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ADAS Market is Driven by the Increasing Use of Sensors
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Lane departure warning systems use cameras to monitor the position of the vehicle in relation to the lane markings. If the system detects that the vehicle is straying from its lane, it will provide an audible or visual warning to the driver.
Blind spot detection systems use sensors to monitor the area around the vehicle for other vehicles or objects. If a vehicle or object is detected in the blind spot, the system will provide an audible or visual warning to the driver.
Automatic emergency braking systems use sensors to monitor the distance between the vehicle and the vehicle in front of it. If the system detects that a collision is imminent, it will automatically apply the brakes in an effort to avoid or mitigate the collision.
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Key Trends and Drivers
One of the key trends in the ADAS market is the increasing use of sensors. Cameras, radar, and lidar are all being used to detect potential hazards and provide information to the system. This allows for more accurate and timely warnings to drivers.
Another trend is the increasing integration of ADAS systems into vehicle systems. This allows for a more seamless experience for drivers and helps to avoid potential errors.
Finally, there is a trend towards more automated systems. While some systems still require driver input, others are able to take over completely in certain situations. This is expected to increase as the technology improves.
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Key Players
Some major key players of ADAS Market are Robert Bosch (Germany), Continental AG (Germany), Denso (Japan), Aptiv (Ireland), ZF Friedrichshafen (Germany), Valeo (France), Magna International (Canada), Hyundai Mobis (South Korea), Veoneer (Sweden), and Aisin Seiki Co (Japan).
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