. It provides full safety and assistance to the car driver which eases the process of driving. ADAS offers various features such as lane departure warning, blind spot detection, cruise control, park assistance, adaptive front lighting system, and so on. Continuous rise in the level of vehicle automation, as well as technological advancement created demand for self-driving cars over the last few years. ADAS technologies such as drowsiness monitoring system, night vision, and roadside recognition have also accelerated the growth of advanced driver assistance market. Additionally, tyre pressure monitoring system has accelerated the overall market growth owing to its easy market availability and low prices. However, adaptive cruise control provides better driver safety and reduces the probability of accidents, thus, the demand for these intelligence systems is expected to show a hike in near future.
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There are various companies involved in the ADAS market such as Autoliv Inc., Continental AG, Ford Motors Co., General Motors, HELLA GmbH & Co. KGaA, Magna International Inc., Robert Bosch GmbH, Valeo SA, and ZF Friedrichshafen AG. These companies are focused on developing AI management solutions to stay competitive in the market. Geographical expansion, merger and acquisition, finding a new market or innovate in their core competency in order to expand individual market share are the key strategies adopted by major market players.
full report of Advanced Driver Assistance System (ADAS) Market available @ https://www.omrglobal.com/industry-reports/advanced-driver-assistance-system-market
- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
The Report automotive HUD Market – Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers:
- Comprehensive research methodology of the global ADAS market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global ADAS market.
- Insights about market determinants which are stimulating the global ADAS
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive company profiles and recent developments of market players.
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