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Advance Driver Assistance Systems (ADAS) Market Grow at a CAGR of 21.2% by 2025 | Key Players - Magna International , Autoliv , Continental AG, Robert Bosch , Valeo, Denso Corporation, NXP Semiconductor, Panasonic

08-12-2019 01:05 PM CET | IT, New Media & Software

Press release from: ReportsWeb

Advance Driver Assistance Systems (ADAS) Market

Advance Driver Assistance Systems (ADAS) Market

Advance Driver Assistance Systems (ADAS) Market was valued at $25,116 million in 2016, and is predicted to reach at $143,051 million by 2025, growing at a CAGR of 21.2% from 2017 to 2025.

An advanced driver assistance system (ADAS) is a set of systems used in vehicles to provide an intelligent and comfortable driving experience. The global advanced driver assistance systems market (ADAS Market) includes all the sensors utilized in applications such as adaptive cruise control, lane departure warning system, park assist, blind spot detection system, adaptive front lighting system, and others. The research titled ADAS market provides details about the manufacturing technologies used for advanced driver assistance systems, applications, and the companies operating worldwide along with their key strategies. Components, such as processor, power, memory, linear, ASIC, and others, have been excluded from the scope of this report titled ADAS market.

Increased focus on consumer safety, impending need for comfort, and rise in government regulations that ensure safety boost the ADAS industry growth. However, factors such as pricing pressure, inflation, and complexity & difficulty in testing systems hamper growth of this industry. Increased electronic content and electronic integration, and deployment of ADAS in low-cost cars are major trends in ADAS market growth.

Top Companies Covered in this Report:
Magna International , Autoliv , Continental AG, Robert Bosch , Valeo, Denso Corporation, NXP Semiconductor, Panasonic Corporation, Renesas Electronics Corporation, and Texas Instruments.

Get sample copy of “Advance Driver Assistance Systems (ADAS) Market” at: http://bit.ly/2KJ8f0I

The major companies profiled in the ADAS market share include Magna International Inc., Autoliv Inc., Continental AG, Robert Bosch GmbH, Valeo, Denso Corporation, NXP Semiconductor, Panasonic Corporation, Renesas Electronics Corporation, and Texas Instruments.

The ADAS market is segmented based on component type and region. The component types covered include system type and sensor type. The system type segment is sub-divided into tire pressure monitoring system, drowsiness monitor system, intelligent parking assist system, adaptive cruise control system, blind spot object detection system, lane departure warning system, adaptive front-lighting system, and others (night vision system and driver monitoring system), while sensor type includes image sensor, LiDAR sensor, ultrasonic sensor, infrared sensor, RADAR, and LASER. The regions analyzed in this report titled ADAS market are North America, Europe, Asia-Pacific, and LAMEA.

Major Types of Advance Driver Assistance Systems (ADAS) covered are:
Tire Pressure Monitoring System
Drowsiness Monitor System
Intelligent Parking Assist System
Adaptive Cruise Control System
Blind Spot Object Detection System
Lane Departure Warning System
Adaptive Front-lighting System

The demand for advanced driver assistance systems in vehicles has increased at a significant pace over the recent years, and is expected to maintain this trend during the ADAS market forecast period. This is attributed to growth in safety concerns, as the number of road accidents is a constant rise, especially in developing countries. The adoption of advanced driver assistance systems applications, such as adaptive cruise control, blind spot detection system, lane departure warning system, and night vision are leading to reduction in number of accidents. It has been projected that the number of road accidents would increase in developing countries, thereby leading to ADAS market growth in terms of revenue.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Advance Driver Assistance Systems (ADAS) Market Size
2.2 Advance Driver Assistance Systems (ADAS) Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Advance Driver Assistance Systems (ADAS) Market Size by Manufacturers
3.2 Advance Driver Assistance Systems (ADAS) Key Players Head office and Area Served
3.3 Key Players Advance Driver Assistance Systems (ADAS) Product/Solution/Service
3.4 Date of Enter into Advance Driver Assistance Systems (ADAS) Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Advance Driver Assistance Systems (ADAS) Sales by Product
4.2 Global Advance Driver Assistance Systems (ADAS) Revenue by Product
4.3 Advance Driver Assistance Systems (ADAS) Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Advance Driver Assistance Systems (ADAS) Breakdown Data by End User

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In the last section of the report, the global Advance Driver Assistance Systems (ADAS) market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global Advance Driver Assistance Systems (ADAS) Market.

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