Pune, India -- (SBWIRE) -- 05/04/2018 -- For this report Advanced Driver Assistance Systems Market Segments analyzed by Technology (Adaptive Cruise Control, Adaptive Front Lights, Intelligent Park Assist, Pedestrian Protection, Blind Spot Detection, Drowsiness Monitor, Head Up Display, Others), by Vehicle Type (Passenger Vehicle and Commercial Vehicle), by Radar Type (Radar Sensor, Lidar Sensor, Camera Sensor, Ultrasonic Sensor) and by Regions (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) with Global Forecast to 2023.

Advanced Driver Assistance Systems Market Highlights:

The market for advanced driver assistance systems is expected to grow in the North American region with an increase in demand for automobiles, majorly in the United States. Existence of major manufacturers in this region combined with availability of sophisticated technologies enables the advanced driver assistance systems market to flourish. In the European region, the commercial vehicles are expected to grow with a CAGR of 10.58%, owing to the growth in the home delivery sector. For the safe distribution of goods and efficient city transportation, original equipment manufacturers in the European region are focusing on the advanced safety features for these vehicles, which will be a major driver for market growth in the region.

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Advanced Driver Assistance Systems Market Key Companies Analyzed in This Report:

Robert Bosch Automotive Steering GmbH, Delphi Automotive LLP, DENSO CORPORATION, Panasonic Corporation, Valeo, Continental AG, Magna International Inc, HELLA KGaA Hueck & Co., Hitachi Ltd, ZF Friedrichshafen AG.

Scope of the Report:

Advanced driver assistance systems are systems that are developed to increase vehicle safety and enhance the driving experience. Advanced driver assistance are a combination of certain systems that alert the driver to potential problems. Adaptive features include automated lighting, adaptive cruise control, automate braking, incorporate traffic warnings, connect to smartphones, alert driver to other cars or dangers, keep the driver in the correct lane, or show what is in blind spots. Recent stats show that despite 60% less traffic on the roads, more than 40% of all fatal accidents occur during the nights. In the recent times, decreased visibility due to darkness have resulted in alarmingly higher number of accidents. This is where the advanced driver assistance systems (ADAS) come into the picture. The ADAS technology not only focuses on improving the safety of the passengers, but also enable the safety of the pedestrians as well, by distinguishing obstacles using infrared (IR) or ultraviolet (UV) sensors.

The major factor that drives the growth of driver assistance system market is growing demand for new and improved technologies for providing safety features in automobile, increasing purchasing power of buyers, and government initiatives of mandating regulations over usage of driver assistance system into automobiles among others. The Advanced Driver Assistance Systems market is completely dependent on the automotive industry. Thus the increasing or decreasing demand of the automotive industry directly has an impact on the adaptive front light systems market.

The report for Global Advanced Driver Assistance Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Major Table of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter's Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued…

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