According to a recent report titled, Advance Driver Assistance Systems Market by Component Type: Global Opportunity Analysis and Industry Forecast, 2017-2025, the global advance driver assistance systems market was valued at $25,116 million in 2016, and is projected to reach at $143,051 million by 2025, growing at a CAGR of 21.2% from 2017 to 2025.
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Advanced driver assistance system (ADAS) offers an intelligent and comfortable driving experience. This system consists of sensors that are applicable in adaptive cruise control, lane departure warning system, park assist, blind spot detection system, adaptive front lighting system, and others.
Emphasis on consumer safety, impending need for comfort, and increase in government regulations that ensure safety drive the market growth. However, complexity & difficulty in testing systems, pricing pressure, and inflation impede the suggested growth. Implementation of ADAS in low-cost cars and increased electronic content and electronic integration are the prevalent trends in this industry.
The Major players reported in the market include:
Magna International Inc.
Robert Bosch GmbH
Renesas Electronics Corporation
The study provides an in-depth analysis of the Advance Driver Assistance Systems market along with current and future trends to elucidate the imminent investment pockets.
The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.
Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.
The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.
The quantitative analysis of the market during the period of 2017-2025 is provided to elaborate the market potential.
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KEY MARKET SEGMENTS:
BY COMPONENT TYPE
Tire Pressure Monitoring System
Drowsiness Monitor System
Intelligent Parking Assist System
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)
Central & South America
Middle East and Africa
TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 WORLD ADVANCE DRIVER ASSISTANCE SYSTEMS MARKET, BY END USER
CHAPTER 5 WORLD ADVANCE DRIVER ASSISTANCE SYSTEMS MARKET, BY APPLICATION
CHAPTER 6 WORLD ADVANCE DRIVER ASSISTANCE SYSTEMS MARKET, BY GEOGRAPHY
CHAPTER 7 COMPANY PROFILES
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Name: Sameer Joshi
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