The
global advance driver assistance system market was valued at USD
14.80 billion in 2013, growing at a CAGR of 19.2% from 2014 to 2020
to account for USD 50.48 billion in 2020.
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the full Advanced Driver Assistance Market 2013 - 2020 report at
http://www.transparencymarketresearch.com/advanced-driver-assistance-market.html
The
automotive segment is one of the attractive sectors currently, with
significant expected growth in the near future. One of key factors
driving the ADAS market is the increasing emphasis on safety and the
adoption of safety measures. U.S., Europe and many other countries
such as India, and China are mapping safety regulations mandatory for
all cars. Another important factor contributing the growth of this
market is the increasing demand for comfort driving by using latest
technology. ADAS technologies support everyday driving tasks by
improving comfort and reducing demands on the driver which helps in
enhancing luxury and comfort and on the other side it is also very
useful for safety purpose.
Adaptive
cruise control segment was the largest segment and accounted for
18.15% of the global market in 2013. Tyre pressure monitoring system
is expected to grow faster than that of other segments, growing at a
CAGR of 21.1% from 2014 to 2020. Moreover, high level of economic
activities and mandatory legislations across the globe is expected to
spur the growth of the market in the forecast period.
North
America held the largest market share in 2013. This was attributed to
stringent safety & environmental regulation and buying pattern of
the people of North America. Consumers in this region are more
inclined toward the automobiles with advanced comfort systems and
features that support the health and safety regulations imposed by
the government of North America. Asia Pacific is expected to be the
fastest growing region, with an expected CAGR of 20.5% from 2014 to
2020. Growing vehicle demand, improving lifestyle, and changing
buyer’s preferences are the major factors driving the ADAS market
in Asia Pacific.
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The
report provides company market share analysis of the various industry
participants. Key players have also been profiled on the basis of
company overview, financial overview, business strategies, SWOT
analysis, and recent developments in the field of advance driver
assistance system. Major market participants profiled in this report
include Continental AG, Denso Corporation, Magna International,
Valeo, Robert Bosch, BMW, Audi, General Motors, Ford Motor Company
among others.
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all Press Releases:
http://www.transparencymarketresearch.com/press-releases.htm
This
report analyzes the global “Advanced Driver Assistance System”
market in terms of revenue (USD billion). The market has been
segmented as follows:
Advanced
Driver Assistance System Market: By type
Adaptive
Cruise Control (ACC)
Blind
Spot Detection (BSD) System
Park
Assist
Drowsiness
Monitor System
Lane
Departure Warning (LDWS) System
Tyre
Pressure Monitoring System (TPMS)
Others
(night vision, driver monitoring system, forward collision warning,
heads up
display)
Browse
all Article :
http://www.transparencymarketresearch.com/articles.htm
Advanced
Driver Assistance System Market: By technology
Ultrasonic
Sensors
Image
Sensors
Radar
Sensors
Laser
Sensors
Infrared
Sensors
Advanced
Driver Assistance System Market: By geography
North
America
Europe
Asia
Pacific
Rest
of the World
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