ADAS Camera Market - Forecast (2021-2026)

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ADAS Camera MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Surging demand for Advanced Driver Assistance
  Systems (ADAS) is primarily driven by stringent
  regulation norms introduced in various countries
  and intent to safeguard individuals and to reduce
  the number of road fatalities.
• ADAS allow a vehicle to monitor near and far
  fields in every direction and of evolving and
  improving sensor fusion algorithms that ensure
  vehicle, driver, passenger's, and pedestrian-
  safety based on factors such as traffic, weather
  and other conditions.
• Rise in demand for modern automobiles equipped
  with ADAS and increase in awareness towards
  safety systems is growing the demand for ADAS
  camera market. 

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• Key Takeaways
• ADAS camera market was valued at a revenue of
  XXm in 2016 and is estimated to reach XXm in
  2023 with an anticipated growth at a CAGR of XX
  during 2017-2023.
• The increasing awareness regarding driver,
  passenger, and pedestrian safety has augmented
  the integration of ADAS particularly in passenger
  vehicle across the globe. Moreover, government
  authorities have mandated the use of certain ADAS
  technologies, such as tire pressure-monitoring
  systems, in North America and Europe. Asian
  countries, such as Japan, China, and India, are
  also planning to introduce regulations mandating
  the use of specific ADAS technologies. These
  factors are likely to proliferate growth of ADAS
  market in future.

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By Distribution Channel- Segment
Analysis Geographically, North America dominated
the ADAS camera market driven by rise in demand
of ADAS in modern automobiles, growing influence
of New Car Assessment Program in this region.
North America was followed by Europe and
Asia-Pacific as second and third largest markets
for ADAS camera market. Asia-Pacific is projected
to have the fastest growth, owing to rapidly
increasing automotive purchase, rise in
disposable income and increase in safety concerns
amongst population in developing countries like
China and India in the region.
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• ADAS Camera Market Industry Outlook 
• Robert Bosch GmbH (Germany),
• Sony Corporation (Japan),
• Continental AG (Germany),
• Delphi Automotive LLP (U.K.),
• Valeo (France)

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ADAS Camera Market - Forecast(2021 -
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