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Increased traffic accidents are likely to promote innovation in anti-collision sensor manufacture, propelling the market during the forecast period.

The global anti-collision sensor market is expected to grow from $10.42 billion in 2022 to $12.33 billion in 2023 at a compound annual growth rate (CAGR) of 18.41%. The global anti-collision sensors market size is expected to reach $24.75 billion in 2027 at a CAGR of 19.02%.

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Global Anti-Collision Sensor Market Segments Include:

• By Vehicle Type: Passenger Cars, Commercial Vehicles
• By Technology: Camera Sensor, Lidar Sensor, Radar Sensor, Ultrasonic Sensor
• By Application: Forward Collision Warning System, Blind Spot Monitor, Lane Department Warning System, Parking Sensor, Other Applications
• By End-User: Aerospace And Defense, Automotive, Industrial, Rail, Other End Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global anti-collision sensor market in 2021.

Major Market Players in the anti-collision sensor market include Delphi Automotive, Denso Corporation, Robert Bosch GmbH, TRW Automotive, Continental AG, ZF Friedrichshafen, NXP Semiconductors N.V., Honeywell International Inc.

Technological developments are an important trend in the anti-collision sensors industry. Major anti-collision sensor businesses are focusing on developing unique technologies to increase their market position. Sick AG, a German developer of sensors and sensor solutions for industrial applications, for example, launched scanGrid2 in June 2021, which boosts the productivity of small autonomous vehicles using safe solid-state LiDAR technology. The new technology involved use a novel and unique solid-state LiDAR technology to increase the productivity of miniature autonomous and line-guided cargo trucks. The scanGrid2 is a Type 2/SIL 1 safety sensor that works effectively for collision avoidance and can guard dangerous areas up to Performance Level C.

The Anti-Collision Sensor Global Market Report 2023  provides a anti-collision sensor market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The anti-collision sensor market forecast analyzes anti-collision sensor market size, anti-collision sensor market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Anti-collision sensors detect an item in a vehicle’s path, allowing the driver or the vehicle’s autonomous system to intervene to avoid a collision. The most common automotive characteristic is a reverse sensor; comparable sensors are also common in automated guided vehicles in factories and warehouses. It is one of the most recent developments that aids in the prevention of car accidents.

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