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Advanced Driver Assistance Systems Market 2017 Analysis by Types, Sensor Types and Global Regions

12-20-2017 05:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

The Insight Partners

The Insight Partners

In most of the developing countries, there is a tremendous logistic problems due to the increase in transport and traffic over the past few years. The transport has made a negative impact on emission, road capacity, energy and traffic safety and increased risk of injury & death. TO overcome this problem peoples are shifting towards advanced driver assistance system (ADAS). ADAS is s system which helps to improve the traffic safety, increase road capacity, driver comfort and limit energy consumption. This is a system in which driver task is taken over by an automated system. Advanced driver assistance system is also define as vehicle-based intelligent safety systems which helps in improving road safety. It can also be defined as integrated in-vehicle or infrastructure based system and as developed braking system. Advanced driver assistance system uses sophisticated electronics fixed with an array and advanced software to monitor driver health and enhance the driving experience.

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One of the major driving factor fueling the growth of advanced driver assistance system is improving driver awareness and safety. ADAS not only improve passenger experience but it also offers safety to the driver and enables better awareness and control to make driving easier and safety. In addition to this there are several other factors fueling the growth of ADAS are decrease fuel consumption, reliability, flexibility, efficiency, high performance and lower development cost. However, the factor hindering the growth of ADAS is growing incidence of software failures. Rapid increase in electric and hybrid vehicle, premium cars is expected to boost the market over the forecasted period.

Advanced driver assistance system market is segmented on the basis of type which includes adaptive cruise control (ACC) system, park assist system, blind spot detection (BSD) system, drowsiness monitor system, lane departure warning (LDWS) system, tire pressure monitoring system (TPMS) and others (driver monitoring system, night vision, forward collision warning, and HUD). Similarly, the market is further segmented on the basis of sensor type such as ultrasonic sensor, image sensor, radar sensor, laser sensor, IR sensor and LIDAR sensor.

The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Japan, India, Australia, South Arabia, UAE, South Africa and Brazil. Some of the key players which dominate advanced driver assistance system market are Autoliv Inc., Ford Motors Co., Robert Bosch GmbH, Valeo, General Motors (GM), Denso Corporation, NXP Semiconductors, BMW AG, Continental AG, and Audi AG.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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