1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Advanced Driver Assistance System Market to cross $74.5 Mn by 2025: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Advanced Driver Assistance System Market to surpass USD 74.5 million by 2025; Increasing road safety concerns along with favorable government regulations supporting the installation of safety equipment in vehicles are driving the ADAS market growth over the projected timeframe. For instance, in 2015, the European Union mandated the installation of autonomous emergency braking system and lane departure warning system for all heavy commercial vehicles. Ongoing innovations along with rising investments from manufacturers for enhancing system efficiency and production levels to obtain economies of scale, thereby resulting in lower cost systems for budget cars. Advanced Driver Assistance System Market  Park assist segment will account for a significant share in the ADAS market owing to rising concerns while parking and damages due to human error. Availability of parking sensors at lower cost and ease of retro fitment for vehicles will fuel the segment growth. The vehicle manufacturers are incorporating this technology for ease in parking. For instance, in April 2019, Groupe Renault announced that all new Clio incorporated with easy park assist and 360° camera that guides the driver with a view from above to detect any obstacles around the vehicles. Industry Overview

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Image sensor will witness substantial growth in the business owing to its usage in autonomous park assists, night vision, blind spot detection, and surround view system. The sensor manufacturers are investing in R&D to enhance the image resolution and introducing new platforms in the industry. For instance, in January 2018, ON Semiconductor launched high resolution image sensors scaling from 8.3 MP with low light performance from 4.2 µm pixels. Additionally, higher luxury cars demand with such installed systems will further boost the industry revenue.  Passenger cars accounted for the highest revenue share in the advanced ADAS market and is predicted to continue its dominance over the projected timeframe owing to rising production across the globe.  OEM will dominate the (ADAS) advanced driver assistance systems market share owing to the increasing investments for improving safety of the passengers. Stringent government initiatives mandating the fitment of such systems along with the availability of warranty in-case of replacements is supporting the market demand. Auto makers are offering ADAS units as a standard fitment in their new vehicle models. Continue…

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5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Advanced Driver Assistance System (ADAS) Market, By Vehicle, 2018 & 2025, (USD Million)

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  OEM dominates the advanced driver assistance system market share and is anticipated to continue their dominance over the forecast timeframe with its implementation by automobile manufacturers. Rising preference for safety systems among manufacturers to improve brand identity and ensure vehicle safety will support the system demand. OEMs are focused on strategic partnerships and collaborations with technology providers including sensors and other semiconductor suppliers for increasing their market share.  Europe ADAS market will account for a significant volume share owing to the supporting initiatives including EuroNCAP, promoting the fitment of active safety features in vehicles. The mandatory fitment of multiple ADAS technologies in vehicles will support industry expansion over the forecast timeframe. Additionally, government initiatives to spread awareness regarding ADAS will escalate the industry size.  The key market participants in advanced driver assistance system market includes Autoliv, Continental AG, Texas Instruments, Magna International, and TRW Automotive. Other notable industry participants are Aisin Seiki Co., Delphi, NVIDIA Corporation, NXP Semiconductor Inc, Harman International, Denso Corporation, and Hyundai Mobis. Continue…

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