Advanced Driver Assistance Systems Market

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Advanced Driver Assistance Systems MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2023-2028
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Advanced Driver Assistance Systems Market is
forecast to reach 91.8 billion by 2025, by
growing at a CAGR of 20.9 during the forecast
period 2019-2025. The market is mainly driven by
the technological advancements in the sensor
technology. For instance, improved technology in
radar and lidar sensor has increased the accuracy
in measuring distance between the vehicle and the
object.
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• Key Takeaways
• The advancement in sensor technology has
  increased the capability of ADAS system which is
  anticipated to drive the market during the
  forecast period 2019-2025.
• The market is consolidated with top players
  holding approximately 60 of the market share.
  The market is witnessing partnership between
  automotive manufacturers, ADAS technology
  providers, and sensor manufacturers to optimize
  the supply chain.
• APAC contributes the majority of the market share
  owing to growing production of passenger vehicle.
  Similarly, the government initiatives in India to
  mandate ADAS system in vehicle is likely to
  accelerate the demand for the product in this
  region.

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By Distribution Channel- Segment Analysis Driver
monitoring system is the fastest growing segment
in ADAS Market in 2018. Driver monitoring system
uses various types of sensors to identify the
state and behavior changes of the driver. At
times, when drowsiness, fatigue, distraction and
other disturbing patterns are sensed by the
system it sends an alert message to the driver to
take a break. Similarly, automotive companies are
planning to combine the vestibular-ocular reflex
(VOR), a drowsiness detection system, with the
prediction system in the vehicles. Implementation
of this advance combination will identify the
driver behavior a few minutes prior the driver
starts to experience drowsiness.
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• Advanced Driver Assistance Systems Market
  Industry Outlook
• Denso Corporation
• Omron Corporation
• Continental AG
• TRW Automotive Holdings Corp
• Magna International Inc.
• Mobileye
• Gentex Corporation
• Hyundai Mobis
• VOXX International Corporation

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Advanced Driver Assistance Systems Market -
Forecast(2023 - 2028) Learn More About the
Report _at_ https//www.industryarc.com/Report/20/a
dvanced-driver-assistance-systems-market.html
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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  /purchasereport.php?id20

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Reddy Contact (1) 970-236-3677 Email
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