The latest research report on Driver Assistance System Market
Global driver assistance system market was valued at USD 21.56 billion in 2017 and expected to grow at CAGR 19.9% over the forecast period 2019–2026
Global Driver Assistance System Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Driver Assistance System industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Driver Assistance System industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
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Driver assistance system helps to make travel easier and comfortable, while also increasing car and road safety. On the other hand, driver assistance can also refer to secondary driving tasks such as obstacle detection, route planning, and location finding. Driver assistance system offers both simple as well as complex systems from anti-lock braking to fully autonomous hardware and software. Automobile industry evolving from a mechanical business to more software oriented, driver-assist systems help to eliminate both the physical and psychological after-effects of a collision by eliminating the possibility of ever getting into a collision. Opportunities like hybrid and electric vehicle market are expected to anticipate the growth of driver’s assistance market in upcoming years.
A few of the key players of driver assistance market are Texas Instruments, Hyundai Mobis, Infineon Technologies Ag, Nxp Semiconductor, Aptiv (Delphi Automotive Plc), Valeo S.A, Renesas Electronics Corporation, Autoliv Inc., Wabco Holdings Inc., Denso Corporation, Robert Bosch Gmbh, and Hella Kgaa Hueck & Co.
The Driver Assistance System Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Driver Assistance System industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Driver Assistance System market since the past few years.
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By Types, Adaptive Cruise Control, Blind Spot Detection, Lane Departure Warning System, Night Vision, Adaptive Front Lighting, Intelligent Parking Assist System, Others,
By Technology, Ultrasonic Sensor, Image Sensor, Lidar Sensor, Radar Sensor,
By Vehicle Type, Passenger cars, Light Commercial Vehicles, Heavy Commercial Vehicles,
The competitive landscape:
The competitive landscape of the Driver Assistance System market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
- Historical inferences, findings & analysis of the Driver Assistance System market from 2016 to 2018
- Projections and performance forecast analysis for the future from 2019 to 2026
- Production and consumption point of view (POV) analysis
- Driver Assistance System Market drivers, restraint and opportunity analysis, to define Driver Assistance System market dynamics covering industry, regulatory, innovation, technological & pricing trends
- Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Driver Assistance System market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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