Advance Driver Assistance Systems Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026 Advance Driver Assistance Systems Market Introduction The global advance driver assistance systems market is forecasted to value over US $ 91 billion by the end of 2026, and registering a CAGR of 20.1% from 2019 to 2026. An advanced driver assistance system (ADAS) is a collection of systems used in vehicles to provide a smart, comfortable, safe and intelligent driving experience. The safety features are designed in a way that the technology alerts the driver, and potential crashes and accidents can be avoided. The global advanced driver assistance systems market (ADAS) comprises of all the sensors used in applications such as lane departure warning system, intelligent parking assist system, adaptive cruise control, drowsiness monitor system, blind spot detection system, and others. The ADAS market growth is prompted by the need for consumer safety, demand for efficient vehicles, comfortable driving experience, and stringent government regulations related to vehicle safety. However, factors such as expensive and complex features, security threats, and complexity in testing and huge cost associated with the installation are impeding the market growth. Global Advance Driver Assistance Systems Market Overview The global advance driver assistance system market is segmented on the basis of component which is further bifurcated by systems and sensors, type, and region. The growing number of roadways infrastructure projects, ever-increasing traffic congestion, and government regulations pertaining to vehicle safety will stimulate the growth of different radar-based ADAS applications. Increasing vehicle production in emerging economies such as Japan and China is calculated to make Asia Pacific region largest in market share compared to other regions. Other factors such as growing economies, rising demand for luxury vehicles, and Japan being a leading manufacturer of automobiles is further amplifying the market growth in the Asia Pacific region. This market study incorporates a comprehensive scope on global market players including the developments, mergers & collaborations and new product launches. Key market players profiled in this study include Autoliv Inc, Magna International Inc., Continental AG, Robert Bosch GmbH, Valeo, Denso Corporation, Panasonic Corporation, NXP Semiconductor, Renesas Electronics Corporation and others. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=158&page=requestsample Report Summary: 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 Global Advance Driver Assistance Systems Market, by Region • North America • Latin America • Europe • Asia Pacific • Rest of the World Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=158&page=askfordiscount 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 Secondary research Primary research Executive summary Key findings Market overview Market definition and scope KEY FINDINGS Top impacting factors Top winning strategies Top investment pockets PORTERS FIVE FORCES ANALYSIS MARKET SHARE ANALYSIS, 2019 MARKET DYNAMICS Drivers High demand for safety features 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 Image sensor Lidar sensor Ultrasonic sensor Infrared (IR) sensor Radar sensor Long range radar Short range radar Laser ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY GEOGRAPHY OVERVIEW NORTH AMERICA Key market trends, growth factors, and opportunities Market size and forecast EUROPE Key market trends, growth factors, and opportunities Market size and forecast ASIA-PACIFIC Key market trends, growth factors, and opportunities Market size and forecast LAMEA (LATIN AMERICA, MIDDLE EAST, AND AFRICA) 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. Company overview Company snapshot Operating business segments Product portfolio Business performance Key strategic moves and developments CONTINENTAL AG. Company overview Company snapshot Operating business segments Product portfolio Business performance Key strategic moves and developments DENSO CORPORATION Company overview Company snapshot Operating business segments Product portfolio Business performance key strategic moves and developments MAGNA INTERNATIONAL INC. Company overview Company snapshot Operating business segments Product portfolio Business performance Key strategic moves and developments ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH) Company overview Company snapshot Operating business segments Product portfolio Business performance VALEO Company overview Company snapshot Operating business segments Product portfolio Business performance Key strategic moves and developments NXP SEMICONDUCTORS Company overview Operating business segments Business performance Key strategic moves and developments PANASONIC CORPORATION Company overview Operating business segments Business performance Key strategic moves and developments RENESAS ELECTRONICS CORPORATION Company overview Operating business segments Product category Business performance Key strategic moves and developments TEXAS INSTRUMENTS Company overview Operating business segments 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] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
The global advance driver assistance systems market is forecasted to value over US $ 91 billion by the end of 2026, and registering a CAGR of 20.1% from 2019 to 2026. An advanced driver assistance system (ADAS) is a collection of systems used in vehicles to provide a smart, comfortable, safe and intelligent driving experience. The safety features are designed in a way that the technology alerts the driver, and potential crashes and accidents can be avoided.
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