Press release
Driver Assistance System Market 2018 – 2027 Top Key Leaders: Magna International, Delphi Automotive Plc, Continental AG, Autoliv Inc, Gentex Corporation, Hitachi Ltd
Driver assistance systems are one of the fastest growing fields in the automotive electronics sector. According to the report that has been published by Market Research future (MRFR)
Global Driver Assistance System Market is anticipated to expand strikingly at a robust CAGR of 22.9% during the forecast period of 2016-2027.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/794
Major Key Players:
The leading players in the global driver assistance system market are Delphi Automotive Plc. (the U.K.), Gentex Corporation (the U.S.), Autoliv Inc. (Sweden), Continental AG (Germany), Hitachi Ltd (Japan), Magna International (Canada), Robert Bosch Gmbh (Germany), Hella Kgaa Hueck & Co. (Germany), Texas Instruments Inc. (the U.S.), Renesas Electronics Corporation (Japan) and others.
Market Drivers and Restraints:
Increasing manufacturers' interest towards vehicle automation coupled with incorporation of advanced technological innovations are some of the major factors driving the growth of the global driver assistance system market. Rise in demand for next-generation driving assistance systems with safe human-machine interface and incorporation of advanced technologies to minimize human errors and avoid road fatalities are fueling the growth of the global driver assistance systems market.
Multiple services provided by advanced driver assistance systems such as electronic stability control, lane departure warning, anti-lock brake, adaptive cruise control, and others that rely on various data source such as automotive imaging, LiDAR, radar and image processing among others are inducing high demand for vehicles equipped with driver assistance systems, resulting in the expansion of the global driver assistance system market.
However, high installation and maintenance cost and growing incidences of software failures in sensors are likely to act as restraints on the growth of the global driver assistance system market.
Market Segmentation:
The global driver assistance system market has been segmented on the basis of type and technology. Based on type, the driver assistance system market is segmented into adaptive cruise control (ACC), lane departure warning (LDW) system, park assist, drowsiness monitoring system, blind spot detection (BSD) system, night vision, tire pressure monitoring system (TPMS), adaptive front lighting, GPS navigation system and others.
Based on technology, the driver assistance system market is segmented into ultrasonic sensors, image sensors, RADAR sensors and others. Among these, the RADAR sensors segment is projecting rapid growth in the global driver assistance system market owing to the rise in trend of semi-autonomous and autonomous vehicles and increased incorporation of RADAR systems in such vehicles in the global market.
Regional Analysis:
Geographically, the global driver assistance system market is segmented into four major regions such as Asia Pacific, North America, Europe and the rest of the world. The Asia Pacific region is dominating the global driver assistance system market owing to the increasing vehicle production in developing economies of India and China and increasing demand for luxury vehicles due to improving lifestyle of the population in this region.
The driver assistance system market in the Europe region is anticipated to grow significantly owing to the presence of large pool of luxury cars manufacturers in this region. The North America region is projecting noteworthy expansion of the driver assistance system market due to the increasing demand for technologically advanced vehicle and stringent passenger and vehicle safety regulations in this region.
Access Report Details @ https://www.marketresearchfuture.com/reports/driver-assistance-system-market-794
Industry Updates:
In August 2018, Hitachi Automotive Systems has announced that its advanced driver assistance system’s electronic control unit is selected for use in Mitsubishi Motors’ eK series vehicles.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Driver Assistance System Market 2018 – 2027 Top Key Leaders: Magna International, Delphi Automotive Plc, Continental AG, Autoliv Inc, Gentex Corporation, Hitachi Ltd here
News-ID: 1257705 • Views: …
More Releases from Market Research Future
Denim Market Size By 2035 with 5.25 USD Billion in 2025 to 132.4 USD Billion, Du …
Denim Market Size Grow at a 75.25 USD Billion in 2025 to 132.4 USD Billion by 2035, CAGR of 5.81% By 2025 - 2035
Global Denim Market is entering a new phase of transformation as consumer demand, fashion cycles, and sustainable innovation continue to reshape the industry. Denim, once considered a classic wardrobe staple, has evolved into a versatile, fashion-driven category supported by innovations in fabric technology, eco-friendly production, and shifting…
Humanoid Robots Market Size to Reach USD 13.8 Billion by 2032, Growing at 50.2% …
The global Humanoid Robots Market is projected to reach USD 13.8 Billion by 2032, growing at a robust CAGR of 50.2% during the forecast period from 2024 to 2032.
Driven by advancements in artificial intelligence, machine learning, and machine vision, humanoid robots-designed with human-like characteristics-are witnessing widespread adoption across healthcare, education, space exploration, and service industries. These robots are enhancing operational efficiency, performing complex tasks, and improving customer engagement across multiple…
Vertical Farming Market Expansion: USD 9.023 Billion in 2025 Growing to USD 58.8 …
The Vertical Farming Market was estimated at USD 7.48 Billion in 2024 and is projected to grow from USD 9.023 Billion in 2025 to USD 58.83 Billion by 2035, exhibiting a robust CAGR of 20.62% during the forecast period from 2025 to 2035.
Driven by increasing demand for sustainable agriculture, urbanization, and technological advancements in controlled-environment farming, vertical farming solutions are seeing widespread adoption across commercial, industrial, and urban agriculture sectors.
Key…
Robotics Market Trends and Forecast: USD 74,120.70 Million in 2024 Expected to H …
The Robotics Market was valued at USD 74,120.70 Million in 2024 and is projected to reach USD 476,019.67 Million by 2035, growing at a robust CAGR of 18.4% during the forecast period from 2024 to 2035.
Driven by advancements in medical robots, growing industrial robotics adoption, and the development of AI technologies, robotics solutions are witnessing widespread adoption across healthcare, manufacturing, logistics, and service sectors. Despite challenges like high initial costs…
More Releases for Driver
Rising Vehicle Numbers Drive Growth In LED Driver For Lighting Market: An Emergi …
The LED Driver For Lighting Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the LED Driver For Lighting Market?
The LED driver for lighting market has experienced exponential growth in recent years. It is projected to rise from $25.51 billion…
Elevated Road Safety Awareness Fuels Growth In Driver Monitoring Systems Market: …
The Driver Monitoring Systems Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Driver Monitoring Systems Market Size Expected to Be by 2034?
In recent times, the market size of driver monitoring systems has witnessed robust growth. It is projected to expand from…
Isolated LED Driver Market
Isolated LED Driver Market Overview
In an isolated LED driver the Input (AC side) & Output (LED side) are separated by power transformer which provides galvanic isolation. Isolated power supply transform the 110/220V AC voltage to the lower voltage by means of an isolation transformer
This report provides a deep insight into the global Isolated LED Driver market covering all its essential aspects. This ranges from a macro overview of the market…
Primary Catalyst Driving LED Driver For Lighting Market Evolution in 2025: Risin …
What industry-specific factors are fueling the growth of the led driver for lighting market?
The growing vehicle population is expected to boost the LED driver for lighting market. The demand for vehicles is rising due to factors like urbanization, economic growth, and better access to vehicles. LED drivers are essential in regulating vehicle lighting, ensuring stability and extended lifespan. According to the Society of Motor Manufacturers and Traders, in April 2024,…
Key Influencer in the Display Driver Market 2025: Smartphone Boom Ignites Surge …
What combination of drivers is leading to accelerated growth in the display driver market?
The forecasted increase in smartphone usage is set to stimulate the expansion of the display driver market. Smartphones serve as convenient electronic gadgets that enable individuals to access the internet, exchange messages, and make calls. These devices necessitate the use of display drivers that transform digital data from the processor into signals that allow for the interaction…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
