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Anti-Collision Sensors Market to Grow at 16.89% CAGR to 2020

Global Anti-Collision Sensors Market 2016-2020 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

 

Pune, Maharastra -- (SBWIRE) -- 01/20/2016 -- According to the Global Anti-collision Sensors Market 2016-2020 report the growing concern about the rising number of accidents globally has led to increased demand for automotive safety applications that help drivers to remain alert while driving and prevent potential accidents. Luxury car and SUV manufacturers demand a large number of sensors to integrate safety features into automobiles.

Complete report on anti-collision sensors market spread across 36 pages, analyzing 5 major companies and providing 12 data exhibits is now available at http://www.reportsnreports.com/reports/458698-global-anti-collision-sensors-market-2016-2020.html.

The analysts forecast global anti-collision sensors market to grow at a CAGR of 16.89% during the period 2016-2020. Autonomous vehicles and 360-degree surveillance cars are among the major trends in the market. Luxury car manufacturers are planning to embed these features in their vehicles to improve the level of comfort and safety. There is also an emerging trend of vehicle-to-everything (V2X) technology in the market that helps improve fuel efficiency and traffic flow.

Anti-collision sensors are mainly used to detect obstacles in the way of a vehicle and alert the driver, thus preventing a potential accident. The rising number of road accidents across the globe has led to increased awareness of the need for safety among governments, automobile manufacturers, and consumers. This has increased the demand for anti-collision sensors. Order a copy of Global Anti-collision Sensors Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=458698.

The anti-collision sensors market report covers the present scenario and the growth prospects of the global anti-collision sensors market for the period 2016-2020. To calculate the market size, we consider revenue generated from the sales of the following anti-collision sensor technology pertaining to the automotive industry: Radar, Cameras, Ultrasound and LiDAR

Key players in the Global Anti-Collision Sensors Market: Continental AG, Delphi Automotive, Denso, Bosch and TRW Automotive

Other Prominent Vendors in the market are: Analog Devices, Autoliv, Freescale Semiconductor, Hella Kgaa Hueck, Hyundai Mobis, Infineon Technologies, Mobileye N.V., Murata Manufacturing, OmniVision Technologies, Panasonic Corporation, Quanergy Systems, Sensata Technologies, and Texas Instruments.

Further, the report states that technological setbacks related to anti-collision sensors are one of the major challenges for the market.

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