Automotive advanced Driver Assistance System Market 2022 – Global Industry Size, Trends, Share And Growth Forecast to 2029 report provides comprehensive information on current scenario which includes historical and projected Automotive Advanced Driver Assistance System Market insights. Automotive Advanced Driver Assistance System Market is expected to expand at the highest growth rate by 2029.
The government has imposed various laws and regulations to curb road accidents and enhance the safety of vehicles. The continuous rise in the number of vehicles on the road is leading to an increasing number of traffic congestions and accidents. Most of the accidents are caused by a driver’s negligence and errors. Every year around 1.3 million people lose their lives in road accidents across the world. The governments of various regions are spending massively on the adoption of advanced technologies, developing safety features, and supporting the use of automated vehicles. Moreover, automotive manufacturers are required to fulfill the norms and obtain safety ratings set by various organizations such as the International Centre for Automotive Technology (ICAT), Insurance Institute of Highway Safety (IIHS), and New Car Assessment Program (NCAP) to access the authorization of vehicles.
Driver’s negligence and errors cause most accidents. According to the National Motor Vehicle Crash Causation Survey (NMVCCS), more than 90% of car crashes in the U.S. are caused by driver error. ADAS helps reduce traffic congestion and road accidents and enhances the safety and security of vehicles, occupants, and pedestrians. Furthermore, the governments of various regions are spending a lot on adopting advanced technologies, developing safety features, and supporting automated vehicles across the globe. Also, the governments have made it mandatory for automotive manufacturers to integrate different advanced driver assistance systems into all cars.
Major Automotive Advanced Driver Assistance System Market Manufacturers covered in the market report include:
- Continental AG
- Harman International
- Robert Bosch GmbH
- Aptiv PLC
- AVL GmbH
- Gentex Corporation
- Hyundai Mobis
- NXP Semiconductor
- Mobileye N.V
- Autoliv Inc.
- Panasonic Corporation
- Magna International Inc.
- Aisin Seiki Co. Ltd
- Jayson Electronics
- DENSO Corporation
- Renesas Electronics Corporation
- Valeo SA
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Global Automotive Advanced Driver Assistance System Market Highlights:
The market size of Advanced Driver Assistance Systems (ADAS) was valued at $16.28 billion in 2018 and is projected to reach $28.63 billion by 2026, with a CAGR of 7.4% during the forecast period.
The Global Automotive Advanced Driver Assistance System Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Furthermore, Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
The report for Global Automotive Advanced Driver Assistance System Market of Fortune Business Insights covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. Furthermore, report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Automotive Advanced Driver Assistance System Market Regional Analysis:
This study provides an overview of the Global Automotive Advanced Driver Assistance System Market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive Advanced Driver Assistance System Market by its Type, Applications, End User and Region.
Automotive Advanced Driver Assistance System Market Industry Competitive Analysis:
The Automotive Advanced Driver Assistance System Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
The rising need for safety measures in vehicles and a highly efficient driving experience, automotive manufacturers and OEMs are investing heavily in developing ADAS and automated vehicles. Also, they are preparing themselves for level-3 and beyond autonomous driving technology, owing to the growing trend for driverless or automated cars worldwide.
Key questions answered in the report:
- What will the market growth rate of Automotive Advanced Driver Assistance System Market in 2029?
- What are the key factors driving the global Market?
- Who are the key manufacturers in space?
- What are the market opportunities, market risk and market overview of the Global Market?
- What are sales, revenue, and price analysis of top manufacturers of Global Market?
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Automotive Advanced Driver Assistance System Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Automotive Advanced Driver Assistance System Market.
Table Of Content:
1 Market Overview
1.1 Automotive Advanced Driver Assistance System Market Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
220.127.116.11 United States Market States and Outlook (2022-2029)
18.104.22.168 Canada Market States and Outlook (2022-2029)
22.214.171.124 Mexico Market States and Outlook (2022-2029)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
126.96.36.199 Germany Market States and Outlook (2022-2029)
188.8.131.52 France Market States and Outlook (2022-2029)
184.108.40.206 UK Market States and Outlook (2022-2029)
220.127.116.11 Russia Market States and Outlook (2022-2029)
18.104.22.168 Italy Market States and Outlook (2022-2029)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
22.214.171.124 China Market States and Outlook (2022-2029)
126.96.36.199 Japan Market States and Outlook (2022-2029)
188.8.131.52 Korea Market States and Outlook (2022-2029)
184.108.40.206 India Market States and Outlook (2022-2029)
220.127.116.11 Southeast Asia Market States and Outlook (2022-2029)
1.4.4 South America, Middle East and Africa
18.104.22.168 Brazil Market States and Outlook (2022-2029)
22.214.171.124 Egypt Market States and Outlook (2022-2029)
126.96.36.199 Saudi Arabia Market States and Outlook (2022-2029)
188.8.131.52 South Africa Market States and Outlook (2022-2029)
184.108.40.206 Turkey Market States and Outlook (2022-2029)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
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