Techno World Automotive-Collision-Avoidance-System-Market

Automotive Collision Avoidance System Market, By Region,
Application, Technology, Specifications to 2026
Automotive Collision Avoidance System Market research provides
industry analysis by type, manufacturer, application along with key
factors influencing the growth of the market which include growth
drivers, restraints, opportunities and challenges, strategically
profile key players and comprehensively analyze their market share
and core competencies.
A lot of the vehicular accidents reported worldwide can be effectively curbed by the
implementation of efficient safety systems such collision avoidance systems. These systems are
increasingly being deployed in various applications such as aerospace, marine, industrial
robotics, and unmanned autonomous vehicles to ensure enhanced safety. Collision avoidance
system primarily integrates radar and/rear- and front-mounted cameras to constantly monitor
the vehicular traffic immediately ahead and behind the vehicle. The system constantly tracks
scans the immediate surroundings of the automotive and alerts the driver if it detects any
impending collision or if the vehicle veers off the lane. In case the driver fails to respond, it may
deploy emergency brakes in order to avert a collision. The rising installation of sensors
technology in automotive and increasing road accidents are some of the major factor for the
growth of collision avoidance system in automotive industry. According to World Health
Organization, more than 1.2 million people die due to road accident each year and 90% of the
deaths occur in middle income and low income economies. Moreover, the high cost of long rage
radar and LiDAR based technology may hinder the market growth.
Download PDF To explore detail study @
https://www.coherentmarketinsights.com/insight/request-pdf/1128