Advanced Driver Assistance System Market
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Advanced</strong> <strong>Driver</strong> <strong>Assistance</strong> <strong>System</strong> <strong>Market</strong> Asia Pacific to<br />
Remain at Forefront as Uptake of Automobiles Rises<br />
Description:<br />
Global <strong>Advanced</strong> <strong>Driver</strong> <strong>Assistance</strong> <strong>System</strong> <strong>Market</strong>: Overview<br />
<strong>Advanced</strong> driver assistance system (ADAS) market help drivers in controlling vehicles and<br />
avoiding accidents. The system is designed with radars, sensors, and cameras to assist the drivers<br />
with real-time information about the surroundings of the vehicle. There are several challenges to<br />
implement, design, implement, deployment, and operate ADAS system. The system is expected to<br />
gather accurate input, accurately predict context, and process data without any propagation delay, in<br />
real time. Increasing spending on research and development for this product is expected to drive the<br />
market during the forecast period. The global advanced driver assistance system (ADAS) was<br />
valued at US$11.83 bn in 2016 and is anticipated to increase at a CAGR of 15.9% from 2017 to<br />
2025. By the end of 2025, the global market is expected to be worth US$43.27 bn.<br />
Get accurate market forecast and analysis on the <strong>Advanced</strong> <strong>Driver</strong> <strong>Assistance</strong> <strong>System</strong><br />
<strong>Market</strong>. Request a sample to stay abreast on the key trends impacting this market :<br />
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=34301<br />
Radar Sensors to Dominate Global <strong>Market</strong> due to Growing Applications<br />
<strong>Advanced</strong> driver assistance system is segmented on the basis of type, technology and by region. By<br />
type, advanced driver assistance system is categorized into adaptive cruise control, adaptive head<br />
lamp, automatic/intelligent emergency braking, blind spot detection system, cross traffic alert,<br />
drowsiness monitor system, lane departure warning system, night vision, park assist, surround view<br />
camera system, time pressure monitoring system and others. With increasing automobile buyer<br />
power, car buyers have become more interested in ADAS applications that promote comfort and<br />
economy such as parking assist, lane departure warning system amongst others. Owing to this<br />
reason, the demand for parking system and lane departure warning system are expected to gain<br />
adequate momentum. These make a great addition to the safety of the drivers, passengers, and the<br />
other vehicles on the road. Thus, increasing importance of safety amongst car buyers is likely to<br />
boost the demand for various technologies in the global advanced driver assistance system market.<br />
Based on technology, advanced driver assistance system (ADAS) market is segmented into<br />
ultrasonic sensors, image sensors, radar sensors, laser sensors and infrared sensors. In ADAS,<br />
sensors are required to monitor the surrounding vehicles. They offer very powerful solution for<br />
adaptive cruise control which can help the driver to maintain safe distance during high traffic and<br />
instantly respond to the traffic changes. Especially, high demand for radar sensors is owing to its<br />
numerous applications in automobiles such as collision avoidance system, emergency braking<br />
system, etc. Also, image Sensors are used in several ADAS types such as night vision, cross traffic<br />
detection, fatigue warning, headlight control, traffic sign recognition, etc., which are increasingly<br />
being adopted in automobiles.<br />
Asia Pacific to Remain at Forefront as Uptake of Automobiles Rises<br />
Asia Pacific is expected to be the most lucrative market and lead the ADAS market in 2025. Rise in<br />
purchasing power of automobiles, stringent safety government regulations, the demand for comfort<br />
driving and focus on safety systems has impacted the automobile industry in Asia Pacific to a great<br />
extent. Therefore, automobile manufacturers in the region are significantly investing in R&D to<br />
bring innovative features in monitoring, warning, steering, and braking tasks for product
differentiation from its competitors. Apart from Asia Pacific, North America and Europe are also<br />
expected to significantly contribute to the global ADAS market.<br />
Major players that provide advance driver assistance system across global for installing electronic<br />
components are AISIN SEIKI Co.,Ltd, Autoliv Inc., Audi AG, BMW AG, Continental AG, Delphi<br />
Automotive PLC, Denso Corporation, Ford Motor Company, General Motors Company, Honda<br />
Motor Company, Hyundai Motor Company, Mahindra and Mahindra Ltd, Maruti Suzuki India<br />
Limited, MOBILEYE, Panasonic Corporation, Robert Bosch GmbH, and TATA ELXSI among<br />
others.<br />
Request Toc @ https://www.transparencymarketresearch.com/report-toc/34301<br />
About TMR<br />
Transparency <strong>Market</strong> Research (TMR) is a global market intelligence company providing business<br />
information reports and services. The company’s exclusive blend of quantitative forecasting and<br />
trend analysis provides forward-looking insight for thousands of decision makers. TMR’s<br />
experienced team of analysts, researchers, and consultants use proprietary data sources and various<br />
tools and techniques to gather and analyze information.<br />
TMR’s data repository is continuously updated and revised by a team of research experts so that it<br />
always reflects the latest trends and information. With extensive research and analysis capabilities,<br />
Transparency <strong>Market</strong> Research employs rigorous primary and secondary research techniques to<br />
develop distinctive data sets and research material for business reports.<br />
Contact TMR<br />
Transparency <strong>Market</strong> Research<br />
90 State Street, Suite 700<br />
Albany, NY 12207<br />
Tel: +1-518-618-1030<br />
USA - Canada Toll Free: 866-552-3453<br />
Email:sales@transparencymarketresearch.com<br />
Website:http://www.transparencymarketresearch.com