The
global Advanced Driver Assistance Systems Market size was valued at +$39,638.4
million in 2018 and is projected to reach +$189,142.9 million by 2026,
registering a CAGR of +21.4% from 2019 to 2026.
Factors
such as high demand for safety features and increased requirement for comfort
while driving foster the ADAS market growth. In addition, stringent safety
rules and regulations are anticipated to propel the growth of the market.
However, high initial cost and complex structure and lower efficiency in bad
weather conditions hinder the ADAS market size.
Furthermore,
technological Advancements in Advanced driver assistance system and production
of multifunctional system is anticipated to provide a remarkable growth
opportunity for the ADAS Market Leaders. All the factors mentioned above have
significant impact on the global market during the forecast period.
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The Research Insights added a compelling study and analysis
of the global Automotive Driver Assistance Systems Market
to the large gamut of its existing studies. This intelligence report includes
investigations based on current scenarios, historical records, and future
predictions. An accurate data of various aspects such as type, size,
application, and end user has been closely dissected in this study. It presents
a holistic overview of the competitive landscape of the industries. Thus,
aiming to help companies identify threats and challenges that businesses may be
susceptible.
Top Key Player Profiled
in this Report:-
Bendix CVS, Delphi Automotive LLP, Denso, Ficosa
International, S.A., Freescale Semiconductor, Navteq, Valeo SA, Visteon
Corporation, CTS Corporation, Gentex, Harman and Magna International Inc.
On the basis of the competitive scenario, the report
geographically has been divided into regions such as North America, Europe,
Asia Pacific, Middle East, and Latin America. North America has presently
demonstrated to be the fastest growing regional Automotive
Driver Assistance Systems Market. In the later section of the report,
the comprehensive study of the manufacturing cost structure and its evaluation
has been conducted.
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The major
highlights of the global Automotive Driver Assistance Systems Market research
report:-
It offers a collection of prime information of
the global market
Business profiles of leading key players,
traders, and investor
Economic analysis of the global Automotive
Driver Assistance Systems Market
Government regulations and political stability
around the market.
Detailed analysis of client preferences and
industry awareness
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