North America Collision Avoidance Sensors Market Size & Outlook
North America collision avoidance sensors market highlights
- The North America collision avoidance sensors market generated a revenue of USD 1,610.9 million in 2023.
- The market is expected to grow at a CAGR of 14.5% from 2024 to 2030.
- In terms of segment, adaptive cruise control (acc) was the largest revenue generating application in 2023.
- Adaptive Cruise Control (ACC) is the most lucrative application segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 1,610.9 million |
| Market revenue in 2030 | USD 4,165.2 million |
| Growth rate | 14.5% (CAGR from 2023 to 2030) |
| Largest segment | Adaptive cruise control (acc) |
| Fastest growing segment | Adaptive Cruise Control (ACC) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adaptive Cruise Control (ACC) |
| Key market players worldwide | Continental AG, BorgWarner Inc, NXP Semiconductors NV, Infineon Technologies AG, Murata Manufacturing Co Ltd, Panasonic Holdings Corp, Robert Bosch Engineering & Business Solutions, Sensata Technologies Holding PLC, Texas Instruments Inc |
Other key industry trends
- In terms of revenue, North America region accounted for 28.3% of the global collision avoidance sensors market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,190.9 million by 2030.
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Collision Avoidance Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sensata Technologies Holding PLC | View profile | 19400 | 529 Pleasant Street, Attleboro, MA, United States, 02703 | https://www.sensata.com |
| BorgWarner Inc | View profile | 39900 | 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 | https://www.borgwarner.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Murata Manufacturing Co Ltd | View profile | 73828 | No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, Japan, 617-8555 | http://www.murata.co.jp |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
North America collision avoidance sensors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to collision avoidance sensors market will help companies and investors design strategic landscapes.
Adaptive cruise control (acc) was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America collision avoidance sensors market based on adaptive cruise control (acc) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of collision avoidance sensors market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America collision avoidance sensors market , including forecasts for subscribers. This continent databook contains high-level insights into North America collision avoidance sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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