Advanced Driver Assistance Market

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Advanced Driver Assistance MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2023-2028
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Advanced Driver Assistance Market is estimated to
witness 80.1 billion by 2026 with 23.2 CAGR
during the forecast period 2021-2026. The
advanced driver assistance systems are intended
to assist the driver by providing efficiency,
comfort, and safety while driving, as well as to
improve the safety and security of the passenger,
driver, and pedestrian.
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• Key Takeaways
• Increasing awareness of vehicle safety and rise
  in concern for road accidents are major factors
  driving the market demand.
• Stringent government regulations and support to
  meet the safety standards set by organisations
  such as the Insurance Institute of Highway Safety
  are projected to propel market growth.
• APAC region account for the largest share of the
  Advanced Driver Assistance Systems Market owing
  to the high vehicle production and increased use
  of advanced electronics in the region.

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By Distribution Channel- Segment
Analysis Parking assistance system is majorly
accepted in the market with a share of 15.9
owing to the advanced automated parking
assistance. This system allows the user to find
it parking place and park the vehicle
automatically, thus due to such advanced system
it is estimated to drive the Advanced Driver
Assistance market size. In 2021 Lexus announced
its next generation model NX equipped with remote
park assistance an advanced driving support
technology developed based on the Mobility
Teammate Concept, to support safe, secure and
smooth parking.
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• Advanced Driver Assistance Market Industry
  Outlook
• Continental AG
• ZF Friedrichshafen
• Veoneer
• Denso
• Magna International Inc.
• Infineon Technologies AG
• Robert Bosch GmbH
• Renesas Electronics Corporation
• Texas Instruments
• Valeo

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Advanced Driver Assistance Market -
Forecast(2023 - 2028) Learn More About the
Report _at_ https//www.industryarc.com/Research/Ad
vanced-Driver-Assistance-Market-Research-510773
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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