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Advanced Driver Assistance Systems Market 2019 Global Analysis and Forecasts by Types and Sensor Types | Magna International Inc., Autoliv Inc., Ford Motors Co., Robert Bosch GmbH, Valeo, General Motors (GM), Denso Corporation, NXP Semiconductors, BMW AG,

02-25-2019 11:22 AM CET | Tourism, Cars, Traffic

Press release from: Premium Market Insights

Advanced Driver Assistance Systems Market 2019 Global Analysis

Advanced driver assistance systems (ADAS) is a technology that aids safe driving and notifies the driver if any risk is detected by the system from the nearby objects. Installing ADAS in vehicles to ensure safety and improve comfort are the key reasons driving the global ADAS market. The increasing emphasis of consumers on safety coupled with the demand for comfortable driving experience are the factors driving the global ADAS market. In addition, stringent government regulations to install ADAS to ensure passenger safety is further expected to bolster the global ADAS market.

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Some of the key players active in this market include Magna International Inc., Autoliv Inc., Ford Motors Co., Robert Bosch GmbH, Valeo, General Motors (GM), Denso Corporation, NXP Semiconductors, BMW AG, Continental AG, and Audi AG among others.

The global ADAS market can be segmented by type into adaptive cruise control (ACC) system, park assist system, blind spot detection (BSD) system, drowsiness monitor system, lane departure warning (LDWS) system, tire pressure monitoring system (TPMS) and others (driver monitoring system, night vision, forward collision warning, HUD). Further, the global ADAS market can be classified by sensor type, namely, ultrasonic sensor, image sensor, radar sensor, laser sensor, IR sensor and LiDAR sensor. In addition, on the basis of regions, the global ADAS market can be bisected into North America, Europe, Asia Pacific, South America, Middle East and Africa.

North America and Europe dominate the global market for ADAS market. Compulsory implementation of ADAS systems by regulatory agencies is the key reason for growth of ADAS market in North America and Europe. Also, the European automotive industry is leading and most advanced industry in the world. Thus, with the automotive industry transforming rapidly, there is a significant penetration and adoption of ADAS in Europe. However, increasing number of vehicles, changing consumer preferences and rapidly increasing purchasing power are expected to bolster the global ADAS market in Asia Pacific region.

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Table of Contents

1. Introduction
2. Key Takeaways
3. Advanced Driver Assistance Systems Market Landscape
4. Advanced Driver Assistance Systems Market - Key Industry Dynamics
5. Advanced Driver Assistance Systems Market - Five Forces Analysis
6. Advanced Driver Assistance Systems Market - Competitive Landscape
7. Global Advanced Driver Assistance Systems Market Revenue and Forecasts to 2025 - Type
8. Global Advanced Driver Assistance Systems Market Revenue and Forecasts to 2025 - Sensor Type
9. Global Advanced Driver Assistance Systems Market Revenue and Forecasts to 2025 - Geographical Analysis
10. Global Advanced Driver Assistance Systems Market, Key Company Profiles
11. Appendix

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