FMI Releases New Report on the Advanced Driver Assistance Systems (ADAS) Market 2014 - 2020
The global advanced driver assistance systems market is increasing rapidly due to various factors such as stringent government norms related to safety and consumer preferences shifting to new technology advancement and active safety features. The global advanced driver assistance systems market is expected to register 16% to 18% CAGR for the forecast period. The global advanced driver assistance systems market is geographically segmented into seven key regions which are North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. As of 2013, North America registered the largest share in global advanced driver assistance systems market followed by Europe and Asia Pacific region respectively. In terms of growth rate Asia Pacific segment is projected to register highest growth in global advanced driver assistance systems market with double digit CAGR, closely followed by Japan and South Korea. The growth in Asia Pacific segment of the global advanced driver assistance systems market is fueled by increasing penetration rate of active safety systems especially in region like China and India due to supporting macroeconomic factors such as rising income and purchasing power, changing lifestyle to due growing urbanization and increasing awareness about active safety systems. Additionally, countries like Japan and South Korea is also forecast to register significant growth of demand inadvanced driver assistance systems and is expected to account for double digit growth in terms of revenue in the global advanced driver assistance systems market due to stringent government legislations and safety norms.
Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-283
The global advanced driver assistance systems market is further segmented into channel which include original equipment manufacturers (OEMs) and aftermarket. OEMs accounts majority of share in terms of revenue in the global advanced driver assistance systems market, and is forecast to maintain its dominance for the forecast period in global advanced driver assistance systems market. On the basis of vehicle type the global advanced driver assistance systems market is further segmented into passenger vehicle and commercial vehicle sub-segments. As of 2013, the passenger vehicle segment dominates the overall global advanced driver assistance system, and it is expected to maintain its dominance in global advance driver assistance systems market throughout the forecast period. Currently, advance driver assistance systems are majorly available as factory installed equipment in luxury in premium cars but in future these systems are expected to witness increased penetration in low segments cars too, thereby giving rising the demand in global advance driver assistance systems market.
Visit For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-283
The technology segment of global advanced driver assistance system includes infrared sensors, laser sensors, radar sensors, image sensors, and ultrasonic sensors. On the basis of type the global advanced driver assistance systems market includes adaptive cruise control (ACC), blind spot detection (BSD), park assist, lane departure warning system (LDWS), tire pressure monitoring system (TPMS), and others (night vision, driver monitoring system, forward collision warning, heads up display).The adaptive cruise control segment of the global advanced driver assistance systems market is predominant in terms of revenue, and it is expected to maintain its dominance throughout the forecast period in the global advanced driver assistance systems market. The penetration rate of adaptive cruise control is high, whereas other ADAS such as TPMS, LDWS, night vision and forward collision warning is low especially premium and low-range cars. The global advanced driver assistance systems market is fragmented with number of global and local player. The key players in the global advanced driver assistance systems market are Continental Ag, Delphi Automotive Plc, Denso Corporation, Magna International and Robert Bosch GMBH.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release FMI Releases New Report on the Advanced Driver Assistance Systems (ADAS) Market 2014 - 2020 here
News-ID: 707878 • Views: 91
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for ADAS
ADAS Navigation Market Size, Industry Status and Forecast 2019-2025
Download Sample Study @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1708707 The Global ADAS Navigation Industry Report 2019 is a professional and in-depth study on the current state of the ADAS Navigation Market. Key #Companies Analysis- Aisin Seikei, Robert Bosch, Denso Corp., Omron Corp., TRW Automotive, Valeo, Magna International, Autoliv, Hyundai Mobis, Delphi Automotive Complete report on ADAS Navigation market spread across 113 pages, profiling 10 companies and supported with tables and figures. Available at https://www.reportsnreports.com/contacts/discount.aspx?name=1708707 The report
Global Advanced Driver Assistance System (ADAS) Market
Global Advanced Driver Assistance System (ADAS) Market – Industry Analysis and Forecast (2017-2026) – By Technology, Sensor, Vehicle, Distribution Channel and Region. Global Advanced Driver Assistance System (ADAS) Market was valued US$ 23.2 Bn in 2017 and is expected to reach US$ 89.8 Bn by 2026, at a CAGR of 18.43 % during the forecast period. Rising traffic safety issues coupled with encouraging monitoring standards regarding the installation of these systems will
Autonomous Vehicles & ADAS Market Size & Share 2018, Professional Survey
The report analyzes and presents an overview of "Global Autonomous Vehicles & ADAS Market Professional Survey Report 2018" worldwide. The main objective of this report is to define, describe, and forecast the global “Autonomous Vehicles & ADAS” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities,
Automotive ADAS in China 2017-2021 Market
Global Research and Development News -- . . "Automotive ADAS Market in China 2017-2021" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' -About Automotive ADAS An advanced driver assistance system (ADAS) helps the driver avoid potential collisions by controlling the vehicle when the user is unable to respond in time. All safety features alert the driver of imminent collisions and prompt
Automotive ADAS Market Develop business strategies
MarketResearchReports.Biz adds “Global Automotive ADAS Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Automotive ADAS and the growth estimates for the forecasted period. Automotive ADAS are electronic components installed in vehicles, which present an intelligent driving experience to the driver. These systems comprise of unique sensors such as ultrasonic, image, RADAR, LiDAR, infrared and LASER. Deploying ADAS to
Global Automotive ADAS Industry 2018, Trends and Forecast Report
"Global Automotive ADAS Industry 2018, Trends and Forecast Report" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. . . Description- '