Advanced Driver Assistance System Market: Global Industry Growth 2025 Advanced Driver Assistance pdf | Page 2

OMR recently published a report on "Advanced Driver Assistance System (ADAS) Market:
Global Industry Trends, Market Size, Competitive Analysis and Forecast - 2019 to 2025",
that studies the global markets for advanced driver assistance in terms of type, and
regional categorization, major market players and competitive landscape for the period
2019to 2025.
Increasing public spending has given rise to automobile sales and the resulting road traffic,
thereby increasing the possibility of accidents, property loss, and loss of life. In the US, as
per the National Highway Safety Traffic Administration (NHTSA), loss of life in road
accidents increased from 37,461 in 2016 to 40,100 in 2017 even after government
initiatives for the safety seat belt, warnings for alcohol consumption, and speed level
application. ADAS is an electronic system that assists a vehicle driver and offers a smart
and comfortable driving experience. It offers full safety and assistance to the car driver
which eases the process of driving.
Advanced Driver Assistance System is developed to adapt, automate and enhance vehicle
system for better and safe driving. The key players in ADAS market involve Autoliv Inc.,
Continental AG, Ford Motors Co., General Motors, HELLA GmbH & Co. KGaA, Magna
International Inc., Robert Bosch GmbH, Valeo SA, and ZF Friedrichshafen AG.
ADAS market can be segmented on the basis of type such as adaptive cruise control system, blind
spot detection system, park assistance system, lane departure warning system and other systems
(predictive emergency braking system and intelligent headlight control system. ADAS technologies
such as drowsiness monitoring system, night vision, and roadside recognition have also accelerated
the growth of the ADAS market. Additionally, the tyre pressure monitoring system has accelerated
the overall market growth owing to its easy market availability and low prices. The market is
segmented on the basis of regions including North America, Europe, Asia-Pacific, and Rest of the
World. North America region includes the US and Canada. Europe includes UK, Germany, France,
Italy, Spain, and rest of Europe. Further, Asia-Pacific includes Japan, China, India and rest of Asia-
Pacific. Furthermore, Rest of the World includes Middle East and Africa, and Latin America.
Browse full report for: Advanced Driver Assistance System (ADAS) Market at :
https://www.omrglobal.com/industry-reports/advanced-driver-assistance-system-market/
This study on the ADAS market offers comprehensive analysis with respect to the current
geographical trends, market determinants, and country level market size ($ million) of the
advanced driver assistance industry. The analysis thus performed for the ADAS market considers
factors such as market scope, market segmentation, current industry trends, competitive landscape
of the key participants in the industry, and so on. The proposed report presents the market
estimates and forecast from2019 to 2025, along with the respective compound annual growth rate
(CAGR) for each segment and regional distribution during the forecast period. In addition,
assessment of marketing models, key company profiles and analysis of the market dynamics would
provide valuable insights into the global ADAS market.