ADAS Market Forecast

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The Advanced Driver Assistance System (ADAS) market recorded annual revenue of $49 billion in 2017 is projected to grow at a CAGR of 14.9% during the forecast period 2018-2023.

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Presentation Transcript

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Advanced Driver Assistance Systems Market is expected to reach 95.14 million by 2023

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Americas dominates the Advanced Driver Assistance Systems Market during the forecast period. It is expected to reach a revenue of 504.5 million by 2023 at a CAGR of 11.8. This is attributed to the high volume sales in North America and increasing purchasing power of the consumers especially in the US. This region has notable ADAS manufacturers such as Autoliv TRW and QNX software. Contact : salesindustryarc.com

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Selected Regulatory Analysis Done in the Full Report: The growth of the automotive industry in the ADAS Market is expected to be 1971 million at a CAGR of 16.1 by 2023. ADAS technology is mainly deployed in the automotive industry. Companies such as Continental Bosch Denso and Delphi are the leading manufacturers of ADAS. The systems are offered by OEM’s such as Audi BMW Mercedes and Volkswagen. Contact : salesindustryarc.com

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Selected Driving Factors Mentioned in the Full Report: • Automobile manufacturers are combining wireless and smartphone technology with automotive electronics that provides solutions to the consumer needs. • The automobile industry is now witnessing the impact of in-vehicle electronics. • There is a difference between the demand generated by the regulations imposed by government bodies and the changing preferences of the consumers. Contact : salesindustryarc.com

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Key Players of the ADAS Market • Denso Corporation • Omron Corporation • Continental AG • TRW Automotive Holdings Corp • Magna International Inc. • Mobileye • Gentex Corporation • Hyundai Mobis • 10+ Download Sample Report Contact : salesindustryarc.com

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Company Profile Analyst Briefing Data Tables You Can Customize the Report as Per Your Need. We have included Some Customization Options Key Contacts Contact : salesindustryarc.com

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IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries such as Agriculture Automotive Automation Instrumentation Chemicals and Materials Energy and Power Electronics Food Beverages Information Technology Life sciences Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. About IndustryARC Contact : salesindustryarc.com

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