Electric Power Distribution Automation Systems Market Anticipated to Achieve Lucrative Growth by 2025

San Francisco, 3 July 2019 – “Electric Power Distribution Automation Systems Market Analysis By Implementation (Substation Automation, Feeder Automation, Consumer Side Automation), By Application, By Region And Segment Forecasts, [2018 – 2025]”

The global electric power distribution automation systems market is expected to reach USD 23.7 billion by 2025, according to a new report conducted by Grand View Research, Inc. The rise in the adoption of smart grids & funding initiatives is projected to spur the demand for distribution automation systems. The growing investments in transmission & distribution are expected to remain a key driver.

The global electric power distribution automation systems market is anticipated to witness a high growth over the forecast period, owing to the replacement of aging infrastructure across the globe. The emergence of smart cities is expected to further catapult the automation products market growth over the next nine years.

China electric power distribution automation systems market by application, 2014 – 2025 ($Million)

China electric power distribution automation systems market

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/electric-power-distribution-automation-systems-market

Further key findings from the report suggest:

  • The implementation of automation systems in substation automation is projected to exhibit a significant growth at a CAGR exceeding 6% from 2016 to 2025 as the energy and power utilities are extremely focused on minimizing distribution and transmission losses, which has resulted in the increasing deployment of substation automation.
  • The industrial application segment is expected to gain prominence over the forecast period with an estimated CAGR exceeding 6%, which is accredited to the rising need of installing distribution automation systems by utilities across the globe.
  • Asia Pacific emerged as the fastest-growing market and is expected to witness a healthy CAGR of over 7%. The need to replace old transmission and distribution power infrastructure is driving the demand for electricity utilities across Asia Pacific to strengthen its power infrastructure.
  • The key purveyors in this industry comprise ABB Ltd., Eaton Corporation, General Electric, Itron, Inc., Schneider Electric, and Siemens AG, among others.

View more reports of this category by Grand View Research at
www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented the global electric power distribution automation systems market on the basis of implementation, application, and region:

Implementation Outlook (Revenue, USD Million; 2014 – 2025)

  • Substation automation
  • Feeder automation
  • Consumer side automation

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Industrial
  • Commercial
  • Residential

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-electric-power-distribution-automation-systems-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Automatic Emergency Braking (AEB) Market Witness a Healthy Growth Till 2024

San Francisco, 25 June 2019 – “Automatic Emergency Braking (AEB) Market Analysis And Regional Segment Forecasts Till 2024”

AEB systems occupy a position in the ‘forward collision avoidance & warning’ systems portfolio that addresses inattentive driving or oversight by notifying when a collision is imminent via visual, audio, or haptic signals. Forward collision warning systems rely on the driver’s discretion to successfully avoid the collision and, in some cases, automatically brake the vehicle if the driver fails to do so. AEB systems would reduce the number of crashes and help in improving traffic safety.

The incorporation of motion sensors into motor vehicles enable the monitoring of the driver’s attentiveness, which helps to prevent road accidents and augments the safety and security needs of people. Sensors with attached AEBs, wireless connectivity, predictive analytics, and context aware algorithms enable the evolution of smart automobile that are capable of making autonomous and intelligent decisions.

Collision avoidance sensors significantly reduce the number of fatalities caused due to road accidents, which not only benefits the car occupants but also pedestrians, cyclists, and other vehicle occupants. Technological advancements and R&D are expected to provide cost-effective solutions for the automotive LiDAR technology, which, at present, is bulky and extremely expensive for automotive applications.

Global AEB Market, 2014 – 2024 (Thousand units)

Global AEB Market

The AEB systems market is poised for a sharp growth in the years to come, owing to the surge in efforts toward the development of fully autonomous cars. Self-driving vehicles operate with the help of onboard computers that are fed data through an array of sensors. The mass production and consumer adoption of autonomous self-driving vehicles may offer a significant growth opportunity for the AEB systems market.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/automatic-emergency-braking-aeb-market

Further key findings from the report suggest:

  • The installation base of advanced safety features is increasing exponentially. Alcohol ignition interlocks, emergency call systems, and accident data recorder systems are some examples of technologies where future demand is expected to spur the market growth.
  • South America is anticipated to witness a delayed adoption of this technology due to several governmental regulations with respect to road traffic. Furthermore, the absence of regional technology providers may also delay the adoption of this technology in South America.
  • Consumers in the UK have a high preference for tech-savvy products, due to which the AEB system adoption is anticipated to be a perfect fit for the same
  • The key players in the AEB market include Robert Bosch GmbH (Germany), Autoliv Inc. (Sweden), and ZF Friedrichshafen AG (ZF TRW) (U.S.). Companies are focusing on developing innovative products to minimize the production cost.

