Analysis & Outlook on Automotive Advanced Driver Assistance Systems (ADAS) Global Research: Industry (2016-2020)
"Global
Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry
Analysis & Outlook (2016-2020)"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Technological
developments have now progressed a long way in automotive sector.
Present day systems use signals from a wide variety of sensors around
the vehicle to support the driver. These new systems are known as
Advanced Driving Assistance System (ADAS). They are electronic
devices which work for the driver in certain driving situations by
focusing on safety aspects and enhancement of driving comfort. New
cars have a large number of advanced driver assistance systems that
help and assist the driver in driving and parking situation.
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ADAS
is based on its functions like advanced cruise control, lane
departure warning, automatic braking systems, parking assistance,
forward collision warning. These functions are performed through
sensors fitted in the automobiles like LIDAR, radar, ultrasonic,
infrared cameras and vision.
The global ADAS market is expected to see
innovation driven growth in the coming years with major technological
advancements. The growth of the market will be seen majorly because
of safety & driving assistance need, rising income and increasing
purchasing power, changing lifestyle due to growing urbanization and
increasing awareness. The growing concern about automotive safety
among passengers has resulted in high demand for advanced driving
assistance system, due to which government across several regions
have mandated the use of ADAS in vehicles.
The key factors driving growth of the ADAS market include government regulations for installation of ADAS, escalating ADAS demand, inclusion of ADAS in new car assessment program and increasing adoption rate of vehicle safety technologies. However, market growth is hindered by factors such as complexity in the features of ADAS, environmental factors, and testing and validating hurdles. The major trends featuring the market include increasing electronic content in cars, rapid expanding hybrid and electronic car market, growth of active safety systems, and evolution of zero traffic fatalities.
The report offers an in-depth analysis of the
“Global ADAS Market”. It covers the regional and global aspect of
the market. The top notch players in the market exhibit a very close
competition. The report profiles NXP Semiconductors, NVIDIA
Corporation, ON Semiconductors and Xilinx Inc.
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