Advanced Driver Assistance Systems | 2018 Market Strategy : Dynamic Features Such as Adaptive Cruise Control, Parking Assistance, Blind Spot Detection, Lane Departure Warning
Press
Release - 23 April 2018
Global
Research and Development News
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Report
Description-
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The Advanced Driver Assistance System
(ADAS) provides dynamic features such as adaptive cruise control,
parking assistance, blind spot detection, lane departure warning,
drowsiness monitoring, tire pressure monitoring and night vision. The
progresses in the automotive industry are not only limited to the
development in the design or engine but also cover the safety of a
vehicle, passenger as well as pedestrian.
The growth of the market is ambitious by
increase in focus of customer on safety, the impending demand for
comfort in driving along with a rise in government regulations and
policies for ensuring safety. Furthermore, factors such as pricing
pressure, inflation, complexity and difficulty in testing systems are
some of the biggest challenges of this industry. The major trends
prevailing in the market are increased electronic content and
electronic integration, deployment of ADAS in low-cost cars and a
rise in number of driverless cars.
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The global advance driver assistance
systems market can be segmented based on system, sensor, vehicle, and
region. In terms of system, the advance driver assistance systems
market can be divided into tire pressure monitoring system,
drowsiness monitoring system, park assist system, adaptive cruise
control system, blind spot object detection system, lane departure
warning system, adaptive front light system, night vision system, and
driver monitoring system.
The adaptive cruise control segment of the
advanced driver assistance systems market is predominant in terms of
revenue, and it is expected to maintain its dominance throughout the
forecast period in the advanced driver assistance systems market. The
penetration rate of adaptive cruise control is high, whereas other
ADAS such as tire pressure monitoring system, lane departure warning
system, night vision and forward collision warning segments is low
especially premium and low-range cars. Based on sensor, the advance
driver assistance systems market can be classified into ultrasonic
sensor, infrared sensor, RADAR long range sensor, RADAR short range
sensor, image sensor, LiDAR sensor, and LASER sensor. Rise in
adoption of advanced driver-assistance systems by automotive
manufacturers has led to an upsurge in the demand for RADAR sensors
segment. These sensors not only aid the vehicle in collision
detection, warning, avoidance, and mitigation but also in lane change
assistance, pedestrian protection systems, and blind spot monitoring.
These features are expected to boost the demand for radar system
during the forecast year.
LiDAR sensors segment are also estimated to
be in high demand in the next few years. Based on vehicle, the
advance driver assistance systems can be segmented into passenger
vehicle, light commercial vehicle, heavy commercial vehicle, and
electric vehicle. The electric vehicle segment market is projected to
expand during the forecast year. Rise in concern for environmental
protection, increase in the sale of electric vehicles, and
governmental initiatives for green vehicle have propelled the market
significantly.
Based on geography, the global advance driver
assistance systems market can be split into North America, Europe,
Asia Pacific, Middle East & Africa, and Latin America. North
America has significant share in advanced driver assistance systems
market followed by Europe and Asia Pacific region respectively.
In terms of growth rate Asia Pacific is projected
to significant growth in advanced driver assistance systems market
closely followed by Japan and South Korea. The growth in Asia Pacific
region for the advanced driver assistance systems market is increase
in penetration rate of active safety systems especially in region
like China and India due to supporting macroeconomic factors such as
rise in income and purchasing power, changing lifestyle to due
growing urbanization and increasing awareness about active safety
systems. In addition to that, countries like Japan and South Korea is
also forecast significant growth of demand in advanced driver
assistance systems due to stringent government legislations and
safety norms.
Key players operating in the global advance driver
assistance systems are Continental AG, Delphi Automotive LLP., DENSO
CORPORATION, Magna International Inc., Robert Bosch GmbH, Valeo,
AISIN SEIKI Co., Ltd., HYUNDAI MOBIS, Texas Instruments Incorporated,
and HELLA KGaA Hueck & Co.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
– More
Clear Details get Table of Contents
https://www.researchmoz.us/advanced-driver-assistance-systems-adas-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content
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