Product Code: MCP11155
Current Disruptions Elicit a -15.8% Decline in Growth. Future Outlook for Autonomous Technologies Encourages a 6.4% Projected Growth Opportunity
The global market for Collision Avoidance Systems is expected to slump by -15.8% in the year 2020 and thereafter recover to reach US$62.7 billion by the year 2027,trailing a post COVID-19 CAGR of 6.4% over the analysis period 2020 through 2027. A truly global industry, the auto industry has fallen victim to the global disruption wreaked by the pandemic. While current disruptions in the automotive industry are impacting immediate term prospects, the longer-term implications of the current pandemic and the interest in non-contact, autonomous technologies bodes well for long-term growth of collision avoidance systems especially in autonomous vehicle applications. One of the impact factors is the massive disruption of the supply chain which has impacted production lines dependent in Asia, especially China for raw materials, parts and components. Lockdowns, rising unemployment & shrinking disposable incomes have knocked down consumer confidence and with it sales of new vehicles. Global automobile production is expected to register a sharp decline in 2020, as auto plants across the globe suspend production temporarily to curb the spread of COVID-19 in line with revised safety protocols to safeguard employees against the pandemic. The halt in production is expected to impact the cash flow for the automakers against the drop in demand. COVID-19 outbreak and stringent measures to contain the pandemic hold negative implications for the global automobile industry that is forecast to witness a dramatic decline of about 15% in vehicle production in 2020. Suspended vehicle production in North America coerced automakers to delay launch of new models.
In the midst of millions of units decline in sales and R&D cutbacks, autonomous cars are witnessing increased interest. The idea of driverless cars has assumed new importance in a world dependent on transportation & a pandemic that has forced social isolation & impacted how we travel. Autonomous cars are a major end-user of collision avoidance systems & the accelerated future towards mobility with minimal human interaction bodes well for post pandemic growth. Collision avoidance systems (CAS) represent a promising technology with significant potential to reduce the risk of collisions and accidents. Also popular as collision mitigating systems, pre-crash systems and forward collision warning systems, these platforms assist users in detecting an imminent obstacle or strike for averting an accident. In addition, the technology is integrated with other systems for enabling autonomous or semi-autonomous decision making and braking. Radar, LiDAR and Camera are the basic technologies applied in collision avoidance systems. The incorporation of forward-collision warning systems and automatic braking has been known to reduce crashes or at least, reduce crash intensity. Blind-spot monitoring and assist feature alerts drivers by lighting up an icon on dashboard or mirror after detecting a vehicle in blind-spot. The system also alerts drivers when they are about to turn into another vehicle. Lane departure warning and assist feature relies on sensors for monitoring the distance of a car from a lane line. Advanced systems are also capable of taking corrective action for keeping the vehicle in proper lane. On the other hand, rear cameras and parking assist reduces the risk of back-over accidents through alerts after detecting an obstacle. These cameras also assist drivers in congested parking spots. Automatic park assist is one of the latest features intended to identify a parking space and help drivers steer the car into the parking space. Adaptive headlights are generally limited to high-end models, and intended to illuminate the road during turns or when a driver maneuvers winding, narrow roads. Drowsiness detection systems detect drowsiness or eye movement of drivers and even detect the position of a car in traffic lines to identify erratic movement.
Collision avoidance systems find extensive use in the mining and automobile sectors for averting accidents. The market for these systems in the post pandemic period will be propelled by the expected adoption of automated vehicles, stringent automotive safety regulations and the ability of the technology to ensure enhanced safety and visibility. Automakers in the US, Europe and Japan have already begun testing prototype cars capable of driving autonomously. These innovative concepts are intended to reduce traffic congestion and stress while improving safety. In the aviation industry, collision avoidance systems are expected to receive a major impetus from regulatory pressure that mandates it airline operators to implement the technology for higher safety. The EU No. 1332/2011 regulation in Europe requires all flights with aircraft exceeding 5700kg or authorized to carry over 19 to adopt collision avoidance systems by 2015. In addition, non-compliant aircraft operating in the European Airspace that have planned an upgrade to ACAS II version 7.1 are likely to receive exemption for a specific period. However, these exemptions depend on registration region of the aircraft along with operating approval from EU or non-EU states. The increasing popularity of UAVs or drones is also expected to offer intriguing opportunities for collision avoidance systems (CAS) for enabling drones to navigate safety in real-time. Collision avoidance is a powerful feature that minimizes pilot's error and avoids collisions. While various drones with CAS feature small sensors mounted over the body, others come with optical radar capable of viewing objects in full 360°. Sensors rely on ultrasonic or infrared scans for assisting processors in making decisions automatically to protect the drone. These advantages along with increasing adoption of drones are anticipated to open a new window of opportunity for aircraft CAS technology.
