ADAS Market worth 91.83 billion USD by 2025 www.MarketsandMarkets.com
ADAS Market by System (ACC, AFL, DMS, NVS, IPA, PDS, TJA, FCW, CTA, RSR, LDWS, AEB, & BSD), Component (Radar, LiDAR, Ultrasonic, and Camera Unit), Vehicle (PC, LCV, Buses, & Trucks), Offering (Hardware, Software), EV, and Region - Global Forecast to 2025 The advanced driver assistance system (ADAS) market is estimated to be USD 24.24 billion in 2018 and is projected to reach USD 91.83 billion by 2025, at a CAGR of 20.96%. The market is principally driven by the increasing demand for a safe, efficient, and convenient driving experience. The increasing demand for autonomous vehicles has also fuelled the ADAS market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=1201
Radar sensor is the fastest growing segment of ADAS market, by component The increased traffic congestion, roadways infrastructure, and government regulations for vehicle safety will drive the growth of various radar-based ADAS applications. The rising trend of autonomous and semi-autonomous vehicles in the automobile industry is projected to be another major driver for the global automotive radar market. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=1201
Hybrid Electric Vehicle (HEV) to acquire the largest share of ADAS market, by electric vehicle type HEV is estimated to hold the largest share of the ADAS market, by electric vehicle. Stringent emission norms, environment safety, vehicle electrification, and government regulations are expected to boost the market for ADAS in HEV segment. Governments around the globe are promoting the sale of electric vehicles by offering incentives to customers and subsidies to electric vehicle OEMs. Government incentives are expected to drive the ADAS market for electric vehicles. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=1201
Asia Pacific: The largest market for the ADAS market The Asia Pacific region is estimated to hold the largest share, by value, of the ADAS market in 2018. The demand for ADAS in this region is triggered by the increasing vehicle production in China and India and the increasing number of luxury vehicles in China and Japan. This region is also the leading producer of automobiles in the world. The report analyzes all major tier I suppliers in the ADAS market. Robert Bosch (Germany), Continental (Germany), ZF Friedrichshafen (Germany), Intel (US), and Aptiv (UK) are some of the leading suppliers in the ADAS market. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=1201
Market Ecosystem: The ecosystem of the ADAS market consists of tier I suppliers such as Robert Bosch (Germany), Continental (Germany), Denso (Japan), Intel (US), and Aptiv (UK).
Browse >> 108marketdata tables 48figures 175 pagesand in-depth TOC on “ADAS Market worth 91.83 billion USD by 2025” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
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