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Advanced Driver Assistance Systems ADAS Market Future Growth Forecast To 2026

Advanced Driver Assistance Systems (ADAS) are electronic systems that help the driver of the vehicle to drive or park the vehicle. ADAS technology utilize the System on a Chip and Field Programmable Gate Arrays as well as automotive sensors that can be based upon systems that are local to the car.

KiranGaikwad
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Advanced Driver Assistance Systems ADAS Market Future Growth Forecast To 2026

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  1. Advanced Driver Assistance Systems ADAS Market with Emerging Trends, Global Scope and Demand 2020 to 2026

  2. Market Summary Market Size – USD 19.57 Billion in 2018, Market Growth - CAGR of 22.57%, Market Trends – Growing automotive industry has proliferated the rising need for safety of the vehicle as well as the passengers, thus in turn foserting the growth of the Advanced Driver Assistance Systems market. According to the current analysis of Reports and Data, the global Advanced Driver Assistance Systems (ADAS) market was valued at USD 19.57 Billion in 2018 and is projected to grow at a CAGR of 22.57% from 2019 to 2026. Further key findings from the report suggest- • Passenger car segment is forecasted to occupy the largest share of the market in 2026 on account of rising demand for vehicles from the customers. Reforms related to the scrapping of conventional powered vehicles and the switch to electric cars is the major factor attributing to the large share of the segment. The Passenger vehicle segment accounted to USD 5.13 Billion in the European region in 2018. • Rising automotive industry in countries like China, India will witness fast growing demand for ADAS over the forecasted period. • The Global Advanced Driver Assistance Systems (ADAS) market is forecast to grow at a rate of 22.57% CAGR to reach a valuation of USD 129.76 Billion in 2026. www.reportsanddata.com

  3. Key Players: Robert Bosch GmbH (Germany), Continental International (Germany), ZF Friedrichshafen (Germany), Aptiv (Ireland), Intel (US), Denso (Japan), Hyundai Mobis (South Korea), Valeo (France), Magna (Canada), Samsung (South Korea), and Hella (Germany). Segmentation: • System (Revenue, USD Million; 2016–2026), Adaptive Cruise Control, Adaptive Front Light, Automatic Emergency Braking, Blind Spot Detection, Cross Traffic Alert, Driver Monitoring System, Forward Collision Warning, Intelligent Park Assistance, Lane Departure Assistance, Night Vision System, Pedestrian Detection System, Road Sign Recognition, Traffic Jam Assist, Others • Component (Revenue, USD Million; 2016–2026), Hardware, Software • Type (Revenue, USD Million; 2016–2026), Image Sensor, LiDAR Sensor, Ultrasonic Sensor, Infrared Sensor, Radar Sensor, Laser, Capacitive Sensor, others • Vehicle (Revenue, USD Million; 2016–2026), Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV) • Propulsion (Revenue, USD Million; 2016–2026), Electric, Petrol, Diesel www.reportsanddata.com

  4. Regional Advanced Driver Assistance Systems (ADAS) Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

  5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com

  6. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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