Advanced Driver Assistance Systems Market Found to Drastically Reduce Collisions & Accidents Through Alerts & Aids

Advanced Driver Assistance Systems Market Revenue, Propelled by Conducive Govt Regulations & Asia-Pacific Demand, Predicted to Rise Significantly By 2022

Hyderabad, INDIA

Hyderabad, March 08, 2017 (GLOBE NEWSWIRE) -- The report “Advanced Driver Assistance Systems (ADAS) Market: By Modules (ACC, TPMS, BSD, LDWS, FCMS, AEB); By Sensors (Image, RADAR, Laser); By Vehicle (Passenger, LCV, HCV) - With Forecast (2017 - 2022)”, published by IndustryARC, estimates that North America and Europe will continue their dominant demand till 2022.

Browse 49 Market Tables, 111 Figures spread through 188 Pages and an in-depth TOC on “Advanced Driver Assistance Systems Market 2017 – 2022

Scope & Regional Forecast of the Advanced Driver Assistance Systems Market

Safety and comfort in automobiles have been the major areas of focus for the vehicle manufacturers in the past few years. Safety in vehicles has now been categorized into Active Safety and Passive Safety. Passive safety applications such as seat belts and air bags are the default features in all the classes of vehicles; while the active safety systems are the augmented version of safety in automobiles which are mainly regarded as the semi-automatic applications. The integration of the vehicle dynamics with the automotive electronics components such as sensors, microcontrollers and software have resulted in quantum leap in the technology that focuses more on comfortable and safer driving experience.

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Advanced Driver Assistance Systems (ADAS) have been one of the remarkable breakthroughs in designing applications for advanced safety in automobiles. ADAS is an array of systems and subsystems that incorporates electronic components such as sensors, microcontrollers and software under one roof. The sensors installed in the driver assistance systems are linked with the Electronic Stability Control (ESC) in cars that provide beep signals and direct drivers away from arduous situations that can possibly lead to fatal accidents.

The market for ADAS has witnessed substantial growth in the recent years as higher percentage of safety content in vehicles provide differentiation to the cars irrespective of their higher costs. Government legislations are also among the few factors backing this considerable rise in the ADAS market. The growth clearly implies that the consumers in North America and European regions are more concerned about the safety and solace in vehicles, irrespective of the cost of adapting these applications.

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Segmentations & Key Players Involved in the Advanced Driver Assistance Systems Market

The Advanced Driver Assistance Systems Market can be broken down into various segmentations on the basis of -

  • Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV) and Heavy Commercial Vehicle (HCV).
  • Sensors Installed: Image sensors, Radar sensors, Laser sensors, Ultrasonic sensors and Infrared sensors.
  • End-User Application Modules: Adaptive Cruise Control System, Tire Pressure Monitoring Systems, Blind Spot Detection System, Lane Departure/Change Warning System (LDWS), Forward Collision Mitigation System (FCMS), Emergency Braking System, Autonomous Emergency Braking (AEB) and Others.
  • Geographical Location: Americas, Europe, Asia-Pacific and East Asia.

Some of the key players involved in the Advanced Driver Assistance Systems Market are as follows:

  • Takata Corporation
  • IPG Automotive
  • Autotalks
  • Acura
  • Mazda Motor Corporation
  • Volkswagen
  • Gentex Corporation
  • Mobileye N.V
  • Continental AG
  • University of Michigan Transport

Why buy this report?

  • Get a detailed picture of the Advanced Driver Assistance Systems Market.
  • Pinpoint growth sectors and identify factors driving change.
  • Understand the competitive environment, the market’s major players and leading brands.
  • A five-year forecast method is used in order to assess how the market is predicted to develop.

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