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(Transportation-News.com, December 19, 2016 ) According to Publisher, the Global Advanced Driver Assistance Systems (ADAS) Market is accounted for $22.52 billion in 2015 and is expected to reach $89.09 billion by 2022 growing at a CAGR of 21.7%. The stringent government norms related to safety is the primary factor driving the global Advanced Driver Assistance Systems (ADAS) market. Furthermore, preferences towards advanced technology & active safety features and increasing focus of consumer safety are the factors favouring the market growth. However, complexity in testing, pricing pressure and inflation are the factors restraining the market growth.
By 2014, passenger vehicle segment has the dominant share in global Advanced Driver Assistance Systems (ADAS) market and is expected to continue its dominance throughout forecast period. Europe has the largest regional market for Advanced Driver Assistance Systems (ADAS) due to its highly innovative automotive market. Asia Pacific is expected to witness highest growth on account of rapidly expanding automotive industry in emerging markets such as India and China. Rising awareness about active safety systems, increasing income & purchasing power and changing lifestyle are the additional factors favouring the market growth in APA
For more information http://www.reportsweb.com/advanced-driver-assistance-systems-adas-global-market-outlook-2015-2022
Some of the key players in the global Advanced Driver Assistance Systems (ADAS) market include Audi AG, Autoliv Inc., BMW AG, Continental AG, Denso Corporation, Fords Motor Co., General Motors (GM), Hyundai Mobis, Magna International Inc., Mobileye, Omron Corporation, Robert Bosch GmbH, Texas Instruments and Valeo.
System
Types Covered:
- Adaptive Front Lighting System
- Autonomous Emergency Braking (AEB)
- Adaptive Cruise Control System
- Blind Spot Object Detection System
- Drowsiness Monitor System
- Emergency Braking System
- Forward Collision Mitigation System (FCMS)
- Lane Departure Warning System
- Park Assist System
- Tire Pressure Monitoring System
- Other System Types
- Driver monitoring system
- Heads up display
- Night Vision System
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10 Company Profiling
10.1 Audi AG
10.2 Autoliv Inc.
10.3 BMW AG
10.4 Continental AG
10.5 Denso Corporation
10.6 Fords Motor Co.
10.7 General Motors (GM)
10.8 Hyundai Mobis
10.9 Magna International Inc.
10.10 Mobileye
10.11 Omron Corporation
10.12 Robert Bosch GmbH
10.13 Texas Instruments
10.14 Valeo
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Priya Sisodia
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Source: EmailWire.Com 
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