Global Automotive Advanced Driving Assistance System (ADAS) market cagr 6.6%

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Automotive Advanced Driving Assistance System (ADAS)

Market

Automotive Advanced Driving Assistance System (ADAS) Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Automotive Advanced Driving Assistance System (ADAS) Market Size and Growth

The Automotive Advanced Driving Assistance System (ADAS) market is witnessing significant growth, driven by increasing vehicle safety regulations and consumer demand for enhanced driving features. The market is projected to reach approximately $35 billion by 2027, with advanced technologies like lane-keeping assistance and adaptive cruise control leading consumer adoption trends.

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Companies Covered

(Covid 19 Impact Covered)

◍ Continental

◍ Delphi

◍ Bosch

◍ AISIN SEIKI

◍ AUTOLIV

◍ Denso

◍ Valeo

◍ Magna International

◍ TRW Automotive Holdings

◍ HELLA

◍ Ficosa International

◍ Mobileye NV

◍ Mando Corporation

◍ Texas Instruments

◍ Hitachi

The Automotive ADAS market features key players like Continental, Delphi, Bosch, and Mobileye, developing technologies like adaptive cruise control and lanekeeping assistance. They enhance safety and driving comfort, driving market growth. Notable revenue contributions include Bosch ($46 billion), Denso ($47 billion), and Autoliv ($9 billion), bolstering innovation and adoption.

Market Segmentation

By Application

◍ Commercial Vehicle

By Product

◍ Others ◍ Passenger Car

◍ Blind Spot Detection

◍ Driver Fatigue Detection

◍ Automatic Emergency Braking

◍ Foward Collision Warning

◍ Automatic Stopping

◍ Auto-adaptive Cruise Control

◍ Lane Departure Warning

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Market Growth

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$ X Billion USD

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Global Automotive Advanced Driving Assistance System (ADAS) market cagr 6.6% by ReportPrime - Issuu