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2021-2028 Advanced Driver Assistance Systems Market COVID-19 Impact and Global Analysis by HARMAN International, Intellias Ltd, Magna International Inc, Robert Bosch GmbH, Valeo

06-15-2021 08:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

Increase in demand for safer driving conditions increases the demand for assistive driving system among the customers, which in turn boost the growth of advanced driver assistance systems (ADAS) market. The advanced driver assistance system offers various advantages such as a decrease in the rate of accidents, reduction in loss of property and life, and others. Advanced driver assistance system (ADAS) comprises of safety functions that are designed to advance pedestrian and passenger safety by minimalizing both motor vehicle accidents and severity. Advanced driver assistance systems warn the driver with possible danger and help the driver to remain in control to avoid an accident.

Global advance driver assistance system market is segmented on the basis of type, sensor type. On the basis of type, the market is segmented as 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), others. On the basis of sensor type, the market is segmented as ultrasonic sensor, image sensor, radar sensor, laser sensor, IR sensor, LiDAR sensor.

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The high demand for safety features and increased requirement for comfort while driving are some of the significant factors driving the growth of the advanced driver assistance system market. However, high initial cost and complex structure and lower efficiency in bad weather are some of the major factors which may restrain the growth of the advanced driver assistance system market. Additionally, stringent safety rules and regulations are anticipated to boost the growth of the advanced driver assistance system market.

The "Global Advance Driver Assistance System Market Analysis to 2028" is a specialized and in-depth study of the advance driver assistance system market with a special focus on the global market trend analysis. The report aims to provide an overview of advance driver assistance system market with detailed market segmentation by type, sensor type. The global advance driver assistance system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading advance driver assistance system market players and offers key trends and opportunities in the advance driver assistance system market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global advance driver assistance system market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The advance driver assistance system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

Top Companies in Advance Driver Assistance System Market are -

- ADASENS Automotive GmbH
- Autoliv Inc
- Continental AG
- Denso Corporation
- Elektrobit
- HARMAN International
- Intellias Ltd
- Magna International Inc
- Robert Bosch GmbH
- Valeo

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The Insight Partners
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Phone : +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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