openPR Logo
Press release

Advance Driver Assistance Systems Market 2018 Global Major Key Players– Robert Bosch Automotive Steering GmbH, Delphi Automotive LLP, DENSO CORPORATION – Analysis and Forecast to 2023

02-22-2018 03:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

/ PR Agency: MRFR
Advance Driver Assistance Systems Market 2018

Advance Driver Assistance Systems Market 2018

Advance Driver Assistance Systems Market 2018

Advance Driver Assistance Systems Market – Segmentation

The global Automotive Turbocharger market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Technology : Comprises Adaptive Cruise Control, Adaptive Front Lights, Intelligent Park Assist, Pedestrian Protection, Blind Spot Detection, Drowsiness Monitor, Head Up Display, Others

Segmentation by Vehicle Type : Comprises Passenger Vehicle and Commercial Vehicle

Segmentation by Radar Type : Comprises Radar Sensor, Lidar Sensor, Camera Sensor, Ultrasonic Sensor

Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Request For Sample Report@ https://www.marketresearchfuture.com/sample_request/4434

Advance Driver Assistance Systems Market: Regional Analysis

The market for advanced driver assistance systems is expected to grow in the North American region with an increase in demand for automobiles, majorly in the United States. Existence of major manufacturers in this region combined with availability of sophisticated technologies enables the advanced driver assistance systems market to flourish in this region.

In the European region, the market is expected to grow due to the boost in the home delivery sector. For the safe distribution of goods and efficient city transportation, original equipment manufacturers in the European region are focusing on the advanced safety features for these vehicles, which will be a major driver for market growth in the region. The U.K, Germany, and France account for a majority of the market share of advanced driver assistance systems in this region. The growth of the Asia-Pacific region can be attributed to the increase in adoption of passenger cars and therefore, the increase in adoption of ADAS in the passenger cars. The recent shift in the preference from mileage to vehicle looks and features is also expected to result in the high demand for advanced driver assistance systems. The global advanced driver assistance systems market is also expected to grow during the forecast period owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector.

Advanced driver assistance systems are systems that are developed to increase vehicle safety and enhance the driving experience. Advanced driver assistance are a combination of certain systems that alert the driver to potential problems. Adaptive features include automated lighting, adaptive cruise control, automate braking, incorporate traffic warnings, connect to smartphones, alert driver to other cars or dangers, keep the driver in the correct lane, or show what is in blind spots. The advanced driver assistance systems are completely dependent on the automotive industry. Thus, the increasing or decreasing demand for the automobiles, directly has an impact on the market for adaptive front light systems and other automotive driver assistance systems. The total four wheeler production for the year 2015 was approximately 90 million units and it is expected to witness further growth and reach more than 100 million units by the year 2020.

This results as a primary factor driving the advanced driver assistance systems market, as the interiors of the automobiles have gained prevalence in recent times with numerous technological developments and rapidly increasing disposable income among the consumers. Thus, the growth of the advanced driver assistance systems market is expected to go hand in hand with the automotive industry.

Recent stats show that despite 60% less traffic on the roads, more than 40% of all fatal accidents occur during the nights. In the recent times, decreased visibility due to darkness have resulted in alarmingly higher number of accidents. This is where the advanced driver assistance systems (ADAS) come into the picture. The ADAS technology not only focuses on improving the safety of the passengers, but also enable the safety of the pedestrians as well, by distinguishing obstacles using infrared (IR) or ultraviolet (UV) sensors.

With the only source of lighting in the darkness being the street lamps and the front lighting systems of the vehicles, there exists an increasing need for the ADAS. In addition, stringent government regulations regarding the safety of passengers has forced the automobile manufacturers to ensure the integration of safety features in automobiles (such as pedestrian detection and blind spot detection), which in turn has fuelled the demand in the global market.

The automotive industry as a whole is a capital intensive industry. The dynamic business environment and cut throat competition in the market constantly requires influx of capital to update their technology, in order to cope with increasing incidence of customization by the consumers. Development of hybrid vehicles, aesthetic features, and safety features require constant research & development support, thus resulting in extensive capital investment at a constant rate.

Initially, the manufacturers offered features such as climate driver assistance and blind spot detection among others, only in luxury vehicles, which resulted in completely alienating the majority of middle class individuals. In the current scenario, manufacturers are pushing for such feature driver assistance in entry level and budget vehicles at affordable rates in order to acquire a greater market share than their competitors. Such cut throat competition in the automotive industry requires massive investments at a regular basis, thus the high capital investment in the advanced driver assistance systems market is expected to act as a hurdle in the growth of the market due to significant entry barriers for new player which is expected to have a negative impact on the advanced driver assistance systems market.

