Dublin, June 02, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Advanced Driver Assistance System (ADAS) Market by Type, Sensor Technology, Vehicle Type, & by Region - Forecast to 2021" report to their offering.

The global advanced driver assistance system (ADAS) market is projected to grow at a CAGR of 10.44% from 2016 to 2021, to reach a market size of USD 42.40 billion by 2021.

Stringent vehicle safety legislations, improving socio-economic conditions, and growing demand for premium cars to fuel the demand for advanced driver assistance systems"

Key factors responsible for the growth of this market include the introduction of driver assistance technologies in mid-segment cars and the growing awareness regarding vehicle and pedestrian safety.

Asia-Oceania is projected to register the highest CAGR from 2016 to 2021. This can be attributed to the presence of developed countries such as Japan and South Korea in the region; these two countries impose vehicle safety regulations that are as stringent as that of Europe and North America. Additionally, improving socio-economic conditions in countries such as India, Thailand, and Indonesia have raised the demand for premium segment passenger cars, which has in turn, boosted the market for ADAS in these countries.

Camera sensors are used in various applications in modern automobiles. These applications include driver assistance technologies such as lane departure warning, drowsiness-monitoring, and park assist systems. The market for these technologies is set to witness substantial growth, and this trend is expected to continue in coming years. The camera sensor segment of the ADAS market, therefore, possesses high growth potential.

The global ADAS market is dominated by globally established players such as Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Robert Bosch GmbH (Germany), and Autoliv Inc. (Sweden). Key growth strategies adopted by these players include expansion and new product development.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Technology Overview

7 Advanced Driver Assistance System Market, By Region & Technology

8 Advanced Driver Assistance System Market, By Sensor Technology

9 Advanced Driver Assistance System Market, By Vehicle Type

10 Competitive Landscape

11 Company Profiles

- Autoliv Inc.
- Delphi Automotive PLC
- Denso Corporation
- Infineon Technologies AG
- Magna International Inc.
- Mobileye N.V.
- Robert Bosch GmbH
- Valeo S.A.
- Wabco Holdings Inc.

For more information visit http://www.researchandmarkets.com/research/sng556/advanced_driver

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         Sector: Telematics and Vehicle Electronics, Automotive Safety, Automotive Sensors 

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