Market Overview:
The global collision mitigation system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced safety features in vehicles and the rising number of road accidents across the globe. The global collision mitigation system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into radar-based systems, camera-based systems, ultrasound-based systems, and LiDAR-based systems. The radar-based segment dominates this market owing to its low cost and high accuracy in detecting objects around a vehicle. By application, it is classified into light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and passenger cars segments.
Product Definition:
A collision mitigation system is a type of advanced driver assistance system that uses sensors to detect impending collisions and takes action to avoid or reduce the severity of a crash.
-To date, they are estimated to have prevented more than 2.6 million crashes.
Radar:
Radar is a radio-based detection system that uses radio waves to detect objects. The radar antennae send and receive signals, which are then processed by the computer to get information about the object. The technology has evolved over time from being used for military applications to commercial applications such as collision avoidance systems in cars or trucks.
Collision avoidance systems use various sensors and Global Positioning System (GPS) for detecting vehicles nearby.
Camera:
The camera is an essential part of any collision mitigation system. It helps the driver to view the road in front of him/her through a rearview mirror-like device, which is mounted on the windshield. The camera also provides a side view as well as a birds-eye view from behind, thereby helping drivers to avoid obstacles and other vehicles that are ahead or to his/her sides.
Application Insights:
The global market is segmented by application into light commercial vehicles, heavy commercial vehicles, and passenger cars. The LCV segment held the largest share in 2017 owing to the rising demand for such vehicles from developing countries in Asia Pacific and Latin America. Countries such as India, China and Brazil are investing heavily in infrastructure development which is likely to increase the need for large trucks that can carry goods efficiently across long distances. This factor along with increasing penetration of advanced safety systems is expected to drive growth over the forecast period.
The HCV segment accounted for a significant share of revenue on account of growing awareness about collision risks among business owners especially after an incident involving a heavy vehicle traveling at high speed and crashing into a bus shelter killing 16 people near Milton Keynes U.K., back in 2015.
Regional Analysis:
The North American regional market dominated the global industry in terms of revenue share in 2016. The growth can be attributed to the rising adoption of advanced safety technologies such as CM systems on account of stringent regulations imposed by regulatory bodies, such as National Highway Traffic Safety Administration (NHTSA), Department of Transportation (DOT) and Federal Motor Carrier Safety Administration (FMCSA).
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing road accidents that have resulted from poor driving habits and lack of proper training. According to WHO, approximately 1.5 million people die due to road traffic injuries every year in China alone. Moreover, growing investments by governments for implementation of high-tech safety solutions are anticipated favorably impact industry demand over the next eight years.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Growing awareness about the benefits of collision mitigation systems
- Government regulations mandating the installation of collision mitigation systems in new vehicles
- Technological advancements making collision mitigation systems more effective and affordable
- Rising number of accidents leading to increased demand for collision avoidance technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Collision Mitigation System Market Research Report
By Type
Radar, Camera, Ultrasound, LiDAR
By Application
Light Commercial Vehicles, Heavy Commercial Vehicles, Passenger Cars
By Companies
Autoliv, Delphi, Robert Bosch, Meritor WABCO, Bendix Commercial Vehicles Systems, Mitsubishi Motors North America, Mobileye, ZF Friedrichshafen
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Collision Mitigation System Market Report Segments:
The global Collision Mitigation System market is segmented on the basis of:
Types
Radar, Camera, Ultrasound, LiDAR
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
Light Commercial Vehicles, Heavy Commercial Vehicles, Passenger Cars
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:
- Autoliv
- Delphi
- Robert Bosch
- Meritor WABCO
- Bendix Commercial Vehicles Systems
- Mitsubishi Motors North America
- Mobileye
- ZF Friedrichshafen
Highlights of The Collision Mitigation System 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:
- Radar
- Camera
- Ultrasound
- LiDAR
- By Application:
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Passenger Cars
- 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 Collision Mitigation System 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.
