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Adaptive Cruise Control Estimated to Be the Largest Segment of ADAS Market

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.

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Adaptive Cruise Control Estimated to Be the Largest Segment of ADAS Market

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  1. 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 www.MarketsandMarkets.com

  2. 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. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=1201

  3. 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 for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=1201

  4. The ADAS market has been segmented by vehicle type into passenger cars, light commercial vehicles, buses, and trucks. Passenger car is estimated to be the fastest growing segment of the market, by vehicle type. The number of passenger cars is growing at a significant rate in the emerging economies of the Asia Pacific region. The increasing demand for passenger cars can be attributed to the rise in GDP and population of developing countries, improved lifestyle, increased purchasing power of consumers, and development of infrastructure. ADAS is provided as a standard feature in passenger cars in several countries to prevent fatalities due to accidents. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=1201

  5. 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

  6. 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). • Target Audience • Automobile manufacturers • Distributors and suppliers of ADAS • Industry associations and automotive experts • ADAS manufacturers • Automotive component manufacturers • Autonomous vehicle software providers • Electric vehicle manufacturers • Buy Now: • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1201

  7. Browse >> 108market data tables 48figures 175 pagesand in-depth TOC "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“ Early buyers will receive 10% customization on this report. 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.

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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