Global Collision Avoidance System Market to Grow at a CAGR of 22.02% During 2014 - 2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Collision Avoidance System Market 2015-2019” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 10/13/2015 --Report forecast the global collision avoidance system market to grow at a CAGR of 22.02% over the period 2014-2019.

Ever since the advent of automobiles, road safety has been as the primary concern among consumers, governments and government transport authorities, and automobile manufacturers. Vehicle, passenger, and pedestrian safety has gained attention, owing to a rise in the number of accidents across the globe. Consequently, resulting in the commencing of collision avoidance systems, assuring improved safety compared to other driver assistance, passive safety, and active safety systems. 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.

The report covers the current scenario and the growth prospects of the global collision avoidance system market for the period of 2015-2019. To calculate the market size, the repot 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.

Global Collision Avoidance System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global collision avoidance system market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, the quest for automobile safety is considered one of the key drivers in the development of advanced automobile safety systems. 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.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global Collision Avoidance System Market: Continental, Delphi Automotive, Robert Bosch and TRW Automotive

Other Prominent Vendors in the market are: AWTI, Ford Motor, GENTEX, Preco Electronics, Renault, Safe Drive Systems, Subaru of America, and Toyota.

Key market driver
- Increased emphasis on safety solutions
- For a full, detailed list, view our report

Key market challenge
- High cost of safety systems
- For a full, detailed list, view our report

Key market trend
- Improved fuel economy
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 79 pages "Global Collision Avoidance System Market 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Global automotive production market landscape, Market segmentation by functionality, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-collision-avoidance-system-market-2015-2019

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