How you may use our products:
- Correctly Positioning New Products
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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?
A collision mitigation system (CMS) is a safety technology that helps drivers avoid collisions. A CMS can be installed in vehicles to help prevent or reduce the severity of collisions.
Some of the key players operating in the collision mitigation system market are Autoliv, Delphi, Robert Bosch, Meritor WABCO, Bendix Commercial Vehicles Systems, Mitsubishi Motors North America, Mobileye, ZF Friedrichshafen.
The collision mitigation system market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Collision Mitigation System 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 Collision Mitigation System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Collision Mitigation System 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 Collision Mitigation System 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 Collision Mitigation System Market Size & Forecast, 2018-2028
4.5.1 Collision Mitigation System Market Size and Y-o-Y Growth
4.5.2 Collision Mitigation System Market Absolute $ Opportunity
Chapter 5 Global Collision Mitigation System 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 Collision Mitigation System Market Size Forecast by Type
5.2.1 Radar
5.2.2 Camera
5.2.3 Ultrasound
5.2.4 LiDAR
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Collision Mitigation System 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 Collision Mitigation System Market Size Forecast by Applications
6.2.1 Light Commercial Vehicles
6.2.2 Heavy Commercial Vehicles
6.2.3 Passenger Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Collision Mitigation System 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 Collision Mitigation System 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 Collision Mitigation System Analysis and Forecast
9.1 Introduction
9.2 North America Collision Mitigation System 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 Collision Mitigation System Market Size Forecast by Type
9.6.1 Radar
9.6.2 Camera
9.6.3 Ultrasound
9.6.4 LiDAR
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 Collision Mitigation System Market Size Forecast by Applications
9.10.1 Light Commercial Vehicles
9.10.2 Heavy Commercial Vehicles
9.10.3 Passenger Cars
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 Collision Mitigation System Analysis and Forecast
10.1 Introduction
10.2 Europe Collision Mitigation System 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 Collision Mitigation System Market Size Forecast by Type
10.6.1 Radar
10.6.2 Camera
10.6.3 Ultrasound
10.6.4 LiDAR
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 Collision Mitigation System Market Size Forecast by Applications
10.10.1 Light Commercial Vehicles
10.10.2 Heavy Commercial Vehicles
10.10.3 Passenger Cars
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 Collision Mitigation System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Collision Mitigation System 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 Collision Mitigation System Market Size Forecast by Type
11.6.1 Radar
11.6.2 Camera
11.6.3 Ultrasound
11.6.4 LiDAR
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 Collision Mitigation System Market Size Forecast by Applications
11.10.1 Light Commercial Vehicles
11.10.2 Heavy Commercial Vehicles
11.10.3 Passenger Cars
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 Collision Mitigation System Analysis and Forecast
12.1 Introduction
12.2 Latin America Collision Mitigation System 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 Collision Mitigation System Market Size Forecast by Type
12.6.1 Radar
12.6.2 Camera
12.6.3 Ultrasound
12.6.4 LiDAR
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 Collision Mitigation System Market Size Forecast by Applications
12.10.1 Light Commercial Vehicles
12.10.2 Heavy Commercial Vehicles
12.10.3 Passenger Cars
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) Collision Mitigation System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Collision Mitigation System 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) Collision Mitigation System Market Size Forecast by Type
13.6.1 Radar
13.6.2 Camera
13.6.3 Ultrasound
13.6.4 LiDAR
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) Collision Mitigation System Market Size Forecast by Applications
13.10.1 Light Commercial Vehicles
13.10.2 Heavy Commercial Vehicles
13.10.3 Passenger Cars
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 Collision Mitigation System Market: Competitive Dashboard
14.2 Global Collision Mitigation System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 Delphi
14.3.3 Robert Bosch
14.3.4 Meritor WABCO
14.3.5 Bendix Commercial Vehicles Systems
14.3.6 Mitsubishi Motors North America
14.3.7 Mobileye
14.3.8 ZF Friedrichshafen