Competitors identified in this market include, among others,
- Alstom SA
- Autoliv, Inc.
- Aviation Communication & Surveillance Systems, LLC (ACSS)
- Becker Mining Systems AG
- Delphi Automotive PLC
- Denso Corporation
- General Electric Company
- Hexagon AB
- Honeywell International, Inc.
- Mobileye N.V.
- Robert Bosch GmbH
- Rockwell Collins, Inc.
- SAAB AB
- Siemens AG
- Wabtec Corporation
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Collision Avoidance System (CAS): A Prelude
- Steady Growth Projected for Collision Avoidance Systems Market
- Global Competitor Market Shares
- Collision Avoidance System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Automotive Sector: Largest Consumer of CAS Technology
- Collision Avoidance Technology Seeks Mainstream Role in Automotives
- Rising Importance of Road Traffic Safety Triggers Wider Uptake of Automotive CAS
- Steady Momentum in Worldwide Automotive Sales Poised to Drive Demand for Collision Avoidance Technologies: Breakdown of Unit Sales of Passenger Cars and Light Duty Vehicles in Million for the Years 2019 & 2025
- World Automotive CAS Market by Technology for the Years 2019 & 2025
- 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
- Prevailing Scenario in the World Aircraft Industry Augments Market Prospects
- Global Aircraft Fleet Size (in Units) by Aircraft Type for the Years 2019 & 2029
- World Passenger Traffic (in RTK) and Cargo Traffic (in FTK) for Years 2016, 2017 and 2018
- Global Military Spending (in US$ Billion) for the Years 2013 through 2023
- Rise of UAVs Creates New Growth Avenue for Aircraft CAS
- World UAV Production in US$ Million by Application for Years 2019 & 2025
- World Military UAV Production in US$ Million by Region for Years 2019 & 2025
- CAS Gains Traction in Maritime Applications
- Rising Commercial & Recreational Maritime Activity: Opportunity Indicator for Marine CAS
- Commercial Shipping
- World Seaborne Trade (in Cargo Ton Miles) for the Years 2010 through 2018
- Recreational Shipping
- World Cruise Passengers (in Thousand) for the Years 2010 through 2020
- Robust Opportunities for CAS in Construction and Mining Sectors
- CAS Comes to Fore to Enhance Safety of Railway Systems
- Technology Improvements Aid Market Expansion
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Collision Avoidance Systems Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 2: Collision Avoidance Systems Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
- TABLE 3: Collision Avoidance Systems Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- TABLE 4: Automotive (Application) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
- TABLE 5: Automotive (Application) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 6: Automotive (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- TABLE 7: Aerospace (Application) Worldwide Sales in US$ Million by Region/Country: 2020-2027
- TABLE 8: Aerospace (Application) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
- TABLE 9: Aerospace (Application) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
- TABLE 10: Railway (Application) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 11: Railway (Application) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 12: Railway (Application) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- TABLE 13: Marine (Application) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
- TABLE 14: Marine (Application) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 15: Marine (Application) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
- TABLE 16: Construction & Mining (Application) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 17: Construction & Mining (Application) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
- TABLE 18: Construction & Mining (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Collision Avoidance System Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 19: United States Collision Avoidance Systems Latent Demand Forecasts in US$ Million by Application: 2020 to 2027
- TABLE 20: Collision Avoidance Systems Historic Demand Patterns in the United States by Application in US$ Million for 2012-2019
- TABLE 21: Collision Avoidance Systems Market Share Breakdown in the United States by Application: 2012 VS 2020 VS 2027
