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Advanced Driver Assistance Systems (ADAS) Market Growth Prospects, Competitive Analysis, Trend, Regulatory Landscape & Forecasts 2027

01-11-2023 12:43 PM CET | Industry, Real Estate & Construction

Press release from: Analytics Market Research

Global Advanced Driver Assistance Systems (ADAS) Market

Global Advanced Driver Assistance Systems (ADAS) Market

Advanced Driver Assistance Systems (ADAS) market was worth USD 24.7 billion in 2020 and is further projected to reach USD 54.2 billion by 2027, at a CAGR of 12.0% during the forecast period 2021-2027.

The increasing demand for a safe, efficient, and convenient driving experience as well as the rising demand for luxury vehicles across the globe are the key factors driving the growth of the ADAS market. Additionally, the Original Equipment Manufacturers (OEMs) and government regulatory authorities are taking necessary steps to improve transportation by addressing major challenges like road accidents, traffic congestion, and the cost of transportation, which in turn is driving the market growth. The rapid growth of the automotive industry has led to the use of many sensors in order to make driving comfortable, luxurious, and safe, which also favors the growth of the global ADAS market.

Advanced driver assistance systems (ADAS) are one of the fastest-growing applications in the automotive sector. The main aim of ADAS feature creation is to make roads safer and better suited to fully autonomous vehicles in the long run. However, manufacturers and buyers should not underestimate the importance of ADAS in meeting current automotive challenges. The most important effect of advanced driver assistance systems is providing critical knowledge to drivers and automating difficulties. The ADAS market is rising rapidly, and so is the growth of the ADAS algorithm. A variety of algorithms are used for life-saving power systems. Among them, vision and image processing algorithms are real game changers for the creation of ADAS applications.

The competitive landscape analysis of Advanced Driver Assistance Systems (ADAS) Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Advanced Driver Assistance Systems (ADAS) Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Get a Sample Copy of the report: https://analyticsmarketresearch.com/sample-request/advanced-driver-assistance-systems-(adas)-market/41197/

Global Advanced Driver Assistance Systems (ADAS) Market: Top Key Players
Continental Ag
Delphi Automotive PLC
Robert Bosch Gmbh
Aisin Seiki Co. Ltd.
Autoliv Inc
Denso Corporation
Valeo
Magna International
Trw Automotive Holdings Corp.
Hella Kgaa Hueck & Co.
Ficosa International S.A.
Mobileye NV
Mando Corp.
Texas Instruments Inc.
Tass international

Advanced Driver Assistance Systems (ADAS) Breakdown Data by Type
BSD blind spot detection
DSM Driver Fatigue Detection
AEB automatic emergency brake
AP automatic parking
Pre-collision warning of FCW
ACC adaptive cruise
LDW Lane Deviation Warning
Other

Advanced Driver Assistance Systems (ADAS) Breakdown Data by Application
Passenger Car
Commercial Vehicle

Global Aerospace Engineering 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 Aerospace Engineering 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.

Click here to get the purchase link: https://analyticsmarketresearch.com/purchase/advanced-driver-assistance-systems-(adas)-market/41197/?license=single

Reasons to Purchase Advanced Driver Assistance Systems (ADAS) Market Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• 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
• 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
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• 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
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Global Conformal Coatings Market:https://www.linkedin.com/posts/vaishnavi-rokade-b40193248_conformal-trend-forecasts-activity-7014519242154786817-PglK?utm_source=share&utm_medium=member_desktop

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About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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