The Collision Avoidance System Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Collision Avoidance System Market?
The market size of the collision avoidance system has seen substantial growth lately. The market's worth was $45.75 billion in 2024 and it is expected to rise to $50.07 billion in 2025. The compound annual growth rate (CAGR) is projected to be 9.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Collision Avoidance System Industry?
By 2029, the collision avoidance system market is anticipated to reach $72.9 billion, growing at a CAGR of 9.8%.
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What are the Key Growth Drivers Fueling the Collision Avoidance System Market?
The key drivers in the collision avoidance system market are:
• The development and growth of smart cities and infrastructure
• Improved safety measures for pedestrians and cyclists
• Adoption of collision avoidance systems in emerging markets
• The increase in the popularity and production of autonomous vehicles
Global Market Segmentation: Identifying Major Collision Avoidance System Industry Segments
The collision avoidance system market covered in this report is segmented –
1) By Product: Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Lane Departure Warning System (LDWS), Parking Assistance, Other Products
2) By Technology: LiDAR, RADAR, Ultrasonic, Camera, Other Technologies
3) By Application: Automotive, Marine, Aerospace, Railways, Other Applications
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What are the Emerging Trends Shaping the Future of the Collision Avoidance System Market?
The key trends in the guar gum market are:
• The integration of electric and hybrid vehicles is an emerging trend in the collision avoidance system market.
• There's an increasing trend of incorporating innovation within the automotive industry.
• The integration of real-time data and AI is shaping the future of the collision avoidance system market.
• The adoption of 5G connectivity and vehicle-to-everything (V2X) communication is a significant trend gaining momentum.
Who Are the Top Competitors & Leading Players in the Collision Avoidance System Market?
Major companies in the collision avoidance system market are:
• ZF Friedrichshafen AG
• General Electric Company
• Mobileye Global Inc.
• Denso Corporation
• Robert Bosch GmbH
• Wabtec Corporation
• Alstom SA
• Autoliv Inc.
• Honeywell International Inc.
• Ride Vision Ltd.
• LILEE System Ltd.
• Hexagon AB
• Saab AB
• Rockwell Automation Inc.
• Hyundai Mobis
• Analog Devices
• Murata Manufacturing Co. Ltd.
• Infineon Technologies
• Panasonic Corporation
• Continental AG
• Siemens AG
• Aptiv Plc
• Magna International Inc.
• Valeo India Pvt. Ltd.
• NXP Semiconductors
• Texas Instruments Incorporated
• STMicroelectronics N.V.
• Renesas Electronics Corporation
• Aisin Seiki Co. Ltd.
• Sensata Technologies Inc.
• First Sensor AG
• LeddarTech Inc.
• Quanergy Systems Inc.
• Velodyne Lidar Inc.
• Ouster Inc.
• Luminar Technologies Inc.
Regional Dominance: Which Area Leads the Global Collision Avoidance System Market?
North America was the largest region in the collision avoidance system market in 2024
