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ADAS Market is Booming Worldwide By Leading Players | Continental, Bosch, Denso, Delphi, BMW, Valeo, Magna International

04-22-2020 09:42 AM CET | IT, New Media & Software

Press release from: BrandEssence Market Research Company Pvt Ltd

Advanced Driver Assistance System (ADAS) Market

Advanced Driver Assistance System (ADAS) Market

The Global ADAS Market analysis report published on brandessenceresearch.biz is a detailed study of market size, share and dynamics covered in XX pages and is an illustrative sample demonstrating market trends. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It covers the entire market with an in-depth study on revenue growth and profitability. The report also delivers on key players along with strategic standpoint pertaining to price and promotion. Some of the major and emerging players in the Global ADAS market are Continental, Bosch, Denso, Delphi, BMW, Valeo, Magna International

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Top competitors of ADAS Market Continental, Bosch, Denso, Delphi, BMW, Valeo, Magna International

Advanced Driver Assistance Systems Market is valued at USD 30.71 Billion in 2018 and expected to reach USD 84.07 Billion by 2025 with the CAGR of 15.47% over the forecast period. Automotive manufactures are increasingly adapting new technology solutions to improve vehicle fuel economy and road safety expected to grow the Advanced Driver Assistance Systems market.
Advanced Driver Assistance System (ADAS) is referred as vehicle-based intelligent safety systems which help to improve road safety in order to avoid crash, accidents severity and post-crash phases. ADAS is equipped with various components including road safety warning system that provides audio and visual alerts. Since in 1990, GPS navigation has become very common in OEM infotainment systems since first being introduced. ADAS is usually found with vision based, radio detection and ranging (RADAR), and other advanced-sensing technologies. ADAS systems not only improve safety but also help to reduce hard braking, optimize engine performance and give drivers better fuel efficiency. ADAS can easily detect a wrong lane change and sends an alert through display Panel to get back in correct lane as well as enable to change the driving style of the vehicle and saving fuel consumption by 15%.

The regions covered in this Global Advanced Driver Assistance Systems market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Global Advanced Driver Assistance Systems market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Increasing the demand for safety vehicles coupled with fuel efficiency expected to grow the Global Advanced Driver Assistance Systems market: The Advanced Driver Assistance Systems market is likely to anticipate a high growth due to worldwide automotive industry is increasingly adopting the self-driving car technology by offering the technological advancements for better fuel economy and improve road safety in order to meet the regulatory compliance. Safety in automotive vehicles has major concern among the customers since the early days of on-road vehicles, thus original equipment manufacturers (OEMs) are significantly developing the various safety systems such as (ADAS) to avoid the road accidents and to protect the occupants within the vehicle as well as prevent people outside the vehicle.

Additionally, government organizations are constantly pushing the manufactures for improving the fuel economy as well as greater road safety. As per recent survey, the World Health Organization reported that 1.25 million deaths occur every year due to road traffic accidents. However, the performance of this system can be negatively impacted by the changing environmental conditions. Next generation ADAS will incorporate advanced sensor technologies for autonomous driving provide most lucrative opportunities in the coming years.
North America is dominating the Global Advanced Driver Assistance Systems Market: North America is estimated to dominate the advanced driver assistance systems market during forecast period. North American automakers of autonomous vehicles are increasingly relying upon this kind of solutions that can improve the vehicle performance, road safety and better fuel economy in accordance with the regulatory framework. In addition to this, the United States and the European Union have decided that all vehicles must be equipped with ADAS safety solutions by the end of 2020. According to Bureau of Transportation Statistics, in the United States, around 32,000 people are killed and over 2 million people injured in crashes every year. Asia pacific is significantly growing region due to increasing government standards towards the improvement of safety road vehicles and growing sales of autonomous vehicles is expected to drive the growth of this market in this region.

The Players Profiled in the Report:
Continental, Bosch, Denso, Delphi, BMW, Valeo, Magna International

Methodology of this Premium Report @ https://brandessenceresearch.biz/Request/Sample?ResearchPostId=65831&RequestType=Methodology

Table of Content:

1. Chapter - Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP's of Report
1.8. Report Description

2. Chapter - Global ADAS Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global ADAS Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. ADAS Market: Trends
2.8. Porter's Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region

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