Automotive ADAS are electronic components installed in vehicles, which present an intelligent driving experience to the driver. These systems comprise of unique sensors such as ultrasonic, image, RADAR, LiDAR, infrared and LASER. Deploying ADAS to enhance comfort levels and ensure safety and security on road is the majorly growing trend within the automobile sector. The implementation of ADAS has been considered as a revolution as it provides dynamic features such as adaptive.
Parking Assist Systems is expected to lead the global ADAS market. In 2015, parking assist systems held the largest share in the market owing to the development of the partial and fully autonomous cars. This system helps the driver to safely park the cars in the exhaustive and challenging situation by giving a full perspective of the vehicle back side including the blind spots. From the one that would help demonstrate the driver of any possible collisions while parking, park assist systems have evolved into one what would park the vehicle without any intervention from the driver’s side. Ford Global Technologies and Bosch are the major players that own most of the patents related to the park assist technology.
The demand for luxury vehicles, increased adoption from the automotive sector, stringent government regulations and accelerating the need for road safety systems are the major drivers for the market growth. Conversely, factors inhibiting the market growth software failure in sensors, the high cost of the equipment and intensive competition.
In 2018, the global Automotive ADAS market size was 11000 million US$ and it is expected to reach 58600 million US$ by the end of 2025, with a CAGR of 27.0% during 2019-2025.
This report focuses on the global Automotive ADAS status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive ADAS development in United States, Europe and China.
The key players covered in this study
Continental Ag
Delphi Automotive PLC
Robert Bosch Gmbh
Aisin Seiki Co. Ltd.
Denso Corporation
Trw Automotive Holdings Corp.
Mobileye NV
...
Market segment by Type, the product can be split into
Adaptive Cruise Control (ACC)
Lane Departure Warning (LDW) System
Park Assist
Blind Spot Detection
Others
Market segment by Application, split into
Passenger Car
LCV
HCV
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Automotive ADAS status, future forecast, growth opportunity, key market and key players.
To present the Automotive ADAS development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Automotive ADAS are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automotive ADAS . Industry analysis & Market Report on Automotive ADAS is a syndicated market report, published as Global Automotive ADAS Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Automotive ADAS market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.