Press release
Global Advanced Driver Assistance Systems (ADAS) Market key players in launching new products with upgraded technology and features
The global advanced driver assistance systems (ADAS) market is expected to grow from an estimated $19,813.0 million in 2015 to $99,643.7 million in 2022. Europe dominated the global market with an estimated $7,726.8 million market size in 2015.Explore Full Report Description At: https://www.psmarketresearch.com/press-release/global-adas-market
The global ADAS market is being driven due to several factors, including government initiatives to include advanced technology in public safety on roads, increasing demand for premium passenger cars and growing demand for connectivity in vehicles. The increasing partnerships and collaborations have been observed during the recent past in the global ADAS market.
The partnership with Safran aims at enhancement in driving aids in autonomous vehicles. On the other hand, under the partnership with Mobileye, Valeo will design front-facing camera solutions and products based on sensor fusion with the use of Mobileye’s EyeO microprocessors and computer vision algorithms. During the same year, Robert Bosch collaborated with Axel Springer Media Entrepreneurs to develop products with connected mobility solutions including digital content.
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The key players in the global ADAS market include Magna International Inc., Autoliv Inc., Continental AG, Robert Bosch GmbH, Valeo, Denso Corporation, Ford Motors Company, BMW AG, and Audi AG.
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