Advanced Driver Assistance System (ADAS) Market to Grow at a Remarkable Pace in the Coming Years

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ADAS Market worth 91.83 billion USD by 2025
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ADAS Market by System (ACC, AFL, DMS, NVS, IPA,
PDS, TJA, FCW, CTA, RSR, LDWS, AEB, BSD),
Component (Radar, LiDAR, Ultrasonic, and Camera
Unit), Vehicle (PC, LCV, Buses, Trucks),
Offering (Hardware, Software), EV, and Region -
Global Forecast to 2025 The advanced driver
assistance system (ADAS) market is estimated to
be USD 24.24 billion in 2018 and is projected to
reach USD 91.83 billion by 2025, at a CAGR of
20.96. The market is principally driven by the
increasing demand for a safe, efficient, and
convenient driving experience. The increasing
demand for autonomous vehicles has also fuelled
the ADAS market. PDF Brochure
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Radar sensor is the fastest growing segment of
ADAS market, by component The increased traffic
congestion, roadways infrastructure, and
government regulations for vehicle safety will
drive the growth of various radar-based ADAS
applications. The rising trend of autonomous and
semi-autonomous vehicles in the automobile
industry is projected to be another major driver
for the global automotive radar
market. Request for Customization
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Hybrid Electric Vehicle (HEV) to acquire the
largest share of ADAS market, by electric vehicle
type HEV is estimated to hold the largest share
of the ADAS market, by electric vehicle.
Stringent emission norms, environment safety,
vehicle electrification, and government
regulations are expected to boost the market for
ADAS in HEV segment. Governments around the globe
are promoting the sale of electric vehicles by
offering incentives to customers and subsidies to
electric vehicle OEMs. Government incentives are
expected to drive the ADAS market for electric
vehicles. Request Sample _at_ https//www.marketsan
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Asia Pacific The largest market for the ADAS
market The Asia Pacific region is estimated to
hold the largest share, by value, of the ADAS
market in 2018. The demand for ADAS in this
region is triggered by the increasing vehicle
production in China and India and the increasing
number of luxury vehicles in China and Japan.
This region is also the leading producer of
automobiles in the world. The report analyzes
all major tier I suppliers in the ADAS market.
Robert Bosch (Germany), Continental (Germany), ZF
Friedrichshafen (Germany), Intel (US), and Aptiv
(UK) are some of the leading suppliers in the
ADAS market. Speak to analyst _at_
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Market Ecosystem The ecosystem of the ADAS
market consists of tier I suppliers such as
Robert Bosch (Germany), Continental (Germany),
Denso (Japan), Intel (US), and Aptiv (UK).
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Browse gtgt 108 market data
tables 48 figures
175 pages and in-depth TOC on ADAS
Market worth 91.83 billion USD by 2025 Early
buyers will receive 10 customization on this
report. This is a Premium Report Priced at US
5650 for single user. Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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