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(Transportation-News.com, December 27, 2018 )
Stratview Research has published a new research report on Automotive Advanced Driver Assistance Systems Market. This extensive report by Stratview Research analyses the growth Automotive Advanced Driver Assistance Systems Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022 under the following segments -
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)
• By Technology Type (Adaptive Front Light, Blind Spot Detection, Electronic Brake Assist, Drowsiness-Monitoring System, Lane Departure Warning, Head-up Display, Night Vision System, Park Assist, E-Call Telematics, Tire Pressure-Monitoring System, Others)
• By Sensor Type (Radar, Image, LIDAR, Infrared, Ultrasonic)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/131/automotive-advanced-driver-assistance-systems-mark.html
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Growth of advanced driver assistance systems in the automotive industry
The automotive advanced driver assistance systems market is projected to experience an excellent double digit CAGR of 10.2% over the next five years to reach US$ 28.2 billion in 2022, driven by rising consumers’ preferences for safety features, advancement in technology, introduction of more stringent norms, and organic growth in the global automobile production. Additionally, increasing demand for premium and luxury cars is also propelling the growth of advanced driver assistance systems in the automotive industry. Some companies have started to deploy these systems from in mid-range cars as well to fulfill consumers’ safety preferences.
Passenger car is expected to remain the largest vehicle type
The global automotive ADAS market is segmented based on the following vehicle types: Passenger Cars, Light Commercial Vehicles, and Medium & Heavy-Duty Commercial Vehicles. Passenger car is expected to remain the largest vehicle type in the automotive ADAS market over the next five years, driven by increasing penetration of ADAS in the segment. The vehicle type is experiencing an expansion in usage of ADAS from luxury cars to mid-range cars.
Top market players
Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are some of the major players in the global automotive ADAS market. Other players include Audi AG, BMW AG, Ford Motors Co., and General Motors. Long-term contracts and advancement in technologies are the key strategies adopted by major OEM players to gain competitive edge in the market throughout the globe.
About Stratview Research
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Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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