Advanced Driver Market share research by applications and regions for 2017-2024

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Advanced Driver Market Price, Trends, Industry
Outlook Forecast 2017-2024
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Key Insights from Advanced Driver Market

• Automotive Advance Driver Market size is
  predicted to witness high growth owing to rising
  demand for advanced safety features in automobile
  industry. The assistance system helps keep
  drivers focus on vehicles by warning,
  monitoring, braking and steering task to reduce
  the collision instances.
• The challenges present in processor, sensors,
  software algorithms and mapping are anticipated
  to hamper the industry growth over the forecast
  timeframe. Software failure sensor
  dysfunctionality instances coupled with high
  price product will further pose a threat to the
  industry participants.
• Automotive advance driver system market is
  featured with innovative components such as
  sensors, software algorithms, warning
  monitoring system, mutual combination software,
  and multi-functional sensors that make the
  product more advanced as compared to conventional
  version.

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Continued...

• Based on product, the automotive advance driver
  market can be segmented into parking assistance
  system, adaptive cruise control, anti-lock
  braking system (ABS), lane departure warning
  system (LDWS), forward collision warning system,
  real time traffic travel information system,
  electronic stability program (ESP), adaptive head
  lights, emergency call system, obstacle and
  collision warning system.
• By vehicle, the industry can be segmented into
  PCV, LCV, and HCV. Passenger cars are likely to
  dominate the industry till 2024. In 2016, more
  than 72,000 passenger vehicles were sold across
  the globe. 80 of the passenger vehicles are
  anticipated to be equipped with advance driver
  assistance system by 2020.
• Based on component, the industry can be
  categorized into camera, sensors, radar,
  semiconductor, wire, and display. Sensors are
  expected to exhibit highest revenue share over
  the forecast timeframe owing to its increasing
  usage in ADAS. Features such as capability to
  capture image and gesture recognition will
  escalate the revenue generation.

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Major Companies in Advanced Driver Market

• Aisin Seiki Co
• Wabco Holding
• Freescale Semiconductor
• Delphi automotive
• Gentex Corporation
• Infineon Technologies
• Takata Corporation
• Robert Bosch Gmbh
• Denso Corporation

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Regional Insights in Advanced Driver Market

• Europe is expected to exhibit substantial revenue
  share over the forecast timeframe owing to strong
  presence of major vehicle manufacturers across
  the region. Germany is hub of premium car
  manufacturers and innovations in vehicle
  components.
• Asia Pacific is estimated to grow significantly
  till 2024 owing to continuous rise in the
  passenger vehicle sales. In 2016, the region
  witnessed record making passenger vehicle sales.
  Countries including China and India are expected
  to showcase tremendous increase in the demand for
  these vehicles due to surging disposable income
  of middle class people, propelling the regional
  growth.

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