Christy Publications Automotive Collision Avoidance System Market | Page 3
The Europe region holds the dominant position in the market in 2016 and is projected to
retain its dominance throughout the forecast period. Germany, France, Italy, Spain, and
the U.K. are some of the major growth engines of the automotive collision avoidance
system market in this region. The increasing government regulations for vehicle safety
concerns creates a favorable environment for growth of the market in the region. For
example: in 2014, The European transport safety council have announced that its
mandatory for the OEMs to install automated emergency braking systems, anti-lock
braking systems, electronic stability control and seat-belt reminders in new vehicles.
Some of the major companies in the global are Automotive Collision Avoidance System
market are Alstom SA, Autoliv, Inc., Denso Corporation, General Electric Company,
Hexagon AB, Honeywell International, Inc., Robert Bosch GmbH, Rockwell Collins, Inc.,
Siemens AG, and Wabtec Corporation
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