Global Advanced Driver Assistance Systems Market to Reach USD 60.14 Billion by 2020 - Analysis, Opportunities & Forecast 2015-2020

07 Dec, 2015, 05:00 ET from Research and Markets

DUBLIN, December 7, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/7tdjtm/global_advanced) has announced the addition of the "Global Advanced Driver Assistance Systems (ADAS) Market (Component and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020" report to their offering. 

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Benefits of this Report: 

  • The report provides an in depth analysis of the ADAS market and offers current and future trends to identify lucrative investment pockets in the market
  • The report identifies the key drivers, opportunities and restraints which shape the market and provides an impact analysis for the forecast period
  • Porter's five forces analysis provides a clear idea regarding the potency of the buyers and the suppliers participating in this market. This would further render a competitive advantage to the stakeholders
  • Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends in order to gain a stronger foothold in the market

A new report titled, "Global Advanced Driver Assistance Systems Market Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 - 2020", The Global Advanced Driver Assistance Systems (ADAS) market would garner $60.14 billion by 2020, registering a CAGR of 22.8% during 2014 - 2020. The deployment of sensors in vehicles has brought a massive transformation in the automotive industry by providing improved passenger experience and safety.

Key Findings: 

  • The Global ADAS market would grow at a promising rate across developing countries like China, India and Japan, during the forecast period (2014 - 2020)
  • The cost effectiveness and easy availability of the Ultrasonic sensors would make the segment grow at the fastest CAGR of 24.3% during 2014 - 2020
  • Tire Pressure Monitoring System and Drowsiness Monitoring System segments are anticipated to show tremendous growth
  • Increasing purchasing power and supportive government initiatives would foretell remarkable growth for Asia-Pacific market
  • Europe would continue to dominate the market throughout the forecast period due to the stringent government regulations

Companies Mentioned:  

  • Magna International Inc.
  • Autoliv Inc.
  • Continental AG
  • Robert Bosch GmbH
  • Valeo
  • Denso Corporation
  • General Motors (GM)
  • Fords Motor Co.
  • BMW AG
  • Audi AG

Report Structure:

CHAPTER 1 INTRODUCTION 

CHAPTER 2 EXECUTIVE SUMMARY 

CHAPTER 3 MARKET OVERVIEW 

CHAPTER 4 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET BY COMPONENT 

CHAPTER 5 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET BY GEOGRAPHY 

CHAPTER 6 COMPANY PROFILE

For more information visit http://www.researchandmarkets.com/research/7tdjtm/global_advanced

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