- CANADA
- TABLE 22: Canadian Collision Avoidance Systems Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027
- TABLE 23: Collision Avoidance Systems Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019
- TABLE 24: Canadian Collision Avoidance Systems Market Share Analysis by Application: 2012 VS 2020 VS 2027
- JAPAN
- TABLE 25: Japanese Demand Estimates and Forecasts for Collision Avoidance Systems in US$ Million by Application: 2020 to 2027
- TABLE 26: Japanese Collision Avoidance Systems Market in US$ Million by Application: 2012-2019
- TABLE 27: Collision Avoidance Systems Market Share Shift in Japan by Application: 2012 VS 2020 VS 2027
- CHINA
- TABLE 28: Chinese Demand for Collision Avoidance Systems in US$ Million by Application: 2020 to 2027
- TABLE 29: Collision Avoidance Systems Market Review in China in US$ Million by Application: 2012-2019
- TABLE 30: Chinese Collision Avoidance Systems Market Share Breakdown by Application: 2012 VS 2020 VS 2027
- EUROPE
- Market Facts & Figures
- European Collision Avoidance System Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 31: European Collision Avoidance Systems Market Demand Scenario in US$ Million by Region/Country: 2020-2027
- TABLE 32: Collision Avoidance Systems Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
- TABLE 33: European Collision Avoidance Systems Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
- TABLE 34: European Collision Avoidance Systems Addressable Market Opportunity in US$ Million by Application: 2020-2027
- TABLE 35: Collision Avoidance Systems Market in Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019
- TABLE 36: European Collision Avoidance Systems Market Share Analysis by Application: 2012 VS 2020 VS 2027
- FRANCE
- TABLE 37: Collision Avoidance Systems Quantitative Demand Analysis in France in US$ Million by Application: 2020-2027
- TABLE 38: French Collision Avoidance Systems Historic Market Review in US$ Million by Application: 2012-2019
- TABLE 39: French Collision Avoidance Systems Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027
- GERMANY
- TABLE 40: Collision Avoidance Systems Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027
- TABLE 41: German Collision Avoidance Systems Market in Retrospect in US$ Million by Application: 2012-2019
- TABLE 42: Collision Avoidance Systems Market Share Distribution in Germany by Application: 2012 VS 2020 VS 2027
- ITALY
- TABLE 43: Italian Demand for Collision Avoidance Systems in US$ Million by Application: 2020 to 2027
- TABLE 44: Collision Avoidance Systems Market Review in Italy in US$ Million by Application: 2012-2019
- TABLE 45: Italian Collision Avoidance Systems Market Share Breakdown by Application: 2012 VS 2020 VS 2027
- UNITED KINGDOM
- TABLE 46: United Kingdom Demand Estimates and Forecasts for Collision Avoidance Systems in US$ Million by Application: 2020 to 2027
- TABLE 47: United Kingdom Collision Avoidance Systems Market in US$ Million by Application: 2012-2019
- TABLE 48: Collision Avoidance Systems Market Share Shift in the United Kingdom by Application: 2012 VS 2020 VS 2027
- REST OF EUROPE
- TABLE 49: Rest of Europe Collision Avoidance Systems Addressable Market Opportunity in US$ Million by Application: 2020-2027
- TABLE 50: Collision Avoidance Systems Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2012-2019
- TABLE 51: Rest of Europe Collision Avoidance Systems Market Share Analysis by Application: 2012 VS 2020 VS 2027
- ASIA-PACIFIC
- TABLE 52: Collision Avoidance Systems Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2020-2027
- TABLE 53: Asia-Pacific Collision Avoidance Systems Historic Market Review in US$ Million by Application: 2012-2019
- TABLE 54: Asia-Pacific Collision Avoidance Systems Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027
- REST OF WORLD
- TABLE 55: Rest of World Collision Avoidance Systems Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027
- TABLE 56: Collision Avoidance Systems Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by Application for 2012-2019
- TABLE 57: Rest of World Collision Avoidance Systems Market Share Analysis by Application: 2012 VS 2020 VS 2027
IV. COMPETITION
- Total Companies Profiled: 42
比較リスト
