Collision Avoidance System Market estimated to reach a value of US$24.635 billion by 2025

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posted on 5 years ago — updated on 1 second ago

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The collision avoidance system is a type of a safety system that is present in the automobiles that are designed to prevent crashes or reduce the severity of the crashes. There are three types of collision avoidance systems available to assist the driver.

According to the report, the Collision Avoidance System Market is projected to increase at a CAGR of 11.87% over the forecast period 2019-2025.

The major players covered as part of the report are Robert Bosch GmbH, Denso Corporation, Autoliv Inc., ZF Friedrichshafen AG, Becker Mining, Collins Aerospace, (a United Technologies company), Hexagon AB, Continental AG, Infineon Technologies AG, and Panasonic Corporation among others.

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Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Steered by some of the industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge.