Advanced Driver Assistance Systems (ADAS) market Industry Development Global Advanced Driver Assistance Systems | Page 3

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advanced driver assistance system market growth. LiDAR sensors are projected to gain high
traction over forecast period due to their crucial function in self-driving cars.
Global Advanced Driver Assistance Systems (ADAS) Market: Vehicle Insights
On the basis of the vehicle, the Advanced Driver Assistance Systems (ADAS) market is
segmented into Passenger Cars, Light Commercial Vehicle (LCV), and Heavy Commercial
Vehicle (HCV). Passenger car segment leads the ADAS market over the forecast period
2019-2025. Rapid urbanization, increasing consumer spending on the automobile has
enhanced product demand. Rising consumer awareness concerning to road safety along
with governmental regulations are major growth factors supporting industry demand.
Global Advanced Driver Assistance Systems (ADAS) Market: Regional Insights
Geographically, the Advanced Driver Assistance Systems (ADAS) market is analyzed across
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America
is the leading region of the ADAS industry and projected to lead the overall industry during
the forecast period. The growth is mainly driven by the presence of major players,
technological advancement, better infrastructure facilities for manufacturing, enhanced
economic condition, and rapid penetration and mass adoption of ADAS by the OEMs and
customers. Asia Pacific is the fastest growing region over the forecast period owing to the
increase in the number of luxury vehicles, technological advancement, and increasing
urbanization rate positively influence the industry outlook.
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Global Advanced
Landscape
Driver
Assistance
Systems
(ADAS)
Market:
@
Competitive
Companies such as Robert Bosch, ZF Friedrichshafen, Denso, Aptiv, Intel, NVIDIA,
Continental, Valeo, Hella, Magna, Samsung, Aisin Seiki Co. Ltd., Delphi Technologies,
Harman International, NXP Semiconductor, Panasonic Corporation, and Hyundai Mobis are
the leading players of Advanced Driver Assistance Systems (ADAS) market across the globe.
Key Target Audience:
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Market research and consulting firms
Industry associations
Global Advanced Driver Assistance Systems (ADAS) manufacturers
Research organizations and consulting companies
Organizations, associations and alliances related to Advanced Driver Assistance
Systems market
Regulatory bodies
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