Global Autonomous Vehicles & ADAS Market: Regional Outlook: (United States, European Union and China) Is Projected to Lead the Market over the Forecast Period 2018-2025
Global Autonomous Vehicles & ADAS Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.
Los Angeles, CA -- (SBWire) -- 12/24/2018 --This report studies the global Autonomous Vehicles & ADAS market status and forecast, categorizes the global Autonomous Vehicles & ADAS market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Advanced driver-assistance systems, or ADAS, are systems to help the driver in the driving process. Autonomous driving is supported by cloud data, car-to-car communication, and car-to-infrastructure communication. In consequence, ADAS systems must link to a vehicle's communication module directly to enable fully autonomous driving
The race to develop autonomous vehicles (AV) and advanced driver assistance systems (ADAS) is on. Major vehicle original equipment manufacturers and tier-1 suppliers, as well as disruptive newcomers, are accelerating AV and ADAS development efforts to get ahead in the race.
Autonomous driving technology — involving radar, lidar, V2X communication, sensor fusion and deep learning — is drastically different from traditional automotive technology. Moreover, it is safety critical, so any errors could quickly lead to fatal consequences.
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Companies would ideally need to road test autonomous vehicles for billions of miles to meet safety standards, but that would require centuries of development time. AV and ADAS development can only be achieved with the speed, economy and precision of computer simulation. Simulation is centrally important in developing autonomous vehicles.Using simulation, engineers can rapidly test thousands of driving scenarios. They can also optimize the performance of sensors and algorithms, accelerating time to market.
The global Autonomous Vehicles & ADAS market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Continental AG
Mobileye
Autoliv Inc.
Magna International
Hyundai Mobis
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Adaptive Cruise Control
Blind Spot Detection System
Park assistance
Lane Departure Warning System
Tire Pressure Monitoring System
Autonomous Emergency Braking
Adaptive Front Lights
Others
By Application, the market can be split into
Passenger car
Commercial vehicle
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