Advanced Driver Assistance System Market Overview and Product Scope over 2019 - 2025

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Advanced Driver Assistance System Market is
expected to show significant growth by 2025
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Industry Overview

• Europe Advanced Driver Assistance System Market
  account for a significant share over the
  projected timeframe owing to the supporting
  government initiatives including EuroNCAP,
  promoting the mandatory fitment of active safety
  features in automobiles. Moreover, the fitment of
  multiple ADAS systems in vehicles including
  drowsiness and attention detection, lane keeping
  assist, emergency stop signal, reversing camera,
  and detection system, among others by 2021 will
  further support industry expansion over the
  forecast timeframe.
• The PCV segment is expected to showcase
  substantial growth with increasing installation
  of driver assistance systems to reduce
  fatalities. Surging disposable income is
  significantly contributing towards proliferating
  sales of premium and luxury vehicles equipped
  with electronic safety systems. Moreover, the
  growing demand for compact cars featuring
  standard ADAS technologies will further boost
  industry penetration over the projected
  timeframe.
• The image sensors segment will augment the
  industry size owing to the development of
  computer vision analysis systems with effective
  object identification technologies. Increasing
  application of image sensors including auto high
  beam, night vision, blind spot detection, lane
  departure warning systems and surround view
  systems will support the industry size.

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• Autonomous park assist segment will witness
  potential growth prospects owing to their lower
  cost and easier installation. Enhanced capability
  to detect objects in the vicinity of vehicles, is
  further easing the car parking process. Moreover,
  the availability of a wide range of alternatives
  both at the OEM and aftermarket levels across
  different price range will further support
  industry proliferation over the study timeframe.
• The growing vehicle demand owing to the higher
  per capita income and rising economic conditions
  is augmenting vehicle production globally.
  Increasing demand for luxury vehicles with
  standard fitment of ADAS technologies is
  strengthening the advanced driver assistance
  system market share.

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Continue

• Europe advanced driver assistance system market
  will account for a significant share over the
  projected timeframe owing to the supporting
  government initiatives including EuroNCAP,
  promoting the mandatory fitment of active safety
  features in automobiles. Moreover, the fitment of
  multiple ADAS systems in vehicles including
  drowsiness and attention detection, lane keeping
  assist, emergency stop signal, reversing camera,
  and detection system, among others by 2021 will
  further support industry expansion over the
  forecast timeframe.
• The advanced driver assistance system market
  share is highly competitive owing to the presence
  of key players including Bosch Group, Texas
  Instruments, Autoliv AB, Continental AG, and ZF
  TRW. The other players include Aisin Seiki Co.
  Ltd., Delphi Technologies, Denso Corporation,
  Joyson, and Harman International. Improvements in
  product design, configuration, and after-sales
  services are the major concerning areas for
  industry players.

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