GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET - PowerPoint PPT Presentation
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GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET
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Global Advanced Driver Assistance Systems (ADAS) Market is estimated to grow at a CAGR of 19.01% over the forecast period of 2018-2026. – PowerPoint PPT presentation
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Title: GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET
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GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS)
MARKET
- FORECAST 2019-2027
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MARKET OVERVIEW
GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS)
MARKET FORECAST 2018-2026
- The segmentation of the Global Advanced Driver
Assistance Systems (ADAS) market is done on the
basis of vehicle type, sensor type and solutions. - Vehicle type segment includes heavy commercial,
passengers, and light commercial vehicles. ADAS
sensor types include ultrasonic, image, laser,
infrared, and LiDAR sensors. - Market by solutions includes adaptive front
lighting systems, parking assistance system,
blind spot detection, collision warning systems,
advanced emergency braking system, electronic
stability control, traffic sign recognition
systems, driver drowsiness detection, lane
departure warning systems, tire pressure
monitoring system, adaptive cruise control, and
other solutions.
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INTRODUCTION
KEY FINDINGS
- Advanced driver assistance systems (ADAS) are
used to provide an intelligent driving experience
for the driver. - The Global advanced driver assistance system
(ADAS) market is expected to evolve with a CAGR
of 19.01 over the forecast years of 2018-2026.
- Global Advanced driver assistance system (ADAS)
market by Component type, by Sensor by
geography.
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Infographic
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Assistance System (ADAS) market
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NORTH AMERICA ADVANCED DRIVER ASSISTANCE (ADAS)
MARKET
- The growing demand for luxury cars, increase in
fleet operations across the region and the need
to comply with the government standards of
driving systems have created a huge demand for
ADAS in the North American region. - As a result, the North America advanced driver
assistance system (ADAS) market is slated to
showcase a CAGR of 17.60 for the forecast period
of 2018-2026.
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EUROPE ADVANCED DRIVER ASSISTANCE (ADAS) MARKET
- In its 2013 protocol, the Euro NCAP announced the
assessment of certain types of ADAS, such as
electronic stability control, lane departure
warning, lane keeping assist, automatic emergency
braking, pedestrian protection systems etc., to
qualify for vehicle safety rating. - This serves as a driving factor to create a
market for ADAS in Europe. - Over the forecast years of 2018-2026, the Europe
advanced driver assistance system (ADAS) market
is likely to exhibit a CAGR of 20.41.
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ASIA PACIFIC ADVANCED DRIVER ASSISTANCE (ADAS)
MARKET
- In the light of upcoming regulations and high
luxury car sales, the market for ADAS in
Asia-Pacific is set to register a growth of
19.51 for the forecast period of 2018-2026. - The improving socio-economic conditions in India,
Thailand and Indonesia have created demand for
premium segment passenger cars, thereby
increasing the demand for ADAS in these countries.
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COMPETITIVE INSIGHTS
- Companies like Aptiv (Delphi Automotive Plc),
Aisin Seiki Co Ltd, Autoliv Inc, Continental Ag,
Hella Kgaa Hueck Co, Denso Corporation, Hyundai
Mobis, Magna International Inc, Infineon
Technologies Ag, Mobileye N.V, Panasonic
Corporation, Nxp Semiconductor, Renesas
Electronics Corporation, Samvardhana Motherson
(Smr), Robert Bosch Gmbh, Takata, Valeo S.A,
Texas Instruments Wabco Holdings Inc, and Zf Trw
are established in the global ADAS market.
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