Grand View Research has segmented the AEB market on the basis of region:

  • AEB Regional Outlook (Volume, Thousand units, 2014 – 2024)
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-automatic-emergency-braking-aeb-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Photonics Market Anticipated to Achieve Profitable Growth by 2024

San Francisco, 24 June 2019 – “Photonics Market Analysis By Product (Waveguides, Optical Modulators, Optical Interconnects, LEDs, Wavelength Division Multiplexer Filters, Photo Detectors, Lasers, Amplifier), By Application (Consumer Electronics, Displays, Safety & Defense Technology, Communication, Metrology, Sensing, Medical & Healthcare, High-performance Computing) And Segment Forecasts To 2024”

The global photonics market size is expected to reach USD 979.90 billion by 2024, according to a new report by Grand View Research, Inc. The prospects for market growth can be attributed to rapid innovations in the industry for the development of technologically-enhanced products and related services, as well as growing opportunities for the new market development.

Photonics is regarded as one of the Key Enabling Technologies (KETs) in the recent past, leading to the development of new products and services with substantial economic benefits. The broad diversity of devices with photonic-based components is expected to impact the global demand for this technology positively. Photonics is a technologically advanced field, being at the forefront of innovation and R&D and is thus presumed to incorporate substantial growth prospects over the forecast period.

The industry encompasses a broad scope of applications based on photonic-based products, which are anticipated to drive the dynamic emergence of new economic activities in the potential markets. The emergence of green and sustainable photonic-based solutions, such as Photovoltaic (PV) solar cells, is envisioned to drive the industry over the forecast period, owing to the increasing support by both local governments and consumers.

The industry encompasses substantial opportunities for growth over the next eight years. The key impact of photonics technology on energy supply is presumed to offer enhanced PV efficiency in the next-generation solar cells to make PV cost-competitive with fossil fuel electricity generation. Advanced products, such as polycrystalline silicon PV, thin film PV, dye-sensitized PV, and further new developments, such as embedding nanoparticles into solar cells and nanostructure substrates, are expected to boost the demand for photonic components in renewable energy sources over the forecast period.

North America photonics market by product, 2015 – 2024 (USD Billion)

photonics-market.png

However, significant initial investments and absence of proper international standards in the technology are expected to challenge the industry growth over the forecast period. The high cost of technology and risk of thermal effect haveled to the limited commercialization of this technology worldwide. Moreover, technology obsolescence and growing presence of counterfeit technologies across the globe are anticipated to challenge the industry growth in the near future.

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/photonics-market

Further key findings from the report suggest:

  • Light Emitting Diodes (LEDs) accounted for approximately 10% of the overall market share in 2015 and are presumed to grow at a considerable rate over the forecast period owing to the introduction of new legislations and policies worldwide to boost the adoption of highly efficient and renewable energy devices. LEDs are energy-efficient, high-performance, and environment-friendly alternatives to traditional light bulbs. Further developments alongside organic and inorganic LEDs, such as light emitting nanowires and quantum dots, and large areas light-emitting plastics, are presumed to boost the demand over the next eight years.
  • Lasers are anticipated to witness a substantial growth over the forecast period, growing at an estimated CAGR of over 7% from 2016 to 2024. The growth in this segment can be primarily attributed to rapid developments in the industry to incorporate miniature laser projection units as a light source in next-generation pico-projectors. Lasers are being increasingly used in the production of textiles and clothing as well as fine chemicals and pharmaceuticals.
  • Displays are anticipated to emerge as a predominant application segment over the next eight years owing to increasing developments of sharper, better color, energy-efficient, cheaper, and thin display devices. The increasing adoption of flexible displays, miniaturized displays, holographic displays, enhanced touch, and motion feedback displays are anticipated to lead to new product development and enhancement of existing products.
  • In terms of revenue, North America dominated the global photonics market in 2015 and is expected to retain its dominance over the forecast period. The demand in this region is mainly driven by the increasing adoption of advanced technologies. The U.S. is presumed to encompass significant investments in the form of public spending and government funding for the R&D of photonic-enabled technologies. Europe is presumed to witness a considerable growth over the forecast period, owing to the growing establishment of research facilities for further development of thistechnology.

