Global Automotive Advanced Driver Assistance Systems (ADAS) Market Likely to Grow at 10.2% CAGR During 2017 to 2022
This market report from Stratview Research studies the automotive advanced driver assistance systems market over the period 2011 to 2022.
(EMAILWIRE.COM, October 16, 2018 )
Stratview Research announces the addition of a new market research report on Global Automotive Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Duty Commercial Vehicle), by Technology Type (Adaptive Cruise Control, Adaptive Front Light, Blind Spot Detection, Emergency Brake Assist, Drowsiness-Monitoring System, Lane Departure Warning, Head-up Display, Night Vision System, Park Assist, E-Call Telematics, Tire Pressure-Monitoring System, and Others ADAS), by Sensor Type (Radar, Image, LIDAR, Infrared, and Ultrasonic), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022.
The Global Automotive Advanced Driver Assistance Systems (ADAS) Market: Highlights
Stratview Research foresees a sustainable growth of CAGR 10.2% in the global automotive advanced driver assistance systems market over the next five years (2017 – 2022), which offers an opportunity to the automotive industry players to align themselves with the market growth.
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There are several factors bolstering the growth of ADAS market in the global automotive industry. The author of the report cited rising consumers’ preferences for safety features, advancement in technology, introduction of more stringent norms, and organic growth in the global automobile production as some of the major factors driving the demand for ADAS in the global automotive industry during the forecast period.
As per the study, passenger car is expected to remain the largest vehicle type in the automotive ADAS market over the next five years, driven by increasing penetration of ADAS in the segment. The vehicle type is experiencing an expansion in usage of ADAS from luxury cars to mid-range cars and is also projected to witness the highest growth during the forecast period, owing to rising demand across regions.
Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are some of the major players in the global automotive ADAS market. Other players include Audi AG, BMW AG, Ford Motors Co., and General Motors. Long-term contracts and advancement in technologies are the key strategies adopted by major OEM players to gain competitive edge in the market throughout the globe.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the addition of a new market research report on Global Automotive Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Duty Commercial Vehicle), by Technology Type (Adaptive Cruise Control, Adaptive Front Light, Blind Spot Detection, Emergency Brake Assist, Drowsiness-Monitoring System, Lane Departure Warning, Head-up Display, Night Vision System, Park Assist, E-Call Telematics, Tire Pressure-Monitoring System, and Others ADAS), by Sensor Type (Radar, Image, LIDAR, Infrared, and Ultrasonic), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022.
The Global Automotive Advanced Driver Assistance Systems (ADAS) Market: Highlights
Stratview Research foresees a sustainable growth of CAGR 10.2% in the global automotive advanced driver assistance systems market over the next five years (2017 – 2022), which offers an opportunity to the automotive industry players to align themselves with the market growth.
Click Here For Table Of Contents :-
https://www.stratviewresearch.com/toc/131/automotive-advanced-driver-assistance-systems-mark.html
Or
Request Sample :-
https://www.stratviewresearch.com/Request-Sample/131/automotive-advanced-driver-assistance-systems-mark.html
There are several factors bolstering the growth of ADAS market in the global automotive industry. The author of the report cited rising consumers’ preferences for safety features, advancement in technology, introduction of more stringent norms, and organic growth in the global automobile production as some of the major factors driving the demand for ADAS in the global automotive industry during the forecast period.
As per the study, passenger car is expected to remain the largest vehicle type in the automotive ADAS market over the next five years, driven by increasing penetration of ADAS in the segment. The vehicle type is experiencing an expansion in usage of ADAS from luxury cars to mid-range cars and is also projected to witness the highest growth during the forecast period, owing to rising demand across regions.
Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are some of the major players in the global automotive ADAS market. Other players include Audi AG, BMW AG, Ford Motors Co., and General Motors. Long-term contracts and advancement in technologies are the key strategies adopted by major OEM players to gain competitive edge in the market throughout the globe.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results