TransactionsIP LLC is pleased to present the exclusive patents for sale “COLLISION DETECTION AND AVOIDANCE SYSTEM” which includes U.S. Patents US 10392013 B2, US 10632914, US 16/506,408 (NOA) assigned to Hakki et al. The IP relates to, collision detection and avoidance system.
The technology disclosed provides the following advantages:
- The system helps to avoid accidents due to tailgating.
- The invention provides parking assistance by projecting vehicle dimensions relative to the available parking space, to help guide the driver to fit within the parking space.
The global collision avoidance system market was valued at $13.18 billion in 2016 and is expected to garner at $24.99 billion by 2023, growing at a CAGR of 9.57% from 2017 to 2023. Collision Avoidance System is a safety awareness or a warning system designed to reduce the severity of a collision. Such systems are widely used in automobile and mining sectors to avoid accidents. It is also known as the pre-crash system, forward collision warning system, or collision mitigating system. This system helps detect the imminent strike, alerting the driver about any collision. These systems are interpolated within the vehicle to enable semi-autonomous and autonomous decision-making. Increase in demand for automated vehicles plays a vital role in driving the automobile collision avoidance system market. Representing the developed world, the United States will maintain a 8.4% growth momentum.
This patent portfolio is being offered for sale for $150k.