Advanced Driver Assistance System Market size valued at USD 35 billion in 2019 and is estimated to grow at around 10% CAGR from 2019 to 2025. The global industry shipments will reach 35 million units by 2025.
As the demand for a safer driving environment increases, the demand for assistive driving systems from customers increases, which is driving the growth of the ADAS market. Advanced driver assistance systems offer a number of benefits, including reduced loss of property and life, and reduced accident rates. ADAS consists of safety features designed to improve the safety of pedestrians and passengers by minimizing car accidents and severity. Advanced driver assistance systems warn drivers of potential hazards and help drivers stay in control to prevent accidents and, if possible, reduce their severity.
A full report of Advanced Driver Assistance Systems (ADAS) Market is available at: https://www.orionmarketreports.com/advanced-driver-assistance-systems-market/30763/
Advanced Driver Assistance Systems (ADAS) Market Segments:
By System Type
• Tire Pressure Monitoring System (TPMS)
• Drowsiness Monitor System
• Intelligent Parking Assist System (IPAS)
• Adaptive Cruise Control System
• Blind Spot Object Detection System
• Lane Departure Warning System
• Adaptive Front-lighting System
• Others
By Sensor Type
• Image Sensor
• Lidar Sensor
• Ultrasonic Sensor
• Infrared (IR) Sensor
• Radar Sensor
• Laser
By Vehicle Type
• Passenger Car
• Light Commercial Vehicle
• Buses
• Trucks
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Advanced Driver Assistance Systems (ADAS) Market Report
• What was the Advanced Driver Assistance Systems (ADAS) Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Advanced Driver Assistance Systems (ADAS) Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Advanced Driver Assistance Systems (ADAS) Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
