Global Driver Assistance System Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
The fundamental competitors in the driver assistance systems market are Gentex Corporation (US), Autoliv Inc. (Sweden), Continental AG (Germany), Texas Instruments Inc. (US), Delphi Automotive PLC (UK), Robert Bosch GmbH (Germany), Hitachi Ltd (Japan), Magna International (Canada), Hella KGAA Hueck & Co. (Germany), and Renesas Electronics Corporation (Japan) among others.
The importance of road safety is playing a major role in developing the driver assistance system market. Reports that deliver insights into the semiconductors and electronics industry has been presented by Market Research Future, which creates reports on industry verticals that judge the market progress and options for growth. A 22.90 % CAGR is anticipated to promote the development of revenue levels to USD 112.69 billion by 2027.
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The collective demand for premium passenger cars is rising substantially, which is expected to create significant momentum for the driver assistance system market. Moreover, the number of cases related to drivers falling asleep on the wheel and the need to improve mobility for disabled individuals and senior citizens is expected to further provide traction for the driver assistance system market in the coming period.
The market is anticipated to be motivated by increased investment from various sources. The market is expected to be abreast of the trends that are prevalent in the market, which will aid in the long term growth of the market. The innovation scale of the product offering is improving at an accelerating rate, which will enable the evolution of the market in the upcoming years. The aptness of manufacturing resources is estimated to furthermore replicate, evidently, on the overall growth development of the market. Also, the enhanced access to resources from investment leviathans and venture capitalists is anticipated to authorize an encouraging development viewpoint in the market in the forthcoming period. The reassessment of the logistics budget is expected to open up avenues of expansion in the upcoming years.
Dec 2019 A notable industry frontrunner in presenting the most multipurpose and scalable auto and mobility LiDAR platform, LeddarTech, has announced a strategic partnership with First Sensor AG, a foremost developer of advanced sensor solutions that are also presently joining the Leddar Ecosystem. By and large, these benefits are expected to improve the success for LeddarTech customers and make available the safest, most feasible path to capacity deployment for Advanced driver-assistance systems and AD applications among others.
In September 2015, Aisin and Toyota made an agreement regarding the consolidation of the development and production of a manual
In October 2012, Autoliv Inc. added a technical center for active safety and vehicle restraint development in Shanghai, China. This center increased its crash testing, engineering of passive & active safety systems, and airbag development in China.
In March 2013, Continental collaborated with BMW (Germany) to develop an electronic co-pilot system capable of supporting highly automated driving. The main motive behind this partnership was to develop highly automated driving functions ready for implementation by 2020 and later.
In January 2012, 11.4 Delphi Automotive PLC. demonstrated the integration of user interface, infotainment, safety, and connectivity technology in its MyFi Connecting with Safety vehicle. MYFi is launched to refine the driver/vehicle relationship. This technology will help in making vehicles and drivers more aware of the situation around them.
The segment-based appraisal of the Driver Assistance System Market is conducted on the basis of type, technology, and region. On the basis of type, the driver assistance system market is segmented into lane departure warning system (LDWS), intelligent park assist system (IPAS), adaptive cruise control (ACC), blind spot detection (BSD) system, driver drowsiness system, night vision, adaptive front lighting, tire pressure monitoring system (TPMS), global positioning system and others. Based on the technology, the driver assistance system market is segmented into image sensor, ultrasonic sensor, radar sensor and other sensors such as Lidar sensors and IR sensors. Based on the region, the driver assistance system market is segmented into APAC, North America, Europe and other regions of the world.
Detailed Regional Analysis
The regional evaluation of the driver assistance systems market includes regions such as APAC, North America, Europe and other regions of the world. As per the European region is anticipated to control the driver assistance systems market through the forecast period owing to the compulsory regulations in the region for using certain driver assistance systems. The Asia Pacific region controls the driver assistance system market with the principal market share owing to the influence of improving lifestyle and infrastructure in the countries.
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TABLE OF CONTENTS
1 Report Excerpt
1.1 Asia-Pacific Fastest Growing Market
1.2 Park Assist System Trending At A High Rate
1.3 Ultrasonic And Image Sensor: Technology Of Today And Tomorrow
2 Global Driver Assistance System Market: Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
2.3 Market Structure
List of Tables
TABLE 1 Market Factor Analysis
TABLE 2 Global Driver Assistance System Market, Y-O-Y Growth Projections 2016-2027, ($ Billion)
TABLE 3 GLOBAL Driver Assistance System Market, By Types 2016-2027, ($ Million)
TABLE 4 ACC Driver Assistance System Market, By Region 2016-2027, ($ Million)
TABLE 5 LDWS Driver Assistance System Market, By Region 2016-2027, ($ Million)
TABLE 6 Park Assist Driver Assistance System Market, By Region 2016-2027, ($ Million)
TABLE 7 Drowsiness Monitoring Driver Assistance System Market, By Region 2016-2027, ($ Million)
List of Figures
FIGURE 1 Research Process
FIGURE 2 Driver Assistance System Market Forecast Indicators
FIGURE 3 Driver Assistance System Market Growth Drivers
FIGURE 4 Driver Assistance System: Value Chain Analysis
FIGURE 5 Driver Assistance System: Porter’s Five Forces Analysis
FIGURE 6 Global Driver Assistance System Market 2016-2027, ($ Million)
FIGURE 7 Global Driver Assistance System Market, By Types 2016-2027, ($ Million)
FIGURE 8 Working Stages In Adaptive Cruise Control
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