Collision Avoidance System Market Growth at 22% CAGR Forecast to 2019

PUNE, India, October 13, 2015 /PRNewswire/ --

The Global Collision Avoidance System Market 2015-2019 research report features Continental, Delphi Automotive, Robert Bosch and TRW Automotive as major companies active in the industry along with AWTI, Ford Motor, GENTEX, Preco Electronics, Renault, Safe Drive Systems, Subaru of America, and Toyota as other prominent vendors.

Complete report on collision avoidance system market spread across 79 pages, analyzing 4 major companies and supported with 48 data exhibits is now available at http://www.rnrmarketresearch.com/global-collision-avoidance-system-market-2015-2019-market-report.html .

Commenting on this latest report on collision avoidance system market, an analyst said: "The automotive industry endeavors to attain the goal of zero road fatalities combined with sufficing consumer safety demands and government regulations, and is propelling the adoption of collision avoidance and driver assistance systems. As a result, automobile manufacturers in collaboration with automotive safety and automotive camera manufacturers are integrating radar and cameras, which integrates video sensing, radar sensing, and data fusion in a single module."

According to the report, the quest for automobile safety is considered one of the key drivers in the development of advanced automobile safety systems and collision avoidance system market. Advanced safety and security features are no longer limited to premium vehicles. Consumers are now more aware about safety systems and technologies and are taking an interest in improving the safety systems for their vehicles. As a result, electronic equipment such as cameras and sensors are now being installed, even in entry-level vehicles.

Further, the 2015 collision avoidance system market research states that present day collision avoidance systems do not cater to all types of accidents, owing to the functionality and technical limitations of each system. However, OEMs are consistently focusing and investing in R&D to increase and enhance the functionality of collision avoidance systems to cater to all types of road accidents. However, these systems are still not available, which is in turn creating a loophole in the market and hindering industry growth. Order a copy of Global Collision Avoidance System Market 2015-2019 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=421065 .

To calculate collision avoidance system market size, this research considers revenue generated from the sale of forward collision warning (FCW) systems, lane departure warning systems (LDWS), adaptive cruise control (ACC) systems, and blind spot detection (BSD) systems by both original equipment manufacturers (OEMs) and aftermarket. These collision avoidance systems are termed as life savior technology, as they help in reducing the severity of accidents. Collision avoidance systems have the capability to analyze and monitor drivers' actions, nearby surroundings of vehicles, and road conditions, thereby preventing and minimizing the impact of accidents. These systems, in many cases, either adjust the steering response or increase the braking power to improve preventive actions.

For the automotive market stakeholders and decision makers in segments related to semiconductors and electronics, RnRMarketResearch.com has other newly published as well as relevant research titles

UAV Drone Market for Commercial Applications by Type (Fixed Wing, Rotary Blade, Quad Rotor), Technology (Energy & Propulsion System, Automation, Collision Avoidance), Application (Government, Agriculture, Manufacturing, Retail) & Geography - Global Forecast to 2020: This report is based on an extensive research study of the commercial drones market and aims to analyze the entire market and all its sub-segments through extensively detailed classifications. The demand for commercial drones is likely to witness a significant growth, thereby garnering the interest of the industry players across various verticals. The Americas are projected to be the fastest growing market as FAA relaxes its ban on commercial use of drone in some applications. The key players in this industry include Airware Inc (U.S., Drone Deploy (U.S.), DJI (Shenzhen), Precision Hawk Inc (U.S.), SenseFly ltd (U.S.), 3D robotics (U.S.), VDOS Global (U.S.), Trimble UAS (Belgium), AeroVironment (U.S.), and others. Read more at http://www.rnrmarketresearch.com/commercial-drones-market-by-type-fixed-wing-rotary-blade-quad-rotor-technology-energy-propulsion-system-automation-collision-avoidance-application-government-agriculture-manufacturing-market-report.html .

Explore more reports on automotive technology market at http://www.rnrmarketresearch.com/reports/automotive-transportation/automotive/automotive-technology .

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