ADAS Market worth 42.40 Billion USD by 2021
Browse 87 market data tables with 64 figures spread through 184 pages and in-depth TOC on "ADAS Market by Type (ACC, HUD, TPMS, LDWS, Blind Spot Detection, Adaptive Front Lights, Electronic Brake Assist, Park Assist, Night Vision, Pedestrian Detection, Road Sign Recognition, Drowsiness Monitor) Sensor Technology (Ultrasonic, Image, RADAR, LIDAR, Infrared) Vehicle Type & Region - Forecast to 2021"
North America: Largest market for advanced driver assistance systems
North America is estimated to be the largest market for ADAS in 2016, owing to the stringent safety regulations in the region. Upcoming governmental regulations relating to vehicle, driver, passenger, and pedestrian safety have compelled automobile manufacturers to include the mandated features as a default offering. For instance, the installation of tire pressure-monitoring systems has been mandated for all passenger cars in Europe and North America. The U.S. New Car Assessment Program (NCAP) has mandated emergency braking and lane departure warning systems to ensure a five-star rating for any passenger car. Additionally, the U.S. National Highway Transport Safety Administration (NHTSA) is analyzing the feasibility of making lane departure warning and rearview camera systems a mandate. Regulations pertaining to vehicle safety are therefore estimated to drive the growth of the ADAS market during the forecast period.
The report covers all the major players in the global ADAS market, including Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Robert Bosch GmbH (Germany), and Autoliv Inc. (Sweden).