Advanced
Driver Assistance Systems (ADAS) Market Size and Growth Rate:
Size of the globally advanced driver
assistance system (ADAS) market was at USD 24,890 million in 2016 and is
projected to grow at a CAGR of 20.02% from 2017 to 2025 to reach USD 142,049
million by 2025.
Browse details of 150 number of pages research report developed on
Advanced Driver Assistance System Market
@ https://www.researchcosmos.com/reports/advanced-driver-assistance-systems-adas-market/92976301
Advanced
Driver Assistance Systems (ADAS) Market Growth Drivers and Restraints:
The global advanced driver assistance systems
market is mainly driven by the increasing production of passenger vehicles
around the world, along with the rising preference for safety among consumers
in their vehicles. This system supports the driver in various tasks like blind
spot detection, lane warning, parking, and so on. The rising number of
accidents around the world has been contributing majorly to this assistance
system market. The advances in the technology has made it simple for the
implementation of such features in vehicles, which is anticipated to grow more
drastically in the coming years.
Improved focus on customer owing to the need
for comfort, safety, and growth in management organizations that guarantee
security assistance promotes the global business. Nevertheless, circumstances such
as inflation, pricing pressure, and complexity & difficulty in testing
systems hinder the majority of this industry. Enhancements in the technology,
and focus on implementing this system in cars with affordable prices, offer
huge potential for growth in future.
Geographical Analysis of Advanced Driver Assistance Systems (ADAS) Market:
Based on the geography, the global advanced
assistance systems market is divided into Europe, Asia Pacific, North America,
Middle East and Africa (MEA) and Latin America. The Asia Pacific region is
projected to grow rapidly in the world market and dominate it over the forecast
period till 2025. The increasing production of automobiles in nations like
China, India, Japan, etc., and the rise in disposable income of the population
to purchase premium cars, have been the determining factors for the growth of
the Asia Pacific market.
North America and Europe are the other
promising regions for the advanced driver assistance systems market,
attributing to the mounting sales of passenger vehicles, early adoption of
technology, and increasing investments by manufacturers in improving the
research and development activities.
Ask For Free Sample of the report @ https://www.researchcosmos.com/request/advanced-driver-assistance-systems-adas-market/92976301
Key Players of Advanced
Driver Assistance Systems (ADAS) Market:
Some of the prominent players in the global advance
driver assistance system market are Audi AG, BMW AG, AISIN SEIKI Co.,Ltd,
Autoliv Inc., Delphi Automotive PLC, Continental AG, Denso Corporation, Ford
Motor Company, General Motors Company, Honda Motor Company, Mahindra and
Mahindra Ltd, Hyundai Motor Company,
MOBILE, Marti Suzuki India Limited, Panasonic Corporation, Robert Bosch
GmbH, TATA ELXSI, and among others.
Advanced
Driver Assistance Systems (ADAS) Market Segmentation:
By
Components:
·
System Type
·
Sensor Type
By Vehicle:
·
Passenger Cars
·
Light Commercial Vehicles
·
Buses and Trucks
By Type:
·
Night Vision System
·
Blind Spot Detection
·
Advanced Automatic Emergency Braking System
·
Lane Departure Warning
·
Parking Assist System
·
Adaptive Front-lighting
·
Adaptive Cruise Control
·
Traffic Sign Recognition
·
Collision Warning
·
Driver Drowsiness Alert
By Region:
·
North America
·
South America
·
Europe
·
Asia Pacific
·
Middle East and Africa
For
any queries, inquire more @ https://www.researchcosmos.com/inquire/advanced-driver-assistance-systems-adas-market/92976301
About
Us:
Research Cosmos is
a provider of standard and customized market research, business intelligence
and consulting services across more than 100 domains in different industries of
the world. We host the trending market reports of the world’s top-notch
publishing companies, offering services to a wide range of customers from
students to fortune 500 companies and discloses the hidden opportunities in
every leading industry of the world.
Contact:
Kevin
Stewart
Global
Sales Manager
Research
Cosmos
No comments:
Post a Comment