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Advanced Driver Assistance System (ADAS) market recorded annual revenue of $49 billion in 2017 is projected to grow at a CAGR of 14.9% by 2023
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Advanced Driver Assistance Systems Market is expected to reach $95.14 million by 2023
Americas dominates the Advanced Driver Assistance Systems Market during the forecast period. It is expected to reach a revenue of $504.5 million by 2023 at a CAGR of 11.8%. This is attributed to the high volume sales in North America and increasing purchasing power of the consumers, especially in the US. This region has notable ADAS manufacturers such as Autoliv, TRW, and QNX software. Contact : sales@industryarc.com
Selected Regulatory Analysis Done in the Full Report: The growth of the automotive industry in the ADAS Market is expected to be $1971 million at a CAGR of 16.1% by 2023. ADAS technology is mainly deployed in the automotive industry. Companies such as Continental, Bosch, Denso, and Delphi are the leading manufacturers of ADAS. The systems are offered by OEM’s such as Audi, BMW, Mercedes, and Volkswagen. Contact : sales@industryarc.com
Selected Driving Factors Mentioned in the Full Report: Contact : sales@industryarc.com
Key Players of the ADAS Market Denso Corporation Omron Corporation Continental AG TRW Automotive Holdings Corp Magna International Inc. Mobileye Gentex Corporation Hyundai Mobis 10+ Download Sample Report Contact : sales@industryarc.com
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