Advanced Driver Assistance Systems (ADAS) Market - Forecast(2022 - 2027)

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Advanced Driver Assistance Systems
MarketMarket size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
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• The ADAS Market is forecast to reach 91.8
  billion by 2025, by growing at a CAGR of 20.9
  during the forecast period 2019-2025. The market
  is mainly driven by the technological
  advancements in the sensor technology.
• For instance, improved technology in radar and
  lidar sensor has increased the accuracy in
  measuring distance between the vehicle and the
  object.
• Due to these advancement in sensor technology,
  ADAS device are now able to perform more complex
  operation such as adaptive cruise control, blind
  spot monitor, collision avoidance system, lane
  departure warning systems, and driver monitoring
  system.

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• Key Takeaways
• The advancement in sensor technology has
  increased the capability of ADAS system which is
  anticipated to drive the market during the
  forecast period 2019-2025.
• The market is consolidated with top players
  holding approximately 60 of the market share.
  The market is witnessing partnership between
  automotive manufacturers, ADAS technology
  providers, and sensor manufacturers to optimize
  the supply chain.
• APAC contributes the majority of the market share
  owing to growing production of passenger vehicle.
  Similarly, the government initiatives in India to
  mandate ADAS system in vehicle is likely to
  accelerate the demand for the product in this
  region.

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• ADAS Market Segment Analysis - By Application
• Driver monitoring system is the fastest growing
  segment in ADAS Market in 2018.
• Driver monitoring system uses various types of
  sensors to identify the state and behavior
  changes of the driver.
• At times, when drowsiness, fatigue, distraction
  and other disturbing patterns are sensed by the
  system it sends an alert message to the driver to
  take a break.
• Similarly, automotive companies are planning to
  combine the vestibular-ocular reflex (VOR), a
  drowsiness detection system, with the prediction
  system in the vehicles.

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• Advanced Driver Assistance Systems Market
  Industry Outlook 
• Denso Corporation
• Omron Corporation
• Continental AG
• TRW Automotive Holdings Corp
• Magna International Inc
• Mobileye
• Gentex Corporation
• Hyundai Mobis
• VOXX International Corporation

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Advanced Driver Assistance Systems Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/20/
advanced-driver-assistance-systems-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
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Reddy Contact (1) 970-236-3677 Email
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