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Manufacturers of Unmanned Surface Vessels Leverage Collision Avoidance Sensor Market, Valuation to Touch Mark of ~US$ 12 Bn by 2027: TMR- Automobile companies consider technologies in collision avoidance sensor market as pivot for incorporating smart sensors for improving safety and reliability, research in autonomous vehicles to spur developments - Market to clock CAGR of 13% During 2019- 2027, adoption in unmanned aerial vehicles (UAVs) to open new vistas in Asia and North America ALBANY, N.Y, Nov. 23, 2020 /PRNewswire/ -- Collision avoidance sensors form a key part of next-gen, smart sensor systems used in wide range of automobiles, notably vehicles, unmanned aerial vehicles (UAVs), and mobile robots. They can range from unidirectional to multidirectional in order to make driving safety and convenient. Rise in investments on research and development of mobile robots has also spurred Stakeholders Park their funds in boosting the commercialization of flexible Time-of-Flight (ToF) sensor arrays. Analysts at TMR opine that companies should harness align data streams from next-gen radars, cameras, and ultrasonic systems and aim for multimodal data fusion. This will allow them to develop safety and reliability in autonomous vehicles. The aforementioned investments trend and emerging investment avenues are expected to spur the global collision avoidance sensor market to expand at healthy CAGR of 13% during 2019–2027. By 2027-end, the global market is projected to reach a mark of ~US$ 12 Bn. Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=66575 Key Findings of Collision Avoidance Sensor Market Report
Explore 225 pages of top-notch research, incisive insights, and detailed country-level projections on Collision Avoidance Sensor Market (Technology: Radar, LiDAR, Ultrasound, and Others; Application: Object Detection, Blind Spot Detection, Lane Departure Warning System, Adaptive Cruise Control, Parking Assistance, and Others; and End-use Industry: Automotive, Aerospace & Defense, Marine, Warehousing & Logistics, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019- 2027 at https://www.transparencymarketresearch.com/collision-avoidance-sensors-market.html Collision Avoidance Sensor Market: Key Driving Factors and Promising Avenues
Collision Avoidance Sensor Market: Regional Landscape Geographically, Europe is the leading market and is expected to see spate of investments in the development of autonomous vehicles that incorporate advanced sensor systems. Over the past few years, investments in this regional market has risen remarkably due to stringent implementation of regulatory norms pertaining to the safety of passengers. This has been underpinned by growing investments in the development of radar, LiDAR, and ultrasonic sensors for collision avoidance. Thus, Europe will keep witnessing sizable revenue streams in the global collision avoidance sensor market. Meanwhile, the opportunities in Asia Pacific and North America are expected to rise at promising growth rate during 2019 – 2027. The demand for premium vehicles is a key trend that has expanded the revenue potential of the Asia Pacific market. Collision Avoidance Sensor Market: Competitive Landscape The global market is highly fragmented with the top five players accounting for relatively small shares—around 25%--in 2018. Further, stratups and new entrants find drones with multiple direction obstacle avoidance sensor system a promising avenue to park their funds. Some of the key players are Microchip Technology Inc., Honeywell International Inc., Continental AG, Denso Corporation, and Robert Bosch GmbH. Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=66575 Global Collision Avoidance Sensor Market: Segmentation Collision Avoidance Sensor Market, by Technology
Collision Avoidance Sensor Market, by Application
Collision Avoidance Sensor Market, by End-use Industry
Collision Avoidance Sensor Market, by Region
Explore Transparency Market Research's award-winning coverage of the Global Electronics & Semiconductors Industry: Sensor Signal Conditioner (SSC) ICs Market – The global market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global sensor signal conditioner (SSC) ICs market. Sensor signal conditioner (SSC) ICs helps in conditioning of signals coming out from sensors and going toward the computer. Smart Antenna Market – The global smart antenna market is projected to expand at a CAGR of 7.9% during the forecast period 2019-2027. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Increasing application of smart antennas in smartphones and growing demand for smart antennas in wireless communication has increased the penetration and growth of the smart antenna market globally. High Resolution Dispensing Systems and Equipment Market – The integration of automation in various industries such as automotive, oil and gas, aerospace and defense, and fluids is set to contribute to the growth of the global high resolution dispensing systems and equipment in the coming years. The need for control, accuracy, and customization across these end-user industries is expected to be a major factor boosting the market during the forecast period. About Transparency Market Research Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg |