626 E Whispering Oaks, Palatine, IL 60074
+1-224-678-1803 info@7newswire.com Book A Demo

Advanced Driver Assistance System (ADAS) Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028


Advanced Driver Assistance System (ADAS) market size is expected to reach USD 66.14 Billion at a steady CAGR of 11.8% in 2028, according to latest analysis by Emergen Research. Advanced driver assistance system market revenue growth is driven by rise in demand for safety features in vehicles, implementation of stringent safety regulations, and technological advancements in advanced driver assistance systems.

ADAS offers various benefits such as decrease in rate of accidents and reduced damage to property and injury or loss of life. These systems offer more effective safety features designed to improve passengers and pedestrian safety and minimizing accidents and impact severity. Advanced driver assistance systems offer safety features such as collision avoidance system, parking assistance, tire pressure monitoring, traction control, lane departure warnings, electronic stability control, and telematics. Surge in global road accident rates has been resulting in an increase in vehicle and passenger safety technologies and systems. Some features include ability to recognize and classify different objects on the road, alert driver regarding road conditions and terrain, as well as decelerate or completely halt the vehicle.

The report takes a closer look at the historical and current market scenarios to accurately predict the global Advanced Driver Assistance System (ADAS) market outlook over the forecast duration (2021-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Advanced Driver Assistance System (ADAS) market.

 Request a sample copy of the report @ https://www.emergenresearch.com/request-sample/619

 Competitive Outlook:

The global Advanced Driver Assistance System (ADAS) market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Advanced Driver Assistance System (ADAS) market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

  • Continental AG, Robert Bosch GmbH, Denso, Samsung Electronics, Intel, Hyundai Mobis, ZF Friedrichshafen AG, Magna International Inc., Renesas Electronics Corporation, and Infineon Technologies AG.

 Emergen Research has segmented the global advanced driver assistance system market on the basis of offering, component, system, vehicle type, and region:

    Offering Outlook (Revenue, USD Billion; 2018–2028)

  • Hardware
  • Software

    Component Outlook (Revenue, USD Billion; 2018–2028)

  • LiDAR
  • Camera Unit
  • Ultrasonic Sensor
  • Radar Sensor
  • Infrared Sensor

    System Outlook (Revenue, USD Billion; 2018–2028)

  • Adaptive Front Light (AFL)
  • Adaptive Cruise Control (ACC)
  • Blind Spot Detection (BSD)
  • Forward Collision Warning (FCW)
  • Automatic Emergency Braking (AEB)
  • Driver Monitoring System (DMS)
  • Cross Traffic Alert (CTA)
  • Lane Departure Warning (LDW)
  • Pedestrian Detection System (PDS)
  • Tire Pressure Monitoring System (TPMS)
  • Road Sign Recognition (RSR)
  • Intelligent Park Assist (IPA)
  • Night Vision System (NVS)
  • Traffic Jam Assist (TJA)

    Vehicle Type Outlook (Revenue, USD Billion; 2018–2028)

  • Light Commercial Vehicle
  • Passenger Car
  • Bus
  • Truck

 Get More Information At: https://www.emergenresearch.com/industry-report/advanced-driver-assistance-system-market

Market Drivers:

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Advanced Driver Assistance System (ADAS) market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

 Questions addressed in the report:

  • What is the estimated market growth rate throughout the forecast period?
  • Which end-use industry is expected to witness the highest demand for Advanced Driver Assistance System (ADAS) in the near future?
  • What is the regulatory framework governing the application of Advanced Driver Assistance System (ADAS) in the food industry?
  • Which manufacturing processes are utilized for the production of Advanced Driver Assistance System (ADAS)?

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/619

Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.

Have a Look at Related Research:

Food Safety Testing System Market https://www.emergenresearch.com/industry-report/food-safety-testing-system-market

Hyperautomation Market https://www.emergenresearch.com/industry-report/hyperautomation-market

Deep Neural Networks Market https://www.emergenresearch.com/industry-report/deep-neural-networks-market

Electric Vehicles Market https://www.emergenresearch.com/industry-report/electric-vehicles-market

Optical Waveguide Market  https://www.emergenresearch.com/industry-report/optical-waveguide-market

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services