Press release
Advanced Driver Assistance Systems Market 2018 Key Country Analysis: Global Key Players Bosch, Delphi, DENSO, Panasonic, Valeo, Continental, Magna, HELLA, Hitachi, And ZF Friedrichshafen
Top Advanced Driver Assistance Systems Key Companies Competitive Landscape: Robert Bosch Automotive Steering GmbH, Delphi Automotive LLP, DENSO CORPORATION, Panasonic Corporation, Valeo, Continental AG, Magna International Inc, HELLA KGaA Hueck & Co., Hitachi Ltd,. ZF Friedrichshafen AG.
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These market participants are continuously implementing various strategies such as mergers, partnership, collaboration, product launches, etc. to gain a substantial edge over the market. Competition in the Advanced Driver Assistance Systems market is heating up. As these key players are increasingly investing towards the development of new technology, many smaller companies will not be able to keep up with the technological pace.
Market Overview:
The major factor that drives the growth of driver assistance system market is growing demand for new and improved technologies for providing safety features in automobile, increasing purchasing power of buyers, and government initiatives of mandating regulations over usage of driver assistance system into automobiles among others. The Advanced Driver Assistance Systems market is completely dependent on the automotive industry. Thus the increasing or decreasing demand of the automotive industry directly has an impact on the adaptive front light systems market.
The market for advanced driver assistance systems is expected to grow in the North American region with an increase in demand for automobiles, majorly in the United States. Existence of major manufacturers in this region combined with availability of sophisticated technologies enables the advanced driver assistance systems market to flourish. In the European region, the commercial vehicles are expected to grow with a CAGR of 10.58%, owing to the growth in the home delivery sector. For the safe distribution of goods and efficient city transportation, original equipment manufacturers in the European region are focusing on the advanced safety features for these vehicles, which will be a major driver for market growth in the region. The U.K, Germany, and France account for a majority of the market share of advanced driver assistance systems in this region. The growth of the Asia-Pacific region can be attributed to the increase in adoption of passenger cars and therefore, the increase in adoption of ADAS in the passenger cars. The recent shift in the preference from mileage to vehicle looks and features is also expected to result in the high demand for advanced driver assistance systems. The global advanced driver assistance systems market is also expected to grow during the forecast period owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector.
Segmentation:
For the purpose of these study, the global Advanced Driver Assistance Systems market has been segmented by Technology (Adaptive Cruise Control, Adaptive Front Lights, Intelligent Park Assist, Pedestrian Protection, Blind Spot Detection, Drowsiness Monitor, Head Up Display, Others), by Vehicle Type (Passenger Vehicle and Commercial Vehicle), by Radar Type (Radar Sensor, Lidar Sensor, Camera Sensor, Ultrasonic Sensor) and by Regions (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America).
Regional Analysis:
The major factor that drives the growth of driver assistance system market is growing demand for new and improved technologies for providing safety features in automobile, increasing purchasing power of buyers, and government initiatives of mandating regulations over usage of driver assistance system into automobiles among others. The Advanced Driver Assistance Systems market is completely dependent on the automotive industry. Thus the increasing or decreasing demand of the automotive industry directly has an impact on the adaptive front light systems market.
List of Tables:
TABLE 1 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION)
TABLE 2 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION)
TABLE 3 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION)
TABLE 4 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY REGION, 2015-2023 (USD MILLION)
TABLE 5 NORTH AMERICA: ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY COUNTRY, 2015-2023 (USD MILLION)
TABLE 6 NORTH AMERICA: ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION)
TABLE 7 NORTH AMERICA: ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION)
TABLE 8 NORTH AMERICA: ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY SENSOR TYPE, 2015-2023 (USD MILLION)
TABLE 9 U.S.: ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION)
TABLE 10 U.S.: ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY VEHICLE TYPE, 2015-2023 (USD MILLION)
Continued…
List of Figures:
FIGURE 1 KEY TAKEAWAYS OF THE MARKET
FIGURE 2 KEY BUYING CRITERIA OF ADVANCED DRIVER ASSISTANCES
FIGURE 3 RESEARCH PROCESS OF MRFR
FIGURE 4 TOP DOWN & BOTTOM UP APPROACH
FIGURE 5 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL ADVANCED DRIVER ASSISTANCE MARKET
FIGURE 6 SUPPLY CHAIN: ADVANCED DRIVER ASSISTANCE SYSTEMS
FIGURE 7 GRANTED PATENTS ON ADVANCED DRIVER ASSISTANCE SYSTEMS (SEPTEMBER 26TH, 2012 – SEPTEMBER 26TH, 2017)
FIGURE 8 GLOBAL VEHICLE PRODUCTION, UNITS (2013-2016)
FIGURE 9 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY TECHNOLOGY, 2016 (% SHARE)
FIGURE 10 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY TECHNOLOGY, 2015-2023 (USD MILLION)
Continued…
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