View more reports of this category by Grand View Research at
www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented the global photonics market on the basis of product, application, and region.

Photonics Product Outlook (Revenue, USD Billion, 2015 – 2024)

  • Waveguides
  • Optical modulators
  • Optical interconnects
  • LEDs
  • Wavelength Division Multiplexer (WDM) filters
  • Photo detectors
  • Lasers
  • Amplifiers

Photonics Application Outlook (Revenue, USD Billion, 2015 – 2024)

  • Consumer electronics
  • Displays
  • Safety & defense technology
  • Communication
  • Metrology
  • Sensing
  • Medical & healthcare
  • High-performance computing

Photonics Regional Outlook (Revenue, USD Billion, 2015 – 2024)

  • North America
  • Europe
  • Asia Pacific
  • RoW

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-photonics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Smart Fitness Market Is Anticipated to Witness Higher Demands Till 2025

San Francisco, 4 June 2019 – “Smart Fitness Market Analysis By Product (Smartwatch, Wristband, Smart Clothing, Smart Shoes, Bike Computers, Others), By Type (Head-wear, Torso-wear, Hand-wear, Leg-wear, Bike mount), By Region, And Segment Forecasts, [2018 – 2025]

The global smart fitness devices market is expected to reach USD 29.4 billion by 2025, according to a new report by Grand View Research, Inc. The smart fitness devices market has witnessed a rising demand among the growing urban population in a bid to enhance their fitness goals. Advantages such as accessing fitness activities data in remote and real-time operations have resulted in an increased penetration of the market. Additionally, there are tremendous opportunities for advancements in the smart fitness devices owing to the increasing usage of smartphones and enhanced internet accessibility, which, in turn, would fuel the growth of smart fitness market. The growing adoption of the smart fitness devices to keep track of sleep, steps, calories, heart rate, and other bodily stats is anticipated to revolutionize the market by 2025.

The smart fitness devices market has been segmented based on product into the smartwatch, wristband, smart clothing, smart shoes, bike computers, and others. Based on types, the market has been segmented into head-wear, torso-wear, hand-wear, leg-wear, and bike mount. The hand-wear segment is the biggest segment in terms of size and is expected to dominate the market over the forecast period. This growth may be attributed to the high demand of wristbands and smartwatches. The torso-wear segment is anticipated to experience a notable shift in its growth owing to the rising demand for smart clothing.

The growing awareness and popularity of smart fitness products are encouraging producers to invest in research & development for creating better products. Manufacturers are making massive investments to develop several new products in order to enhance user experience. Researchers are focusing on developing cost-effective and reliable products.

china-smart-fitness-market

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/smart-fitness-devices-market

Further key findings from the report suggest:

  • The growing demand for smart fitness devices market can be accredited to the increasing demand among individuals for keeping track of various body parameters such as heart rate, sleep, steps taken, calories burned, and others.
  • The growing penetration of Internet of Things (IoT) and enhanced internet accessibility, which helps to direct digital controls for improved Machine-to-Machine (M2M) communication, have encouraged users to adopt smart fitness devices.
  • The increase in adoption of wireless technology, sensor technology, miniaturized hardware, cloud services, and smartphone have enabled smart fitness market to emerge as a new promising consumer segment.
  • The North American region accounted for the largest market share in 2016, which may be attributed to its large consumer base.
  • Key industry participants include Apple Inc. (U.S.), Fitbit Inc. (U.S.), Garmin Ltd. (Switzerland), Samsung Electronics Co., Ltd. (South Korea), and Xiaomi Inc. (China).

View more reports of this category by Grand View Research at
www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented the smart fitness market based on products, types, and regions:

Product Outlook (Revenue, USD Million; 2014 – 2025)

  • Smartwatch
  • Wristband
  • Smart Clothing
  • Smart Shoes
  • Bike Computers
  • Others

Type Outlook (Revenue, USD Million; 2014 – 2025)

  • Head-wear
  • Torso-wear
  • Hand-wear
  • Leg-wear
  • Bike mount

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
  • South America
    • Brazil
  • Middle East & Africa (MEA)

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-smart-fitness-devices-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Power Bank Market Predicted to Reach Beyond $27.75 Billion by 2025

San Francisco, 4 June 2019 – “Power Bank Market Size, Share & Trends Analysis Report By Capacity Range, By Distribution Channel (Online, Offline), By Battery Type, By Energy Source (Electric, Solar), By End User, And Segment Forecasts, [2018 – 2025]

The global power banks market size is anticipated to reach USD 27.75 billion by 2025 expanding at a CAGR of 18.4% during the forecast period, according to a new report by Grand View Research. Currently, power banks are one of the essential mobile accessories. Increasing demand for power banks and intense competition in the market has led to a reduction in their prices. This is expected to help boost the market growth over the coming years. Rising use of internet and insufficient battery capacity of smartphones and other mobile consumer electronic products are the key factors driving the growth in sales of power banks globally.

