Press release
AT a CAGR of 18.2%, Advanced Driver Assist Systems (Adas) Market is expected to reach US$ 108.04 bn by 2030
The advanced driver assistance system (ADAS) includes a wide range of active and passive systems designed to support the driver by providing comfort, safety, and effectiveness while driving and improves the safety and security of the driver, passengers, and pedestrians. It features a lot of crucial components like radar, cameras, sensors, and software that make the system work properly. Around the world, the use of automated or driverless cars is becoming increasingly popular. Due to the growing need for improved comfort, safety features, and driving efficiency, major market participants are investing a lot of money in research and development.Any of a range of electronic technologies that help drivers with driving and parking functions is known as an advanced driver-assistance system (ADAS). ADAS improve auto and road safety by providing a secure human-machine interface. ADAS employs automated technology, like as cameras and sensors, to recognise surrounding impediments or driving errors and take appropriate action. Depending on the elements that are installed in the car, ADAS can enable varying degrees of autonomous driving.
Since human error causes the majority of traffic accidents, ADAS are designed to automate, adapt, and improve car technology for safety and better driving. ADAS have been shown to lower traffic deaths by reducing human error. By providing technologies that notify the driver to issues, putting in place protections, and taking control of the vehicle if necessary, safety features are intended to prevent collisions and crashes. Automated lighting, adaptive cruise control, collision avoidance aid, traffic alerts and satellite navigation, warnings of potential obstructions, assistance with lane departure and lane centering, smartphone navigation, and other features are examples of adaptive features.
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Segmentation:-
Global Advanced Driver Assist Systems (Adas) Market: Major Players
NXP Semiconductors
Autoliv Inc
Continental AG
Texas Instruments
Harman International Industries
Mobileye N.V
NVIDIA Corporation
Hitachi Ltd
Takata Corporation
Panasonic Corporation
Aisin Seiki Co., Ltd
DENSO Corporation
ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH)
Delphi Automotive Company
Hyundai Mobis
Stonkam Co., Ltd
Valeo
ZF Friedrichshafen
Renesas Electronics Corporation
Magna International Inc
Global Advanced Driver Assist Systems (Adas) Market: By Types
Tire Pressure Monitoring System (TPMS)
Drowsiness Monitor System
Intelligent Parking Assist System (IPAS)
Adaptive Cruise Control System
Blind Spot Object Detection System
Lane Departure Warning System
Adaptive Front-lighting System
Others
Global Advanced Driver Assist Systems (Adas) Market: By Applications
Passenger Car
Light Commercial Vehicle
Buses
Trucks
Global Advanced Driver Assist Systems (Adas) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Advanced Driver Assist Systems (Adas) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report
1. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
2. Provision of market value (USD Billion) data for each segment and sub-segment
3. Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
4. Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
5. Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
6. Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
7. The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
8. Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
9. Provides insight into the market through Value Chain
10. Market dynamics scenario, along with growth opportunities of the market in the years to come
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