Title: Advanced Driver Assistance Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Advanced Driver Assistance Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Advanced Driver Assistance Market is estimated to
witness 80.1 billion by 2026 with 23.2 CAGR
during the forecast period 2021-2026. - The advanced driver assistance systems are
intended to assist the driver by providing
efficiency, comfort, and safety while driving, as
well as to improve the safety and security of the
passenger, driver, and pedestrian. Moreover
rising government involvement of various regions
for promoting this Advanced Driver Assistance
through investing high amount on such advanced
technologies such as LiDAR sensor, head up
displays, Automatic emergency braking and
mandating various Advanced Driver Assistance
systems in all vehicles is estimated to boost the
market demand.
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Key Takeaways
- Increasing awareness of vehicle safety and rise
in concern for road accidents are major factors
driving the market demand. - Stringent government regulations and support to
meet the safety standards set by organisations
such as the Insurance Institute of Highway Safety
are projected to propel market growth.
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By Distribution Channel- Segment Analysis Parking
assistance system is majorly accepted in the
market with a share of 15.9 owing to the
advanced automated parking assistance. This
system allows the user to find it parking place
and park the vehicle automatically, thus due to
such advanced system it is estimated to drive the
Advanced Driver Assistance market size.
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- Advanced Driver Assistance Market Industry
Outlook - Continental AG,
- ZF Friedrichshafen,
- Veoneer, Denso,
- Magna International Inc.,
- Infineon Technologies AG,
- Robert Bosch GmbH,
- Renesas Electronics Corporation,
- Texas Instruments
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Advanced Driver Assistance Market - Forecast
(2021 2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Advanced-Driv
er-Assistance-Market-Research-510773
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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