Advanced DriverAssistance Systems Market
Advanced Driver-Assistance Systems Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Advanced
Driver-Assistance Systems Market Size and Growth
The Advanced Driver-Assistance Systems (ADAS) market is experiencing robust growth, driven by rising safety regulations and consumer demand for enhanced vehicle automation. In 2023, the market size is valued at approximately $30 billion, with projections suggesting a compound annual growth rate (CAGR) of over 10% through the next five years.
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Companies Covered
(Covid 19 Impact Covered)
◍ Continental Ag
◍ Delphi Automotive PLC
◍ Robert Bosch Gmbh
◍ Aisin Seiki Co. Ltd.
◍ Autoliv Inc
◍ Denso Corporation
◍ Valeo
◍ Magna International
◍ Trw Automotive Holdings Corp.
◍ Hella Kgaa Hueck & Co.
◍ Ficosa International S.A.
◍ Mobileye NV
◍ Mando Corp.
◍ Texas Instruments Inc.
◍ Tass International
The Advanced Driver-Assistance Systems (ADAS) market features key players like Continental AG, Delphi Automotive, and Bosch. These companies innovate technologies like adaptive cruise control and collision avoidance, driving market growth. Notable sales revenues include:
- Continental AG: €44.5 billion
- Bosch: €78.5 billion
- Denso Corporation: ¥5 trillion. Request Sample Report
Market Segmentation
By Application
Passenger Car
Light Commercial Vehicle (LCV) ◍ Heavy Commercial Vehicle (HCV)
By Product
◍ Adaptive Cruise Control (ACC)
Lane Departure Warning (LDW) System
Park Assist
Blind Spot Detection
Others
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Market Growth
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$ X Billion USD
