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Collision Avoidance System Market worth 50.38 Billion USD by 2020

The global collision avoidance system market is expected to grow from USD 31.19 Billion in 2014 to USD 50.38 Billion by 2020 at a CAGR of 7.74% between 2015 and 2020.<br><br>

RameshwarM
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Collision Avoidance System Market worth 50.38 Billion USD by 2020

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  1. MarketsandMarkets Presents Collision Avoidance System Market worth 50.38 Billion USD by 2020 The report "Collision Avoidance System Market by Device, Technology, Application (Automotive, Aerospace, Railway, Marine, and Construction & Mining), and Region (North America, Europe, Asia-Pacific, and RoW) - Global Trend & Forecast to 2020", published by MarketsandMarkets, is expected to grow from USD 31.19 Billion in 2014 to USD 50.38 Billion by 2020 at a CAGR of 7.74% between 2015 and 2020. Browse 79 market data Tables and 72 Figures spread through 179 Pages and in-depth TOC on "Collision Avoidance System Market". Download Free Sample Pages @ http://www.marketsandmarkets.com/pdfdownload.asp?id=127445458

  2. The market is expected to be driven by the growing focus of consumers and OEMs on safety features of vehicles, government regulations, influence of the New Car Assessment Programs (NCAPs), and encouragement from insurance companies by reducing the premium for vehicles with installed collision avoidance systems. The market for collision avoidance systems used in the construction & mining sector is expected to grow considerably during the forecast period. The growth of collision avoidance system market in other applications is expected to be rapid due to the significant demand for new fleet (aircraft, ships, and trains including rail network). Get More Information@ http://www.marketsandmarkets.com/Market-Reports/collision-avoidance-system-market-127445458.html Early buyers will receive 10% customization on reports. Europe was the largest market in 2014, followed by North America and Asia-Pacific. Regulations have driven the market for collision avoidance systems to reduce the collisions and mitigate the effects of imminent collisions (accidents). Europe was the early adopter which has resulted in a large market for collision avoidance systems in 2014.

  3. Collision avoidance systems are used in the construction & mining sector and this market is expected to witness rapid growth during the forecast period However, acceptance and installation rates of collision avoidance systems in construction & mining equipment sector are high. The market for collision avoidance systems used in the construction & mining sector is expected to grow considerably during the forecast period. The growth of collision avoidance system market in other applications is expected to be rapid due to the significant demand for new fleet (aircraft, ships, and trains including rail network). The major companies in the global collision avoidance system market that have been included in this report are Robert Bosch GmbH (Germany), Delphi Automotive Plc. (U.K.), Autoliv, Inc. (Sweden), Denso Corporation (Japan), Mobileye N.V. (Israel), Becker Mining Systems AG (Germany), Hexagon AB (Sweden), Wabtec Corporation (U.S.), Rockwell Collins, Inc. (U.S.), Aviation Communication & Surveillance Systems, LLC (U.S.), Honeywell International, Inc. (U.S.), Saab AB (Sweden), General Electric Company (U.S.), Alstom SA (France), and Siemens AG (Germany), and others. The report describes market dynamics that include key drivers, restraints, challenges, and opportunities with respect to the collision avoidance system market and forecasts the same till 2020.

  4. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pinpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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