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Global ADAS Market to Grow at a CAGR of 24.97% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global ADAS Market 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 04/15/2015 -- Report forecast the Global ADAS market to grow at a CAGR of 24.97 percent over the period 2014-2019.

ADAS are systems that support, complement, or substitute the driver of a vehicle. They use radar and cameras to assist the drivers by providing real-time information about the surroundings. These systems help drivers to avoid collisions and accidents. OEMs are focusing on adopting advanced safety features such as ADAS because of growing government regulations focused on the safety of passengers and drivers.

The Global ADAS market can be segmented into seven categories: Tire pressure monitoring system (TPMS), park assistance system (PAS), adaptive cruise control (ACC), blind spot detection (BSD), night vision system (NVS), lane departure warning system (LDWS), and others (including adaptive front lighting, drowsiness monitor, forward collision warning, head-up display, and driver monitoring systems). These are sets of methodologies and technologies that transform unstructured and structured data into meaningful and useful information processes.

According to the report, the growing concern among consumers about automobile safety has resulted in increased demand for ADAS. The demand for in-vehicle electronic devices such as cameras, radar systems, and sensors that are used to examine road conditions and help to avoid accidents has increased.

Further, the report states that the high cost of ADAS because of the implementation of expensive technologies and systems such as cameras, sensors and radar and the high maintenance cost associated with the proper functioning of these systems hinder their sales. This limits their usage to luxury vehicles.

Global ADAS Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, North America, the APAC region, and the ROW; it also covers the Global ADAS market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key players in the Global ADAS Market: Continental AG, Delphi Automotive LLP, Denso Corp., Magna International Inc., Robert Bosch GmbH and Valeo SA

Other Prominent Vendors in the market are: Aisin Seiki, Autoliv, Ficosa International, FLIR Systems, Freescale Semiconductor, GENTEX Corporation, Hella KgaA Hueck, Hitachi, Hyundai Mobis, Infineon Technologies, Mando, Mobileye, Renault Group, Renesas Electronics, Texas Instruments, TRW Automotive Holdings and WABCO Holding

Key Regions
- Europe
- North America

Key Market Driver
- Growing Demand for Safety Solutions
- For a full, detailed list, view our report

Key Market Challenge
- High Cost Associated with ADAS
- For a full, detailed list, view our report

Key Market Trend
- Focus on NVS and BSD by Developing Economies
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 109 pages, "Global ADAS Market 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Type, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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