DUBLIN--(BUSINESS WIRE)--The "Global Automotive Advanced Driver Assistance System (ADAS) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Global automotive advanced driver assistance system (ADAS) market expected to grow at a CAGR of 21.93% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is development of improved image sensor for better night vision. The development of improved image sensor for better night vision is gaining traction in the market. The image sensor is an integral component of NVS to enable night vision. Sensor suppliers are also working on developing solutions that are more effective for operating in the night.
According to the report, one driver in the market is growing safety concerns in the automotive ecosystem. With the globally increasing number of vehicles, the average distance traveled by passengers is also on the rise as more and more people are using cars for long journeys. The automotive industry has been actively working on improving the road safety by preventing accidents and reduction in injuries.
Further, the report states that one challenge in the market is ADAS technologies are still expensive to gain wider adoption. The price of ADAS has increased due to complex image processing required by systems, which takes inputs from radars, cameras, and LIDAR. Additionally, high costs associated with the procurement and maintenance of ADAS technologies limit their usage to luxury vehicles.
- Magna International
- ZF Friedrichshafen
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
5. Market Landscape
6. Market Sizing
7. Five Forces Analysis
8. Market Segmentation by ADAS Technologies
9. Market Segmentation by Vehicle Type
10. Customer Landscape
11. Regional Landscape
12. Decision Framework
13. Drivers and Challenges
14. Market Trends
15. Vendor Landscape
16. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/m48kjq/global_automotive?w=4