Automotive Advance Driver Assistance System Market Globally Grow at a CAGR of 19.63% by Revenue During the Forecast Period 2017-2020

ALBANY, NY, March 31, 2017 : ADAS essentially consist of sub-systems and features that work independently or are combined together to provide assistance, which is not only restricted to safety but can also span comfort as well as a broad spectrum of convenience for drivers of modern day automobiles. ADAS are defined as those systems, which provide essential information, as well as automate difficult-to-perform or tiresome and repetitive tasks, with a goal that is not limited to enhancing the safety and security of everyone on the road, including pedestrians. This definition of ADAS is purposefully kept as fluid as possible keeping in mind the fact that the ADAS landscape is ever-changing. These constant changes are engendered by the advances in automotive as well as non-automotive electronics, besides the advent of better and smarter algorithms, which are constantly in search of near-human intelligence.

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Technavios analysts forecast the global automotive advanced driver assistance systems (ADAS) market to grow at a CAGR of 19.63% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive advanced driver assistance systems (ADAS) market for 2016-2020. To calculate the market size, Technavio considers a combination of top down and bottom up approaches, wherein our in-house databases have been used to arrive at the global ADAS market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Automotive Advanced Driver Assistance Systems (ADAS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bosch
Continental
Delphi
Magna
Valeo
ZF-TRW

Other prominent vendors
ADASENS Automotive
BASELABS
Bosch SoftTec
CogniVue
Elektrobit
Jasmin Infotech
Navigon
Nexyad
Mobileye
Omnivision
Aptina
nVidia
Qualcomm
Freescale
IAV
KPIT Cummins
Neusoft
Ricardo
Tata Elxsi
Tata Consulting
Wipro

Market driver
Infotainment design upgrade to fifth generation will drive ADAS development and adoption
For a full, detailed list, view our report

Market challenge
Camera-based ADAS are affected by ambient conditions
For a full, detailed list, view our report

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Market trend
Cameras expected to have best growth across all sensor types in ADAS and will replace side and rear-view mirrors
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.