Advanced Driver Assistance Systems Market 2021-2026: Size, Share, Trends, Demand, and Forecast

According to the latest report by IMARC Group, titled “Advanced Driver Assistance Systems Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026”, the global advanced driver assistance systems market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global advanced driver assistance systems market to grow at a CAGR of around 13% during the forecast period (2021-2026). Advanced driver assistance system (ADAS) is designed to help automate and improve the vehicles for a better and safer driving experience. It is equipped with cameras, sensors, radars and related software. In recent years, ADAS has gained traction as it enhances the security of the occupants, vehicles and pedestrians.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Sample Report: https://www.imarcgroup.com/advanced-driver-assistance-systems-market/requestsample

Market Trends:

Over the years, there has been a significant rise in the number of vehicles on roads, causing traffic congestions and increasing instances of road accidents worldwide. This has led to an escalated demand for ADAS systems to provide safety, efficiency and comfort to the driver. The rapid growth of the automotive industry is also contributing to the market growth. Besides this, regulatory authorities of several countries, such as the National Highway Traffic Safety Administration (NHTSA) in the United States, are imposing stringent regulations to promote the use of automated vehicles and ADAS systems to reduce road fatalities. These initiatives have prompted individuals to opt for improved safety and security features in vehicles, thereby bolstering the market growth.

Explore Full Report with TOC

& List of Figure: https://www.imarcgroup.com/advanced-driver-assistance-systems-market

Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Competitive Landscape with key players:

· Autoliv Inc.

· Continental AG

· Denso Corporation

· Hyundai Mobis Co. Ltd (Hyundai Motor Group)

· Magna International Inc.

· Mobileye (Intel Corporation)

· Robert Bosch GmbH

· Texas Instruments Incorporated

· Valeo

· ZF Friedrichshafen AG

Breakup by Solution Type:

· Adaptive Cruise Control

· Blind Spot Detection System

· Park Assistance

· Lane Departure Warning System

· Tire Pressure Monitoring System

· Autonomous Emergency Braking

· Adaptive Front Lights

· Others

Breakup by Component Type:

· Processor

· Sensors

o Radar

o Ultrasonic

o LiDAR

o Others

· Software

· Others

Breakup by Vehicle Type:

· Passenger Cars

· Commercial Vehicles

Breakup by Region:

· North America (United States, Canada)

· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

· Europe (Germany, France, United Kingdom, Italy, Spain, Others)

· Latin America (Brazil, Mexico, Others)

· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

· Market Performance (2015-2020)

· Market Outlook (2021-2026)

· COVID-19 Impact on the Market

· Porter’s Five Forces Analysis

· Historical, Current and Future Market Trends

· Market Drivers and Success Factors

· SWOT Analysis

· Structure of the Market

· Value Chain Analysis

· Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800