Global Advanced Driver Assistance Systems Market: Emerging Trends, Major Key Players Autoliv Inc and Continental AG

According to the report, The global Advanced Driver Assistance Systems market size is expected to reach $ Billion by 2028 growing at the CAGR of 30% from 2021 to 2028. The Advanced Driver Assistance System (ADAS) Market is likely to witness a significant increase in growth rate over the forecast period, on account of rising labor costs and shortage of skilled operators in the automotive and transportation sector. The rapid growth in the ADAS market is attributed to the increased need for safety and security in vehicles. The increasing vehicle production across the globe and rising demand for luxurious vehicles are driving the growth of the ADAS market.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global ADVANCED DRIVER ASSISTANCE SYSTEMS industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Advanced Driver Assistance Systems market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Advanced Driver Assistance Systems players holding highest market share include Autoliv Inc, Continental AG, DENSO Corporation and Magna International Inc. These players use acquisition as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Autoliv Inc
• Continental AG
• DENSO Corporation
• Magna International Inc
• Valeo
• NXP Semiconductors
• Panasonic Corporation
• Renesas Electronics Corporation
• Texas Instruments
• Delphi Automotive Company

Segmental Analysis

Market Segment By System Type with focus on market share, consumption trend, and growth rate of ADVANCED DRIVER ASSISTANCE SYSTEMS Market:
o Tire Pressure Monitoring System (TPMS)
o Drowsiness Monitor System
o Intelligent Parking Assist System (IPAS)
o Adaptive Cruise Control System
o Blind Spot Object Detection System
o Lane Departure Warning System
o Adaptive Front-lighting System
o Others

Market Segment By Sensor Type with focus on market share, consumption trend, and growth rate of ADVANCED DRIVER ASSISTANCE SYSTEMS Market:
o Image Sensor
o Lidar Sensor
o Ultrasonic Sensor
o Infrared (IR) Sensor
o Radar Sensor
o Laser

Market Segment By Vehicle Type with a focus on market share, consumption trend, and growth rate of ADVANCED DRIVER ASSISTANCE SYSTEMS Market:
o Passenger Car
o Light Commercial Vehicle
o Buses
o Trucks

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Global Advanced Driver Assistance Systems Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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