Market Share of Automotive Collision Avoidance Systems Industry
A few players, such as Continental, Delphi, Denso, Autoliv, Mobileye, Panasonic, and Hella, dominate the automotive collision avoidance systems market. However, the market still attracts several new players, which indicates the great potential this market exhibits. They are entering partnerships and planning to invest in the latest ADAS features. For instance, in November 2023, Hesai Technology announced an automotive LIDAR design partnership with Great Wall Motors. Multiple passenger vehicle models from GWM will equip Hesai's ultra-high resolution long-range lidar AT128, with plans for mass production and delivery starting in 2024.
Additionally, in June 2023, Nissan Motors announced the development of new LIDAR-based advanced driver-assistance technology, which features intersection collision avoidance. The technology features a new control logic for intersection collision avoidance based on ground-truth perception technology utilizing next-generation LIDAR. It can detect an object’s speed, location, and potential risk of a collision from a lateral direction.
Automotive Collision Avoidance Systems Market Leaders
-
Continental AG
-
Delphi Automotive
-
Robert Bosch GmbH
-
Autoliv Inc.
-
Mobileye
*Disclaimer: Major Players sorted in no particular order