Advance Driver Assistance Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

Advance Driver Assistance Systems Market Global Trends, Market Share, Industry
Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Fatal road accidents caused due to human error and driving fatigue continue to
result in high morbidity across the world. The demand for safe, reliable, efficient and
convenient driving is being fairly addressed by technological advancement in the
automotive sector. The stringent traffic and vehicle road safety regulations by the
government is broadly impacting the need for advanced driver assistance
systems(ADAS). Increase in connectivity with smart devices, GPS systems and
automated alert systems is changing the overall driving experience. Besides, the
projections for the ubiquitous availability of autonomous vehicles for passenger and
commercial transportation in approximately the next 5 years is driving the advanced
driver assistance systems market at a breath-taking pace.
The global advance driver assistance systems market is estimated to report a CAGR
of 20.1% from 2019 to 2026 with a total market value of over US $91 billion by 2026
end.
Major Market Restraints and Road Blockers
• The high cost and absence of infrastructure to support ADAS in emerging
countries
• Complex features that are prone to failures due to software programming
drawbacks
• Cybersecurity issues due to high connectivity with unsecured networks
• Environmental landscape and weather-related challenges
• Conjoint interferences between various frequencies that affect sensor system
capabilities
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Global Advance Driver Assistance Systems Market, by Component
> Systems
- Tire pressure monitoring system (TPMS)
- Drowsiness monitor system (DMS)
- Adaptive front-lighting system (AFL)
- Lane departure warning system (LDWS)
- Intelligent parking assist system (IPAS)
- Adaptive cruise control system (ACC)
- Blind spot object detection system (BSD)
- Others (night vision system and driver monitoring system)
> Sensors
- Radar sensor
- Image sensor
- Ultrasonic sensor
- Lidar sensor
- Infrared (IR) sensor
Radar sensors are widely employed in the ADAS currently along with image sensors.
The automotive manufacturers are investing immensely in the development of novel
technologies using LIDAR sensors due to proven collision avoidance assistance.
Hence LIDAR sensor is estimated to lead the sensors segmentation in years to come.
Global Advance Driver Assistance Systems Market, by Region
• North America
• Latin America
• Europe
• Asia Pacific
• Rest of the World
Presence of major vehicle manufacturing brands, rise in demand for luxury vehicles,
improved buying capacity and higher vehicle production rate are factors amplifying
the growth of the market in APAC region.
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global advance driver assistance
systems on the basis of component and region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
Introduction
Report description
Key benefits
Key market segments
Research methodology
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Secondary research
Primary research
Executive summary

Key findings
Market overview
Market definition and scope
KEY FINDINGS
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Top impacting factors
Top winning strategies
Top investment pockets
PORTERS FIVE FORCES ANALYSIS
MARKET SHARE ANALYSIS, 2019
MARKET DYNAMICS
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Drivers
High demand for safety features
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Increased demand for comfort while driving
Stringent safety rules and regulations
Restraints
High initial cost and complex structure
Lower efficiency in bad weather conditions
Opportunities
Technological advancements in advanced driver assistance systems
Advent of multifunctional systems
ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY COMPONENT
OVERVIEW

Market size and forecast
SYSTEM TYPE
Tire pressure monitoring system (TPMS)
Drowsiness monitor system
Intelligent parking assist system (IPAS)
Adaptive cruise control system
Blind spot object detection system
Lane departure warning system
Adaptive front-lighting system
Others (night vision system and driver monitoring system)
SENSOR TYPE
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Image sensor
Lidar sensor
Ultrasonic sensor
Infrared (IR) sensor
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Radar sensor
Long range radar
Short range radar
Laser
ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY GEOGRAPHY
OVERVIEW
NORTH AMERICA
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Key market trends, growth factors, and opportunities
Market size and forecast
EUROPE

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Key market trends, growth factors, and opportunities
Market size and forecast
ASIA-PACIFIC
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Key market trends, growth factors, and opportunities
Market size and forecast
LAMEA (LATIN AMERICA, MIDDLE EAST, AND AFRICA)
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Key market trends, growth factors, and opportunities
Market size and forecast
INDIAN ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, STARTUPS &
ACQUISITION TRENDS
LIST OF NOTABLE ADAS STARTUPS
ACQUISITION TRENDS
GLOBAL MARKET: COMPANY PROFILES
AUTOLIV INC.
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Company overview
Company snapshot
Operating business segments
Product portfolio
Business performance
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Key strategic moves and developments
CONTINENTAL AG.
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Company overview
Company snapshot
Operating business segments
Product portfolio
Business performance
Key strategic moves and developments
DENSO CORPORATION
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Company overview
Company snapshot
Operating business segments
Product portfolio
Business performance
key strategic moves and developments
MAGNA INTERNATIONAL INC.
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Company overview
Company snapshot
Operating business segments
Product portfolio
Business performance
Key strategic moves and developments
ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH)
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Company overview
Company snapshot
Operating business segments
Product portfolio
Business performance
VALEO
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Company overview
Company snapshot
Operating business segments
Product portfolio
Business performance
Key strategic moves and developments
NXP SEMICONDUCTORS
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Company overview
Operating business segments
Business performance
Key strategic moves and developments
PANASONIC CORPORATION
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Company overview
Operating business segments
Business performance
Key strategic moves and developments
RENESAS ELECTRONICS CORPORATION
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Company overview
Operating business segments
Product category
Business performance
Key strategic moves and developments
TEXAS INSTRUMENTS
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Company overview
Operating business segments
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Business performance
Key strategic moves and developments
INDIAN MARKET: COMPANY PROFILES
DELPHI AUTOMOTIVE COMPANY
Company overview
Operating business segments
Business performance
Key strategic moves and developments
HYUNDAI MOBIS
Company overview
Operating business segments
Business performance
Key strategic moves and developments
TAKATA CORPORATION
Company overview
Operating business segments
Business performance
Key strategic moves and developments
ZF FRIEDRICHSHAFEN
Company overview
Operating business segments
Business performance
Key strategic moves and developments
AISIN SEIKI CO., LTD.
Company overview
Operating business segments
Product category
Business performance
Key strategic moves and developments
MOBILEYE N.V.
Company overview
Operating business segments
Business performance
Key strategic moves and developments
HARMAN INTERNATIONAL INDUSTRIES
Company overview
Operating business segments
Key strategic moves and developments
NVIDIA CORPORATION
Company overview
Operating business segments
Business performance
Key strategic moves and developments
HITACHI LTD.
Company overview
Operating business segments
Business performance
Key strategic moves and developments
STONKAM CO., LTD.
Company overview
Operating business segments
Inquire further details about this report at: [email protected]
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Fatal road accidents caused due to human error and driving fatigue continue to result in high morbidity across the world. The demand for safe, reliable, efficient and convenient driving is being fairly addressed by technological advancement in the automotive sector.