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Global High Range Obstacle Detection System Market 2020-2027 - Rising Demand from Unmanned Aerial Vehicles and Unmanned Ground VehiclesDUBLIN, Dec. 2, 2020 /PRNewswire/ -- The "High Range Obstacle Detection System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type and Application" report has been added to ResearchAndMarkets.com's offering. The market was valued at US$ 10,159.4 million in 2019 and is projected to reach US$ 18,760.5 million by 2027; it is expected to grow at a CAGR of 8.1% from 2020 to 2027. In addition to the high investments in the automotive, aerospace & defense, and other industrial sectors in economically developed countries such as the US and Canada, the presence of a few of the largest autonomous vehicle technology companies such as Tesla and Google, long range obstacle detection systems/sensors manufacturers, and aircraft/UAV manufactures has been a major contributor to the long range obstacle detection system market growth in North America. Presently, the US is the world's worst affected country due to COVID-19 outbreak in terms of confirmed cases and deaths. The US is one of the largest adopters of high range obstacle detection systems, especially in automotive and aerospace sectors, owing to stringent government and industry regulations regarding safety standards. The rapid surging the number of confirmed COVID-19 cases and reported deaths in the country is affecting both supply and demand dynamics in several industries. The ongoing slump in industrial production and demand, coupled with disruptions in technology adoption especially in the automotive industry, is expected to lower the demand for high range obstacle detection systems in various North American countries in the coming quarters. Key Topics Covered: 1. Introduction 1.1 Study Scope 1.2 Report Guidance 1.3 Market Segmentation 2. Key Takeaways 3. Research Methodology 4. High Range Obstacle Detection System Market Landscape 4.1 Market Overview 4.2 PEST Analysis 4.3 Ecosystem Analysis 4.4 Expert Opinion 5. High Range Obstacle Detection System -Market Dynamics 5.1 Market Drivers 5.1.1 High Demand for Efficient Obstacle Detection Systems in Automotive Sector 5.1.2 Growing Adoption of Lidar in Diverse Industry Applications 5.2 Market Restraints 5.2.1 High Initial Investment and Maintenance Costs 5.3 Market Opportunities 5.3.1 Developing Regions to Drive the Future Growth 5.4 Future Trends 5.4.1 Rising Demand from Unmanned Aerial Vehicles and Unmanned Ground Vehicles 5.5 Impact Analysis of Drivers and Restraints 6. High Range Obstacle Detection System Market - Global Analysis 6.1 Global High Range Obstacle Detection System Market Overview 6.2 High Range Obstacle Detection System Market - Revenue and Forecast to 2027 (US$ Million) 6.3 Market Positioning - Five Key Players 7. High Range Obstacle Detection System Market Analysis - By Type 7.1 Overview 7.2 High Range Obstacle Detection System Market, by Type (2019 and 2027) 7.3 Radar 7.3.1 Overview 7.3.2 Radar: High Range Obstacle Detection System Market - Revenue and Forecast to 2027 (US$ Million) 7.4 Laser Scanner 7.5 Sonar 7.6 Lidar 8. High Range Obstacle Detection System Market Analysis - By Application 8.1 Overview 8.2 High Range Obstacle Detection System Market, by Application (2019 and 2027) 8.3 Automotive and Transportation 8.3.1 Overview 8.3.2 Automotive and Transportation: High Range Obstacle Detection System Market- Revenue and Forecast to 2027 (US$ Million) 8.4 Aerospace 8.5 Industrial 8.6 Marine 8.7 Other Applications 9. High Range Obstacle Detection System Market - Geographic Analysis 10. High Range Obstacle Detection System Market- COVID-19 Impact Analysis 11. Industry Landscape 11.1 Overview 11.2 Market Initiative 11.3 New Product Development 11.4 Merger and Acquisition 12. Company Profiles 12.1 Key Facts 12.2 Business Description 12.3 Products and Services 12.4 Financial Overview 12.5 SWOT Analysis 12.6 Key Developments
For more information about this report visit https://www.researchandmarkets.com/r/ez6amw Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-high-range-obstacle-detection-system-market-2020-2027---rising-demand-from-unmanned-aerial-vehicles-and-unmanned-ground-vehicles-301183611.html SOURCE Research and Markets |