Industry Research by Koncept Analytics
Global Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry Analysis & Outlook ----------------------------------------(2016-2020) October 2016
GlobalGlobal Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry Analysis & Outlook (2016-2020)
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Executive Summary Technological developments have now progressed a long way in automotive sector. Present day systems use signals from a wide variety of sensors around the vehicle to support the driver. These new systems are known as Advanced Driving Assistance System (ADAS). They are electronic devices which work for the driver in certain driving situations by focusing on safety aspects and enhancement of driving comfort. New cars have a large number of advanced driver assistance systems that help and assist the driver in driving and parking situation. ADAS is based on its functions like advanced cruise control, lane departure warning, automatic braking systems, parking assistance, forward collision warning. These functions are performed through sensors fitted in the automobiles like LIDAR, radar, ultrasonic, infrared cameras and vision. The global ADAS market is expected to see innovation driven growth in the coming years with major technological advancements. The growth of the market will be seen majorly because of safety & driving assistance need, rising income and increasing purchasing power, changing lifestyle due to growing urbanization and increasing awareness. The growing concern about automotive safety among passengers has resulted in high demand for advanced driving assistance system, due to which government across several regions have mandated the use of ADAS in vehicles. The key factors driving growth of the ADAS market include government regulations for installation of ADAS, escalating ADAS demand, inclusion of ADAS in new car assessment program and increasing adoption rate of vehicle safety technologies. However, market growth is hindered by factors such as complexity in the features of ADAS, environmental factors, and testing and validating hurdles. The major trends featuring the market include increasing electronic content in cars, rapid expanding hybrid and electronic car market, growth of active safety systems, and evolution of zero traffic fatalities. The report offers an in-depth analysis of the “Global ADAS Market�. It covers the regional and global aspect of the market. The top notch players in the market exhibit a very close competition. The report profiles NXP Semiconductors, NVIDIA Corporation, ON Semiconductors and Xilinx Inc. GlobalGlobal Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry Analysis & Outlook (2016-2020)
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Government regulations regarding the safety of passengers is the prime reason for the growth of the ADAS market along with technological advancements… Global ADAS Market by Value (2011-2015)
Global ADAS Market Forecast by Value (2016-2020)
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The global ADAS market reached US$.. billion in 2015, increasing from US$.. billion in the previous fiscal year. The market grew at a CAGR of ..% for the period spanning 2011-2015.
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The global ADAS market is estimated to reach US$.. billion by 2020, increasing from US$.. billion in 2016. The market is estimated to grow at a CAGR of ..% for the period spanning 2016-2020.
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The global ADAS market shipment volume is estimated to grow at a CAGR of ..% for the period spanning 20162020. The market is expected to reach ..million units by 2020, increasing from .. million units in 2016.
Global ADAS Market Forecast by Shipment Volume (2016-2020)
GlobalGlobal Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry Analysis & Outlook (2016-2020)
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ADAS market experienced a high growth resulting from increased technology adoption rate and stringent vehicle safety regulations. North American ADAS Market by Value (2011-2015) )
North American ADAS Market Forecast by Shipment Volume (2016-2020)
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North American ADAS market reached US$.. billion in 2015, increasing from US$.. billion in the previous fiscal year. The market grew at a CAGR of ..% for the period spanning 2011-2015.
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The North American ADAS shipments is estimated to reach ..million units by 2020 increasing from ..million units in 2016. The market is expected to grow at a CAGR of ..% for the period spanning 2016-2020.
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The European market will reach US$.. billion by 2020, increasing from US$.. billion in 2016. The market is estimated to grow at a CAGR of ..% for the period spanning 2016-2020.
European ADAS Market Forecast by Value (2016-2020)
GlobalGlobal Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry Analysis & Outlook (2016-2020)
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GlobalGlobal Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry Analysis & Outlook (2016-2020)
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