Advanced Driver Assistance System (ADAS) Market is Expected to Incredible Growth during FY 2021-2027

Global ADAS Market Insights, expected to reach $72.6 Billion by 2027 during forecast year 2021-2027", is added to the record of market research insights of VynZ Research. The report offers an exclusive study of the global ADAS (advanced driver assistance system) market and refers to the key opportunities and growth drivers that are triggering the global market.

Emerging trends and their impact on the current as well as future market & developments are also being covered in the report.

However, the VynZ Research report emphasizes the industry-specific growth and its challenges by the major companies and the global ADAS market as a whole. This will help market participants to make meaningful decisions in terms of Greenfield or brownfield investments on the behalf of the company.

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Market Segmentation

Understand the global and regional markets for the industry experts have studied the global ADAS (advanced driver assistance system) market by various segmentations, which include, system type, propulsion, component, and level of autonomy, sensor type, and vehicle type.

The analysis is based on the market potential, share, size, CAGR, consumption, and production. Additionally, market analysts have an emphasis on the potential regions, along with their respective major countries, which are forecasted to make a significant contribution to the related market growth.

Market Coverage

By System Type

· Intelligent Park Assist (IPA)

· Lane Departure Warning (LDW)

· Road Sign Recognition (RSR)

· Tire Pressure Monitoring System (TPMS)

· Night Vision System (NVS)

· Automatic Emergency Braking (AEB)

· Adaptive Cruise Control (ACC)

· Adaptive Front Light (AFL)

· Blind Spot Detection (BSD)

· Cross-Traffic Alert (CTA)

· Driver Monitoring System (DMS)

· Forward Collision Warning (FCW)

· Pedestrian Detection System

· Traffic Jam Assist

· Others

By Propulsion

· Electric

o Battery Electric Vehicle

o Fuel Cell Electric Vehicle

o Hybrid Electric Vehicle

o Plug-In Hybrid Electric Vehicle

· Petrol

· Diesel

By Component

· Hardware

· Software

By Level of Autonomy

· L1

· L2

· L3

· L4

· L5

By Sensor Type

· Image Sensors

· Ultrasonic Sensors

· Lidar Sensors

· Radar Sensors

· Infrared (IR) Sensors

· Laser Sensors

· Capacitive Sensor

· Others

By Vehicle Type

· Passenger Vehicles

o Mid-Sized Cars

o Sedans

o Minivan

o Convertible

o Crossover

o Hatchbacks

o Others

· Light Commercial Vehicles

o Compact

o Utility Vehicle

o Supermini

o Light Truck

o Others

· Heavy Commercial Vehicles

o Mobile Truck

o Limo

o Recreational Vehicle

o Towing Truck

o Fire Trucks

o Others

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Region Covered

· North America - (U.S., Canada, and Mexico)

· Europe - (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe)

· Asia-Pacific - (China, Japan, India, South Korea, and Rest of Asia-Pacific)

· Rest of the World (RoW) – (Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries)

Key Players:

Major players operating in the global ADAS market are also widely covered in the report. The ADAS industry report offers a definite understanding of the supplier’s landscape and the development of upcoming plans, which are likely to take place in the coming years.

This report will act as an effective tool for the market players to apprehend the competitive scenario in the global ADAS market and accordingly plan their strategic activities.

Prominent players in the global ADAS industry:

· Valeo

· Robert Bosch GmbH

· Continental AG

· ZF Friedrichshafen AG

· DENSO CORPORATION

· Aptiv

· Hyundai Mobis

· Autoliv Inc.

· NXP Semiconductors

· Magna International Inc.