Global Forward Collision Warning System for Automotive Market
Global Forward Collision Warning System for Automotive Market was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 5.1% from 2019 to 2027, reaching nearly US$ XX Bn.
Global Forward Collision Warning System for Automotive Market
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Global Forward Collision Warning System for Automotive Market: Market Overview
A forward collision warning (FCW) system is an active safety feature that monitors the speed of the vehicle in front of it, a vehicle’s speed and the distance between the vehicles. This system warn the driver of an impending crash if vehicles get too close from rare end. The FCW systems do not take full control of the vehicle. This system is also known as collision mitigation system or pre-crash system. It utilized laser, radar and camera to detect crash.
Global Forward Collision Warning System for Automotive Market: Market Dynamics
The major factors accelerating the global forward collision warning system for automotive market includes the adoption of advanced technology, rising demand of vehicles across the globe. Increasing awareness among people in concern with safety purpose, and strict rules and regulation of regulating bodies in terms of safety of the vehicle and driver boosting the demand of FCW system. The significant growth of automotive industry across the globe, and increasing demand of vehicles, as resulting demand of automotive components has fueled the growth of the market. Entry of foreign automaker, support of government to expand the manufacture sector drive the growth of the market during the forecast period.
High installation cost and maintenance cost of FCW system for automotive hindering the growth of market. The low-price carmakers are present in market which adversely effect on the market. The disruption in supply-chain due to pandemic, also manufacturer are not investing in R&D due to high cost are some factors restrain the growth of the market during the forecast period.
Global Forward Collision Warning System for Automotive Market: Market Segmentation
The radio waves are used to measure the distance from other vehicle in radar warning system. The camera warning system is act as differently as radar warning system, the high demand of camera technology due to its low price as compared to other system, as results camera segment by technology is expected to witness the higher growth rate during the forecast period. OEMs segment of sales channel is likely to dominate the global Forward Collision Warning System for Automotive, as they spends a large part of their revenue on R&D for providing comfort and safety drive and increasing overall efficiency of vehicles.
Global Forward Collision Warning System for Automotive Market: Regional Analysis
North America is dominating the global the global forward collision warning system for automotive market as there are developed nation and high rate of adoption of advanced technology. In this region, OEMs are investing in R&D for providing the comfort and safety to the owner. Increasing disposable income of people in this region, and higher spending power fuel the growth of the market over the forecast period. Asia Pacific is estimated the fastest growth in the forward collision warning system for automotive market, owing the rising the sales of passenger vehicles.
The objective of the report is to present a comprehensive analysis of the Global Forward Collision Warning System for Automotive Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Forward Collision Warning System for Automotive Market dynamics, structure by analysing the market segments and projects the Global Forward Collision Warning System for Automotive Market size. Clear representation of competitive analysis of key players by Sales Channel, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Forward Collision Warning System for Automotive Market make the report investor’s guide.
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Global Forward Collision Warning System for Automotive Market, by Technology
• LIDAR
• Radar
• Camera
• Ultrasonic
• Others
Global Forward Collision Warning System for Automotive Market, by Type
• Warning and autonomous braking
• Warning and preparing brakes
• Autonomous braking
Global Forward Collision Warning System for Automotive Market, by Sales Channel
• OEMs
• Aftermarket
Global Forward Collision Warning System for Automotive Market, by Region
• Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Vietnam
Rest of Asia
• North America
U.S.
Canada
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Mexico
Rest of South America
• Middle East & Africa
GCC
South Africa
Rest of MEA
Global Forward Collision Warning System for Automotive Market, Key Players
• DENSO CORPORATION
• Continental AG
• Delphi Automotive LLP
• Honeywell International Inc.
• Gentex Corporation
• ZF Friedrichshafen
• Velodyne LiDAR Inc.
• Robert Bosch GmbH
• Wabtec Corporation
• Alstom
• Becker Mining
• Siemens
• GENERAL ELECTRIC
• Autoliv Inc
• Saab AB
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