The Global Commercial Vehicle ADAS market to grow at a CAGR of 16.31% during the period 2018-2022.
Global Commercial Vehicle ADAS market 2018-2022, 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.
According to the report, the introduction of sensor technology will be a key driver driving the growth of the market. Sensors are engineered to detect chemical, physical, and process changes, and detects changes in its immediate environment. Vendors are increasingly integrating automotive sensors that monitor on-board conditions in vehicles, as these sensors aid in executing automated operations.
The emergence of new business opportunities will be a key trend for the market growth. Due to the increasing ADAS penetration in commercial vehicles, business opportunities such as Big Data, Cyber Security, and Truck platoon business model will have high growth scope.
Further, the report states that the high cost pressure on OEMs will be a key challenge to the market growth. The changing regulatory environment and demanding consumer base subject the auto OEMs to extreme cost pressures. Also, the cost pressure on OEMs increases due to the growing consumer demand for advanced feature at competitive features.
- Magna International
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Technology
Part 08: Customer Landscape
Part 09: Market Segmentation By Application (Qualitative)
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/z232dr/global_commercial?w=4