Advanced Driver-Assistance Systems (ADAS) Market Top Leading Players with Strategies and Forecast 2026

The global ADAS market is expected to grow at a significant CAGR during the forecast period. ADAS is a rapidly emerging technology and is expected to find a significant growth in the automotive industry to increase safety, comfort, and tracking. Major factors augmenting the growth of the market include the high number of road accidents globally. Most of the road accidents involve human errors which can be reduced by the use of the ADAS system. Due to this, a number of government regulations are introduced in favor of ADAS. For instance, the individual New Car Assessment Program (NCAP) has been introduced by various countries such as Euro NCAP, Chinese C-NCAP, ASEAN NCAP other than Global NCAP. Earlier the technology was employed for high-end cars to provide better comfort. With the increasing focus on safety, the market potential for ADAS has been extended to mid-range cars as well. A major restraint to the market is the additional cost associated with the ADAS. Moreover, the trade war between major automotive export countries such as the US & China, and Japan and South Korea are is also expected to increase the manufacturing cost of the component, which will increase the market value.

To Request a Sample of our Report on Advanced Driver-Assistance Systems (ADAS) Market: https://www.omrglobal.com/request-sample/advanced-driver-assistance-systems-market

The ADAS market is segmented on the basis of technology, system, and vehicle type. By technology, the market is segmented into Cameras, LiDAR, Radar, and Wi-Fi. All these find a significant application in a vehicle. LiDAR technology is widely adopted for the self-driving vehicle by companies such as Google (Waymo) and Tesla, which is expected to provide a significant market growth to the segment. Radar technology is widely used for a short distance and will find significant growth due to the shift from 20s GHz technology to 70s GHz technology in the upcoming period. By vehicle type, the market is segmented into two-wheelers, passenger cars, commercial vehicles, and construction equipment. The passenger vehicle segment is expected to have a major market share along with a considerable growth rate during the forecast period.

(Get 15% Discount on Buying this Report)

A full Report of Advanced Driver-Assistance Systems (ADAS) Market is Available at: https://www.omrglobal.com/industry-reports/advanced-driver-assistance-systems-market

ADAS Market Segmentation

By Technology

· Camera

· LiDAR

· Radar

· WiFi

By System

· Adaptive Cruise Control (ACC)

· Intelligent Park Assist (IPA)

· Electronic Stability Control (ESC)

· Automatic Emergency Braking (AEB)

· Blind Spot Detection (BSD)

· Driver Monitoring System (DMS)

· Forward Collision Warning (FCW)

· Lane Departure Warning (LDW)

· Night Vision System (NVS)

· Pedestrian Detection System (PDS)

· Other (Cross Traffic Alert, Road Sign Recognition, Adaptive Front Light)

By Vehicle Type

· Two-Wheeler

· Passenger Cars

· Commercial Vehicle

· Construction Equipments

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Company Profiles

· AImotive GmbH

· Aisin Seiki Co., Ltd

· Ambarella Inc

· Aptiv PLC

· Autoliv Inc

· Blackberry Ltd.

· Cognitive Technologies Inc.

· Continental AG

· Denso Corp.

· Ficosa International SA

· HELLA GmbH & Co. KGaA

· Hitachi Automotive Systems, Ltd.

· Hyundai Mobis Co Ltd

· Infineon Technologies AG

· Intel Corp.

· Magna International Inc.

· NVIDIA Corp

· Robert Bosch GmbH

· Samsung Electronics Co., Ltd.

· Valeo SA

· Velodyne Lidar

· ZF Friedrichshafen AG

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.