Global Collision Avoidance Systems Market to Reach US$62.8 Billion by the Year 2027

Abstract: Global Collision Avoidance Systems Market to Reach US$62. 8 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Collision Avoidance Systems estimated at US$40.

New York, July 28, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Collision Avoidance Systems Industry" - https://www.reportlinker.com/p05956378/?utm_source=GNW
7 Billion in the year 2020, is projected to reach a revised size of US$62.8 Billion by 2027, growing at a CAGR of 6.4% over the analysis period 2020-2027.Automotive, one of the segments analyzed in the report, is projected to grow at a 6.6% CAGR to reach US$21.5 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Construction & Mining segment is readjusted to a revised 7% CAGR for the next 7-year period. This segment currently accounts for a 23.9% share of the global Collision Avoidance Systems market.

The U.S. Accounts for Over 30% of Global Market Size in 2020, While China is Forecast to Grow at a 8% CAGR for the Period of 2020-2027

The Collision Avoidance Systems market in the U.S. is estimated at US$12.2 Billion in the year 2020. The country currently accounts for a 30.03% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$8.3 Billion in the year 2027 trailing a CAGR of 8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR while Rest of European market (as defined in the study) will reach US$8.3 Billion by the year 2027.

Aerospace Segment Corners a 20.4% Share in 2020

In the global Aerospace segment, USA, Canada, Japan, China and Europe will drive the 5.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.3 Billion in the year 2020 will reach a projected size of US$10.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.6 Billion by the year 2027.

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

Read the full report: https://www.reportlinker.com/p05956378/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
Impact of Covid-19 and a Looming Global Recession
Pandemic Crisis Weakens Economic Environment, Triggering
Negative Tide in GDP
EXHIBIT 1: World Economic Growth Projections (Real GDP,
annual % Change) for 2019, 2020 & 2021
EXHIBIT 2: Global Reduction in CAPEX (in %) by Industry for FY2020
EXHIBIT 3: 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

2. FOCUS ON SELECT PLAYERS
SELECT WORLD BRANDS

3. MARKET TRENDS & DRIVERS
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
EXHIBIT 4: Automotive Demand Reduction in Key Regions in 2020
(In Million Vehicles)
EXHIBIT 5: 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
EXHIBIT 6: 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
EXHIBIT 7: Global Construction Spending (In US$ Trillion) for
2019, 2020 & 2021
EXHIBIT 8: Projected Infrastructure Investment Needed (in US$
Trillion) by Region Over the Period 2016-2040
EXHIBIT 9: 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
EXHIBIT 10: 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
EXHIBIT 11: 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
EXHIBIT 12: 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
EXHIBIT 13: World Seaborne Trade (in Billions of Cargo Ton
Miles) for the Years 2015, 2017 and 2019
Recreational Shipping
EXHIBIT 14: 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

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Collision
Avoidance Systems by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 2: World Historic Review for Collision Avoidance Systems
by Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2015 through 2019 and
% CAGR

Table 3: World 12-Year Perspective for Collision Avoidance
Systems by Geographic Region - Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets for Years 2015, 2020 & 2027

Table 4: World Current & Future Analysis for Automotive by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 5: World Historic Review for Automotive by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2015 through 2019 and % CAGR

Table 6: World 12-Year Perspective for Automotive by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2015, 2020 & 2027

Table 7: World Current & Future Analysis for Construction &
Mining by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR

Table 8: World Historic Review for Construction & Mining by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2015 through 2019 and
% CAGR

Table 9: World 12-Year Perspective for Construction & Mining by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2015, 2020 & 2027

Table 10: World Current & Future Analysis for Aerospace by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 11: World Historic Review for Aerospace by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2015 through 2019 and % CAGR

Table 12: World 12-Year Perspective for Aerospace by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2015, 2020 & 2027

Table 13: World Current & Future Analysis for Railway by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 14: World Historic Review for Railway by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2015 through 2019 and % CAGR

Table 15: World 12-Year Perspective for Railway by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2015, 2020 & 2027

Table 16: World Current & Future Analysis for Marine by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR

Table 17: World Historic Review for Marine by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets - Independent Analysis of Annual Sales in US$
Million for Years 2015 through 2019 and % CAGR

Table 18: World 12-Year Perspective for Marine by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2015, 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Market Overview
Table 19: USA Current & Future Analysis for Collision Avoidance
Systems by Application - Automotive, Construction & Mining,
Aerospace, Railway and Marine - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 20: USA Historic Review for Collision Avoidance Systems
by Application - Automotive, Construction & Mining, Aerospace,
Railway and Marine Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2015 through 2019 and % CAGR

