Radar-Based ADAS To Dominate Advanced Driver Assistance Systems Market During The Assessment Period, 2019–2026
Advanced driver assistance systems (ADAS) market is designed to avoid crashes and accidents by use of advanced technologies such as camera, sensor, and actuator, among others which alert driver of potential risks and avoid collisions by applying safeguards and taking control of vehicle. Moreover, governments of different nations across the world are implementing rules and regulations to encourage the use of ADAS systems in vehicles. For instance, the U.S. Department of Transportation has proposed a new safety regulation in order to help eliminate blind zones behind vehicle which can hide the presence of people present behind the vehicle. According to the National Highway Traffic Safety Administration, every year around 292 fatalities and 18,000 injuries occur due to back-over crashes involving all vehicles. And out of 292, 228 fatalities occur in light vehicles which weigh 10,000 pounds or less.
Geographically, the global advanced driver assistance systems market is classified into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Europe is expected to experience significant growth in advanced driver assistance systems market due to constructive government policies and increasing research and development activities related to advanced driver assistance systems. A legal framework was adopted by all countries present in Europe to accelerate the execution of ADAS technology on 7th July 2010. The European Union is working towards the early adoption of advanced technology to enhance passenger safety and give priority to innovative transport technologies. Moreover, Sweden is promoting evidence-based ADAS in the national fleet in-house travel policies as well as through procurement. However, the European Union crash injury monitoring system needs to be established to check design, development, and implementation of new innovative technologies and their long-term effect on transportation.