Global Advanced Driver Assistance Systems Market was valued at USD 12.45 billion in 2018 and is expected to reach a value of USD 45.15 billion at a CAGR of 16.05% during forecast period, 2019–2026.
Advanced Driver Assistance Systems Market Report Overview
The Advanced Driver Assistance Systems Market Scope and Size -
The data and information is extensively researched and analysed in the large scale Advanced Driver Assistance Systems report to guide market players to improve their business planning and ensure long-term success.
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This market research report is sure to assist businesses for the long-lasting accomplishments in terms of better decision making, revenue generation, prioritizing market goals and profitable business.
Market Insights and Analysis - Global Advanced Driver Assistance Systems Market-
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Regional Analysis:
North America, Europe, China, Japan, Southeast Asia, India, and ROW.
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Key Companies of Advanced Driver Assistance Systems Market -
Key Players Robert Bosch (Germany), ZF Friedrichshafen (Germany), Intel (U.S.), and Aptiv (U.K), Magna International Inc., Autoliv Inc., Continental AG (Germany), Robert Bosch GmbH (Germany), Valeo (France), Denso Corporation (Japan), NXP Semiconductor (Netherlands), Panasonic Corporation (Japan), Renesas Electronics Corporation (Tokyo), and Texas Instruments (U.S.).
Advanced Driver Assistance Systems Market Segmentations-
By System, Adaptive Cruise Control System, Blind Spot Object Detection System, Lane Departure Warning System, Adaptive Front-lighting System, Tire Pressure Monitoring System, Others
By Component, RADAR, LiDAR Sensor, Ultrasonic Sensor, Camera Unit
By Vehicle type, Passenger Car, Light Commercial Vehicle, Buses, Trucks.
By Offering, Hardware, Software
Points Covered in Advanced Driver Assistance Systems Market Report:
- The significant drivers, limitations, potential open doors, difficulties, and industry patterns and their effect available conjecture are examined completely.
- Definite profiles of different key organizations are canvassed in the report alongside their business outline, strategic development and monetary information.
- The creating variables of the market are talked about inside and out and various fragments of the market are made sense of exhaustively.
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In this report, the global Advanced Driver Assistance Systems (ADAS) market to reach 51 billion USD by 2022 from 11 Billion USD in 2016, growing at a CAGR of 26.98% between 2016 and 2022.
In 2015, parking assist systems held the largest share in the market owing to the development of the partial and fully autonomous cars.
This system helps the driver to safely park the cars in the exhaustive and challenging situation by giving a full perspective of the vehicle back side including the blind spots.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-advanced-driver-assistance-systems-adas-market-2020-2026/request-sample The classification of Advanced Driver Assistance Systems (ADAS) includes Adaptive Cruise Control (ACC), Lane Departure Warning (LDW) System, Park Assist, Blind Spot Detection and Other.
The European Advanced Driver Assistance System market is expected to hold the largest share by 2022 owing to the major driving factors such as matured automotive sector, higher adoption of advanced technology, and high consumer preference for the driver safety and safety regulations.
The expansion of European Automotive market will drive the growth of ADAS market After Germany and the UK; the US is expected to be the next emerging country for the global ADAS market.
Through a secure human Machine interface, ADAS enhance road and vehicle safety for drivers.
Additionally, these electronic devices are designed to improve drivers' awareness, and thus, make the driving experience safer and more enjoyable.
This information is then fed into a central display, which show various road and weather conditions, and other factors that affect driving safety, such as vehicle deformation, bumps and obstructions, and even the presence of hazards, on the road.
This is particularly useful for seniors, who may not be able to respond quickly enough to emergencies when the vehicle in front is making a turn or lane change, and may not be able to take evasive action in time.
Neuro-networks are characterized by large collections of interrelated brain cells.
This enables these brain cells to rapidly recognize the actions of single neurons and to associate those behaviors with the particular state they're in.
Among all the vehicles type segments, the passenger vehicle type is dominating and it held major share of $45.62 billion in 2017 and is projected to reach $121.165 million by 2023 at a CAGR of 19.11%.
To access full report click on below link:https://industryarc.com/Report/20/advanced-driver-assistance-systems-market.htmlAdvanced Driver Assistance Systems Analysis done in the full Report:The growth of the automotive industry in the ADAS Market is expected to be $1971 million at a CAGR of 16.1% by 2023.
Excerpts on Market Growth Factors:• Automobile manufacturers are combining wireless and smartphone technology with automotive electronics that provides solutions to the consumer needs.
Manufacturers are focusing on Human Machine Interface frameworks and new interfaces.
• There is a difference between the demand generated by the regulations imposed by government bodies and the changing preferences of the consumers.
By Geography(covers 14+ countries)E. Market Entropy Companies Cited/ Interviewed 1.
