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Advanced Driver Assistance Systems (ADAS) Market Growth Prospects, Key Vendors, Future Scenario Forecast to 2026

The research report on ‘Advanced Driver Assistance Systems (ADAS) market’ formulated by Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. The report further elucidates the status of leading industry players thriving in the competitive spectrum of the ‘Advanced Driver Assistance Systems (ADAS) market’.

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The global Advanced Driver Assistance Systems (ADAS) market was valued at $19.8 billion in 2017 and is anticipated to grow at a CAGR of 21.4% during the forecast period.

Advanced Driver Assistance Systems offer improved passenger experience, comfort, and safety to vehicles and drivers. Integration of advanced driver assistance systems into vehicles enable enhanced situational awareness and control for easier and safer driving experience. Some components enabling efficient functioning of Advanced Driver Assistance Systems include LiDAR, sensors, radar systems, artificial intelligence software, and GPS among others.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Advanced Driver Assistance Systems Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

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North America generated the highest revenue in 2017 owing to increasing incidents of road accidents and growing safety concerns. High disposable income, and improved living standards in the region support market growth. Technological advancements in the region, along with presence of leading market players is expected to boost the adoption of Advanced Driver Assistance Systems in North America.

The demand for Advanced Driver Assistance Systems or ADAS has increased over the years owing to rising concerns regarding road safety, and growing incidents of road accidents. Growing penetration of connected cars, and rising adoption of IOT further boosts the market growth. The increasing advancements in technologies, growing adoption of electric vehicles, and rising investments in R&D and technological innovation further supplement the growth of this market. Increasing demand for luxury vehicles, and rising development of autonomous vehicles are factors expected to offer numerous growth opportunities during the forecast period.

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The global Advanced Driver Assistance Systems market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The leading companies profiled in the report include Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Continental AG, Intel Corporation, Texas Instruments, Valeo S.A., Magna International, Inc., Autoliv Inc., and Garmin Ltd.

Key Segments Outlook
System

Adaptive Cruise Control (ACC)
Lane Departure Warning (LDW)
Blind Spot Detection (BSD)
Night Vision System (NVS)
Intelligent Park Assist (IPA)
Driver Monitoring System (DMS)
Adaptive Front Light (AFL)
Tire Pressure Monitoring System (TPMS)
Autonomous Emergency Braking System (AEB)
Forward Collision Warning (FCW)
Others

Component

Hardware
Sensors
LiDAR Sensor
Camera Unit
Ultrasonic Sensor
Radar Sensor
Processors
Electronic Control Units (ECU)
Microcontroller Units (MCU)
Software
Services

Vehicle Type

Passenger Vehicles
Commercial Vehicles

Electric Vehicle Type

Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Fuel Cell Electric Vehicle (FCEV)

Advanced Driver Assistance Systems (ADAS) Market share by Major regions included:

United States
North America
Asia Pacific
Europe
Middle East & Africa

Table of Contents

1.Overview and Scope
1.1.Research goal & scope
1.2.Research assumptions
1.3.Research Methodology
1.3.1.Primary data sources
1.3.2.Secondary data sources
1.4.Key take-aways
1.5.Stakeholders

2.Executive Summary
2.1.Market Definition
2.2.Market Segmentation
3.Advanced Driver Assistance Systems Market Insights
3.1.Advanced Driver Assistance Systems – Industry snapshot
3.2.Advanced Driver Assistance Systems – Ecosystem analysis
3.3.Advanced Driver Assistance Systems Market Dynamics
3.3.1.Advanced Driver Assistance Systems – Market Forces
3.3.1.1.Advanced Driver Assistance Systems Market Driver Analysis
3.3.1.2.Advanced Driver Assistance Systems Market Restraint/Challenges analysis
3.3.1.3.Advanced Driver Assistance Systems Market Opportunity Analysis
3.4.Industry analysis – Porter’s five force
3.4.1.Bargaining power of supplier
3.4.2.Bargaining power of buyer
3.4.3.Threat of substitute
3.4.4.Threat of new entrant
3.4.5.Degree of competition
3.5.Advanced Driver Assistance Systems Market PEST Analysis, 2017
3.6.Advanced Driver Assistance Systems Market Value Chain Analysis
3.7.Advanced Driver Assistance Systems Industry Trends
3.8.Competitive Ranking Analysis
4.Advanced Driver Assistance Systems Market Size and Forecast, 2017-2026 by System
4.1.Key Findings
4.2.Adaptive Cruise Control (ACC)
4.3.Lane Departure Warning (LDW)
4.4.Blind Spot Detection (BSD)
4.5.Night Vision System (NVS)
4.6.Intelligent Park Assist (IPA)
4.7.Driver Monitoring System (DMS)
4.8.Adaptive Front Light (AFL)
4.9.Tire Pressure Monitoring System (TPMS)

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