Global Driver Assistance System Market Research Report by Forecast to 2027
Global Driver Assistance System Market Research Report by Forecast to 2027
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Global Driver Assistance System Market Research Report by Forecast to 2027
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Global Driver Assistance System Market Research Report by Forecast to 2027
Summary The global driver assistance system market is predicted to a have a striking growth at a stupendous 22.9% CAGR over the estimated years (2016-2027). Driver assistance or advanced driver assistance system (ADAS) is a technology used for making cars travel safer by improving, adapting or automating some or all the tasks involved to operate a car. It helps to make the travel easier and comfortable and also at the same time increase road and car safety
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Global Driver Assistance System Market Research Report by Forecast to 2027
Major Key Players: •
Delphi Automotive Plc. (UK)
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Gentex Corporation (US)
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Autoliv Inc. (Sweden)
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Continental AG (Germany)
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Hitachi Ltd (Japan)
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Magna International (Canada)
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Robert Bosch Gmbh (Germany)
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Hella Kgaa Hueck & Co. (Germany)
Segmentation: •
Based on type, it is segmented into GPS navigation system, adaptive front lighting, tire pressure monitoring system (TPMS), night vision, blind spot detection (BSD) system, drowsiness monitoring system, park assist, lane departure warning (LDW) system and adaptive cruise control (ACC). Of these, adaptive cruise control (ACC) will have the largest share in the market over the predicted years.
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Global Driver Assistance System Market Research Report by Forecast to 2027 •
Based on technology, the driver assistance system market is segmented into RADAR sensors, image sensors, ultrasonic sensors and others. Of these, the RADAR sensors will dominate the market over the predicted years owing to its increased use in autonomous and semi-autonomous vehicles and increasing trend of such vehicles.
Regional Analysis: The other factors include increase in the use of passenger cars having advanced driver assistance systems, shift in consumers’ preference to the design and exterior of a car from mileage achieved, hugely expanding manufacturing industry, increased industrialization and increase in population. In Europe, the driver assistance system market is anticipated to expand significantly due to the existence of a massive pool of luxury vehicle manufacturers here. The driver assistance system market in North America is predicted to have a noteworthy expansion over the predicted years owing to the region’s stringent vehicle and passenger safety regulations and growing need for cars that are technologically advanced.
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Global Driver Assistance System Market Research Report by Forecast to 2027
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