ADAS Technology Market May See a Big Move | Veoneer, aiMotive, Velodyne Lidar, Gentex, Robert Bosch

Latest Study on Industrial Growth of ADAS Technology Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the ADAS Technology market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Major players profiled in the study are:
Aptiv (United States), Autoliv (Sweden), Velodyne Lidar (United States), Hitachi Astemo (Japan), Gentex (United States), Veoneer (Sweden), Delphi Technologies (United Kingdom), Synopsys (United States), Robert Bosch (Germany), aiMotive (Hungary), Aisin (Japan)

Scope of the Report of ADAS Technology
ADAS technology groups of electronic technologies that assist drivers in driving and parking functions. The rise of electrification, ADAS technologies, and the associated digitization of the car have catapulted the possibilities for software-defined vehicles. Shifting toward fully autonomous cars, vehicles capable of sensing their environment and operating without human involvement requires an increase in the electronic architecture of these vehicles. Rising disposable income and awareness about the ADAS system further drive the market.

On 11th January 2021, Aptiv announced its next-generation Level 1-3 capable ADAS platform. The new platform delivers safety features over the lifetime of the vehicle that exceeds consumer expectations on a platform upon which OEMs can continue to innovate.

According to the Traffic Safety Facts Research Note by the National Highway Traffic Safety Administration (NHTSA), The Nation lost 35,092 people in crashes on U.S. roadways during 2015. This 7.2% increase was “the largest percentage increase in nearly 50 years. An analysis revealed that about 94% of those accidents were caused by human error, and the rest by the environment and mechanical failures. The opportunity to reduce car accidents is making automotive ADAS even more critical.

The Global ADAS Technology Market segments and Market Data Break Down are illuminated below:
by Type (Hardware, Software), Application (Car, Truck, Bus, Others), Component (HD Digital Video Cameras, Sensors, MEMS, LIDAR, Digital Displays, Others)

Market Opportunities:
• Rising Automobile Industry and Awareness of ADAS Systems in Emerging Countries
• The Increasing Amount of Automotive Electronic Hardware and Software

Market Drivers:
• Stringent Regulatory Guidelines Regarding Safety of Drivers
• Increasing Global Demand for Enhanced Driver Safety, Comfort, and Convenience Coupled with High Adoption of Advanced Driver Assistance System (ADAS)

Market Trend:
• The Growth of Software-Defined Functionality
• Shifting of Trend from Distributed ADAS Electronic Controller Units (ECUs) to a More Integrated ADAS Domain Controller with Centralized ECUs

What can be explored with the ADAS Technology Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global ADAS Technology Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in ADAS Technology
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Table of Contents
Global ADAS Technology Market Research Report
Chapter 1 Global ADAS Technology Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global ADAS Technology Market Forecast

Finally, ADAS Technology Market is a valuable source of guidance for individuals and companies.

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