Growth in GDP, increased consumer purchasing power, and improved living standards are propelling the growth of the electronics market, which, in turn is driving the power banks market. The 8,001 mAh-20,000 mAh capacity range segment is expected to register the highest CAGR over the forecast period owing to the capacity of these power banks to charge a device multiple times.

The Asia Pacific region led the market in terms of revenue in 2017.Factors, such as growing population and rising penetration of e-commerce in the electronics industry, are augmenting the demand for power banks in Asia Pacific. Thus, the region is expected to witness a significant gain in revenue share over the forecast period. The lithium-ion battery segment held the largest market share in 2017.Lithium-ion batteries offer numerous advantages, such as relatively low self-discharging, high energy density, and low maintenance.

us-power-bank-market

To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/power-banks-market

Further key findings from the study suggest:

  • The online distribution channel segment is expected to witness substantial growth over the forecast period owing to the growing number of internet users
  • The electric power banks segment accounted for the largest market share in 2017
  • However, the solar power banks segment is expected to register the fastest CAGR from2018 to 2025
  • Countries including U.S., China, Japan, India, and Mexico are expected to witness considerable growth over the forecast period owing to robust industrial development and extensive urbanization
  • Major companies in the global power banks market include Beijing Xiaomi Technology Co. Ltd.; Lenovo Group Ltd.; Microsoft Corporation; Panasonic Corporation; Sony Corporation; ASUS TeK Computer, Inc.; Anker Technology Co.; Intex Technologies; and Ambrane India Private Ltd.

View more reports of this category by Grand View Research at
www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented global power banks market on the basis of capacity range, energy source, battery type, end user, distribution channel, and region.

Power Banks Capacity Range Outlook (Revenue, USD Billion, 2014 – 2025)

  • Up to 3,000 mAh
  • 3,001 mAh-8,000 mAh
  • 8,001 mAh-20,000 mAh
  • Above 20,000 mAh

Power Banks Energy Source Outlook (Revenue, USD Billion, 2014 – 2025)

  • Electric
  • Solar

Power Banks Battery Type Outlook (Revenue, USD Billion, 2014 – 2025)

  • Lithium-Ion Batteries
  • Lithium Polymer Batteries

Power Banks End User Outlook (Revenue, USD Billion, 2014 – 2025)

  • Industrial/B2B
  • Consumer Electronics

Power Banks Distribution Channel Outlook (Revenue, USD Billion, 2014 – 2025)

  • Online
  • Offline

Power Banks Regional Outlook (Revenue, USD Billion, 2014 – 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East & Africa (MEA)

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-power-bank-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Collision Avoidance System Market Opportunities To Reach $18.97 Billion By 2025

San Francisco, 9 November 2018 – The global collision avoidance system market is expected to reach USD 18.97 billion by 2025, according to a new study conducted by Grand View Research, Inc. The updated ratings of safety agencies and incorporation of anti-collision systems in mass-market models are expected to propel the market growth over the next six years.

The increasing awareness among consumers and extensive R&D by market players have fueled the market growth. Collision avoidance systems enable vehicles to carry out semi-autonomous and autonomous decision-making. The rising need for security from consumers and governments is also expected to drive the collision avoidance systems market growth.

U.S. Collision Avoidance System Market by technology, 2014 – 2025 (USD Million)

us-collision-avoidance-system-market

The recent developments in the sensor technology are oriented toward making highly sophisticated devices and augmenting them with various parts of an automobile. Anti-collision systems enable automotive OEMs to integrate additional intelligence to achieve the goal of an autonomous car.

Strict legal and regulatory standards have mandated the inclusion of sensors in motor vehicles. This is further estimated to drive the collision avoidance systems market. However, the high costs of long-range radars and LiDAR-based systems may restrain the market growth as low-price carmakers may abstain from adding onto the cost of vehicles.

