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Market Study Report presents latest report on global Advanced Driver Assistance Systems (ADAS) Market, which evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2021-2027.
Market Analysis and Insights: Global Advanced Driver Assistance Systems (ADAS) Market
The global Advanced Driver Assistance Systems (ADAS) market size is projected to reach US$ 717720 million by 2027, from US$ 183620 million in 2020, at a CAGR of 21.5% during 2021-2027.
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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.
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.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Advanced Driver Assistance Systems (ADAS) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Advanced Driver Assistance Systems (ADAS) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Advanced Driver Assistance Systems (ADAS) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Advanced Driver Assistance Systems (ADAS) market.
Geographically, the Advanced Driver Assistance Systems (ADAS) market report concentrates on elaborating the growth prospects of the marketplace spanning numerous regions across the globe. A detailed evaluation of the competitive trends has also been provided, enabling shareholders to leverage the best of information delivered, in order to take informed decisions. Say for example, the report retains focus on the parameters such as the ex-factory price, production capacity, etc.
How extensively has the industry been segmented in terms of the product and application landscapes?
- The report encompasses a generic outline of the Advanced Driver Assistance Systems (ADAS) market with respect to the product types as well as applications.
- The product landscape, as claimed by the report, is classified into the type such as BSD blind spot detection, DSM Driver Fatigue Detection, AEB automatic emergency brake, AP automatic parking, Pre-collision warning of FCW, ACC adaptive cruise, LDW Lane Deviation Warning and Other.
- The report not only features extensive information with respect to the valuation held by every product, but also elaborates on the price models and the production volume.
- Considering the application terrain, the report effectively categorizes the same into Passenger Car, Commercial Vehicle.
- The study delivers expansive details regarding the segment, particularly focusing on the product consumption with respect to every application sector.
- Also, the remuneration accrued by every application segment has been provided in the report, alongside the consumption market share.
- Not to mention, the consumption growth rate of every application has also been provided, enabling the consumer to better understand the growth path of the application in question.
The competitive spectrum holds a pivotal position in the Advanced Driver Assistance Systems (ADAS) market, given that it is bound to help emerging entrants and prospective shareholders decide on the possibilities of penetrating the industry at the opportune time. The details of the competitive landscape outlined in this report are likely to provide an analysis of the prominent industry vendors, their growth profiles, strategies and tactics, etc., that would help investors in decision-making.
As per the report, the Advanced Driver Assistance Systems (ADAS) market is segmented into:
- Continental Ag
- Delphi Automotive PLC
- Robert Bosch Gmbh
- Aisin Seiki Co. Ltd.
- Autoliv Inc
- Denso Corporation
- Magna International
- Trw Automotive Holdings Corp.
- Hella Kgaa Hueck & Co.
- Ficosa International S.A.
- Mobileye NV
- Mando Corp.
- Texas Instruments Inc.
- Tass international
with respect to the competitive spectrum. The study includes elaborate details regarding these companies, including the market share that each firm accounts for in the industry and the production capacity.
Some other pivotal details include a brief overview of the firm – generic outline, product description, present valuation and standing in the industry, etc.
A detailed cover-up of the regional landscapes of the Advanced Driver Assistance Systems (ADAS) market:
- The study extensively elaborates on the geographical expanse of the Advanced Driver Assistance Systems (ADAS) market, spanning zones such as United States, China, Europe, Japan, Southeast Asia & India.
- The market share that each region holds, alongside the growth prospects of the region, in consort with the growth rate that every topography is projected to register over the forecast period have been delivered in the Advanced Driver Assistance Systems (ADAS) market report.
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