Advanced Driver Assistance Systems (ADAS) Market Size and Growth Rate: Size of the globally advanced driver assistance system (ADAS) market was at USD 24,890 million in 2016 and is projected to grow at a CAGR of 20.02% from 2017 to 2025 to reach USD 142,049 million by 2025. Browse details of 150 number of pages research report developed on Advanced Driver Assistance System Market @ https://www.researchcosmos.com/reports/advanced-driver-assistance-systemsadas-market/92976301 Advanced Driver Assistance Systems (ADAS) Market Growth Drivers and Restraints: The global advanced driver assistance systems market is mainly driven by the increasing production of passenger vehicles around the world, along with the rising preference for safety among consumers in their vehicles. This system supports the driver in various tasks like blind spot detection, lane warning, parking, and so on. The rising number of accidents around the world has been contributing majorly to this assistance system market. The advances in the technology has made it simple for the implementation of such features in vehicles, which is anticipated to grow more drastically in the coming years. Improved focus on customer owing to the need for comfort, safety, and growth in management organizations that guarantee security assistance promotes the global business. Nevertheless, circumstances such as inflation, pricing pressure, and complexity & difficulty in testing systems hinder the majority of this industry. Enhancements in the technology, and focus on implementing this system in cars with affordable prices, offer huge potential for growth in future. Geographical Analysis of Advanced Driver Assistance Systems (ADAS) Market: Based on the geography, the global advanced assistance systems market is divided into Europe, Asia Pacific, North America, Middle East and Africa (MEA) and Latin America. The Asia Pacific region is projected to grow rapidly in the world market and dominate it over the forecast period till 2025. The increasing production of automobiles in nations like China, India, Japan, etc., and the rise in disposable income of the population to purchase premium cars, have been the determining factors for the growth of the Asia Pacific market.
North America and Europe are the other promising regions for the advanced driver assistance systems market, attributing to the mounting sales of passenger vehicles, early adoption of technology, and increasing investments by manufacturers in improving the research and development activities. Ask For Free Sample of the report @ https://www.researchcosmos.com/request/advanced-driverassistance-systems-adas-market/92976301 Key Players of Advanced Driver Assistance Systems (ADAS) Market: Some of the prominent players in the global advance driver assistance system market are Audi AG, BMW AG, AISIN SEIKI Co.,Ltd, Autoliv Inc., Delphi Automotive PLC, Continental AG, Denso Corporation, Ford Motor Company, General Motors Company, Honda Motor Company, Mahindra and Mahindra Ltd, Hyundai Motor Company, MOBILE, Marti Suzuki India Limited, Panasonic Corporation, Robert Bosch GmbH, TATA ELXSI, and among others. Advanced Driver Assistance Systems (ADAS) Market Segmentation: By Components: •
System Type
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Sensor Type
By Vehicle: •
Passenger Cars
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Light Commercial Vehicles
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Buses and Trucks
By Type: •
Night Vision System
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Blind Spot Detection
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Advanced Automatic Emergency Braking System
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Lane Departure Warning
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Parking Assist System
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Adaptive Front-lighting
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Adaptive Cruise Control
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Traffic Sign Recognition
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Collision Warning
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Driver Drowsiness Alert
By Region: •
North America
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South America
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Europe
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Asia Pacific
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Middle East and Africa
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