The Asia Pacific Collision Avoidance System Market is expected to witness market growth of 11.6% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Collision Avoidance System Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $11.95 billion by 2031. The Japan market is registering a CAGR of 10.9% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 12.4% during 2024-2031.
The increasing deployment of autonomous ships and remotely operated underwater vehicles (ROVs) drives innovation in AI-powered navigation and real-time obstacle detection systems. Additionally, governments enforce stricter maritime safety regulations, further fuelling the demand for advanced collision avoidance technologies in the shipping industry.
In the railway sector, collision avoidance systems prevent train accidents, derailments, and collisions at level crossings. Technologies such as Positive Train Control (PTC) use GPS, onboard sensors, and wireless communication to monitor train speed, detect obstacles on tracks, and automatically apply brakes when necessary.
The market is expanding rapidly, driven by the increasing adoption of advanced driver assistance technologies, growing automotive production, and stringent road safety regulations. China continues to dominate the global automotive sector, maintaining its position as the leader in vehicle production and sales. As per the International Trade Administration (ITA), China’s annual vehicle production is projected to reach 35 million units by 2025, with passenger vehicle sales exceeding 21.48 million in 2021, marking a 7.1% increase. India faces a significant road safety challenge, with the Ministry of Road Transport and Highways reporting 4,61,312 road accidents in 2022, resulting in 1,68,491 fatalities and 4,43,366 injuries. Australia has established ambitious road safety objectives in its National Road Safety Strategy 2021-30. The objective is to decrease fatalities by a minimum of 50% and severe injuries by 30% by 2030. This initiative prioritizes Safe Roads, Safe Vehicles, and Safe Road Use, fostering the widespread adoption of collision avoidance technologies. Therefore, the rapid expansion of China’s automotive industry, India’s alarming road accident statistics, and Australia’s structured road safety initiatives collectively fuel the system demand.
The China market dominated the Asia Pacific Collision Avoidance System Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $11.95 billion by 2031. The Japan market is registering a CAGR of 10.9% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 12.4% during 2024-2031.
The increasing deployment of autonomous ships and remotely operated underwater vehicles (ROVs) drives innovation in AI-powered navigation and real-time obstacle detection systems. Additionally, governments enforce stricter maritime safety regulations, further fuelling the demand for advanced collision avoidance technologies in the shipping industry.
In the railway sector, collision avoidance systems prevent train accidents, derailments, and collisions at level crossings. Technologies such as Positive Train Control (PTC) use GPS, onboard sensors, and wireless communication to monitor train speed, detect obstacles on tracks, and automatically apply brakes when necessary.
The market is expanding rapidly, driven by the increasing adoption of advanced driver assistance technologies, growing automotive production, and stringent road safety regulations. China continues to dominate the global automotive sector, maintaining its position as the leader in vehicle production and sales. As per the International Trade Administration (ITA), China’s annual vehicle production is projected to reach 35 million units by 2025, with passenger vehicle sales exceeding 21.48 million in 2021, marking a 7.1% increase. India faces a significant road safety challenge, with the Ministry of Road Transport and Highways reporting 4,61,312 road accidents in 2022, resulting in 1,68,491 fatalities and 4,43,366 injuries. Australia has established ambitious road safety objectives in its National Road Safety Strategy 2021-30. The objective is to decrease fatalities by a minimum of 50% and severe injuries by 30% by 2030. This initiative prioritizes Safe Roads, Safe Vehicles, and Safe Road Use, fostering the widespread adoption of collision avoidance technologies. Therefore, the rapid expansion of China’s automotive industry, India’s alarming road accident statistics, and Australia’s structured road safety initiatives collectively fuel the system demand.
List of Key Companies Profiled
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Continental AG
- DENSO CORPORATION
- Aptiv PLC
- Robert Bosch GmbH
- Analog Devices, Inc.
- Murata Manufacturing Co., Ltd.
- Panasonic Holdings Corporation
- Alstom SA
Market Report Segmentation
By Technology
- Radar
- Camera
- Ultrasound
- LiDAR
By Application
- Adaptive Cruise Control (ACC)
- Forward Collision Warning System (FCWS)
- Blind Spot Detection (BSD)
- Parking Assistance
- Lane Departure Warning System (LDWS)
- Other Application
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Collision Avoidance System Market by Technology
Chapter 6. Asia Pacific Collision Avoidance System Market by Application
Chapter 7. Asia Pacific Collision Avoidance System Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Infineon Technologies AG
- NXP Semiconductors N.V.
- Continental AG
- DENSO CORPORATION
- Aptiv PLC
- Robert Bosch GmbH
- Analog Devices, Inc.
- Murata Manufacturing Co., Ltd.
- Panasonic Holdings Corporation
- Alstom SA
Methodology
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