DUBLIN--(BUSINESS WIRE)--Sep 3, 2018--The "Global Automotive Collision Avoidance Systems Market - Segmented by Technology Type, Device, Vehicle Type, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

NHTSA countermeasure effectiveness modeling predicts that head-way detection systems can theoretically prevent 37% to 74% of all police reported rear-end crashes. Thus, the introduction of collision warning systems could result in the dramatic reduction of crash fatalities, injuries, and property damage.

Radar Based Systems Occupy Highest Market Share

Radar-based systems accounted for over 41% of the global market in 2016. The segment is further expected to gain market share during the forecast period. The reducing prices of radars have led to the increased adoption of the technology by various automotive OEMs.

Europe is expected to continue to lead the market during the forecast period. It accounted for over 35% of the market, in 2016. The consumer preference in Europe was observed to be greatly inclined towards safety features of a vehicle and this was coupled with the presence of headquarters of companies, like Bosch, Continental, Autoliv, ZF, etc., which has allowed for technological advancements in safety segment. The updated ratings of safety agencies and incorporation of anti-collision systems in mass-market models by European commission are expected to propel the market growth over the next five years.

Notable Market Developments

Continental AG is working on an automatic system to warn the driver the risk of aquaplaning. The company will be using networked cameras and tire sensors, along with the software (developed by Continental engineers) to detect imminent aquaplaning.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. Market Segmentation & Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitve Landscape

9. Company Profiles

Continental AG Delphi Automotive Denso Corporation Infineon Technologies Panasonic Corporation Robert Bosch GmbH ZF Group Autoliv Inc. Siemens AG

For more information about this report visit https://www.researchandmarkets.com/research/cp4q4s/global_automotive?w=4

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Related Topics:Telematics and Vehicle Electronics,Automotive Safety

KEYWORD:

INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Research and Markets

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PUB: 09/03/2018 08:37 AM/DISC: 09/03/2018 08:37 AM

http://www.businesswire.com/news/home/20180903005157/en