Advanced Driver Assistance System Market - Radar Sensors Growing Applications

Posted by RASHMI on May 15th, 2019

Advanced driver assistance system market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast and 2016 is the base year. Data for 2015 has been included as historical information. The ADAS report covers all the major types and technologies playing significant role in the advanced driver assistance system market’s growth over the forecast period.

It also included various drivers, restraints, and opportunities expected which would affect market’s growth during the mentioned period. The study provides an entire perspective on the market’s growth in terms of revenue in US$ Bn, across different geographical regions such as Asia Pacific, North America, Middle East & Africa, Europe, and Latin America.

Advanced driver assistance system is segmented on the basis of type, technology and by region. By type, advanced driver assistance system is categorized into adaptive cruise control, adaptive head lamp, automatic/intelligent emergency braking, blind spot detection system, cross traffic alert, drowsiness monitor system, lane departure warning system, night vision, park assist, surround view camera system, time pressure monitoring system and others.

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With increasing automobile buyer power, car buyers have become more interested in ADAS applications that promote comfort and economy such as parking assist, lane departure warning system amongst others. Owing to this reason, the demand for parking system and lane departure warning system are expected to gain adequate momentum. These make a great addition to the safety of the drivers, passengers, and the other vehicles on the road. Thus, increasing importance of safety amongst car buyers is likely to boost the demand for various technologies in the global advanced driver assistance system market.