision Avoidance Systems
  • Robust Long Term Opportunities for CAS in Construction and Mining Sectors
  • CAS in Construction Applications: Growth Prospects Remain Promising
  • Exhibit 7: Global Construction Spending (In US$ Trillion) for 2019, 2020 & 2021
  • Exhibit 8: Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Exhibit 9: Global Value of Megacity Construction Projects (US$ Billion) in 2019
  • CAS Remain Relevant in Mining Facilities
  • World Metals & Mining Industry by Material Category: A Snapshot
  • Exhibit 10: Leading Mining Nations in the World (2019): Percentage Breakdown of Mine Production Volume for Australia, China, Russia, USA, and Others
  • Aerospace - A Potential Market for Collision Avoidance System
  • Exhibit 11: Massive Negative Impact on Air Travel Leading to Weak Momentum in CAS Market: Global Airlines Performance by Region: 2020 Vs 2019
  • Sustained Emphasis on Improving Aircraft Safety Creates Fertile Environment for Aircraft CAS Market
  • Regulatory Stress on ACAS II (TCAS II) and ACAS X Widens Opportunities
  • Rise of UAVs Creates New Growth Avenue for Aircraft CAS
  • Collision Avoidance Sensors: Eye in the Sky
  • Exhibit 12: Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
  • CAS Gains Traction in Maritime Applications
  • Rising Commercial & Recreational Maritime Activity: Opportunity Indicator for Marine CAS
  • Commercial Shipping
  • Exhibit 13: World Seaborne Trade (in Billions of Cargo Ton Miles) for the Years 2015, 2017 and 2019
  • Recreational Shipping
  • Exhibit 14: World Cruise Passengers (in Millions) for the Years 2010, 2015 and 2019
  • CAS Comes to Fore to Enhance Safety of Railway Systems
  • Technology Improvements Aid Market Expansion
  • Latest Innovations in Collision Avoidance and Passenger Safety Systems
  • Certain Advanced Safety Systems Show Promise in Preventing Crashes
  • Effectiveness of FCW and AEB Systems in Avoiding Rear-End Collisions
  • Table 1: World Current & Future Analysis for Collision Avoidance Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Collision Avoidance Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 3: World 12-Year Perspective for Collision Avoidance Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2020 & 2027
  • Table 4: World Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 6: World 12-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2020 & 2027
  • Table 7: World Current & Future Analysis for Construction & Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Construction & Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 9: World 12-Year Perspective for Construction & Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2020 & 2027
  • Table 10: World Current & Future Analysis for Aerospace by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Aerospace by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 12: World 12-Year Perspective for Aerospace by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2020 & 2027
  • Table 13: World Current & Future Analysis for Railway by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Railway by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 15: World 12-Year Perspective for Railway by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2020 & 2027
  • Table 16: World Current & Future Analysis for Marine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Marine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 18: World 12-Year Perspective for Marine by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2020 & 2027
III. MARKET ANALYSIS
  • Market Overview
  • Table 19: USA Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: USA Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 21: USA 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 22: Canada Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 23: Canada Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 24: Canada 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 25: Japan Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Japan Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 27: Japan 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Market Overview
  • Table 28: China Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 29: China Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 30: China 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Market Overview
  • Table 31: Europe Current & Future Analysis for Collision Avoidance Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 32: Europe Historic Review for Collision Avoidance Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 33: Europe 12-Year Perspective for Collision Avoidance Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2015, 2020 & 2027
  • Table 34: Europe Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 35: Europe Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 36: Europe 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 37: France Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 38: France Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 39: France 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 40: Germany Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 41: Germany Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 42: Germany 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 43: Italy Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Italy Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 45: Italy 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 46: UK Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 47: UK Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 48: UK 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 49: Rest of Europe Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: Rest of Europe Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 51: Rest of Europe 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 52: Asia-Pacific Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 53: Asia-Pacific Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 54: Asia-Pacific 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
  • Table 55: Rest of World Current & Future Analysis for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 56: Rest of World Historic Review for Collision Avoidance Systems by Application - Automotive, Construction & Mining, Aerospace, Railway and Marine Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2019 and % CAGR
  • Table 57: Rest of World 12-Year Perspective for Collision Avoidance Systems by Application - Percentage Breakdown of Value Sales for Automotive, Construction & Mining, Aerospace, Railway and Marine for the Years 2015, 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 83
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Alstom SA
  • Analog Devices, Inc.
  • Autoliv, Inc.
  • Becker Mining Systems AG
  • Caterpillar Inc.
  • Continental AG
  • Delphi Automotive LLP
  • Denso Corporation
  • General Electric Company
  • Honeywell International, Inc.
  • Infineon Technologies AG
  • Murata Manufacturing Co. Ltd.
  • NXP Semiconductors N.V
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Rockwell Collins, Inc.
  • Saab AB
  • Siemens AG
  • Wabtec Corporation
  • ZF Friedrichshafen AG
Note: Product cover images may vary from those shown
Adroll
adroll