Collision Mitigation System Market 2022 Trends, Share, Size, Growth, Opportunity and Forecast to 2031

Collision Mitigation System Market 2022

Collision Mitigation System (CMS) is a system that provides warning or intervention to prevent or mitigate the effects of a collision. Some of the major factors driving the growth of the Collision Mitigation System Market include the increasing demand for luxury cars, rising number of road accidents, and technological advancements in Collision Mitigation Systems. However, high installation and maintenance cost may restrain the growth of this market to some extent.

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According to the study conducted by the National Transportation Safety Board (NTSB) of the U.S., more than 1.7 million rear-end crashes occurred in the U.S. in 2022, resulting in 1,705 fatalities and 500,000 injuries. In 2022, the number of rear-end crashes increased by 6.8% as compared to 2021.

The Collision Mitigation System Market has been segmented on the basis of type, vehicle type, and region. On the basis of type, it has been divided into two categories: active systems and passive systems. Active systems are further classified into radar-based systems, camera-based systems, laser-based systems, and infrared-based systems. Passive systems are further classified into ultrasonic sensors-based systems and wheel speed sensor-based systems.

In each of the investigated rear-end collision by NTSB, it has been found that drivers of the striking vehicles were not able to detect the slowed or stopped traffic and stop their vehicle in time. Driver failure to control vehicle in such critical situations could have prevented with installation of collision mitigation system in vehicle.

Collision mitigation system uses data inputs from its vision and radar sensors to offer full automatic braking when it predicts high risk of collision. CMS comes along with variety of functions such as full speed range adaptive control, forward collision control, lane departure warning, headway alert and autonomous breaking system, which enable drivers to avoid collision.

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