Table 21: USA 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

CANADA
Table 22: Canada Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 23: Canada Historic Review for Collision Avoidance
Systems by Application - Automotive, Construction & Mining,
Aerospace, Railway and Marine Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2019 and %
CAGR

Table 24: Canada 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

JAPAN
Table 25: Japan Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 26: Japan Historic Review for Collision Avoidance Systems
by Application - Automotive, Construction & Mining, Aerospace,
Railway and Marine Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2015 through 2019 and % CAGR

Table 27: Japan 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

CHINA
Market Overview
Table 28: China Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 29: China Historic Review for Collision Avoidance Systems
by Application - Automotive, Construction & Mining, Aerospace,
Railway and Marine Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2015 through 2019 and % CAGR

Table 30: China 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

EUROPE
Market Overview
Table 31: Europe Current & Future Analysis for Collision
Avoidance Systems by Geographic Region - France, Germany,
Italy, UK and Rest of Europe Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2020 through 2027 and %
CAGR

Table 32: Europe Historic Review for Collision Avoidance
Systems by Geographic Region - France, Germany, Italy, UK and
Rest of Europe Markets - Independent Analysis of Annual Sales
in US$ Million for Years 2015 through 2019 and % CAGR

Table 33: Europe 12-Year Perspective for Collision Avoidance
Systems by Geographic Region - Percentage Breakdown of Value
Sales for France, Germany, Italy, UK and Rest of Europe Markets
for Years 2015, 2020 & 2027

Table 34: Europe Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 35: Europe Historic Review for Collision Avoidance
Systems by Application - Automotive, Construction & Mining,
Aerospace, Railway and Marine Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2019 and %
CAGR

Table 36: Europe 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

FRANCE
Table 37: France Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 38: France Historic Review for Collision Avoidance
Systems by Application - Automotive, Construction & Mining,
Aerospace, Railway and Marine Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2019 and %
CAGR

Table 39: France 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

GERMANY
Table 40: Germany Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 41: Germany Historic Review for Collision Avoidance
Systems by Application - Automotive, Construction & Mining,
Aerospace, Railway and Marine Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2019 and %
CAGR

Table 42: Germany 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

ITALY
Table 43: Italy Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 44: Italy Historic Review for Collision Avoidance Systems
by Application - Automotive, Construction & Mining, Aerospace,
Railway and Marine Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2015 through 2019 and % CAGR

Table 45: Italy 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

UNITED KINGDOM
Table 46: UK Current & Future Analysis for Collision Avoidance
Systems by Application - Automotive, Construction & Mining,
Aerospace, Railway and Marine - Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR

Table 47: UK Historic Review for Collision Avoidance Systems by
Application - Automotive, Construction & Mining, Aerospace,
Railway and Marine Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2015 through 2019 and % CAGR

Table 48: UK 12-Year Perspective for Collision Avoidance
Systems by Application - Percentage Breakdown of Value Sales
for Automotive, Construction & Mining, Aerospace, Railway and
Marine for the Years 2015, 2020 & 2027

REST OF EUROPE
Table 49: Rest of Europe Current & Future Analysis for
Collision Avoidance Systems by Application - Automotive,
Construction & Mining, Aerospace, Railway and Marine -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR

Table 50: Rest of Europe Historic Review for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2015 through
2019 and % CAGR

Table 51: Rest of Europe 12-Year Perspective for Collision
Avoidance Systems by Application - Percentage Breakdown of
Value Sales for Automotive, Construction & Mining, Aerospace,
Railway and Marine for the Years 2015, 2020 & 2027

ASIA-PACIFIC
Table 52: Asia-Pacific Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 53: Asia-Pacific Historic Review for Collision Avoidance
Systems by Application - Automotive, Construction & Mining,
Aerospace, Railway and Marine Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2019 and %
CAGR

Table 54: Asia-Pacific 12-Year Perspective for Collision
Avoidance Systems by Application - Percentage Breakdown of
Value Sales for Automotive, Construction & Mining, Aerospace,
Railway and Marine for the Years 2015, 2020 & 2027

REST OF WORLD
Table 55: Rest of World Current & Future Analysis for Collision
Avoidance Systems by Application - Automotive, Construction &
Mining, Aerospace, Railway and Marine - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 56: Rest of World Historic Review for Collision Avoidance
Systems by Application - Automotive, Construction & Mining,
Aerospace, Railway and Marine Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2019 and %
CAGR

Table 57: Rest of World 12-Year Perspective for Collision
Avoidance Systems by Application - Percentage Breakdown of
Value Sales for Automotive, Construction & Mining, Aerospace,
Railway and Marine for the Years 2015, 2020 & 2027

IV. COMPETITION
Total Companies Profiled: 83
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