Press release
Cruising in Confidence: Navigating the Freeway with Highway Driving Assist
Highway driving assist is a semi-automated driving system which supports the driver during monotonous driving conditions on highways by allowing the car to automatically accelerate and decelerate. It is a part of advance driving assist system (ADAS) which is considered as the mainstay of self-driving and autonomous vehicles. The system automatically controls acceleration, braking, and steering thus provides driver assistance and avoids vehicle crash. Furthermore, highway driving assist targets to counter through traffic keeping the vehicle at an intact distance, reducing the anxiety and fatigue of the driver. Highway driving assist system is a combination of advance safety systems such as lane keeping assist, adaptive cruise control and lane change assist which makes driving much safer and reduces the chances of human error. Moreover, highway assist system not only makes it safer for driver but also concentrates on the safety of motorist as well as pedestrian. Road crashes usually occurs due to driving errors and can avoided by the usage of highway driving assist system which reduces the chances of accidents. The surge in demand for ADAS is expected to accelerate the growth of highway driving assist market.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-toc-and-sample/12544
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Highway driving assist market has witnessed a downfall due to COVID-19 pandemic. The highway driving assist was an evolving sector with constant R&D which was disrupted due to lockdown. Due to the pandemic globally the manufacturing of automobile was halted thus disrupting the supply highway driving assists in vehicles. Also, unavailability of labour due to social distancing norms and other restriction which affected the production of hardware required for highway driving assist. Moreover, due to slowdown of global economy and fall in people's disposable income is expected to affect the vehicle purchase. Highway driving assist is an evolving sector, but the pandemic had a negative impact on highway driving assist market size for the year 2020, a major deviation was noticed in the growth of the market due the pandemic.
๐๐จ๐ฉ ๐๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ
โข Rise in vehicle automation, rise in investment towards advanced technological features, and rise in demand for ADAS in vehicles is expected to drive growth of the market.
โข However, high installation & maintenance cost and failures in sensors might hamper growth of the market.
โข Moreover, rise in road accidents cause due to human error, rise in demand for luxury vehicle, and rise in demand for safety features in vehicles acts as an opportunity for growth of the market.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/highway-driving-assist-market/purchase-options
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
๐๐ข๐ ๐ก ๐ข๐ง๐ฌ๐ญ๐๐ฅ๐ฅ๐๐ญ๐ข๐จ๐ง & ๐ฆ๐๐ข๐ง๐ญ๐๐ง๐๐ง๐๐ ๐๐จ๐ฌ๐ญ
The cost of installing highway drive assist system in vehicle is very high and also it increases the cost of new vehicle, so it is only available in luxury vehicles. Also, the prospect of providing premium feature in vehicles incurs additional expenses to consumer in the form hardware, application, and others. Furthermore, the serviceability of the vehicles also becomes difficult, and it requires skilled labours due to several electronic components and sensors. Since, highway driving assist uses are large number electrical components involved in system it subsequently increases the maintenance cost. in the Moreover, complex electronic structure tends to reduce the shelf life of vehicles. Thus, these factors are expected to hamper growth of the market.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข This study presents the analytical depiction of the highway driving assist market along with the current trends and future estimations to determine the imminent investment pockets.
โข The report presents information related to key drivers, restraints, and opportunities along with challenges of the highway driving assist market.
โข The current market is quantitatively analyzed from 2020 to 2030 to highlight the highway driving assist market growth scenario.
โข The report provides detailed highway driving assist market analysis based on competitive intensity and how the competition will take shape in coming years.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/12544
๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ก๐ข๐ ๐ก๐ฐ๐๐ฒ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ฌ๐ฌ๐ข๐ฌ๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข Which are the leading market players active in the highway driving assist market?
โข What would be the detailed impact of COVID-19 on the market?
โข What current trends would influence the market in the next few years?
โข What are the driving factors, restraints, and opportunities in the highway driving assist market?
โข What are the projections for the future that would help in taking further strategic steps?
๐๐จ๐ง๐ญ๐๐๐ญ:
David Correa
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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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