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New research report analyzes the global Advanced Driver Assistance Systems (ADAS) market in a thorough manner by illuminating the key characteristics of the market that are anticipated to have a measureable influence on its evolving prospects over the forecast period.
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BlueWeaveConsulting New Market Research Report 2019-2025 | Advanced Driver Assistance Systems (ADAS) market analysis and forecast to 2025 Advanced Driver Assistance Systems (ADAS) Market Bishwanath Singh SEO Analyst info@blueweaveconsulting.com sales@blueweaveconsulting.com 1
BlueWeaveConsulting Global Advanced Driver Assistance Systems (ADAS) Market: Overview The Advanced Driver Assistance Systems (ADAS) market is estimated to be one of the most lucrative markets in the automotive sector and projected to grow at a significant rate during the forecast period 2019-2025. An advanced driver assistance system (ADAS) is a set of systems used in vehicles to deliver an intelligent and comfortable driving experience. Increasing government regulations, the rising level of technological innovation and self- driving cars has raised the demand for driver safety and assistance systems over the past decade. This is attributed to growth in safety concerns, as the number of road accidents is a constant rise, especially in developing countries. Various governments work towards reducing fatalities due to road accidents & increase the safety standards in vehicles, which drive the ADAS market. These systems are empowered with sensors, radar, and cameras to assist drivers and provide them with real-time data about the surrounding environment of the vehicle. According to National Highway Safety Traffic Administration (United States Department of Transportation), death tolls in road accidents augmented from 37,461 in 2016 to 40,100 in 2017 even after government initiatives associated to safety seat belt, warnings for alcohol consumption, and speed level execution. The high scale of growth of the automotive industry is consequently persuading the use of several sensors technologies to make driving comfortable, luxurious, and safe. Requisite of automated warning and collision mitigation technologies is projected to drive the advanced driver assistance system market size. Global Advanced Driver Assistance Systems (ADAS) Market: System Insights On the basis of system, the Advanced Driver Assistance Systems (ADAS) market is segmented into Adaptive Cruise Control, Autonomous Park Assist, Blind Spot Detection, Driver Monitoring, Front Lighting, Automatic Emergency Braking, Night Vision, Forward Collision Warning, Lane Departure Warning, Park Assist, Surround View System, Traffic Sign Recognition, and Tire Pressure Monitoring System. Among them, Adaptive Cruise Control is the dominating system segment of the entire ADAS market over the forecast period. ACC is an intelligent form of cruise control that slows down and speeds up automatically to keep pace with the car in front of the vehicle. ACC provides much better driver safety and aids to avoid fatal road accidents. ACC is a critical part of the self-driving cars of the near future. Moreover, a significant drop in the electronic component prices has encouraged ADAS technology adoption. Rising demand for commercial vehicles, as well as passenger cars, will provide a positive outlook for the ADAS market. Road sign recognition (RSR) is projected to be the fastest growing segment of the ADAS Market due to the growing road infrastructure activity in developed as well as developing economies. Global Advanced Driver Assistance Systems (ADAS) Market: Sensor Insights Based on the sensor, the Advanced Driver Assistance Systems (ADAS) market is bifurcated into LiDAR, Infrared, Ultrasonic, RADAR, and Image Sensor. Radio Detection and Ranging (RADAR) segment dominate the ADAS market over the forecast period 2019-2025. The ability of signal saturation through mediums that contain fog, clouds, snow, and insulators are key attributes projected to fuel the segment demand. These sensors help in accident prevention caused by driver error, drowsiness, and distraction, in turn, driving the global 2
BlueWeaveConsulting advanced driver assistance system market growth. LiDAR sensors are projected to gain high traction over forecast period due to their crucial function in self-driving cars. Global Advanced Driver Assistance Systems (ADAS) Market: Vehicle Insights On the basis of the vehicle, the Advanced Driver Assistance Systems (ADAS) market is segmented into Passenger Cars, Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV). Passenger car segment leads the ADAS market over the forecast period 2019-2025. Rapid urbanization, increasing consumer spending on the automobile has enhanced product demand. Rising consumer awareness concerning to road safety along with governmental regulations are major growth factors supporting industry demand. Global Advanced Driver Assistance Systems (ADAS) Market: Regional Insights Geographically, the Advanced Driver Assistance Systems (ADAS) market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is the leading region of the ADAS industry and projected to lead the overall industry during the forecast period. The growth is mainly driven by the presence of major players, technological advancement, better infrastructure facilities for manufacturing, enhanced economic condition, and rapid penetration and mass adoption of ADAS by the OEMs and customers. Asia Pacific is the fastest growing region over the forecast period owing to the increase in the number of luxury vehicles, technological advancement, and increasing urbanization rate positively influence the industry outlook. Get https://www.blueweaveconsulting.com/global-advanced-driver-assistance- systems-adas-market-bwc19160/#ReportSample Sample PDF of this Market Research Report @ Global Advanced Driver Assistance Systems (ADAS) Market: Competitive Landscape Companies such as Robert Bosch, ZF Friedrichshafen, Denso, Aptiv, Intel, NVIDIA, Continental, Valeo, Hella, Magna, Samsung, Aisin Seiki Co. Ltd., Delphi Technologies, Harman International, NXP Semiconductor, Panasonic Corporation, and Hyundai Mobis are the leading players of Advanced Driver Assistance Systems (ADAS) market across the globe. Key Target Audience: Market research and consulting firms Industry associations Global Advanced Driver Assistance Systems (ADAS) manufacturers Research organizations and consulting companies Organizations, associations and alliances related to Advanced Driver Assistance Systems market Regulatory bodies 3
BlueWeaveConsulting Scope of the Report By System Adaptive Cruise Control Autonomous Park Assist Blind Spot Detection Driver Monitoring Front Lighting Automatic Emergency Braking Night Vision Forward Collision Warning Lane Departure Warning Park Assist Surround View System Road Sign Recognition Tire Pressure Monitoring System By Sensor LiDAR Infrared Ultrasonic RADAR Image Sensor By Vehicle Passenger Cars Light Commercial Vehicle (LCV) Heavy Commercial Vehicle (HCV In addition, the report provides analysis of the Advanced Driver Assistance Systems (ADAS) market with respect to the following geographic segments and their high performing regions: North America Europe Asia Pacific (APAC) LATAM MEA Table Of Content: 1.Research Framework 2.Research Methodology 3.Executive Summary 4.Industry Insights 5.Global Advanced Driver Assistance Systems (ADAS) Market Overview 6.Global Advanced Driver Assistance Systems (ADAS) Market, By System 7.Global Advanced Driver Assistance Systems (ADAS) Market, By Sensor 8.Global Advanced Driver Assistance Systems (ADAS) Market, By Vehicle 9.Global Advanced Driver Assistance Systems (ADAS) Market, By Region 10.Company Profile 4
BlueWeaveConsulting Detailed Analysis of Table of Contents @ https://www.blueweaveconsulting.com/global- advanced-driver-assistance-systems-adas-market-bwc19160/#TOC About BlueWeave Consulting & Research Pvt. Ltd. BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long- lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining. Technology, Telecommunication, Medical Contact Us: info@blueweaveconsulting.com https://www.blueweaveconsulting.com Global Contact: +1 866 658 6826 5