Global Collision Avoidance Systems Strategic Business Report 2023: Collision Avoidance Technologies Hold Potential in Reducing Accidents

Dublin, April 24, 2023 (GLOBE NEWSWIRE) -- The "Collision Avoidance Systems: Global Strategic Business Report" report has been added to's offering.

The global market for Collision Avoidance Systems estimated at US$43.6 Billion in the year 2022, is projected to reach a revised size of US$77.3 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030.

Automotive, one of the segments analyzed in the report, is projected to record a 7.5% CAGR and reach US$26.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Construction & Mining segment is readjusted to a revised 8.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $13 Billion, While China is Forecast to Grow at 9.3% CAGR

The Collision Avoidance Systems market in the U.S. is estimated at US$13 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.7 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Select Competitors (Total 83 Featured) -

  • Alstom SA
  • Analog Devices, Inc.
  • Autoliv, Inc.
  • Becker Mining Systems AG
  • Caterpillar Inc.
  • Continental AG
  • Delphi Automotive LLP
  • Denso Corporation
  • General Electric Company
  • Honeywell International, Inc.
  • Infineon Technologies AG
  • Murata Manufacturing Co. Ltd.
  • NXP Semiconductors N.V
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Rockwell Collins, Inc.
  • Saab AB
  • Siemens AG
  • Wabtec Corporation
  • ZF Friedrichshafen AG

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages531
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$43.6 Billion
Forecasted Market Value (USD) by 2030$77.3 Billion
Compound Annual Growth Rate7.4%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP
  • World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
  • Global Reduction in CAPEX (in %) by Industry for FY2020
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • Collision Avoidance System (CAS): A Prelude
  • Key Components of Automotive Collision Avoidance Systems
  • Technologies Prevalent in Aerospace Collision Avoidance System
  • Steady Growth Projected for Collision Avoidance Systems Market
  • Recent Market Activity
  • Collision Avoidance Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Automotive Sector: Largest Consumer of CAS Technology
  • Collision Avoidance Technology Seeks Mainstream Role in Automotive Industry
  • Rising Importance of Road Traffic Safety Triggers Wider Uptake of Automotive CAS
  • With Millions Continuing to Die in Preventable Road Accidents, the Focus on Automobile Safety Has Never Been Higher: Number of Deaths Caused by Road Accidents Worldwide by Region for the Years 2017 & 2030
  • Collision Avoidance Technologies Hold Potential in Reducing Accidents
  • Despite the Impact of COVID-19, Long-term Growth for CAS to Ride on Recovering Automotive Industry Dynamics
  • Automotive Demand Reduction in Key Regions in 2020 (In Million Vehicles)
  • Post COVID-19 Recovery in Automobile Production to Spur Growth in Collision Avoidance Systems Market: World Automobile Production in Million Units for 2008-2022
  • Heavy Commercial Vehicles Market: A Key Indicator of Growth
  • World Commercial Vehicle Market Breakdown of Production Volume (in %) by Region for 2010, 2015 & 2019
  • Collision Avoidance Systems Poised to Improve Fleet Safety
  • Key Trends in Advanced Driver Assistance and Collision Avoidance Systems
  • Robust Long Term Opportunities for CAS in Construction and Mining Sectors
  • CAS in Construction Applications: Growth Prospects Remain Promising
  • Global Construction Spending (In US$ Trillion) for 2019, 2020 & 2021
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Global Value of Megacity Construction Projects (US$ Billion) in 2019
  • CAS Remain Relevant in Mining Facilities
  • World Metals & Mining Industry by Material Category: A Snapshot
  • Leading Mining Nations in the World (2019): Percentage Breakdown of Mine Production Volume for Australia, China, Russia, USA, and Others
  • Aerospace - A Potential Market for Collision Avoidance System
  • Massive Negative Impact on Air Travel Leading to Weak Momentum in CAS Market: Global Airlines Performance by Region: 2020 Vs 2019
  • Sustained Emphasis on Improving Aircraft Safety Creates Fertile Environment for Aircraft CAS Market
  • Regulatory Stress on ACAS II (TCAS II) and ACAS X Widens Opportunities
  • Rise of UAVs Creates New Growth Avenue for Aircraft CAS
  • Collision Avoidance Sensors: Eye in the Sky
  • Global Market for Military Drones (In US$ Billion) for the Years 2018, 2020, 2022 and 2024
  • CAS Gains Traction in Maritime Applications
  • Rising Commercial & Recreational Maritime Activity: Opportunity Indicator for Marine CAS
  • Commercial Shipping
  • World Seaborne Trade (in Billions of Cargo Ton Miles) for the Years 2015, 2017 and 2019
  • Recreational Shipping
  • World Cruise Passengers (in Millions) for the Years 2010, 2015 and 2019
  • CAS Comes to Fore to Enhance Safety of Railway Systems
  • Technology Improvements Aid Market Expansion
  • Latest Innovations in Collision Avoidance and Passenger Safety Systems
  • Certain Advanced Safety Systems Show Promise in Preventing Crashes
  • Effectiveness of FCW and AEB Systems in Avoiding Rear-End Collisions




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Global Market for Collision Avoidance Systems

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