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Driver Assistance Systems Industry Risk Factors, Economic Fluctuations, Drivers in Future Analysis by 2025
In terms of consumption side, this report focuses on the consumption of Driver Assistance Systems by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Driver assistance systems are electronic components installed in vehicles, which present an intelligent driving experience to the driver. These systems comprise of unique sensors such as ultrasonic, image, RADAR, LiDAR, infrared and LASER.
Deploying driver assistance systems to enhance comfort levels and ensure safety and security on road is the majorly growing trend within the automobile sector. The implementation of ADAS has been considered as a revolution as it provides dynamic features such as adaptive. As an initial stage of automatic driving, ADAS's promotion received support from several countries, such as NHSTA Level 0-Level 4 (Manual, ADAS, PA, HA, FA), the German VDA rating (PA, HA, FA).
The European Driver Assistance System market is expected to hold the largest share by 2022 owing to the major driving factors such as matured automotive sector, higher adoption of advanced technology, and high consumer preference for the driver safety and safety regulations. The expansion of European Automotive market will drive the growth of Driver assistance systems market. After Germany and the UK; the US is expected to be the next emerging country for the global Driver assistance systems market.
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The low-interest rates and growing customer confidence are playing a key role in the increased sales of cars in this region. The new vehicle registrations have in fact surpassed pre-recession levels, indicating a positive growth prospect for the automotive sector in the country.
The Driver Assistance Systems market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Driver Assistance Systems.
This report includes the following manufacturers; we can also add the other companies as you want.
Continental Ag
Delphi Automotive PLC
Robert Bosch Gmbh
Aisin Seiki Co. Ltd.
Autoliv Inc
Denso Corporation
Valeo
Magna International
Trw Automotive Holdings Corp.
Hella Kgaa Hueck & Co.
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Market Segment by Product Type
Adaptive Cruise Control (ACC)
Lane Departure Warning (LDW) System
Park Assist
Blind Spot Detection
Market Segment by Application
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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