Driver Assistance System Market to Cross USD 112.69 Billion Revenue by 2027 at a CAGR of 22.90 %
Market Segmentation Global Driver Assistance System Market has been segmented as follows:
� On the basis of Types which include Adaptive Cruise Control( ACC), Lane Departure Warning( LDW) system, Park Assist Drowsiness Monitoring System, Blind Spot Detection( BSD) System, Night Vision, Tire Pressure Monitoring System( TPMS), and Adaptive Front Lighting.
� On the basis of Technologies the market is segmented into Ultrasonic sensors, Image sensors, Radar sensors, Lidar sensors, and IR sensors among others
Key Players in Market
Some of the major players in global driver assistance system market include
� Delphi Automotive Plc.( UK) � Gentex Corporation( US) � Autoliv Inc.( Sweden) � Continental AG( Germany) � Hitachi Ltd( Japan) � Magna International( Canada) � Robert Bosch Gmbh( Germany) � Hella Kgaa Hueck & Co.( Germany) � Texas Instruments Inc.( US) � Renesas Electronics Corporation( Japan)
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Key Finding
� The global driver assistance system market is expected to reach $ 112.69 billion by 2027. � Adaptive cruise control( ACC) has accounted for the largest market share registering 18.34 % of market share in 2015.
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