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ADAS Sensors Market Sales to Flatten Due to COVID-19 Pandemic; Key Market Players to Redesign Developmental Strategies

The prevention of vehicular road accidents is a top priority for all the countries. Every year, a substantial amount of lives are lost due to road accidents. Against this backdrop, the adoption of ADAS sensors has become a top priority.

vijaykundekar
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ADAS Sensors Market Sales to Flatten Due to COVID-19 Pandemic; Key Market Players to Redesign Developmental Strategies

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  1. ADAS Sensors Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies July 2020 Report Id : REP-GB-11865 Published On : 11-July-2020 Category : Automotive & Transportation www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. ADAS Sensors Market Analysis The global ADAS sensors market is poised to record a double-digit growth from 2020-2030, according to Future Market Insights' recent publication. The advent of automation has brought about paradigm shifts in driving technologies since the recent past. The advent of autonomous driving has laid firm ground for the introduction of advanced driver assistance systems, or ADAS. However, the market is still in a niche stage, registering modest revenues ranging from US$ 5 Bn- US$ 8 Bn as compared to other. The prevention of vehicular road accidents is a top priority for all the countries. Every year, a substantial amount of lives are lost due to road accidents. Against this backdrop, the adoption of ADAS sensors has become a top priority. "The ADAS sensors market shall witness major collaborations between OEMs and semi- conductor companies to design sensors for parking systems, adaptive cruise control and emergency braking," opines an FMI analyst. For more insights into the market, request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11865 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. ADAS Sensors Market Analysis Key Takeaways from FMI's ADAS Sensors Market Report • Passenger cars shall find maximum usage of ADAS sensors due to the need for reducing accident fatalities • Radar-based collision avoidance systems shall gain maximum traction in semi- autonomous vehicles • Global ADAS systems market shall expand at an impressive 14% CAGR from 2020-2030 • North America to witness maximum adoption of ADAS sensors, Asia-Pacific to follow close behind ADAS Sensors Market- Key Trends • Thermal imaging sensors have boded well for the ADAS sensors market, helping reduce night-time fatalities to a significant extent • Emphasis on de-icing mechanisms to promote high accuracy for all-weather conditions are being investigated, providing traction to the ADAS sensors market • Opportunities in ADAS hardware abound for prominent market players, thereby uplifting market growth prospects www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. ADAS Sensors Market Analysis ADAS Sensors Market: Region-wise Analysis • Asia-Pacific shall be the largest revenue generator, with China spearheading demand for park sensors and adaptive cruise control • Japan & South Korea shall enjoy heightened revenues, attributed to the involvement of major automotive companies such as Volkswagen, Mercedes Benz and GM • Europe is witnessing heightened ADAS sensors usage for blind spot detection and reduce fatalities • The United States is an investment hotbed for OEMs and component manufacturers ADAS Sensors Market- Competitive Landscape The ADAS sensors market are resorting to innovations by virtue of doling out new products based on detection, depth perception, high performance and stereo vision. A major challenge posed to ADAS sensors manufacturers is the problem of communication between two different devices. Market players such as Diamler are availing the services of research and academic institutions to address data fusion challenges between non-image and image data. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. ADAS Sensors Market Analysis Developments in the short-wave infrared imaging sensors (SWIR) are also on the cards. To this end, Porsche has collaborated with Israel-based TriEye to improve ADAS sensors in the former's autonomous vehicle segment. For this project, the automotive giant contributed US$ 2 million as capital investment. ADAS Sensors Market Taxonomy: Product Type • Blind Spot Detection • Night Vision Sensors • Light Sensors • Parking Sensors • Cruise Control Vehicle Type • Passenger Cars • Compact • Midsize • Luxury • SUVs www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. ADAS Sensors Market Analysis • • Commercial Vehicles Heavy Commercial Vehicles Sales Channel • • • Region/Country North America • U.S • Canada Latin America • Brazil • Mexico • Rest of LATAM Original Equipment Manufacturers (OEM) Original Equipment Spares (OES) Independent Aftermarket (IAM) www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. ADAS Sensors Market Analysis Europe • • • • EU-5 BENELUX Russia Rest of Europe South Asia & Pacific • India • Thailand • Indonesia • Malaysia • Oceania • Rest of South Asia East Asia • China • Japan • South Korea www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

  10. ADAS Sensors Market Analysis MEA • • • • South Africa Turkey Northern Africa Rest of MEA Request for covid19 Impact Analysis @ https://www.futuremarketinsights.com/covid19/rep-gb-11865 Find More Valuable Insights on ADAS Sensors Market: FMI in its new market research study, offers an unbiased analysis of the ADAS sensors market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report offers complete analysis on global ADAS sensors market through four different categories – By Product Type, By Vehicle Type, By Sales Channel and region. The global ADAS sensors market study provides information of pricing by different life cycle analysis, product life cycle, key market trends and technologies which are being implemented in the production of the ADAS sensors market and product adoption in various end use industries. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

  11. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 11 © 2019 Future Market Insights, All Rights Reserved

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