Front Collision Warning Market Expected to Behold a CAGR of 14.5% through 2032
A forward collision warning system is an active safety feature that warns a driver in the event of imminent frontal collision. When the vehicle comes too close to another vehicle in front of it, a visual and audible signal occurs to alert the driver to the situation. It is also known as pre-crash system or collision mitigation system. It utilized radar and sometimes laser (LIDAR) and camera to detect an imminent crash.
Demand for forward collision warning system is rising due to the
increasing concern of society toward safety and forward collision system comes
by default in the autonomous vehicles. The forward collision warning system
market is estimated to expand at a remarkable pace due the automation of the
automotive industry. Several automotive manufacturers are providing this
feature even in small segmented cars in order to reduce the number of road
accidents.
The forward collision warning system market can be segmented based on
the warning systems used, reaction of the warning system, placement of the
system in the vehicle, type of manufacturer, type of the vehicle, and region.
Based on the warning system used, the forward collision system market
can be categorized into radar, LIDAR, and camera. In a radar warning system
(Radio detection and ranging) technology, radio waves are used to measure the
distance from the other vehicle or any hurdle in the way. In LIDAR (Light
Detection and Ranging) technology, a laser emits an infrared laser beam from
the hood of the vehicle, which reflects off another vehicle and allows the
distance between the two vehicles to be measured. Camera warning
systems work differently than radar and laser warning systems. Instead of
relying on Doppler Shift readings or reflections, this forward collision
warning system has a camera mounted on the front of the vehicle and an
electronic image-processor. The camera and image-processor are used to
determine the risk of frontal collision.
In terms of reaction of the system, the forward collision warning system
market can be categorized into three types on the basis of the reaction of the
system as warning and preparing brakes, warning and autonomous braking, and
autonomous braking. The first type of reaction system issues a warning and
prepares the braking system to provide maximum stopping power the moment the
driver presses the brake pedal. This type of system does not autonomously apply
the brakes. The second type of reaction system is estimated to warn the driver
and autonomously apply the brakes in order to slow the vehicle prior to impact
or to stop a vehicle and prevent an impact. These systems first warn the driver
and prepare the brakes for full stopping power, and then, if the driver fails
to respond to the warning, they will try to slow or stop the vehicle without
driver input. The third type of reaction system autonomously brakes the
car without first warning the driver. It first identifies the potential for a
collision, and then readies the braking system to deliver maximum stopping
power when the driver reacts. If the driver does nothing, however, the system autonomously
engages the vehicle’s brakes.
Based on the type of vehicle, the forward collision warning system
market can be segmented into passenger vehicle and commercial vehicle. The
passenger vehicle segment is further sub-segmented into hatchback, sedan, and
multi utility vehicle (MUV). The commercial vehicle segment is further
sub-segmented into light commercial vehicle (LCV) and heavy commercial vehicle
(HCV).
In terms of region, the forward collision warning system market can be
segmented into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. North America and Europe dominate the global forward
collision warning system market due to the increasing concerns about safety and
the presence of advanced technologies in the regions. Asia Pacific is an
emerging market for the forward collision system.
Key manufacturers operating in the forward collision warning system
market are Delphi Automotive LLP, Velodyne LiDAR Inc., Gentex Corporation, ZF
Friedrichshafen, Continental AG, and Denso Corporation.
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