Global Advanced Driver Assistance System ADAS market assessed to grow with a noteworthy rate during 2020-2027
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Type Overview in the Global Advanced Driver Assistance System ADAS Market:
Based on type, the global Advanced Driver Assistance System ADAS market classified into Tire Pressure Monitoring System, Adaptive Cruise Control, Autonomous Park Assist, Automatic High Beam Control, Forward Collision Warning, Blind Spot Detection, Driver Monitoring, Front Lighting, AEB, Night Vision, Head-Up Display, Lane Departure Warning, Intelligent Parking Assist System (IPAS), Surround View System, and Traffic Sign Recognition. The Tire Pressure Monitoring System estimated to lead the market due to lower prices, which enables aftermarket adoption by medium and small car owners.
Sensor Overview in the Global Advanced Driver Assistance System ADAS market:
Based on Sensor, the global Advanced Driver Assistance System ADAS market categorized into LiDAR Sensor, Infrared Sensor, Ultrasonic Sensor, RADAR Sensor, and Image Sensor. The Image Sensor is likely to lead the market by 2027, owing to its application, which to provides better sensitivity and image processing along with lower implementation cost.
Vehicle Type Overview in the Global Advanced Driver Assistance System ADAS Market:
Based on Vehicle Type, the global Advanced Driver Assistance System ADAS market classified into Passenger Cars (Sedan, Hatchback, Minivan, and Others), Light Commercial Vehicle (Utility Vehicle, Light Truck, and Others), Buses and Heavy Commercial Vehicle (HCV). The Passenger Cars segment projected to lead the market by 2019 as a result of swelling demand for compact cars with standard ADAS features.
Regional Overview in the Global Advanced Driver Assistance System ADAS Market:
By geography, the Global Advanced Driver Assistance System ADAS) Market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific projected to dominate the market owing to the growing demand for comfort and luxury driving, the advent of smart cities with 5G networks, and stringent road safety regulations.
Additionally, the presence of major automobile manufacturers in the region will further fuel the industry demand.
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Global Advanced Driver Assistance System ADAS Market: Competitive Landscape:
Companies such as Robert Bosch GmbH, Continental AG, Aptiv, ZF Friedrichshafen, Texas Instruments, Magna International, TRW Automotive, Aisin Seiki Co., Delphi, NVIDIA Corporation, NXP Semiconductor Inc, Mobileye, Harman International, Denso Corporation, Hyundai Mobis, Valeo, Samsung, and Hella are the key players in the Global Advanced Driver Assistance System ADAS Market.
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Shashank kumar
Shingetsu research and consulting private limited
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