Collision Avoidance System Market Analysis By Technology (Radar, Camera, Ultrasound, LiDAR), By Application (ACC, BSD, FCWS, LDWS, And Parking Assistance), By Region, And Segment Forecasts, 2018 - 2025

Industry Insights

The global anti-collision or Collision Avoidance System Market was valued at USD 3.57 billion in 2015 and is anticipated to gain momentum over the next few years. The market has witnessed growth over the past few years, owing to the high degree of development in the field of LiDAR, camera, radar, and ultrasound technologies. Luxury automakers continue to exploit the potential of such systems as a part of their active safety package.

The growing sales of sports, utility, and luxury vehicles are expected to drive the anti-collision systems industry growth. Some major automakers have already initiated the integration of basic collision avoidance systems into their mass-market models. For example, Toyota unveiled its technologies with pre-crash braking packages, auto-parking feature, auto-adjust headlamp, and vehicle communication devices and incorporated into its 2015 models.

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

Collision avoidance setup enables the reduction in the number of road accidents and mitigate the impact of such accidents on vehicle occupants and pedestrians.

The increasing awareness among consumers, updated ratings of safety agencies, and extensive R&D by industry players have fueled the anti-collision systems market growth. In January 2015, the U.S. National Highway Traffic Safety Administration (NHTSA) announced the addition of automatic emergency braking into its New Car Assessment Program (NCAP) to prevent crashes or reduce the severity of crashes or avoid such crashes.

Technology Insights

Different technology-based collision avoidance systems, such as radar, ultrasound, camera, and LiDAR, offer active safety and pre-crash mitigation capabilities to motor vehicles. Radars are preferred in the setup that require accurate determination of distance and location of any obstacle. Cameras, both vision, and infrared have a shorter field of view than radars but help in identifying the type of obstacle.

Ultrasound systems enable obstacle detection at short distances; they are inexpensive and are predominantly used in parking assistance. LiDAR-based anti-collision systems offer wide-view field and detailed imagery but are highly expensive and bulky for mass automobile production. Radar and camera-based collision avoidance systems are expected to gain significant market shares over the next six years.

Application Insights

The growth of the industry is fueled by the rising sales of Advanced Driver Assistance Systems (ADAS), such as adaptive cruise control, blind spot detection, forward collision warning setup, lane departure warning, and parking assistance, among others. Vehicles equipped with parking assistance make use of an array of ultrasound and vision-based anti-collision systems. For instance, BMW, Mercedes-Benz, Audi, and Infiniti have integrated surround-view cameras and ultrasonic systems in their cars for parking assistance.

U.S. Collision Avoidance System Market, by application, 2015 (USD Million)

Blind spot detection and lane departure warning setup that uses cameras and radar have gained prominence over the past few years, owing to their falling prices and are estimated to gain a significant market share over the next six years. Adaptive cruise controls are expected to account for a major share in the industry over the forecast period. Such systems employ long, short, and medium range radars to automatically adjust the vehicle’s speed.

Regional Insights

North America and Europe are mature markets of anti-collision systems as the advanced safety in motor vehicles have been mandated by government regulations in the region. For example, the Electronic Stability Control (ESC) standard is adopted in all the new vehicles since 2012 in the U.S. The European NCAP requires passenger vehicles to offer the emergency autonomous braking solution to achieve the agency’s highest safety rating.

Thus, North America and Europe are expected to account for a sizable share of the market due to the stringent regulations pertaining to road safety. The Asia Pacific anti-collision systems industry is expected to witness high growth over the forecast period, owing to the increased emphasis on the implementation of rigorous safety rules. The increase in purchasing power, GDP growth, high standard of living, and the rising premium cars’ sales are expected to drive the regional growth in the Asia Pacific and RoW regions.

Competitive Insights

The key players in the industry include Continental AG, Bosch, TRW automotive, Delphi Automotive, and Denso Corporation. The development of systems for 360-degree surveillance may provide a significant revenue growth opportunity for the industry players.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global Collision Avoidance System Market based on technology, application, and region:

• Technology Outlook (Revenue, USD Million; 2014 - 2025)

  • Radar

  • Camera

  • Ultrasound

  • LiDAR

• Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Adaptive Cruise Control (ACC)

  • Blind Spot Detection (BSD)

  • Forward Collision Warning (FCW)

  • Lane Departure Warning (LDW)

  • Parking Assistance

  • Others

• Regional Outlook (Revenue, USD Million; 2014 - 2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

  • Latin America

    • Brazil

    • Mexico

  • The Middle East & Africa (MEA)