Albany, NY -- (SBWIRE) -- 06/27/2019 -- ResearchMoz present a comprehensive research report namely "Global Driver Assisting Systems Market Size, Status and Forecast 2019-2025" which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customer's Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025.
Major automobile manufacturers have introduced driver assistance systems in passenger cars to provide improved driving experience with high safety, higher performance, increased accessibility and eco-friendly models. Automatic driver assistance system (ADAS) is one of the fastest growing markets in automotive sector. With the increase in vehicle fleet globally, the total number of road mishaps, accidents and casualties have increased. This has brought the attention of automobile manufacturers and governments towards the vehicle and road safety.
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The technological segmentation of ADAS market gives parking/reversing assistance, tire pressure monitoring system (TPMS), night vision, LDWS, heads-up display, e-call telematics, drowsiness monitor, distance warning system, blind spot and adaptive front lighting. The growth in demand for high-end cars coupled with safety regulations is driving the market for ADAS. The ADAS market is dominated by TPMS, LDWS and park assist systems in terms of volume while in revenue terms drowsiness monitor, ACC, and TPMS are leading technologies.
APAC is the biggest passenger car manufacturing region world over. It is expected to maintain its high growth rate in coming years. This region has also become important market for ADAS considering high growth trend in vehicle demand, improvements in lifestyle and change in buyers preferences.
The key players covered in this study
Market segment by Type, the product can be split into
Park Assist Systems
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Market segment by Application, split into
Market segment by Regions/Countries, this report covers
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