Title: Adas market size, forecast, share, growth 2025
1MarketsandMarkets Presents
ADAS Market Size, Forecast, Share, Growth 2025
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river-assistance-systems-market-1201.html
2The ADAS Market (Advanced Driver Assistance
System Market) is estimated to be USD 20.19
billion in 2017 and is projected to reach USD
91.83 billion by 2025, at a CAGR of 20.96 from
2018 to 2025. Increasing demand for safe,
efficient, and convenient driving, rising
disposable income in emerging economies, and
growing stringency of safety regulations across
the globe are playing a key role in making ADAS
popular. Get The PDF Brochure For This Report
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asp?id1201 Browse 108 market data Tables and
48 Figures spread through 175 Pages and in-depth
TOC on "ADAS Market
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river-assistance-systems-market-1201.html
3- Market Dynamics
- Drivers
- Government regulations pertaining to vehicle
safety - Rise in the demand for safer, more efficient, and
convenient driving experience - Increasing demand for luxury cars
- Restraints
- Non availability of required infrastructure in
developing countries - Opportunities
- Advent of autonomous vehicles
- Rising demand for electric vehicles
- Challenges
- Complex expensive features
- Security threats
- Mutual interference between LiDAR scanners
- Environment constraints pose a challenge for ADAS
- Maintaining the balance between cost quality
4- Request Sample of the report
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.asp?id1201 - The ADAS market has been segmented by vehicle
type into passenger cars, light commercial
vehicles, buses, and trucks. Passenger car is
estimated to be the fastest growing segment of
the ADAS Market, by vehicle type. The number of
passenger cars is growing at a significant rate
in the emerging economies of the Asia Pacific
region. The increasing demand for passenger cars
can be attributed to the rise in GDP and
population of developing countries, improved
lifestyle, increased purchasing power of
consumers, and development of infrastructure.
ADAS is provided as a standard feature in
passenger cars in several countries to prevent
fatalities due to accidents. For instance, the
European government mandated the installment of
LDWSs and AEBSs in trucks and buses in 2015. - Critical Questions
- Where will all these developments take the
industry in the mid to long term? - Will the industry cope with the challenge of the
high cost of the ADAS sensor market? - What are the upcoming industry applications for
ADAS sensors? - Dont miss out on business opportunities in ADAS
Market. Speak to our analyst and gain crucial
industry insights that will help your business
grow.
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