Advanced Driver Assistance Systems( ADAS) Market
include: most of the applications of the ADAS are still in the stage of development and the applications that are developed are available only in premium cars. Another factor that hampers the market growth is the lack of consumer awareness regarding ADAS and its benefits.
Global Advanced Driver Assistance Systems( ADAS) Market by Regional Analysis: North America dominated the global advanced driver assistance systems( ADAS) market followed by Europe and Asia-Pacific, respectively. New research and technologies are being used in the European region for the advancement of the ADAS and high investments are made, thus positively contributing to the market growth. In terms of the market growth, the Asia Pacific region is leading owing to the contribution from countries such as South Korea and Japan. Countries such as India and China have fueled the market growth owing to the strict regulations by the government regarding safety. Some other driving factors are the increased incomes and purchasing power of the people, change in lifestyle owing to urbanization and the increasing awareness of the people.
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Global Advanced Driver Assistance Systems( ADAS) Market by Competitive Players: Some of the key market players operating in the global advanced driver assistance systems( ADAS) include Denso Corporation, Robert Bosch GmbH, Delphi Automotive PLC Delphi Automotive PLC, Autoliv Inc., Continental AG, Valeo, Audi AG, Magna International Inc., Ford Motors Co., BMW AG, and General Motors.