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Advance Driver Assistance Systems Market Global Trends, Market Share, Industry Size, Growth

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Advance Driver Assistance Systems Market Introduction
The global advance driver assistance systems market is forecasted to value over US $ 91 billion by the end of 2026, and registering a CAGR of 20.1% from 2019 to 2026.

An advanced driver assistance system (ADAS) is a collection of systems used in vehicles to provide a smart, comfortable, safe and intelligent driving experience. The safety features are designed in a way that the technology alerts the driver, and potential crashes and accidents can be avoided. The global advanced driver assistance systems market (ADAS) comprises of all the sensors used in applications such as lane departure warning system, intelligent parking assist system, adaptive cruise control, drowsiness monitor system, blind spot detection system, and others.

The ADAS market growth is prompted by the need for consumer safety, demand for efficient vehicles, comfortable driving experience, and stringent government regulations related to vehicle safety. However, factors such as expensive and complex features, security threats, and complexity in testing and huge cost associated with the installation are impeding the market growth.

Global Advance Driver Assistance Systems Market Overview
The global advance driver assistance system market is segmented on the basis of component which is further bifurcated by systems and sensors, type, and region.

The growing number of roadways infrastructure projects, ever-increasing traffic congestion, and government regulations pertaining to vehicle safety will stimulate the growth of different radar-based ADAS applications.
Increasing vehicle production in emerging economies such as Japan and China is calculated to make Asia Pacific region largest in market share compared to other regions. Other factors such as growing economies, rising demand for luxury vehicles, and Japan being a leading manufacturer of automobiles is further amplifying the market growth in the Asia Pacific region.

This market study incorporates a comprehensive scope on global market players including the developments, mergers & collaborations and new product launches. Key market players profiled in this study include Autoliv Inc, Magna International Inc., Continental AG, Robert Bosch GmbH, Valeo, Denso Corporation, Panasonic Corporation, NXP Semiconductor, Renesas Electronics Corporation and others.

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Report Summary:
Global Advance Driver Assistance Systems Market, by Component
> Systems
– Tire pressure monitoring system (TPMS)
– Drowsiness monitor system (DMS)
– Adaptive front-lighting system (AFL)
– Lane departure warning system (LDWS)
– Intelligent parking assist system (IPAS)
– Adaptive cruise control system (ACC)
– Blind spot object detection system (BSD)
– Others (night vision system and driver monitoring system)
> Sensors
– Radar sensor
– Image sensor
– Ultrasonic sensor
– Lidar sensor
– Infrared (IR) sensor

Global Advance Driver Assistance Systems Market, by Region
• North America
• Latin America
• Europe
• Asia Pacific
• Rest of the World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global advance driver assistance systems on the basis of component and region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Table of Contents
Introduction
Report description
Key benefits
Key market segments
Research methodology
• Secondary research
• Primary research
Executive summary
• Key findings
Market overview
Market definition and scope
KEY FINDINGS
• Top impacting factors
• Top winning strategies
• Top investment pockets

PORTERS FIVE FORCES ANALYSIS
MARKET SHARE ANALYSIS, 2019
MARKET DYNAMICS
• Drivers
• High demand for safety features
• Increased demand for comfort while driving
• Stringent safety rules and regulations
• Restraints
• High initial cost and complex structure
• Lower efficiency in bad weather conditions
• Opportunities

• Technological advancements in advanced driver assistance systems
• Advent of multifunctional systems

ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY COMPONENT
OVERVIEW
• Market size and forecast
SYSTEM TYPE
Tire pressure monitoring system (TPMS)
Drowsiness monitor system
Intelligent parking assist system (IPAS)
Adaptive cruise control system
Blind spot object detection system
Lane departure warning system
Adaptive front-lighting system
Others (night vision system and driver monitoring system)

SENSOR TYPE
• Image sensor
• Lidar sensor
• Ultrasonic sensor
• Infrared (IR) sensor
• Radar sensor
• Long range radar
• Short range radar
• Laser
ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, BY GEOGRAPHY
OVERVIEW
NORTH AMERICA
• Key market trends, growth factors, and opportunities
• Market size and forecast
EUROPE
• Key market trends, growth factors, and opportunities
• Market size and forecast
ASIA-PACIFIC
• Key market trends, growth factors, and opportunities
• Market size and forecast
LAMEA (LATIN AMERICA, MIDDLE EAST, AND AFRICA)
• Key market trends, growth factors, and opportunities
• Market size and forecast
INDIAN ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET, STARTUPS & ACQUISITION TRENDS
LIST OF NOTABLE ADAS STARTUPS
ACQUISITION TRENDS
GLOBAL MARKET: COMPANY PROFILES
AUTOLIV INC.
• Company overview
• Company snapshot
• Operating business segments
• Product portfolio
• Business performance
• Key strategic moves and developments

CONTINENTAL AG.
• Company overview
• Company snapshot
• Operating business segments
• Product portfolio
• Business performance
• Key strategic moves and developments

DENSO CORPORATION
• Company overview
• Company snapshot
• Operating business segments
• Product portfolio
• Business performance
• key strategic moves and developments

MAGNA INTERNATIONAL INC.
• Company overview
• Company snapshot
• Operating business segments
• Product portfolio
• Business performance
• Key strategic moves and developments

ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH)
• Company overview
• Company snapshot
• Operating business segments
• Product portfolio
• Business performance

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