Global Advanced Driver-Assistance Systems (ADAS) Market is Expected to Reach Market value of USD 14.14 billion by 2027

Advanced Driver-Assistance Systems (ADAS) Market is forecasted to grow at 21.19% with factors such as lack of required infrastructure and complex features which will hamper the growth of the market in emerging economies.

Advanced driver-assistance systems (ADAS) market has shown an exceptional penetration in developed economies in North America. Increasing investment in research & development and increasing government regulations to enhance vehicle safety will uplift the growth of the market.

Advanced Driver-Assistance Systems (ADAS) Market Scenario

According to Data Bridge Market Research the advanced driver-assistance systems (ADAS) is witnessing a tremendous growth rate owing to certain factors such as, increasing need for leisure transports is required to intensify the need for the exchange. Some of the distinguished constituents such as progressing administration guidance linked with the protection, expanding predominance for secure driving knowledge, they can minimize the transportation jam, and progressing requirement for self-sufficient and electronic transports which will also stimulate the market in the years of 2020 to 2027. Unavailability of expected foundation and complex characteristics are components which is anticipated to hinder the business germination in the considered projection period.

Now the question is which are the other regions intuitive is targeting? Data Bridge Market Research has forecasted a large growth in North America. North America will govern the high-level driver-assistance methods in the prediction years of 2020 to 2027 due to expanding expenditure in investigation and advancement and strengthening government ordinances to improve vehicle security.

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Scope of the Advanced Driver-Assistance Systems (ADAS) Market

Global advanced driver-assistance systems (ADAS) market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, in the Asia-Pacific, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.

  • All country based analysis of the advanced driver-assistance systems (ADAS) market is further analysed based on maximum granularity into further segmentation. On the basis of system, the advanced driver-assistance systems (ADAS) market is segmented into adaptive cruise control, adaptive front light, automatic emergency braking, blind spot detection, cross traffic alert, driver monitoring system, forward collision warning, intelligent park assist, lane departure warning, night vision system, pedestrian detection system, road sign recognition, tire pressure monitoring system, and traffic jam assist. Based on component, the market is segmented into camera unit, lidar sensor, radar sensor, and ultrasonic sensor. On the basis of offering, advanced driver-assistance systems (ADAS) market is segmented into hardware and software. The vehicle type segment is divided into buses, light commercial vehicles, passenger cars and trucks. On the basis of electric vehicle type, the market is segmented into battery electric vehicle, fuel cell electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle. Propulsion segment of advanced driver-assistance systems (ADAS) market is divided into electric, petrol, and diesel.

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Key Pointers Covered in the Advanced Driver-Assistance Systems (ADAS) Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in different regions
  • Recent Developments for Market Competitors
  • Market upcoming applications
  • Market innovators study

Key Market Competitors Covered in the Report

  • Robert Bosch GmbH
  • ZF Friedrichshafen AG
  • Continental AG
  • Aptiv.
  • Intel Corporation
  • Magna International Inc
  • Valeo
  • NVIDIA Corporation.
  • HELLA GmbH & Co. KGaA
  • Texas Instruments Incorporated
  • VOXX Electronics Corp.
  • Autoliv Inc.
  • Infineon Technologies AG
  • Ficosa Internacional SA
  • AISIN SEIKI Co., Ltd
  • Hitachi Automotive Systems Americas, Inc.

Above are the key players covered in the report to know about more and exhaustive list of advanced driver-assistance systems (ADAS) companies contact us

Research Methodology: Global Advanced Driver-Assistance Systems (ADAS) Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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