The report offers detailed coverage of Collision Mitigation System industry and main market trends. Collision mitigation system (CMS) is specially designed for automobiles to prevent and mitigate rear-end crashes. System used accurate data analysis algorithms which combine the input from radar and image sensors to offer enhanced safety. The system consists of camera, vision control module and electronically scanning radar, and mounted on bonnet of an automobile. Collision mitigation system has specially designed to warn driver with audible and visual alarm, if system estimates high risk of collision when equipped vehicle approaches an obstacles such as pedestrian and another vehicle among others. If drivers fails to react over the warning, the system automatically applies the brake to ensure safety.
Transportation is an indispensable need of a community and transportation industry is expected to grow linear with growth in population. Health conscious consumers and emerging government regulations over road safety are driving demand for safe and technologically sound vehicles. It would be a key driver to promote adoption of collision mitigation systems. Automobile manufacturer are continuously adopting latest technology in order to cater the growing demand of smarter, faster, comfortable and safe vehicles, which would augment the demand of collision mitigation system. Additionally, growing traffic congestion in China and India is expected to drive adoption of collision mitigation system at steady rate. However sustainability of the global collision mitigation system market is majorly depends on further innovation and product development.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Collision Mitigation System by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Collision Mitigation System market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Collision Mitigation System market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Collision Mitigation System market for 2015-2027.
Key Companies
Autoliv
Delphi
Robert Bosch
Meritor WABCO
Bendix Commercial Vehicles Systems
Mitsubishi Motors North America
Mobileye
ZF Friedrichshafen
At the same time, we classify Collision Mitigation System according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Radar
Camera
Ultrasound
LiDAR
Market by Application
Light Commercial Vehicles
Heavy Commercial Vehicles
Passenger Cars
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Collision Mitigation System market for the forecast period 2021 - 2027?
• What are the driving forces in the Collision Mitigation System market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Collision Mitigation System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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