The North America Collision Avoidance System Market would witness market growth of 10.8% CAGR during the forecast period (2024-2031).
The US market dominated the North America Collision Avoidance System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $36,732.5 million by 2031. The Canada market is experiencing a CAGR of 13.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.3% during (2024 - 2031).
This market has emerged as a critical segment in modern transportation and industrial automation, driven by the growing demand for safety, technological advancements, and stringent government regulations. These Systems are designed to prevent or mitigate accidents. They use sensors, cameras, radar, LiDAR, and artificial intelligence to detect potential collisions and alert or intervene to avoid them.
As the need for accident prevention and enhanced safety continues to rise, the market for these systems is experiencing significant growth. Automotive manufacturers are integrating advanced driver-assistance systems (ADAS) into vehicles, while industries such as mining, construction, and logistics are increasingly utilizing these technologies to reduce workplace accidents and ensure operational efficiency.
The rising adoption of autonomous vehicles, increasing road safety concerns, and the expansion of automotive manufacturing are major drivers of the market in North America. The United States is at the forefront of autonomous vehicle (AV) adoption, with projections indicating that 3.5 million self-driving vehicles will be on U.S. roads by 2025, growing to 4.5 million by 2030. The increasing deployment of AVs necessitates advanced collision avoidance technologies, including sensor fusion, AI-driven object detection, LiDAR, and real-time hazard assessment systems. In Canada, road safety remains a critical issue, with 1,768 motor vehicle fatalities reported in 2021—an increase of 1.3% from 2020. Serious injuries from motor vehicle accidents also rose by 4%, reaching 8,185 cases, while total injuries increased by 3.6% to 108,018. These alarming statistics highlight the need for enhanced road safety measures, accelerating the adoption of collision avoidance technologies. Mexico is the seventh-largest passenger car manufacturer worldwide, producing 3.5 million vehicles annually. With 76% of its automobile exports directed to the U.S., Mexico supplies advanced safety-equipped vehicles to North America. As automakers align with evolving safety regulations, collision avoidance systems have become critical to new vehicle designs. Thus, the market growth in the U.S., Canada, and Mexico is driven by the rapid expansion of autonomous vehicles, rising road safety concerns, and the booming automotive manufacturing sector.
Free Valuable Insights: The Collision Avoidance System Market is Predict to reach USD 160.86 Billion by 2031, at a CAGR of 11.0%
Based on Technology, the market is segmented into Radar, Camera, Ultrasound, and LiDAR. Based on Application, the market is segmented into Adaptive Cruise Control (ACC), Forward Collision Warning System (FCWS), Blind Spot Detection (BSD), Parking Assistance, Lane Departure Warning System (LDWS), and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Technology
By Application
By Country
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