Exclusive Report on Advanced Driver Assistance System (ADAS) Market: SWOT Analysis, Key Player, Market Growth, Size, and Forecast till 2027

An exclusive report title “Advanced Driver Assistance System (ADAS) Market” published by Evolve Business Intelligence provides a detailed analysis of market size and forecast with key insights such as current and future trends, consumption pattern, end-user preference, growth and restraining factor, and company profiling. According to the report published, the global ADAS market was estimated to be $35.5 billion in 2019 and anticipated to grow at a CAGR of 22.6% from 2020 to 2027.

Major Players in Advanced Driver Assistance System (ADAS) Market:
• Autoliv Inc
• Continental AG
• DENSO Corporation
• Robert Bosch
• Valeo.
• Hyundai Mobis
• ZF Friedrichshafen
• Magna
• NXP Semiconductors
• Aisin Seiki Co.

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COVID-19 Impact Analysis
The global Advanced Driver Assistance System (ADAS) market is expected to have a positive impact in the near future (2020 & 2021) due to the temporary halt in the manufacturing facilities. The employees/ industry executives had a slowdown of the distribution channel due to supply chain disruption. The import and export supply of products has been impacted due to the temporary cross-border restriction.

Market Segment By System Type (Adaptive Cruise Control (ACC), Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System (DMS), Adaptive Front Lights (AFL), Automatic Emergency Braking (AEB), Intelligent Parking Assist System (IPAS), Blind Spot Detection (BSD), and Other System Types): Adaptive Cruise Control segment to grow at the highest CAGR during the forecast period.

Market Segment By Sensor Type (Ultrasonic Sensor, Lidar Sensor, Image Sensor, Radar Sensor, and Others): Ultrasonic Sensor Segment accounted for the largest market size in 2020.

Market Segment By Vehicle Type (Passenger Vehicles and Commercial Vehicle): Passenger Vehicles Segment to account for the highest CAGR during the forecast period.

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)

The geographic coverage in the study includes the factors that impact the growth and affecting the market across each region. The region study is categorized based on the production, consumption, growth rate, supply-demand analysis, import & export in each country. In Advanced Driver Assistance System (ADAS) Market, North America is expected to grow at the highest CAGR during the forecast period. The report also includes the detailed analysis of the companies associated with the Advanced Driver Assistance System (ADAS) Market by region with major factors such as manufacturing facilities, revenue generated, production capacity, market share, product portfolio, and SWOT Analysis.

Report Coverage:
• What is the market size in 2020 and Forecast from 2021 to 2028?
• What are the growth factors and trends coupled with opportunities and challenges?
• Who are the key players associated with the Advanced Driver Assistance System (ADAS) Market?
• What is the market share and key player positioning in Advanced Driver Assistance System (ADAS) Market?
• What are the Strength, Weaknesses, Threats, and Opportunities of Each Company in Advanced Driver Assistance System (ADAS) Market?

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Evolve Business Intelligence is market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
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This release was published on openPR.