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  • Collision Avoidance System Market Forecasts & Analysis
  • Market Opportunities
  • Latest Trends & Dynamics
  • Key Industry Analysis
  • Competitive Benchmarking

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REPORT SUMMARY

Industry OverviewThe global collision avoidance system (CAS) market is expected to witness strong growth. It will grow at a CAGR of 18.7% due to increasing expenditure on R&D activities in various industries. Automotive industry is expected to grow fastest owing to adoption of autonomous vehicles.
Report CoverageThe report provides an in-depth coverage of the market dynamics such as market drivers, challenges, and opportunities. The report provides the value chain analysis for the market. Global and US market forecasts have been provided along with the competitive landscape existing in the market.
Competitive LandscapeThe global collision avoidance system market will witness significant growth owing adoption of autonomous technology by various industries. The key players utilize innovation, diversification, geographical expansion and product differentiation to capture the market and step up the ladder.

The key players in the collision avoidance system market are Iris Automation, Mobileye, AINSTEIN.AI, Echodyn, Lytx, L3Harris, Collins Aerospace, Honeywell, and BAE Systems.

TABLE OF CONTENTS

Market Definition
Market Segmentation
Research Methodology
Market Drivers
Market Restraints / Challenges
Market Opportunities
Global and US Collision Avoidance System Market (in US$ Billion, 20162025)
Value Chain Analysis
Competitive Landscape

RESEARCH METHODOLOGY

MARKET SEGMENTATION

Collision Avoidance System Market Segmentation by Technology
LiDAR
Radar
Camera
Ultrasonic
Others
CAS Market Segmentation by Types
Automatic Braking System
Forward Collision System
Machine to Machine/Infrastructure CAS
Others
CAS Market Segmentation by End-user
Manufacturing
Automotive
Construction
Aerospace
Defense
Others
CAS Market Segmentation by Region
North America
Asia Pacific
Europe
Middle East & Africa
South America

Collision Avoidance System Infographic

What does a collision avoidance system do?

Collision avoidance systems help vehicles, machines and aircrafts to avoid obstacles by giving alerts or taking action directly. It uses various sensors such as LiDAR, radar, camera and others to identify imminent crashes. System must give accurate warnings to drivers who have to take measures to avoid collisions. If safety applications offer too many false warnings when no imminent threat exists, drivers could begin to ignore valid warnings. Implementing such system for cars increases the overall cost of the system and therefore adoption will be slow in some industries due rise in operational cost. With technology getting affordable in near future, collision avoidance technology will witness growth. CAS for cars will grow rapidly owing to increasing demand of unmanned aerial vehicles in various industries such as defense, research, logistics, surveillance and others. UAVs use sensors to detect obstacles such as walls, buildings, tree branches and others in outdoor environments.

Do collision avoidance systems work?

1. Automatic braking system: Automotive manufacturers have increased investments and partnerships with other vendors to develop advance collision avoidance system cars. Autonomous vehicles will be increasingly adopted both as passenger vehicles and for industrial operations. Industries such as mining will be adopting autonomous vehicles for transporting coal, ore and other items. Vehicles such as autonomous trucks and autonomous forklifts with crash avoidance systems will foresee significant penetration.

2. Forward collision System: System senses object in front of it and transmits alerts to avoid collision. Advanced technologies such as robotics are poised to foresee strong adoption. Collaborative robots work directly with humans, unlike traditional robots which are kept in cages. Automatic collision avoidance systems are embedded into robots to enable a safe work environment. Robots are used for activities such as pick and place components, painting of parts, drilling and others. These robots are expected to have significant adoption in near future. Collaborative robots will need highly accurate CTAs to enable a safe working environment. 

3. Machine to machine/infrastructure collision avoidance system: There is a need to adopt vehicle CAS to avoid machinery damage with others machines and objects. For instance, cranes use laser Crane Anti-Collision which protects this expensive material handling equipment and prevents accidents or collisions with people, materials and equipment. Aircrafts use TCAS (traffic collision avoidance system) to prevent midair collision by determining distance, and altitude with other aircraft. Due to growing demand of aircrafts in commercial and defense applications, CAS demand has grown. 

Global Collision Avoidance System Market Insights:

The global collision avoidance system market is analyzed to grow a rapid rate from US$ 15.4 Billion in 2019 to $30.2 billion in 2025 at a CAGR of 18.7%. Increasing investments among automotive manufacturers in R&D activities, to enable safety of aircrafts, need to reduce maintenance and repair cost and government initiatives are some of the factors driving growth in the global CAS and aftermarket CAS market. Collision warning system or anti collision system has adoption across various industries such as manufacturing, automotive, construction, aerospace, defense and others. Aerospace industry is expected to have the largest contribution towards the overall adoption of accident avoidance system. Automotive industry will witness sharp demand for collision mitigation system owing to increasing adoption of self-driving or autonomous vehicles.