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The pre-collision technology market has witnessed rapid growth, escalating from $51.04 billion in 2023 to $56.56 billion in 2024, boasting a CAGR of 10.8%. Technologies like forward collision warning and automatic emergency braking drove this growth. Forecasts indicate the market will reach $80.52 billion by 2028, with a CAGR of 9.2%. Anticipated drivers include driver-assistance systems and connected vehicle technologies. Major trends to observe include enhanced sensor fusion technologies and AI-powered collision prediction systems.

The growth of the pre-collision technology market is anticipated to be driven by the increasing demand for autonomous vehicles. Autonomous vehicles, capable of operating without human intervention, utilize pre-collision technology to detect and mitigate potential accidents through the integration of cameras, sensors, radar, and software. By 2025, an estimated 3.5 million self-driving vehicles are projected to be on US roads, with an anticipated increase to 4.5 million by 2030. Furthermore, it is expected that 75% of global vehicles will be autonomous by 2040, emphasizing the significant role of autonomous vehicle demand in propelling the pre-collision technology market forward.

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What Are The Key Trends That Influence Pre-Collision Technology Market Share Analysis?

Major companies in the pre-collision technology market are focusing on technologically advanced products, such as collision avoidance systems, to strengthen their market position. A collision avoidance system is designed to prevent or mitigate the severity of a collision. For instance, in June 2023, Wabtec Corporation, a US-based company that offers equipment, systems, and digital solutions, launched the Generation 3 Collision Avoidance System (CAS). This system features a new, cleaner user interface and context-based voice alerts created with the latest human factor design principles, replacing beeps-and-buzzer analog technology with smart, discrete, directed, and auditory alerts. This interface enables operators to operate without distractions and respond immediately to auditory notifications, thereby improving safety and productivity while providing the latest level of performance through its rules and intelligence capabilities.

Which Market Players Are Driving Growth In The Pre-Collision Technology Market?

Major companies operating in the pre-collision technology market report are Toyota Motor Corporation, Robert Bosch GmbH, Siemens AG, General Electric Company, Hitachi Automotive Systems, Panasonic Corporation, Denso Corporation, Qualcomm Technologies Inc., ZF Friedrichshafen AG, Continental AG, Hyundai Mobis, Magna International Inc., Mitsubishi Electric Corporation, Honeywell International Inc., Valeo SA, Texas Instruments Incorporated, Collins Aerospace, Aptiv PLC, Alstom SA, Infineon Technologies AG, NXP Semiconductors, Renesas Electronics Corporation, Autoliv Inc., Wabtec Corporation, Garmin Ltd., Pioneer Corporation, Mobileye, Delphi Automotive PLC

How Is The Global Pre-Collision Technology Market Segmented?

The pre-collision technology market covered in this report is segmented –

1) By Product: Parking Assistance, Lane Departure Warning System (LDWS), Autonomous Emergency Braking (AEB), Adaptive Cruise Control (ACC), Other Products
2) By Technology: Camera, Ultrasonic, Radio Detection And Ranging (RADAR), Light Detection And Ranging (LiDAR), Other Technologies
3) By Application: Automotive, Aviation, Railway, Mining, Marine, Other Applications

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The Pre-Collision Technology Global Market Report 2024 provides an overview of the pre-collision technologymarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pre-collision technology market forecast analyzes pre-collision technology market size, pre-collision technology market share, leading competitor and their market positions.

The Table Of Content For The Pre-Collision Technology Market Include

1. Pre-Collision Technology Market Executive Summary
2. Pre-Collision Technology Market Segments
3. Pre-Collision Technology Market Size And Template Market Growth Rate
4.  Key Pre-Collision Technology Market Trends
5. Major Pre-Collision Technology Market Drivers
……
25. Key Mergers And Acquisitions In The Pre-Collision Technology Market
26. Top Pre-Collision Technology Companies
27. Pre-Collision Technology Market Opportunities And Strategies
28. Pre-Collision Technology Market, Conclusions And Recommendations
29. Appendix

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