Objective of Driver Assistance System Market Study:
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Driver Assistance System Market.
- To provide insights about factors affecting the market growth.
- To Analyze the Driver Assistance System Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by type, technologies and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Driver Assistance System Market.
Market Synopsis of Driver Assistance System Market:
The major growth driver of Driver Assistance System Market includes growing demand for new technologies, new and improved lifestyle, increasing purchasing power of buyers, and improved government approach for automobiles, and passenger safety among others.
Hence the market for Driver Assistance System Market is expected to grow at XX% CAGR (2016-2027).
However, complex and expensive features and requirement of maintenance are the factors which are hindering the growth of Driver Assistance System Market.
Global Driver Assistance System Market can be segmented as follows:
Segmentation by Type: Adaptive Cruise Control (ACC), Lane Departure Warning (LDW) system, Park Assist Drowsiness Monitoring System, Blind Spot Detection (BSD) System, Night Vision, Tire Pressure Monitoring System (TPMS), and Adaptive Front Lighting among others.
Segmentation by Technologies: Ultrasonic sensors, Image sensors, Radar sensors, Lidar sensors, and IR sensors among others.
Regional Analysis of Driver Assistance System Market:
Asia-pacific dominated the Global Driver Assistance System Market with the largest market share due to improving lifestyle and infrastructure in the regional countries, and therefore accounting for $XX million and is expected to grow over $XX billion by 2027. Driver Assistance System Market in European market is expected to grow at CAGR of XX% from $ XX million in 2016 to $XX million by 2027. The North-America market for Driver Assistance System Market is expected to grow at XX% CAGR (2016-2027).
Some of the major players in Global Driver Assistance System Market include Delphi Automotive Plc. (UK), Gentex Corporation (US), Hitachi Ltd (Japan), Magna International (Canada), Robert Bosch Gmbh (Germany), Texas Instruments Inc. (US), and Renesas Electronics Corporation (Japan) among others.
· Hitachi Ltd., one of the leading organizations has announced in May 2016 about its upcoming automotive engineering exposition 2016 where it is going to showcase technologies and product regarding advanced driver assistance systems and automated driving systems.
· Toyota has announced recently in year 2016 about its new lexas and Toyota models which will include Toyota safety senses and will be launch by the end of year 2017.
· North America
· Latin America
· Western Europe
· Rest of Western Europe
· Eastern Europe
· South Korea
· Rest of Asia Pacific
The Middle East& Africa
The report for Driver Assistance System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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