Advanced Driver Assistance Systems (ADAS) Market

1
Advanced Driver Assistance Systems Market is
expected to reach 95.14 million by 2023
2
Americas dominates the Advanced Driver Assistance
Systems Market during the forecast period. It is
expected to reach a revenue of 504.5 million by
2023 at a CAGR of 11.8. This is attributed to
the high volume sales in North America and
increasing purchasing power of the consumers,
especially in the US. This region has notable
ADAS manufacturers such as Autoliv, TRW, and QNX
software.
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3
Selected Regulatory Analysis Done in the Full
Report
The growth of the automotive industry in the ADAS
Market is expected to be 1971 million at a CAGR
of 16.1 by 2023. ADAS technology is mainly
deployed in the automotive industry. Companies
such as Continental, Bosch, Denso, and Delphi are
the leading manufacturers of ADAS. The systems
are offered by OEMs such as Audi, BMW, Mercedes,
and Volkswagen.
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4
Selected Driving Factors Mentioned in the Full
Report

• Automobile manufacturers are combining wireless
  and smartphone technology with automotive
  electronics that provides solutions to the
  consumer needs.
• The automobile industry is now witnessing the
  impact of in-vehicle electronics.
• There is a difference between the demand
  generated by the regulations imposed by
  government bodies and the changing preferences of
  the consumers.

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5
Key Players of the ADAS Market

• Denso Corporation
• Omron Corporation
• Continental AG
• TRW Automotive Holdings Corp
• Magna International Inc.
• Mobileye
• Gentex Corporation
• Hyundai Mobis
• 10

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6
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7
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