DUBLIN--(BUSINESS WIRE)--The "Advanced Driver Assistance System (ADAS) - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Advanced Driver Assistance System (ADAS) market worldwide is projected to grow by US$48.6 Billion, driven by a compounded growth of 19.6%.
Processor, one of the segments analyzed and sized in this study, displays the potential to grow at over 21.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$22.5 Billion by the year 2025, Processor will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 21.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.8 Billion to the region's size and clout in the next 5 to 6 years. Over US$2.3 Billion worth of projected demand in the region will come from the rest of the European markets. In Japan, Processor will reach a market size of US$1.7 Billion by the close of the analysis period.
As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 19.2% over the next couple of years and add approximately US$8.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Autoliv, Inc.
- Continental AG
- Hyundai Mobis Co., Ltd.
- Magna International, Inc.
- Mobileye Vision Technologies Ltd.
Key Topics Covered:
1. Market Overview
2. Focus On Select Players
3. Market Trends & Drivers
4. Global Market Perspective
For more information about this report visit https://www.researchandmarkets.com/r/5ilwqc