World ADAS Market to Enjoy Robust Growth, Says Koncept Analytics in Its New Research Report Now Available at MarketPublishers.com22 Nov 2016 • by Natalie Aster
LONDON – The automotive sector has witnessed numerous remarkable technological developments. Modern systems use signals from a broad range of sensors like infrared cameras, radars, LIDAR, ultrasonic and vision around the vehicle to support a driver.
Novel systems called advanced driving assistance system (ADAS) are electronic devices, working for a driver in certain driving conditions by focusing on safety aspects as well as on enhancement of driving comfort.
Present day cars are equipped with a great number of advanced driver assistance systems, which helps a driver in parking and driving situations, for instance lane departure warning, advanced cruise control, parking assistance, automatic braking sensors, etc.
The world ADAS market is predicted to witness new innovations in the upcoming years. Robust growth in this market will be encouraged by rising safety and driving assistance need, increasing purchasing power, escalating incomes, enhancing awareness, inclusion of ADAS in novel car assessment programs, changing lifestyles and rising adoption rate of vehicle safety technologies.
On the background of rising concerns related to automotive safety amid passengers propelling strong demand for ADAS, governments across different regions have mandated the use of ADAS in vehicles.
However, the ADAS market growth could be hampered by certain environmental factors, complexity in the features of ADAS, and also some validating and testing hurdles.
The new research publication “Global Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry Analysis & Outlook (2016-2020)” by Koncept Analytics comprises a detailed guide to the world’s ADAS market landscape. It presents top-level reliable info on the market performance at different geographical scales, touches upon important factors and burning issues, reviews key competitive pressures, identifies lucrative growth areas and gives data on existing and emerging technologies. The report contains info on top players, examines major factors shaping the market and also features key regulative initiatives. Additionally, a future outlook for the ADAS market is at hand.
More in-demand research reports by the publisher are offered in the Koncept Analytics catalogue.