Global Advanced Driver Assistance Systems (ADAS) Camera Market by Vehicle Types, Technologies, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2026
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The global advanced driver assistance systems (ADAS) camera market, is expected to expand at a considerable CAGR during the forecast period 2020–2026. The major reasons behind its growth in the market are rise in sales of automobiles, surge in number of road fatalities, and the advancement of technology, especially in the sensor market. Other factors such as increasing awareness among the people related to road safety, initiatives taken by the governments to promote road safety, and the surge in the automation in the automobile sector are the driving factors behind the growth of the device in the market. Request for sample@ https://dataintelo.com/request-sample/?reportId=122663 Primarily, the advanced driving assistance system (ADAS) camera, is a crucial device that has various functions such as monitoring the rear image, and parking assistance by assisting the driver’s visibility. In recent past, due to technological advancement in the field of consumer electronics, especially in the field of image recognition, a sensor function is responsible for visual assistance, and directly controlling automobiles.
Market Trends, Drivers, Restraints, and Opportunities: ● ● ● ●
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Rise in sales of automobiles around the world, is a driving factor for the growth of the advanced driver assistance systems (ADAS) camera market. The amount of research and development (R&D) happening in the consumer electronics sector, is anticipated to have a positive impact in the growth of the device in the market. Surge in number of road fatalities, across the globe, is a reason behind the growth of the device in the market. Nowadays, people have become much more knowledgeable, and the awareness about road safety has increased. This is expected to have a positive impact, in the growth of the device in the market. Advancement of technology, especially in the sensor market, is anticipated to be a driving factor for the growth of the device in the market. The initiatives taken by the governments to promote road safety, is a reason behind the growth of the device in the market. The rise in purchasing power of the people, is anticipated to have a positive impact in the growth of the device in the market.
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Competitive Landscape: ● ● ● ● ● ● ● ● ● ● ●
Robert Bosch GmbH Valeo Mobileye N.V. Continental A.G. Sony Corporation Delphi Automotive LLP Magna International Ficosa Corporation Samvardhana Motherson Nidec Corporation Hitachi Automotive Systems Co, Ltd
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