Advanced Driver Assistance System Market – An Overview of Growth Factors 2013 – 2019

Advanced Driver Assistance MarketThe global advanced driver assistance system market was valued atUSD 14.80 billion in 2013, growing at a CAGR of 19.2% from 2014 to 2020 to account for USD 50.48 billion in 2020.

Browse the full “Advanced Driver Assistance System Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2020” Report at http://www.transparencymarketresearch.com/advanced-driver-assistance-market.html

The automotive segment is one of the attractive sectors currently, with significant expected growth in the near future. One of key factors driving the ADAS market is the increasing emphasis on safety and the adoption of safety measures. U.S., Europe and many other countries such as India, and China are mapping safety regulations mandatory for all cars. Another important factor contributing the growth of this market is the increasing demand for comfort driving by using latest technology. ADAS technologies support everyday driving tasks by improving comfort and reducing demands on the driver which helps in enhancing luxury and comfort and on the other side it is also very useful for safety purpose.

Adaptive cruise control segment was the largest segment and accounted for 18.15% of the global market in 2013. Tyre pressure monitoring system is expected to grow faster than that of other segments, growing at a CAGR of 21.1% from 2014 to 2020. Moreover, high level of economic activities and mandatory legislations across the globe is expected to spur the growth of the market in the forecast period.

Browse the full report PDF with complete TOC: Global Advanced Driver Assistance System Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2020

North America held the largest market share in 2013. This was attributed to stringent safety & environmental regulation and buying pattern of the people of North America. Consumers in this region are more inclined toward the automobiles with advanced comfort systems and features that support the health and safety regulations imposed by the government of North America. Asia Pacific is expected to be the fastest growing region, with an expected CAGR of 20.5% from 2014 to 2020. Growing vehicle demand, improving lifestyle, and changing buyer’s preferences are the major factors driving the ADAS market in Asia Pacific.

The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of advanced driver assistance system market. Major market participants profiled in this report include Continental AG, Denso Corporation, Magna International, Valeo, Robert Bosch, BMW, Audi, General Motors, Ford Motor Company among others.

Request for customization of “Advanced Driver Assistance System Market ” report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2914

This report analyzes the global “Advanced Driver Assistance System Market “in terms of revenue (USD billion). The market has been segmented as follows:

Advanced Driver Assistance System Market: By type

  • Adaptive Cruise Control (ACC)
  • Blind Spot Detection (BSD) System
  • Park Assist
  • Drowsiness Monitor System
  • Lane Departure Warning (LDWS) System
  • Tyre Pressure Monitoring System (TPMS)
  • Others (night vision, driver monitoring system, forward collision warning, heads up display)

Advanced Driver Assistance System Market: By technology

  • Ultrasonic Sensors
  • Image Sensors
  • Radar Sensors
  • Laser Sensors
  • Infrared Sensors

Browse Advanced Driver Assistance System Market Research Report Pressrelease @ http://www.transparencymarketresearch.com/pressrelease/advanced-driver-assistance-market.htm

Advanced Driver Assistance System Market: By geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Browse All Semiconductor & Electronics Market Research Reports @ http://www.transparencymarketresearch.com/semiconductor-market-reports-5.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Follow Us on Linkedin : https://www.linkedin.com/today/author/339157087

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s