The Driver Assistance System Market market was valued at USD 21.56 billion in 2017 and expected to grow at CAGR 19.9% over the forecast period 2021-2026.
Driver assistance system helps to make travel easier and comfortable, while also increasing car and road safety. On the other hand, driver assistance can also refer to secondary driving tasks such as obstacle detection, route planning, and location finding. Driver assistance system offers both simple as well as complex systems from anti-lock braking to fully autonomous hardware and software. Automobile industry evolving from a mechanical business to more software oriented, driver-assist systems help to eliminate both the physical and psychological after-effects of a collision by eliminating the possibility of ever getting into a collision. Opportunities like hybrid and electric vehicle market are expected to anticipate the growth of driver’s assistance market in upcoming years.
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The Major Manufacturers Covered in this Report:
Texas Instruments, Hyundai Mobis, Infineon Technologies Ag, Nxp Semiconductor, Aptiv (Delphi Automotive Plc), Valeo S.A, Renesas Electronics Corporation, Autoliv Inc., Wabco Holdings Inc., Denso Corporation, Robert Bosch Gmbh, and Hella Kgaa Hueck & Co
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026
Blind Spot Detection
Adaptive Cruise Control
Lane Departure Warning System
Adaptive Front Lighting
Intelligent Parking Assist System
By Vehicle Type
Light Commercial Vehicles
Heavy Commercial Vehicles
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Driver Assistance System Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Driver Assistance System Market sub-markets, depending on key regions (various vital states).
To analyze the Global Driver Assistance System Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Driver Assistance System Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions to 2029.
Primary worldwide Global Driver Assistance System Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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