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(Transportation-News.com, March 06, 2019 )
As per the latest market intelligence report published by Stratview Research, the Automotive Advanced Driver Assistance Systems (ADAS) Market is anticipated to reach at US$ 28.2 billion by 2022.
The research studies Automotive Advanced Driver Assistance Systems (ADAS) Market in the trend period of 2011 to 2016 and forecasted period of 2017 to 2022 under four segments by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Duty Commercial Vehicle), by Technology Type (Adaptive Cruise Control, Adaptive Front Light, Blind Spot Detection, Emergency Brake Assist, Drowsiness-Monitoring System, Lane Departure Warning, Head-up Display, Night Vision System, Park Assist, E-Call Telematics, Tire Pressure-Monitoring System, and Others ADAS), by Sensor Type (Radar, Image, LIDAR, Infrared, and Ultrasonic), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022
The study finds –
North America is estimated to remain the leading global automotive ADAS market during the forecast period, driven by increasing demand for high safety features, mandate of some of the key ADAS system installations in the vehicles such as tire pressure monitoring system, and organic growth in automotive production.
Adaptive cruise control system is expected to remain dominant in the North America region. Asia- Pacific is estimated to be the fastest growing region for blind spot detection, emergency brake assist, head-up display, and park assist systems.
Radar is expected to remain the most dominant sensor type in the automotive ADAS market during the forecast period.
Click here to read the detailed description: https://www.stratviewresearch.com/131/automotive-advanced-driver-assistance-systems-mark.html
Go through the TOC: https://www.stratviewresearch.com/toc/131/automotive-advanced-driver-assistance-systems-mark.html
Automotive Advanced Driver Assistance Systems (ADAS) Market: Highlights
The automotive advanced driver assistance systems market is projected to experience an excellent double digit CAGR of 10.2% over the next five years to reach US$ 28.2 billion in 2022, driven by rising consumers’ preferences for safety features, advancement in technology, introduction of more stringent norms, and organic growth in the global automobile production. Additionally, increasing demand for premium and luxury cars is also propelling the growth of advanced driver assistance systems in the automotive industry. Some companies have started to deploy these systems from in mid-range cars as well to fulfill consumers’ safety preferences.
About Stratview Research
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Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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