Business Industry Reports New Report on ADAS Market Insights, Forecast 2022
ADAS Market is projected to Rise by US$
51890 Mn – Forecast to 2022
BusinessIndustryReports have new report on “Global ADAS Market 2018-
2022”. The report provides the newest industry data and industry future
trends. The industry report lists the leading competitors and provides the
insights strategic industry Analysis of the key factors influencing the market.
This Report covers the Major Players data,
including: shipment, revenue, gross profit,
interview record, business distribution etc.,
these data help the consumer know about
the competitors’ better market. This report
also covers all the regions and countries of
the world, which shows a regional
development status, including market size.
Get Sample Copy of this Report @
https://www.businessindustryreports.com/s
ample-request/97087 .
ADAS market size to maintain the average annual growth rate of 20.96% from 11300 million $ in
2014 to 20000 million $ in 2017, market analysts believe that in the next few years, ADAS market
size will be further expanded, we expect that by 2022, The market size of the ADAS will reach 51890
million $.
Advanced Driver Assistance System (ADAS) is outfitted with different mechanically advanced sensors
that offer high caliber of security and solace to the driver. The significant capacities offered by ADAS
include: computerized journey control, stopping assistance, crash evasion, raise see, vulnerable side
discovery, speed control, driver tiredness alarm, and so forth.
Major factors such as, Increased focus on consumer safety, impending need for comfort, and rise in
government regulations that ensure safety boost the market growth. However, factors such as
pricing pressure, inflation, and complexity & difficulty in testing systems hamper growth of this
industry. Increased electronic content and electronic integration, and deployment of ADAS in low-
cost cars are major trends reported in this market.
Furthermore, the Government initiatives play a vital role in fuelling the demand for advanced driver
assistance systems applications. Various governments have implemented stringent laws to reduce