Browse Research Report On Collision Avoidance System Market :
www.grandviewresearch.com/industry-analysis/collision-avoidance-system-market

Further key findings from the study suggest:

  • Radar-based systems accounted for over 41% of the global market in 2015. The segment is further expected to gain market share over the forecast period.
  • The reducing prices of radars have led to the increased adoption of the technology by various automotive OEMs
  • Camera-based collision avoidance systems are expected to witness high growth, owing to the government regulations mandating their incorporation into vehicles
  • Adaptive cruise control accounted for a major market share in 2015. Such systems rely on long-range and medium and short-range radar systems to automatically adjust a vehicle’s speed.
  • Technological innovations may mandate the incorporation of systems in vehicles to counter the threat of accidents due to human errors, which account for 90% of accidents, according to a 2014 UN Road Safety Collaboration study
  • Europe is expected to continue to lead the market over the forecast period. It accounted for over 33% of the market in 2015.
  • The key industry participants include Bosch, Continental, Delphi, Denso, Autoliv, and TRW, among others

View more reports of this category by Grand View Research at
www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented the global collision avoidance system market based on technology, application, and region:

Collision Avoidance System Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Radar
  • Camera
  • Ultrasonic
  • LiDAR

Collision Avoidance System Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Adaptive Cruise Control (ACC)
  • Blind Spot Detection (BSD)
  • Forward Collision Warning System (FCWS)
  • Lane Departure Warning System (LDWS)
  • Parking Assistance
  • Others

Collision Avoidance System Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Mexico
    • Brazil
  • The Middle East and Africa

Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-collision-avoidance-system-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Collision Avoidance System Market Is To Be $18.97 Billion By 2025: Grand View Research, Inc.

The global collision avoidance system market is expected to reach USD 18.97 billion by 2025, according to a new study conducted by Grand View Research, Inc. The updated ratings of safety agencies and incorporation of anti-collision systems in mass-market models are expected to propel the market growth over the next six years.

The increasing awareness among consumers and extensive R&D by market players have fueled the market growth. Collision avoidance systems enable vehicles to carry out semi-autonomous and autonomous decision-making. The rising need for security from consumers and governments is also expected to drive the collision avoidance systems market growth.

us-collision-avoidance-system-market
U.S. Collision Avoidance System Market by technology, 2014 – 2025 (USD Million)

The recent developments in the sensor technology are oriented toward making highly sophisticated devices and augmenting them with various parts of an automobile. Anti-collision systems enable automotive OEMs to integrate additional intelligence to achieve the goal of an autonomous car.

Strict legal and regulatory standards have mandated the inclusion of sensors in motor vehicles. This is further estimated to drive the collision avoidance systems market. However, the high costs of long-range radars and LiDAR-based systems may restrain the market growth as low-price carmakers may abstain from adding onto the cost of vehicles.

Browse full research report on Collision Avoidance System Market: www.grandviewresearch.com/industry-analysis/collision-avoidance-system-market          

Further key findings from the study suggest:                     

  • Radar-based systems accounted for over 41% of the global market in 2015. The segment is further expected to gain market share over the forecast period.
  • The reducing prices of radars have led to the increased adoption of the technology by various automotive OEMs
  • Camera-based collision avoidance systems are expected to witness high growth, owing to the government regulations mandating their incorporation into vehicles
  • Adaptive cruise control accounted for a major market share in 2015. Such systems rely on long-range and medium and short-range radar systems to automatically adjust a vehicle’s speed.
  • Technological innovations may mandate the incorporation of systems in vehicles to counter the threat of accidents due to human errors, which account for 90% of accidents, according to a 2014 UN Road Safety Collaboration study
  • Europe is expected to continue to lead the market over the forecast period. It accounted for over 33% of the market in 2015.
  • The key industry participants include Bosch, Continental, Delphi, Denso, Autoliv, and TRW, among others

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/semiconductors-and-electronics     

Grand View Research has segmented the global collision avoidance system market based on technology, application, and region:

Collision Avoidance System Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Radar
  • Camera
  • Ultrasonic
  • LiDAR

Collision Avoidance System Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Adaptive Cruise Control (ACC)
  • Blind Spot Detection (BSD)
  • Forward Collision Warning System (FCWS)
  • Lane Departure Warning System (LDWS)
  • Parking Assistance
  • Others

Collision Avoidance System Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Mexico
    • Brazil
  • The Middle East and Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-collision-avoidance-system-market                                              

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com