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Advanced Driving Assistance System Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Advanced Driving Assistance System Market SizeThe global Advanced Driving Assistance System market was valued at US$ 34510 million in 2022 and is anticipated to reach US$ 274940 million by 2029, witnessing a CAGR of 34.1% during the forecast period 2023-2029.
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Advanced Driving Assistance System Market
Advanced Driver assistant System, referred to as "ADAS, is using all kinds of sensors installed on the car, in the first place to collect the car inside and outside environment data, static and dynamic object recognition, detecting and tracking techniques such as processing, so that they can make the Driver in the fastest time to detect the possibility of danger, in order to attract attention and improve the safety of active safety technology.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Advanced Driving Assistance System key players include Continental, Delphi, Bosch, etc. Global top three manufacturers hold a share about 50%.
Europe is the largest market, with a share about 25%, followed by North America and China, both have a share about 35 percent.
In terms of product, Blind Spot Detection is the largest segment, with a share about 20%. And in terms of application, the largest application is Passenger Car, followed by Commercial Vehicle.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Advanced Driving Assistance System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Advanced Driving Assistance System.
The Advanced Driving Assistance System market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Advanced Driving Assistance System market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Advanced Driving Assistance System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Segment by Type
• Blind Spot Detection
• Driver Fatigue Detection
• Automatic Emergency Braking
• Foward Collision Warning
• Automatic Stopping
• Auto-adaptive Cruise Control
• Lane Departure Warning
• Others
Segment by Application
• Passenger Car
• Commercial Vehicle
By Company
Continental, Delphi, Bosch, AISIN SEIKI, AUTOLIV, Denso, Valeo, Magna International, TRW Automotive Holdings, HELLA, Ficosa International, Mobileye NV, Mando Corporation, Texas Instruments, Hitachi
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