Complete Report Details@ https://www.marketresearchfuture.com/reports/advanced-driver-assistance-systems-market-4434

...Continued

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India+1 646 845 9312
sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Advance Driver Assistance Systems Market 2018 Global Major Key Players– Robert Bosch Automotive Steering GmbH, Delphi Automotive LLP, DENSO CORPORATION – Analysis and Forecast to 2023 here

News-ID: 954294 • Views:

More Releases from Market Research Future

US Color Cosmetics Market Report Presents an Overall Analysis, Development Trends, Driving Forces, Opportunities
US Color Cosmetics Market Report Presents an Overall Analysis, Development Trend …
Color cosmetics have long been an integral part of American culture, offering a wide range of products to enhance beauty and express individuality. The US color cosmetics market is a dynamic and vibrant landscape, driven by evolving consumer preferences, innovative product offerings, and changing beauty trends. In this article, we explore the key drivers, trends, restraints, and opportunities shaping the US color cosmetics market. The US Color Cosmetics Market was valued
US Takeout Containers Market Key Players, End User Demand and Analysis Growth Trends by 2032
US Takeout Containers Market Key Players, End User Demand and Analysis Growth Tr …
Takeout containers have become an integral part of the modern dining experience, offering convenience and portability for consumers on-the-go. In the United States, the takeout containers market has witnessed significant growth in recent years, driven by changing consumer lifestyles, the rise of food delivery services, and increasing environmental concerns. This article explores the key trends, drivers, restraints, and opportunities shaping the US takeout containers market. US Takeout Containers Market size was
Construction IoT Market Size with Growth Opportunities, Top Countries Data, Future Trends and Share with Revenue Forecast 2024 to 2032
Construction IoT Market Size with Growth Opportunities, Top Countries Data, Futu …
The Construction Internet of Things (IoT) market is rapidly expanding, revolutionizing the construction industry by enhancing productivity, safety, and efficiency. IoT in construction involves the use of sensors, devices, and software to collect and analyze data in real-time, enabling better decision-making and optimization of construction processes. The Construction IoT Market is estimated at US$ 51.78 billion in 2032 and is forecasted to increase rapidly at a CAGR of 16.8% from 2024
Logistics & Supply Chain Market By Business Top Key Players, Growth, Trend, Segmentation, Revenue and Industry Expansion Forecast Report
Logistics & Supply Chain Market By Business Top Key Players, Growth, Trend, Segm …
The logistics and supply chain market is a critical backbone of global commerce, ensuring the seamless flow of goods from production to consumption. It encompasses a vast network of processes, technologies, and providers working together to deliver products to customers efficiently and cost-effectively. Logistics & Supply Chain Market was valued at USD 9.1 Billion in 2024 and is expected to reach USD 14.72 Billion by 2032, registering a CAGR of 6.20%

All 5 Releases


More Releases for Advance

Global Cash Advance Market 2022- 2026 Global Insights by Industry Volume, Opport …
The Cash Advance report is an important asset to analyse and study the global market by type, application, historical data and key regions during the predicted period. The report helps to understand the overview of the market including market definition, segmentation and more. It also analyses the market value, share, SWOT analysis and development plans in the next five years. Moreover, the report also analyzes the market with respect to
Advance Auto Parts, Inc. (NYSE: AAP) Investor Alert: Update in Lawsuit against A …
The Shareholders Foundation announced an update in the lawsuit that is pending for certain investors in shares of Advance Auto Parts, Inc. (NYSE: AAP). Investors who purchased shares of Advance Auto Parts, Inc. (NYSE: AAP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. On February 06, 2018, a lawsuit was filed against Advance Auto Parts, Inc. (NYSE: AAP) over alleged violations of Federal
Advance Product Quality Planning Software Market
As per the research conducted by GME, the Advanced Product Quality Planning Software Market will grow with a CAGR value of 10.2%, to hit xx Billion USD by 2026. Growing demand for improvement of production processes, hedging of risks for efficient workflow, and rising need for failure detection at an early stage to reduce the operational cost will propel the market growth from 2021 to 2026. Browse 151 Market Data Tables
Advance Auto Parts, Inc. (NYSE: AAP) Investor Alert: Update in Lawsuit against A …
A lawsuit is pending for certain investors in shares of Advance Auto Parts, Inc. (NYSE: AAP) over alleged securities laws violations by Advance Auto Parts, Inc. Investors who purchased shares of Advance Auto Parts, Inc. (NYSE: AAP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. On February 06, 2018, a lawsuit was filed against Advance Auto Parts, Inc. (NYSE: AAP) over alleged violations
Hong Kong Releases Advance Pricing Guidelines; China Explores Advance Tax Ruling …
(Sunnyvale, CA) - Hong Kong’s Inland Revenue has released its long-awaited Advance Pricing Agreement guidelines, which will initially focus on negotiating bilateral and multilateral APAs specifically with jurisdictions with which Hong Kong has a Double Tax Agreement. According to the Hong Kong APA guidelines, only resident and non-resident companies with a Permanent Establishment (PE) generating taxable income in Hong Kong can apply for an Advance pricing Agreement. Companies or PE’s which do
Diskeeper 2007 Asserts Technology Advance
EAST GRINSTEAD, England--Diskeeper Corporation Europe states that its number one selling product, Diskeeper 2007, can be regarded as one of the forerunners of native 64 bit operating system support. As an ever growing number of users complain about the 64 bit non-compatibility of their software, Diskeeper remains the most popular defragmentation tool on the market. Support for 64 bit systems has been available since Diskeeper 10, hence the company’s experience