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(I-AutoNewsWire.com, December 19, 2018 )
Stratview Research announces the launch of a new research report on Automotive Advanced Driver Assistance Systems Market. This extensive report from Stratview Research, studies Automotive Advanced Driver Assistance Systems Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Advanced Driver Assistance Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)- Passenger car is expected to remain the largest vehicle type.
• By Technology Type (Adaptive Front Light, Blind Spot Detection, Electronic Brake Assist, Drowsiness-Monitoring System, Lane Departure Warning, Head-up Display, Night Vision System, Park Assist, E-Call Telematics, Tire Pressure-Monitoring System, Others)- Tire monitoring system will be most dominant technology type.
• By Sensor Type (Radar, Image, LIDAR, Infrared, Ultrasonic)- Radar is expected to remain the most dominant sensor type.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- North America is estimated to remain the leading global automotive ADAS market.
Go through the detailed TOC:https://www.stratviewresearch.com/toc/131/automotive-advanced-driver-assistance-systems-mark.html
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Automotive Advanced Driver Assistance Market Insights
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.
Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are some of the major players in the global automotive ADAS market. Other players include Audi AG, BMW AG, Ford Motors Co., and General Motors. Long-term contracts and advancement in technologies are the key strategies adopted by major OEM players to gain competitive edge in the market throughout the globe.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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