COVID-19 Impact Analysis on Automotive Advanced Driver Assistance Systems (ADAS) Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive advanced driver assistance systems (adas) market include Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, ZF TRW Automotive., Audi AG, BMW AG, Ford Motors Co., General Motors. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The automotive ADAS market is anticipated to grow significantly due to driver safety assistance mandates imposed by various countries worldwide. Moreover, rising safety awareness and increasing frequency of accidents drive the automotive ADAS industry. The increasing government regulations for mandatory implementation of automotive ADAS in vehicles are anticipated to drive the demand further. Furthermore, rapid urbanization, rising living standards, and level of income is resulting in more adoption of automotive ADAS. The increasing demand for premium and luxury cars is also propelling the growth of the automotive ADAS market. The high cost compared to standard passenger cars are factors that may impact the growth of this market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive advanced driver assistance systems (adas). The growth and trends of automotive adas industry provide a holistic approach to this study.
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Market Segmentation
This section of the automotive advanced driver assistance systems (adas) market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Vehicle Type
· Passenger Car
· Light Commercial Vehicle
· Medium & Heavy-Duty Commercial Vehicle
By Technology Type
· Adaptive Front Light
· Blind Spot Detection
· Electronic Brake Assist
· Drowsiness-Monitoring System
· Lane Departure Warning
· Head-Up Display
· Night Vision System
· Park Assist
· E-Call Telematics
· Tire Pressure-Monitoring System
· Others
By Sensor Type
· Radar
· Image
· LIDAR
· Infrared
· Ultrasonic
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Automotive ADAS market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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The report titled ‘Global Advanced Driver Assistance Systems (ADAS) Market Report Forecast to 2027’ provides an in-depth study of the Advanced Driver Assistance Systems (ADAS) sector.
The analysis contained in the report includes a pictorial representation of crucial information relating to the global Advanced Driver Assistance Systems (ADAS) business, along with an extensive investigation of the regional landscape.
The report also provides a detailed evaluation of the critical elements of the global Advanced Driver Assistance Systems (ADAS) market, including product types, applications, end-uses, regions, and leading players.Market Size – USD 19.57 Billion in 2018, Market Growth - CAGR of 22.57%, Market Trends – Growing automotive industry has proliferated the rising need for safety of the vehicle as well as the passengers, thus in turn foserting the growth of the Advanced Driver Assistance Systems market.
Get a Sample Copy of the Advanced Driver Assistance Systems (ADAS) Market Report (Submit your official email ID to get priority) https://www.reportsanddata.com/sample-enquiry-form/2202 The Global Advanced Driver Assistance Systems (ADAS) Market gives an outline of the current market dynamics by scrutinizing factors such as the drivers, trends, opportunities, challenges, and restraints in the forecast years (2020-2027).
It traces the competitive landscape in the Advanced Driver Assistance Systems (ADAS) industry, which underlines different aspects like product offerings, production capacity, techniques, cost structure, value chain, financial standing, sales margin, and other notable developments recorded in the Advanced Driver Assistance Systems (ADAS) sector.Additionally, this report also offers an analysis of both short-term and long-term strategies adopted by the key companies in the global Advanced Driver Assistance Systems (ADAS) business.
The scope of all segments and sub-segments has also been included in the report.
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.
There is a rising demand for passenger car applications.
Moreover, the popularity of ADAS system in family car creating a huge demand for Advanced Driver Assistance Systems (ADAS) worldwide.
The major factors driving the growth of the Advanced Driver Assistance Systems (ADAS) market further include the promotion of government policy and the increasing consumer demand for safety.
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.
