Growing Automotive Safety Concerns Propel Forward Collision Warning System Market To $59.36 Billion By 2029

The forward collision warning system for automotive market size has grown rapidly in recent years. It shifted from $33.99 billion in 2024 to $37.9 billion in 2025, marking a compound annual growth rate (CAGR) of 11.5%. This growth can be attributed to increasing awareness of road safety, rising consumer demand for advanced safety features, increasing number of road accidents, government initiatives for road safety, and increased vehicle production.

Rapid market growth is expected to continue, with the market projected to reach $59.36 billion in 2029 at a CAGR of 11.9%. This growth can be associated with continued emphasis on vehicle safety ratings, global expansion of ADAS market, regulatory mandates, insurance industry collaboration, urbanization and traffic congestion, and the development of customizable warning alerts.

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What’s Driving The Growth In The Forward Collision Warning System For Automotive Market?
The increasing number of road accidents has necessitated the adoption of forward collision warning systems in the automotive market. These systems analyze vehicle speed, generating warning lights and alerts if it predicts an impending collision. According to UK-based organization, Bake, The Road Safety Charity, there were 1,766 road deaths in the UK in 2022, marking an increase of 10% since 2021. The rising incidence of road accidents is expected to fuel the growth of the forward collision warning systems for the automotive market.

What Are The Major Segments In The Forward Collision Warning System For Automotive Market?

The forward collision warning system for automotive market can be segmented as follows:
1) By Type: Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), Lane Departure Warning System (LDWS), Parking Assistance, Other Types
2) By Technology: LIDAR, Radar, Camera, Ultrasonic, Other Technologies
3) By Sales Channel: OEM, Aftermarket
4) By Application: Aerospace And Defense, Marine, Rail, Automotive

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Which Companies Are Dominating The Forward Collision Warning System For Automotive Market?

Major companies operating in the forward collision warning system for automotive market include Velodyne LiDAR Inc., Gentex Corporation, ZF Friedrichshafen AG, Continental AG, Denso Corporation, BorgWarner Inc., Mobileye Global Inc., Honeywell International Inc., Robert Bosch GmbH, Siemens AG, Autoliv Inc., Infineon Technologies AG, Panasonic Corporation, Bendix Commercial Vehicle Systems LLC, Toyota Motor Corporation, WABCO Vehicle Control Services, RTX Corporation, Valeo Group, Aptiv PLC, Hitachi Astemo Ltd., NXP Semiconductors, STMicroelectronics N.V.

What Trends Are Emerging In The Forward Collision Warning System For Automotive Market?
Technological advancements have brought about new developments in collision warning systems for the automotive industry. For instance, in August 2023, Volvo Trucks launched new safety systems, introducing features like Front Short Range Assist for imminent collision alerts, and Intelligent Speed Assist for speed limit alerts. Furthermore, the company introduced a Tire Pressure Monitoring System for early pressure alerts, Door Opening Warning, and Auto Hold systems.

What Is The Regional Outlook Of The Forward Collision Warning System For Automotive Market?
North America emerged as the largest region in the forward collision warning system for automotive market in 2024. Other included regions in the market report are Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

What Does The Forward Collision Warning System For Automotive Market Report 2025 Offer?

The forward collision warning system in the automotive industry refers to a proactive safety device that alerts the driver ahead of a frontal collision. When a potential collision is detected, the system issues a warning, and should the driver not respond promptly, it can initiate automated braking. The Forward Collision Warning System For Automotive Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

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