ADAS Market to Reach 78.2 Billion USD by 2020 – MarketIntelReports

“ADAS market is estimated to grow by 16.1% reaching net market shipment of 87.35 million units”
Advanced Driver Assistance Systems (ADAS) Market: Increase in use of ADAS and LDWS systems in cars during 2015-2020

 The automotive driver assistance system is an emerging technology in the automotive industry. This technology assist the driver while driving, parking and in case of any emergency. This technology is a group of various sensors and systems that will alert driver in case of any incurring accident and about the condition of the vehicle. There is high scope for the Advanced Driver Assistance Systems (ADAS) Market in various regions across the globe during 2015-2020.

Complete research on Advanced Driver Assistance Systems (ADAS) Market available at http://www.marketintelreports.com/report/atr008/advanced-driver-assistance-systems-adas-market-analysis–by-modules-acc-tpms-bsd-ldws-fcms-aeb-by-sensors-image-radar-laser-by-vehicle-passenger-lcv-hcv–with-forecast-2015–2020

 

Scope and Regional Forecast of the Advanced Driver Assistance Systems (ADAS) Market:

In the Advanced Driver Assistance Systems (ADAS) Market, parking and lane assist, map drive and driver detection are some of the increasingly used features. There is high demand for Tire Pressure Monitoring System (TPMS) and Lane Departure Warning Systems (LDWS) in commercial vehicles for assistance and maintenance of the vehicles through 2020.

Europe is one of the leading regions in the Advanced Driver Assistance Systems (ADAS) Market owing to the presence of many automotive companies in the region. Safety guidelines set by the government and growing awareness about active safety systems are the major driving factors of this market during 2015-2020.

In the Advanced Driver Assistance Systems (ADAS) Market, sensors with various functionalities are expected to witness brisk growth and automotive OEMs are expected to have high demand for sensors and electronics for automobiles during 2015-2020.

 

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Segmentation and Key Players of the Advanced Driver Assistance Systems (ADAS) Market:

The Advanced Driver Assistance Systems (ADAS) Market is segmented into various categories by vehicle type, by sensors installed, by end user application modules and by geography as follows:

By vehicle type: Passenger Vehicle, Light Commercial Vehicle (LCV) and Heavy Commercial Vehicle (HCV)

By sensors installed: Image sensors, Radar sensors, Laser sensors, Ultrasonic sensors and Infrared sensors

By end user application modules: Adaptive Cruise Control System, Tire Pressure Monitoring Systems, Blind Spot Detection System, Lane Departure/Change Warning System (LDWS), Forward Collision Mitigation System (FCMS), Emergency Braking System, Autonomous Emergency Braking (AEB) and others

By geography: North America, South America, Europe and Asia Pacific

The key players in the Advanced Driver Assistance Systems (ADAS) Market are as follows:

  • Delphi Automotive PLC
  • Omron Corporation
  • Robert Bosch Car Multimedia GmbH
  • Denso Corporation
  • Continental AG

 

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The Advanced Driver Assistance Systems (ADAS) Market is a fast growing market with high use of parking assist and driver assist systems for advanced driving vision technologies experience in the automotive industry in various regions across the globe. This market is expected to witness high growth owing to the increasing investment for ADAS system by automotive companies, high R&D for driver assistance systems and growing demand for cars with driver assist and brake assist system by the population across the globe during 2015-2020.

 

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