PUBLISHER: The Business Research Company | PRODUCT CODE: 1662510
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662510
Anti-collision sensors play a crucial role in detecting obstacles in the path of a moving vehicle, enabling the driver or the vehicle's autonomous system to take action to prevent a collision. Widely used in various contexts, reverse sensors are particularly popular in automobiles, and similar sensors are commonly found in automated guided vehicles in factory and warehouse settings. This technology represents a modern innovation designed to enhance collision avoidance in vehicles.
The primary vehicle types for anti-collision sensors include passenger cars and commercial vehicles. Passenger cars, defined as road motor vehicles meant to transport passengers with a seating capacity of no more than nine people (including the driver), benefit from various sensor technologies. These technologies encompass camera sensors, lidar sensors, radar sensors, and ultrasonic sensors, employed in applications such as forward collision warning systems, blind-spot monitors, lane departure warning systems, parking sensors, and adaptive cruise control. Anti-collision sensors find applications across diverse industries, including aerospace and defense, automotive, industrial, rail, and others.
The anti-collision sensor market research report is one of a series of new reports from The Business Research Company that provides anti-collision sensor market statistics, including anti-collision sensor industry global market size, regional shares, competitors with a anti-collision sensor market share, detailed anti-collision sensor market segments, market trends and opportunities, and any further data you may need to thrive in the anti-collision sensor industry. This anti-collision sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The anti-cancer mabs market size has grown rapidly in recent years. It will grow from $65.35 billion in 2024 to $71.92 billion in 2025 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to stringent safety regulations, rising road traffic accidents, automotive industry growth, consumer awareness, urbanization and congestion, insurance industry incentives.
The anti-cancer mabs market size is expected to see strong growth in the next few years. It will grow to $104.9 billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to autonomous and semi-autonomous vehicles, pedestrian and cyclist safety, government initiatives for road safety, electric vehicle market growth, demand for efficient transportation. Major trends in the forecast period include advancements in lidar technology, integration of radar and camera systems, adoption of v2x communication, miniaturization and integration in smartphones, cybersecurity considerations.
Increased road accidents are projected to drive the growth of the anti-collision sensor market. These accidents involve at least one vehicle on public roads, resulting in injuries or fatalities. Anti-collision sensor systems, utilizing radar, cameras, GPS, and AI, aim to prevent crashes and reduce mishaps by warning or assisting drivers. Augmented traffic congestion has contributed to the surge in accidents, highlighted by statistics from August 2022 by the National Highway Traffic Safety Administration (NHTSA), where the fatality rate rose to 1.27 per 100 million vehicle miles traveled, up from 1.25 in the same period in 2021. Additionally, the World Health Organization (WHO) reported over 1.3 million annual fatalities in road traffic accidents as of June 2022, further emphasizing the driving force behind the anti-collision sensor market.
The expansion in automotive production is anticipated to fuel the growth of anti-collision sensor technology. This sector involves the mass production of vehicles such as cars, trucks, buses, and motorcycles in specialized facilities utilizing large-scale assembly lines. Anti-collision sensors integrated into vehicles significantly contribute to road safety by identifying obstacles, pedestrians, and other vehicles, offering real-time data to automated systems or drivers for prompt evasive actions. August 2023 data from the Board of Governors of the Federal Reserve System noted a rise in total vehicle production in the United States to 11.77 million units in July, up from 10.91 million units in June. Consequently, this surge in automotive output is a driving force behind the expansion of the anti-collision sensor market.
Major companies in the anti-collision sensors market are developing advanced products, such as collision avoidance technology, to improve vehicle safety and decrease the likelihood of accidents through real-time detection and prevention systems. Collision avoidance technology refers to safety systems designed to prevent or lessen the severity of vehicle accidents by identifying potential obstacles or hazards in the vehicle's path. For example, in March 2022, Hexagon, a US-based technology company, introduced the HxGN MineProtect Collision Avoidance System (CAS 10). This advanced system integrates and connects sensors, software, in-field applications, and cloudware to enhance safety and operational efficiency in mining operations. It offers comprehensive 360-degree awareness for operators, providing crucial insights into the locations of vehicles, assets, and personnel in open-pit mines, thereby helping to avert potential collisions. The system alerts operators in real time about possible collision risks, aiding in accident prevention.
Leading companies in the anti-collision sensor market are creating innovative products, such as driver-assistive systems, to boost vehicle safety, minimize accidents, and enhance overall driving experiences. Driver-assistive systems are technologies intended to improve vehicle safety and enhance the driving experience by offering automated support to drivers. For instance, in November 2023, Honda Motor Co., Ltd., a Japan-based automobile manufacturer, unveiled the Honda SENSING 360+. This advanced omnidirectional safety and driver-assistive system aims to improve vehicle safety and lessen the burden on drivers. Building on the existing Honda SENSING 360 technology, the new system features 360-degree sensing capabilities to eliminate blind spots and aid in collision avoidance. It employs five units of millimeter-wave radar strategically positioned around the vehicle to provide extensive sensing capabilities, helping to detect vehicles and pedestrians in all directions.
In August 2022, Cummins Inc., a US-based company specializing in diesel and natural gas engines, as well as power generation systems and associated components, completed the acquisition of Meritor Inc. for an undisclosed amount. This strategic acquisition extends Cummins' components business, offering significant growth prospects across the company's array of power solutions and applications. Cummins foresees leveraging its global presence to expand these fundamental axle and brake businesses, catering to a wide spectrum of customers, including commercial truck, trailer, off-highway, defense, specialized, and aftermarket segments, on a global scale. Meritor Inc., based in the US, is a renowned manufacturer of automotive components catering to military, trucks, trailers, and specialized vehicles, aligning well with Cummins' strategic objectives.
Major companies operating in the anti-collision sensor market include Delphi Technologies Inc., Denso Corporation, Robert Bosch GmbH, TRW Automotive Holdings Corp., Continental Aktiengesellschaft, ZF Friedrichshafen AG, NXP Semiconductors N.V., Honeywell International Inc., Siemens Aktiengesellschaft, Wadeco Co. Ltd., Texas Instruments Incorporated, Aisin Seiki Co. Ltd., Autoliv AB, Raytheon Technologies Corporation, GEM Electronica Co. Ltd., Volkswagen Aktiengesellschaft, Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group AG, Volvo Car Corporation, Wabtec Corporation, General Electric Company, Analog Devices Inc., Hyundai Mobis Co. Ltd., Valeo SA, Aptiv PLC, Infineon Technologies AG, STMicroelectronics N.V., Panasonic Corporation, LG Innotek Co. Ltd., Murata Manufacturing Co. Ltd., TE Connectivity Ltd., Sensata Technologies Holding plc
Asia-Pacific was the largest region in the anti-collision sensors market in 2024. The regions covered in the anti-collision sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the anti-collision sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The anti-collision sensors market consists of sales of Ultrasound sensors, Millimeter wavelength radar sensors, Laser sensors, LED sensors, and GPS RF detection sensors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Anti-Collision Sensor Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on anti-collision sensor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for anti-collision sensor ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The anti-collision sensor market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.