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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Advanced Driver Assistance System Market is expected to show significant growth by 2025
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Europe Advanced Driver Assistance System Market account for a significant share over the projected timeframe owing to the supporting government initiatives including EuroNCAP, promoting the mandatory fitment of active safety features in automobiles. Moreover, the fitment of multiple ADAS systems in vehicles including drowsiness and attention detection, lane keeping assist, emergency stop signal, reversing camera, and detection system, among others by 2021 will further support industry expansion over the forecast timeframe. Europe Advanced Driver Assistance System Market The PCV segment is expected to showcase substantial growth with increasing installation of driver assistance systems to reduce fatalities. Surging disposable income is significantly contributing towards proliferating sales of premium and luxury vehicles equipped with electronic & safety systems. Moreover, the growing demand for compact cars featuring standard ADAS technologies will further boost industry penetration over the projected timeframe. The image sensors segment will augment the industry size owing to the development of computer vision analysis systems with effective object identification technologies. Increasing application of image sensors including auto high beam, night vision, blind spot detection, lane departure warning systems and surround view systems will support the industry size. Industry Overview
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Autonomous park assist segment will witness potential growth prospects owing to their lower cost and easier installation. Enhanced capability to detect objects in the vicinity of vehicles, is further easing the car parking process. Moreover, the availability of a wide range of alternatives both at the OEM and aftermarket levels across different price range will further support industry proliferation over the study timeframe. The growing vehicle demand owing to the higher per capita income and rising economic conditions is augmenting vehicle production globally. Increasing demand for luxury vehicles with standard fitment of ADAS technologies is strengthening the advanced driver assistance system market share. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report Of Advanced Driver Assistance System Market @ http://bit.ly/2GjW5Kqhttp://bit.ly/2GjW5Kq Request for a Sample of this Research report @ http://bit.ly/2xXyGd6 http://bit.ly/2xXyGd6
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Europe advanced driver assistance system market will account for a significant share over the projected timeframe owing to the supporting government initiatives including EuroNCAP, promoting the mandatory fitment of active safety features in automobiles. Moreover, the fitment of multiple ADAS systems in vehicles including drowsiness and attention detection, lane keeping assist, emergency stop signal, reversing camera, and detection system, among others by 2021 will further support industry expansion over the forecast timeframe. The advanced driver assistance system market share is highly competitive owing to the presence of key players including Bosch Group, Texas Instruments, Autoliv AB, Continental AG, and ZF TRW. The other players include Aisin Seiki Co. Ltd., Delphi Technologies, Denso Corporation, Joyson, and Harman International. Improvements in product design, configuration, and after-sales services are the major concerning areas for industry players. Continue…
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