Advanced Driver Assistance Systems (ADAS) Market 2019 Potential Growth

Advanced Driver Assistance Systems (ADAS) Market 2019 Potential Growth, Regional Analysis, Industry Outlook, Competitive Landscape and Global Forecast To 2025

Global Market Insights add New Global Advanced driver assistance systems (ADAS) market report provides in-depth information about market overview, top vendors, Key market highlights, product types, market drivers, challenges, trends, industry landscape, size and forecast, analysis, Key leading countries/Region.

The robust developments across the automotive cosmos in the economies of India and China vividly portray that APAC will tur out to be a prominent revenue contributor for Advanced driver assistance systems (ADAS) market. The rising sales pf passenger vehicles in the continent combined with the increasing demand for road safety and emission control will augment APAC Advanced driver assistance systems (ADAS) market trends over the forecast duration.

In 2018, one of the prominent China-based heavy-duty truck manufacturers, Sinotruk Limited, extended its cooperation agreement with WABCO Holdings Inc., that supplies advanced technology for enhancing efficiency, connectivity, and safety of commercial vehicles. The deal is anticipated to substantially improve WABCO's capability in innovative technologies such as ADAS, AMT, EBS, and ECAS. Incidentally, this agreement has so far, spanned almost three decades, and stands as a classic evidence to the fact that long-term business deals across the automotive sector are certain to propel Advanced driver assistance systems (ADAS) market size over the forecast period.

The Indian OEM Tata Motors has scarcely extended its partnership with the pioneering technology provider, Wabco, having already deployed the latter's ADAS facility in its vehicles. Tata has also conveniently implemented a collision mitigation system (CMS) and a lane departure warning system (LDWS) for its Signa and Prima trucks. The move apparently, is targeted toward the minimization of road accidents and the provision of occupant safety. Having already been a strong player in the India automotive industry, Tata, through this partnership, will further strengthen its position in the regional Advanced driver assistance systems (ADAS) market as well.

Read more : https://www.marketwatch.com/press-release/advanced-driver-assistance-systems-adas-market-2019-potential-growth-regional-analysis-industry-outlook-competitive-landscape-and-global-forecast-to-2025-2019-08-01