Global Highway Driving Assist Market is Rising Exponentially at a CAGR of 23.71% During the Anticipated Period of 2019 to 2026

Highway Driving Assist Market is expected grow at a significant CAGR of 23.71% in the forecast period of 2019 to 2026 due to the ever-increasing concerns and focus regarding promoting safety on roads which is highly impacting the market growth rate in a positive way.

Beside this, the various innovations and rapid advancements of technologies coupled with advanced driver assistance systems”, or ADAS and automated driving will produce lucrative opportunities for the growth of the highway driving assist market.

Highway Driving Assist Market Scenario

According to Data Bridge Market Research the market for highway driving assist is accelerating because of the use of this technology helps in attaining higher amount of fuel saving. Also the, rapidly increasing demand for advanced driver assistance technologies and solution are also expected to fuel the demand of the highway driving assist market over the forecast period of 2019 to 2026. Whereas, the growing concerns regarding the data privacy and rising prevalence of cyber-security threats as well as the unavailability of infrastructure regarding the execution and utilization of advanced communication technologies will hinder the growth of the highway driving assist market in the above mentioned forecast period.

Now the question is which are the other regions that highway driving assist market is targeting? Data Bridge Market Research has estimated North America to lead the market due to rising demand for safety and comfort features for premium mid and luxury vehicles, as well as the increase in disposable income within the region.

For more analysis on the highway driving assist market request for a briefing with our analysts

Highway Driving Assist Market Scope

Highway driving assist market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of highway driving assist market is further analyzed based on maximum granularity into further segmentation. On the basis of vehicle type, highway driving assist market is segmented into passenger vehicles (PV) and commercial vehicles (CV).  The electric vehicle type segment for highway driving assist market includes battery electric vehicle (BEV), hybrid electric vehicle (HEV), plug-in hybrid electric vehicle (PHEV) and fuel cell electric vehicle (FCEV). On the basis of components, highway driving assist market is segmented into camera, radar, ultrasonic sensor, software module and navigation. Based on autonomous level, highway driving assist market is segmented into level 2 and level 3 & above. On the basis of function, highway driving assist market is segmented into adaptive cruise control, lane keep assist, lane centering assist, and collision avoidance assist. On the basis of components sales channel, highway driving assist market is segmented into OEMs and aftermarket.
  • Highway driving assist is a kind of focused technology of advanced driver assistance system which focuses on keeping the vehicle, driver and passengers intact along with promoting the security on the highways.

To know more about the study,

Key Pointers Covered in the Highway Driving Assist Market Industry Trends and Forecast to 2026

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Continental AG
  • ZF Friedrichshafen AG
  • Robert Bosch GmbH
  • Delphi Technologies
  • Valeo
  • Magna International Inc
  • Autoliv Inc
  • Mobileye
  • Visteon Corporation
  • Mando Corp
  • Aptiv
  • Veoneer Inc
  • NVIDIA Corporation
  • AB Volvo
  • HELLA GmbH & Co. KGaA
  • Tesla

Above are the key players covered in the report, to know about more and exhaustive list of highway driving assist companies’ contact us

Research Methodology of Global Highway Driving Assist Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed 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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