According to a new report Global Collision Avoidance System Market, published by KBV research, the Global Collision Avoidance System Market size is expected to reach $24.7 billion by 2023, rising at a market growth of 10% CAGR during the forecast period.
The Europe market holds the largest market share in Global Adaptive Cruise Control Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.3 % during the forecast period.
The North America market is expected to witness a CAGR of 7.8% during (2017 - 2023) in Global Parking Assistance System Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 12.2% during (2017 - 2023) in Global Lane Departure Warning System Market.
The RADAR market holds the largest market share in Global Collision Avoidance System Market by Technology in 2016, and would continue to be a dominant market till 2023. The LiDar market is expected to witness a CAGR of 11.5% during (2017 - 2023). Additionally, The Ultrasonic market would garner market size of $4,447.1 million by 2023.
The Automotive market holds the largest market share in Global Collision Avoidance System Market by Application in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.9 % during the forecast period. The Aerospace market is expected to witness a CAGR of 9.5% during (2017 - 2023). Additionally, The Marine market is expected to witness highest CAGR of 12.8% during (2017 - 2023).
Full Report: https://www.kbvresearch.com/collision-avoidance-system-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Collision Avoidance System Market have been discussed in the report with the elaborated company profiles of Delphi Automotive LLP, Robert Bosch GmbH, Denso Corporation, Autoliv, Inc., General Electric Company, Honeywell International, Inc., Rockwell Collins, Inc., Siemens AG, Wabtec Corporation, and Alstom SA.
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By Technology
By Application
By Geography
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