Advanced Driver Assistance Systems (ADAS) Market – Global Opportunities & Forecast, 2020-2027

 

The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers.

The Advanced Driver Assistance Systems (ADAS) Market drivers and trends are as follows:

Some of the factor driving the growth of the global advanced driver assistance systems (ADAS) market in the upcoming years include the rising penetration of electric vehicles due to the growing government efforts and subsidies to encourage the electric vehicles to meet the growing concerns regarding global warming, air pollution, and reducing fossil. Moreover, rapid technological advancements for the development of advanced driver assistance systems and the rising need for an efficient and safe driving experience to decrease the incidences of accidents will further create numerous growth opportunities. Rigorous government regulations regarding vehicle safety, along with the outbreak of autonomous vehicles, are promoting the end-users to opt for advanced driver assistance systems globally.

The rise in the per capita income, rapid urbanization, and shifting consumer lifestyle leads to an upsurge in demand for vehicles, and a sudden increase in the sales of luxury cars will bolster the growth of the market during the forecast period. The advanced driver assistance system provides remarkable characteristics such as aids in lane-keeping, traffic sign recognition, parking assist system, lane-changing, traffic sign recognition, and other features, which helps in providing a safe driving experience. On the other edge of the spectrum, some of the factors hampering the growth of the global advanced driver assistance systems include the rising cost of the systems and limited need for infrastructure in the developing countries.

For Additional Insights, Click to Access Complete Report: https://www.gmiresearch.com/report/advanced-driver-assistance-systems-adas-market/

Key Benefits of the Report:

·         This report offers an analytical depiction of the Advanced Driver Assistance Systems (ADAS) market while providing the current trends and future estimations to determine the imminent investment pockets.

·         This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the Advanced Driver Assistance Systems (ADAS) market share.

·         The report also provides a detailed the Advanced Driver Assistance Systems (ADAS) market analysis based on competitive intensity and how the competition will take shape over the next six years.

Various companies covered in the Advanced Driver Assistance Systems (ADAS) Market report:

·         ZF Friedrichshafen AG

·         Robert Bosch GmbH

·         Aptiv

·         Continental AG

·         Denso Corporation

·         Intel Corporation

·         Hyundai Mobis

·         Valeo

·         Magna International Inc.

·         NVIDIA Corporation

Segmentation of the Advanced Driver Assistance Systems (ADAS) Market:

Breakup by System:

·         Adaptive Front Light (AFL)

·         Adaptive Cruise Control (ACC)

·         Blind Spot Detection (BSD)

·         Automatic Emergency Braking (AEB)

·         Driver Monitoring System (DMS)

·         Cross Traffic Alert (CTA)

·         Intelligent Park Assist (IPA)

·         Forward Collision Warning (FCW)

·         Night Vision System (NVS)

·         Lane Departure Warning (LDW)

·         Road Sign Recognition (RSR)

·         Pedestrian Detection System (PDS)

·         Traffic Jam Assist (TJA)

·         Tire Pressure Monitoring System (TPMS)

Breakup by Component:

·         Lidar Sensor

·         Camera Unit

·         Ultrasonic Sensor

·         Radar Sensor

Breakup by Offering:

·         Hardware

·         Software

Breakup by Vehicle Type:

·         Light Commercial Vehicles (LCVS)

·         Buses

·         Trucks

·         Passenger Cars (PCS)

Breakup by Electric Vehicle Type:

·         Battery Electric Vehicle (BEV)

·         Fuel Cell Electric Vehicle (FCEV)

·         Hybrid Electric Vehicle (HEV)

·         Plug-In Hybrid Electric Vehicle (PHEV)

Breakup by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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