123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Opportunities For The Global Automotive Adas Market To Reach $29.7 Billion By 2022

Profile Picture
By Author: Lucintel LLC
Total Articles: 579
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to a new market report published by Lucintel, the future of the global automotive ADAS market looks promising with opportunities in mid-size cars, large cars, SUVs, and crossovers. The global automotive ADAS market is expected to reach an estimated $29.7 billion by 2022 and it is forecast to grow at a CAGR of 21.1% from 2017 to 2022. The major drivers of growth for this market are increasing production of premium and luxury vehicles, advancement in the automotive electronics, stringent government regulations to reduce road fatalities, and increasing collaboration between OEM and ADAS suppliers to develop low-cost driver assistance systems.
In this market, automatic emergency braking system, forward collision warning, adaptive cruise control, blind spot detection, lane departure warning, parking assistance system, pedestrian detection system, traffic sign recognition, night vision, and driver drowsiness detection are some of the major segments of the automotive ADAS market. On the basis of its comprehensive research, Lucintel forecasts that the adaptive cruise control, night vision and driver drowsiness detection ...
... segments will show above average growth during the forecast period.
Radar, camera, sensor fusion, LIDAR, infrared, and ultrasonic are the major segments of the automotive ADAS market by technology. Camera technology is expected to show above average growth during the forecast period.
North America is expected to remain the largest market due to high luxury and premium car production, government NCAP rating for safety features in vehicles, and increasing investment by the industry players within the North America region.
Asia Pacific and North America are expected to witness significant growth over the forecast period because of rapidly increasing demand for ADAS products from OEMs.

Emerging trends, which have a direct impact on the dynamics of the industry, include the development of fusion sensor technology in ADAS products and the development of adaptive cruise control with eHorizon and development of X2 safe intelligent algorithm. ZF TRW Automotive Holdings Corporation, Delphi Automotive PLC, Continental AG, Robert Bosch GmbH, and Denso Corporation are the major ADAS suppliers in the global automotive ADAS market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automotive ADAS market by product, technology, vehicle type, end user, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Automotive ADAS Market 2017-2022: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive ADAS market by product, technology, vehicle type, end user, and region, as follows:

By Product ($ Million and Thousand Units from 2011 to 2022):
• Automatic Emergency Braking System (AEBS)
• Forward Collision Warning (FCW)
• Adaptive Cruise Control (ACC)
• Blind Spot Departure (BSD)
• Lane Departure Warning (LDW)
• Parking Assistance System (PAS)
• Pedestrian Detection System (PDS)
• Traffic Recognition System (TSR)
• Night Vision (NV)
• Driver Drowsiness Detection (DDD)

By Technology ($ Million and Thousand Units from 2011 to 2022):
• Radar
• Camera
• Sensor Fusion
• LIDAR
• Infrared
• Ultrasonic
By Vehicle Type ($ Million and Thousand Units from 2011 to 2022):
• Large Car
• SUV and Crossover
• Mid-size Car
• Others
By End User ($ Million and Thousand Units from 2011 to 2022):
• OEM
• Aftermarket
By Region ($ Million and Thousand Units from 2011 to 2022):
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Russia
o United Kingdom
• Asia Pacific
o China
o Japan
o South Korea
o India
o Indonesia
• The Rest of the World
o Brazil
o Argentina
This 325-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com. Lucintel offerings include Mass Transportation, Transportation Market Report, Strategic Growth Consulting, Capital Investment Analysis and Due Diligence.

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive ADAS market by product (AEBS, FCW, ACC, BSD, LDW, PAS, PDS, TSR, NV, DDD), by technology (radar, camera, sensor fusion, LIDAR, infrared, ultrasonic), vehicle type (large car, SUV and crossover, mid-size car, and others), end user (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Total Views: 88Word Count: 928See All articles From Author

Add Comment

Business Articles

1. Psychic Mediums: Can A Psychic Medium Forecast An Oil Spill?
Author: Danae Diederich

2. Seo Is The Key To Your Online Marketing Success!
Author: Harry Sazos

3. How To Choose The Right Paint Colour For My Kitchen?
Author: Sam An

4. Environmnetal Hazards And Work Clothes
Author: peter main

5. Environmental Hazards - Need For Proper Storage
Author: peter main

6. Environmental Hazards In Farming
Author: peter main

7. Do’s And Don’ts For An Effective Commercial Office Fitouts
Author: Dennis Youssef

8. Office Fitouts – Know The Importance
Author: Dennis Youssef

9. Why Sydney Retro Jukebox Hire Is Popular Today?
Author: Laurie Hekeik

10. Gardening Equipment Market Growth, Market Potential, End-user, Key Manufacturers, Competitive Analysis, Revenue Market And Forecast To 2027
Author: DBMR

11. Baby Oral Care Market Size, Share, Growth, Potential Revenue And Key Drivers Analysis Research Report By 2027
Author: DBMR

12. Middle East And Africa Water Dispensers Market Share, Industry Trends, Size, Revenue, Demand, Growth Analysis, Top Leaders: Honeywell International In
Author: DBMR

13. Countertops Market Growth At A Cagr Of 4.80% In The Forecast Period Of 2020 To 2027
Author: DBMR

14. Smart Water Pumps Market Facts, Figures And Analytical Insights During Forecast Period 2020 To 2027
Author: DBMR

15. Automotive Linear Positions Sensors Market Evolving Opportunities With Innovative Ideas By Key Players |2020-2027
Author: DBMR

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: