Asia Pacific Collision Avoidance Sensors Market Size & Outlook
Asia Pacific collision avoidance sensors market, 2018-2030 (US$M)
Asia Pacific collision avoidance sensors market highlights
- The Asia Pacific collision avoidance sensors market generated a revenue of USD 1,448.7 million in 2023.
- The market is expected to grow at a CAGR of 16.4% from 2024 to 2030.
- In terms of segment, adaptive cruise control (acc) was the largest revenue generating application in 2023.
- Adaptive Cruise Control (ACC) is the most lucrative application segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,448.7 million |
| Market revenue in 2030 | USD 4,190.9 million |
| Growth rate | 16.4% (CAGR from 2023 to 2030) |
| Largest segment | Adaptive cruise control (acc) |
| Fastest growing segment | Adaptive Cruise Control (ACC) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adaptive Cruise Control (ACC) |
| Key market players worldwide | Continental AG, BorgWarner Inc, NXP Semiconductors NV, Infineon Technologies AG, Murata Manufacturing Co Ltd, Panasonic Holdings Corp, Robert Bosch Engineering & Business Solutions, Sensata Technologies Holding PLC, Texas Instruments Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.4% of the global collision avoidance sensors market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,190.9 million by 2030.
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Collision Avoidance Sensors Market Scope
Collision Avoidance Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific collision avoidance sensors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to collision avoidance sensors market will help companies and investors design strategic landscapes.
Adaptive cruise control (acc) was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific collision avoidance sensors market based on adaptive cruise control (acc) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of collision avoidance sensors market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific collision avoidance sensors market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific collision avoidance sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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