Market Overview:
The global backward collision avoidance radar market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for passenger cars and commercial vehicles, and the rising awareness about safety features in vehicles. The market is segmented by type, application, and region. By type, the market is segmented into ultrasonic radar, laser radar, microwave radar. Ultrasonic radars are expected to dominate the global backward collision avoidance radar market during the forecast period owing to their low cost and high accuracy. By application, passenger cars are expected to account for a major share of the global backward collision avoidance radar market duringthe forecast period owingto their growing popularity among consumers across regions. Commercial vehicles are also anticipatedto witness significant growthduringthe forecastperioddue in parttothe increasing demand for these vehiclesin emerging markets such as Chinaand India .
Product Definition:
Backward collision avoidance radar is a system that uses sensors to detect vehicles or objects that are approaching from behind and may pose a threat of collision. The system then provides warnings to the driver to help avoid a crash. Backward collision avoidance radar is important because it can help reduce the number of rear-end collisions, which are some of the most common types of accidents.
Ultrasonic Radar:
Ultrasonic radar is a remote sensing technology that emits high-frequency sound waves and measures the time it takes for the sound to return. The time measured is used to calculate distance. It works on the principle of elasticity of materials, wherein objects with higher elasticity such as rubber or plastic absorb more energy than those with lower elasticities such as concrete or steel.
The global ultrasonic radar market was valued at USD 1,19 billion in 2016.
Laser Radar:
Laser radar is a short-range, high power, and wideband laser technology that can be used for collision avoidance. It uses directed energy to generate a beam of light which is projected onto the windshield. The reflected beam helps in providing an accurate reading of the distance between vehicles and obstacles.
Application Insights:
The commercial vehicles segment held the largest share of over 70.0% in 2017. The need for avoiding rear-end collision when a vehicle is moving in reverse direction is increasing, especially on highways and other major roads. This factor has led to an increased demand for radar systems in commercial vehicles, which will help avoid back-end accidents and increase driving safety.
Passenger cars are expected to be the fastest growing application segment from 2018 to 2030 with a CAGR of XX%. Radar technology can be installed retrofitably into existing cars making them compatible with the system; therefore, many car manufacturers are opting for this technology as an affordable option compared to Adaptive Cruise Control (ACC).
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing cases of accidents and rising demand for vehicle safety systems. Europe also held a significant market share in 2017, due to growing adoption of these radars by law enforcement agencies as well as other government organizations for traffic management and surveillance purposes. Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 on account of increasing emphasis on road safety coupled with rapid urbanization and growth in automobile manufacturing industries across economies such as China, Japan, India, South Korea & Australia. Moreover, governments are increasingly focusing on deploying these systems not only at police stations but also at various other places including railway stations so that people can get information regarding upcoming trains or even via mobile app about upcoming alerts like fire alarm or Amber Alerts which need immediate attention from public authorities during emergency situations such as crime incidents or natural disasters etc.
Growth Factors:
- Increasing demand for advanced safety features in automobiles
- Growing awareness about the benefits of BCAR systems among consumers
- Proliferation of ADAS and autonomous vehicles across different segments
- Rising R&D investments by automakers to develop next-generation BCAR systems
- Stringent safety regulations governing the automotive industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Backward Collision Avoidance Radar Market Research Report
By Type
Ultrasonic Radar, Laser Radar, Microwave Radar
By Application
Passenger Cars, Commercial Vehicles
By Companies
Bosch, Denso, Fujitsu, Continental Corporation, Otto Liv, Delphi, Cherry, Valeo, Haila, Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Backward Collision Avoidance Radar Market Report Segments:
The global Backward Collision Avoidance Radar market is segmented on the basis of:
Types
Ultrasonic Radar, Laser Radar, Microwave Radar
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Denso
- Fujitsu
- Continental Corporation
- Otto Liv
- Delphi
- Cherry
- Valeo
- Haila
- Bosch
Highlights of The Backward Collision Avoidance Radar Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ultrasonic Radar
- Laser Radar
- Microwave Radar
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Backward Collision Avoidance Radar Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Backward collision avoidance radar is a system that uses radio waves to detect objects in front of the vehicle and provide information about their size, speed, and direction. This allows the driver to avoid collisions by braking or steering in the opposite direction.
Some of the key players operating in the backward collision avoidance radar market are Bosch, Denso, Fujitsu, Continental Corporation, Otto Liv, Delphi, Cherry, Valeo, Haila, Bosch.
The backward collision avoidance radar market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Backward Collision Avoidance Radar Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Backward Collision Avoidance Radar Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Backward Collision Avoidance Radar Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Backward Collision Avoidance Radar Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Backward Collision Avoidance Radar Market Size & Forecast, 2020-2028 4.5.1 Backward Collision Avoidance Radar Market Size and Y-o-Y Growth 4.5.2 Backward Collision Avoidance Radar Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ultrasonic Radar
5.2.2 Laser Radar
5.2.3 Microwave Radar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Backward Collision Avoidance Radar Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Backward Collision Avoidance Radar Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ultrasonic Radar
9.6.2 Laser Radar
9.6.3 Microwave Radar
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ultrasonic Radar
10.6.2 Laser Radar
10.6.3 Microwave Radar
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ultrasonic Radar
11.6.2 Laser Radar
11.6.3 Microwave Radar
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ultrasonic Radar
12.6.2 Laser Radar
12.6.3 Microwave Radar
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ultrasonic Radar
13.6.2 Laser Radar
13.6.3 Microwave Radar
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Backward Collision Avoidance Radar Market: Competitive Dashboard
14.2 Global Backward Collision Avoidance Radar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Denso
14.3.3 Fujitsu
14.3.4 Continental Corporation
14.3.5 Otto Liv
14.3.6 Delphi
14.3.7 Cherry
14.3.8 Valeo
14.3.9 Haila
14.3.10 Bosch