| Product Code: ETC4459352 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The collision avoidance system market in Sri Lanka is growing rapidly due to increasing awareness of road safety and the adoption of advanced driver-assistance systems (ADAS). These systems, which include technologies like radar, LiDAR, and ultrasonic sensors, help prevent accidents by detecting potential hazards and assisting drivers in avoiding collisions. The market is propelled by rising vehicle sales, stringent government regulations on vehicle safety, and growing consumer demand for safer vehicles. The integration of these systems in commercial vehicles and the expansion of the automotive industry further enhance market growth.
The collision avoidance system market in Sri Lanka is driven by the need to enhance safety in transportation, especially in densely populated urban areas. Factors such as increasing traffic congestion, rising road accidents, and government regulations promoting vehicle safety standards are boosting the adoption of collision avoidance systems. Additionally, technological advancements in sensors and automotive electronics play a crucial role in market growth.
The adoption of collision avoidance systems in Sri Lanka is hindered by infrastructure limitations and regulatory frameworks that are still evolving. Despite increasing awareness of road safety measures, integrating advanced technologies into existing vehicle fleets remains a gradual process. High costs associated with retrofitting vehicles and the need for continuous updates in software and hardware pose significant challenges to market growth.
The collision avoidance system market in Sri Lanka is closely regulated by government policies focused on enhancing road safety and reducing traffic accidents. The government has mandated stringent regulations requiring the installation of collision avoidance systems in commercial vehicles and is actively promoting the adoption of these systems through awareness campaigns and incentives for vehicle manufacturers and fleet operators. These policies aim to mitigate the high incidence of road accidents in Sri Lanka by encouraging the use of advanced safety technologies like collision avoidance systems.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Collision Avoidance System Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Collision Avoidance System Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Collision Avoidance System Market - Industry Life Cycle |
3.4 Sri Lanka Collision Avoidance System Market - Porter's Five Forces |
3.5 Sri Lanka Collision Avoidance System Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Sri Lanka Collision Avoidance System Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Sri Lanka Collision Avoidance System Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sri Lanka Collision Avoidance System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for road safety measures in Sri Lanka |
4.2.2 Government regulations mandating the use of collision avoidance systems in vehicles |
4.2.3 Growing awareness among consumers about the benefits of collision avoidance systems |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing collision avoidance systems |
4.3.2 Limited availability of advanced technology and skilled professionals in the market |
4.3.3 Lack of standardization and interoperability among different collision avoidance systems |
5 Sri Lanka Collision Avoidance System Market Trends |
6 Sri Lanka Collision Avoidance System Market, By Types |
6.1 Sri Lanka Collision Avoidance System Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Adaptive Cruise Control (ACC), 2021-2031F |
6.1.4 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Autonomous Emergency Braking (AEB), 2021-2031F |
6.1.5 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Lane Departure Warning System (LDWS), 2021-2031F |
6.1.6 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Parking assistance, 2021-2031F |
6.1.7 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sri Lanka Collision Avoidance System Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Collision Avoidance System Market Revenues & Volume, By LiDAR, 2021-2031F |
6.2.3 Sri Lanka Collision Avoidance System Market Revenues & Volume, By RADAR, 2021-2031F |
6.2.4 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Ultrasonic, 2021-2031F |
6.2.5 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Camera, 2021-2031F |
6.2.6 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Others, 2021-2031F |
6.3 Sri Lanka Collision Avoidance System Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Rail, 2021-2031F |
6.3.3 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Aerospace and Defense, 2021-2031F |
6.3.5 Sri Lanka Collision Avoidance System Market Revenues & Volume, By Marine, 2021-2031F |
7 Sri Lanka Collision Avoidance System Market Import-Export Trade Statistics |
7.1 Sri Lanka Collision Avoidance System Market Export to Major Countries |
7.2 Sri Lanka Collision Avoidance System Market Imports from Major Countries |
8 Sri Lanka Collision Avoidance System Market Key Performance Indicators |
8.1 Number of road accidents prevented or minimized due to collision avoidance systems |
8.2 Adoption rate of collision avoidance systems in new vehicle purchases |
8.3 Rate of technological advancements and innovations in collision avoidance systems |
9 Sri Lanka Collision Avoidance System Market - Opportunity Assessment |
9.1 Sri Lanka Collision Avoidance System Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Sri Lanka Collision Avoidance System Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Sri Lanka Collision Avoidance System Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sri Lanka Collision Avoidance System Market - Competitive Landscape |
10.1 Sri Lanka Collision Avoidance System Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Collision Avoidance System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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