DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Advanced Driver Assistance System (ADAS) Market (2016 - 2022)" report to their offering.
Advanced driver assistance systems (ADAS) are electronic components installed in vehicles, which present an intelligent driving experience to the driver. These systems comprise of unique sensors such as ultrasonic, image, RADAR, LiDAR, infrared and LASER. Deploying ADAS to enhance comfort levels and ensure safety and security on road is the majorly growing trend within the automobile sector.
The implementation of ADAS has been considered as a revolution as it 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 developments within the automotive industry aren't limited just to enhancements in the design or engines, but developments also have been witnessed in areas such as safety of the vehicles, passengers and also the pedestrians.
The growth of the market is primarily driven due to growing focus on customer safety, the impending demand for comfort in driving along the need to adhere to the government regulations to ensure safety. However, factors such as pricing pressure, inflation, complexity and difficulty in testing systems are some of the biggest challenges of this industry. The major trends that would have notable growth are trends such as increased electronic content and electronic integration, deployment of ADAS in low-cost cars and a rise in number of driverless cars.
- Magna International, Inc.
- Autoliv Inc.
- Continental AG
- Denso Corporation
- VALEO S.A
- Robert Bosch GmbH
- Ford Motor Company
1. Market Scope & Methodology
2. Executive Summary
3. Market Overview
4. Global Advanced Driver Assistance System (ADAS) Market By Component Type
5. Global Advanced Driver Assistance System (ADAS) Market By Geography
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/s2zcr9/global_advanced