Press release
ADAS Market Top Key Players - Bosch , Continental , Valeo , Mobileye , ZF , Denso , Veoneer, Autoliv, NXP, Hyundai Mobis, Magna, NVIDIA, Hella, Infineon AG
KEY FINDINGS• As of August 2021, more than 30 ADAS technologies are available worldwide. ABS, ESC and reversing cameras are nearing saturation and the future growth of the ADAS market will be driven by vision-based technologies.
• In the United States, the is an ADAS feature and is a mandatory rear-view camera for all road vehicles. Blind Spot Warning and Forward Collision Warning are the other most common features offered by OEMs.
• Premium OEMs will try to implement autonomous driving features as soon as they are developed to increase brand and market value. Due to the market attractiveness of ADAS features, existing features are being improved to gain benefits in both hardware and software.
• Globally, the decline in passenger car production is beginning to affect ADAS supplier balance sheets faster than expected. New threats to the ADAS market.
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COMMERCIAL VEHICLE ADAS MARKET
In collaboration, Bosch, Tom-tom and Daimler announced a smart cruise control for commercial vehicles.
Ford recently announced that pre-collision assistance such as automatic emergency braking and pedestrian detection, forward collision warning, post-collision braking and lane-keeping assistance will be standard on its upcoming Transit electric vehicle.
ZF has announced a $200 million investment in commercial vehicle transmissions in North America. ZF will begin production of the ZF Power line eight-speed automatic transmission at its Gray Court manufacturing facility by 2023.
RECENT DEVELOPMENTS IN ADAS MARKET
Bosch and Daimler work together to advance fully robotic and unmanned driving. The two organizations have agreed to bring fully computerized and autonomous vehicles to city streets by the beginning of the next decade.
Continental AG has developed a cloud-based travel assistant called eTravel that connects to the driver's smartphone and makes driving comfortable. Companion is integrated into existing infotainment systems, providing relevant information such as free parking spaces, gas stations and assisting with navigation.
ADAS MARKET COMPETITIVE LANDSCAPE
Auto suppliers have a much bigger role to play in coming years, related to ADAS and overall safety of cars as well as pedestrians on road by implementing modules, cameras and radars to various segments of safety.
Valeo and WABCO have signed a Memorandum of Understanding (MoU) to introduce the latest dynamic safety technologies to the truck demo to ensure road safety and enhance autonomous driving capabilities. The two organizations announced that through this MOU, Valeo and WABCO will take the lead in the development of Advanced Driver Assistance Systems (ADAS) and Automated Driving Assistance (AD) for commercial vehicles.
ADAS MARKET COMPANY PROFILES
• Bosch
• Continental
• Valeo
• Mobileye
• ZF
• Denso
• Veoneer
• Autoliv
• NXP
• Hyundai Mobis
• Magna
• NVIDIA
• Hella
• Infineon AG
Read More Information: https://mobilityforesights.com/product/adas-market/
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We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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