The global Advanced Driver Assistance System (ADAS) market size is expected to reach USD 66.14 Billion at a steady CAGR of 11.8% in 2028, according to latest analysis by Emergen Research. Advanced driver assistance system market revenue growth is driven by rise in demand for safety features in vehicles, implementation of stringent safety regulations, and technological advancements in advanced driver assistance systems.
Advanced Driver Assistance System (ADAS) market published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the along with crucial statistical Advanced Driver Assistance System (ADAS) market The research study provides historical data from 2017 to 2019 and offers accurate forecast estimation until 2028. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies
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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights of their achievements and financial standings.
Key companies operating in the market include: Continental AG, Robert Bosch GmbH, Denso, Samsung Electronics, Intel, Hyundai Mobis, ZF Friedrichshafen AG, Magna International Inc., Renesas Electronics Corporation, and Infineon Technologies AG.
The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of Advanced Driver Assistance System (ADAS) marketindustry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
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Emergen Research has segmented the global advanced driver assistance system market on the basis of offering, component, system, vehicle type, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Software
Component Outlook (Revenue, USD Billion; 2018–2028)
- LiDAR
- Camera Unit
- Ultrasonic Sensor
- Radar Sensor
- Infrared Sensor
System Outlook (Revenue, USD Billion; 2018–2028)
- Adaptive Front Light (AFL)
- Adaptive Cruise Control (ACC)
- Blind Spot Detection (BSD)
- Forward Collision Warning (FCW)
- Automatic Emergency Braking (AEB)
- Driver Monitoring System (DMS)
- Cross Traffic Alert (CTA)
- Lane Departure Warning (LDW)
- Pedestrian Detection System (PDS)
- Tire Pressure Monitoring System (TPMS)
- Road Sign Recognition (RSR)
- Intelligent Park Assist (IPA)
- Night Vision System (NVS)
- Traffic Jam Assist (TJA)
Vehicle Type Outlook (Revenue, USD Billion; 2018–2028)
- Light Commercial Vehicle
- Passenger Car
- Bus
- Truck
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Regional Analysis of the Advanced Driver Assistance System (ADAS) market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of Advanced Driver Assistance System (ADAS) market size and share for the projected period of 2018-2028
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Advanced Driver Assistance System (ADAS) marketAnalysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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