According to Cognitive Market Research, The Global Anti Collision Sensor market size is USD 5217.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 20.50% from 2023 to 2030.
North America Anti collision Sensor held the major market of more than 40% of the global revenue with a market size of USD 2086.88 million in 2023 and will grow at a compound annual growth rate (CAGR) of 18.7% from 2023 to 2030.
Europe Anti collision Sensor accounted for a share of over 30% of the global market size of USD 1565.16 million in 2023.
Asia Pacific Anti collision Sensor held the market of more than 23% of the global revenue with a market size of USD 1199.96 million in 2023 and will grow at a compound annual growth rate (CAGR) of 22.5% from 2023 to 2030.
South America Anti collision Sensor market of more than 5% of the global revenue with a market size of USD 260.86 million in 2023 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2023 to 2030.
Middle East and Africa Anti collision Sensor held the major market of more than 2% of the global revenue with a market size of USD 104.34 million in 2023 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2023 to 2030.
Growing demand for safety features in commercial vehicles, there is an increasing need for Anti Collision Sensor.
The market for Anti Collision Sensor continues to be more in demand from Passenger Cars.
In 2023, the category with the largest revenue share in the Anti Collision Sensor market was Aerospace and Defense.
