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Driver Assistance System Market Expanding at a Stable CAGR of 22.90% from 2016 to 2027,Key Players, market overview and Forecast to 2027

Tuesday, October 18, 2016 5:50
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(Before It's News)

Target Audience:

  • Research Organizations
  • Automotive industries
  • Investment firms
  • Corporate
  • Cloud service vendors
  • Government Agencies
  • OEMs

 

Driver Assistance System Market to Provide over USD 11.66 Billion revenue post 2016

Market research future published a cooked research report on driver assistance system market. The global market for driver assistance system market is expected to grow over the CAGR of 22.90% during the period 2016 to 2027 from USD 11.66 billion in 2016.

Key Finding:

  • The global driver assistance system market is expected to reach $112.69 billion by 2027.
  • Adaptive cruise control (ACC) has accounted for the largest market share registering 18.34% of market share in 2015.
  • Regionally, Europe holds the largest market share 23.67% of global driver assistance system market and is expected to reach $45.16 billion by 2027 from $3.39 billion in 2015.
  • Asia Pacific market is expected to be the fastest growing market, and expected to grow at a CAGR of 22.35% from 2016 to 2027
  • On the basis of technologies, Ultrasonic Sensors is growing with a CAGR of 23.62% from 2016 to 2027.

 

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Market Highlights

The Global Driver Assistance System market has been evaluated as growing market and expected that the market will touch high growth figures. In last decade business analytics developers have found various types of automotive services for assisting driver while driving. This has shifted the momentum of the driver assistance system market there by boosting the revenues with the growth rate of over 22.90% from 2016 to 2027.

Key Players

The major participants of this market are

  • Delphi Automotive Plc.,
  • Gentex Corporation,
  • Autoliv Inc.,
  • Continental AG,
  • Hitachi Ltd,
  • Magna International,
  • Robert Bosch Gm

 

Driver Assistance System Market:

Driver assistance system helps in minimizing road accidents or casualties as well as can take care of pedestrian safety. It also provides assistance in parking management, navigation or drowsiness monitoring among others.

The technologies such as ultrasonic, radar, image and IR sensors have been included in the vehicle to provide various services such as 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 among others.

 

Segments

Global Driver Assistance System Market has been segmented on the basis of types which include

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. Furthermore,

Based on technologies the market is segmented into Ultrasonic sensors, Image sensors, Radar sensors, Lidar sensors, and IR sensors among others

 

Market Research Analysis:

Increasing government regulations such as mandating usage of driver assistance systems in the vehicle and emerging high end vehicles market in developing countries has an important quotient in the growth of driver assistance system market. In the coming years, it is expected that the driver assistance system market will advance with higher growth rate as compared to previous years. The current challenges for the market are training the professionals on the software due to its complex and expensive features. Therefore, steadily changing process of manual workflow to digital workflow, will result in long-term benefit when the advance features of driver assistance system services are implemented and would be used on regular basis by various industries.

Browse full report with in-depth TOC @ https://www.marketresearchfuture.com/reports/global-driver-assistance-system-market-research-report-forecast-to-2027

 

Table of Content

1. Report Excerpt    
2    Global Driver Assistance System Market: Introduction    
3    Global Driver Assistance System Market: Research Methodology    
4    Global Driver Assistance System Market: Market Dynamics    
4.1    Drivers    
4.2    Restraints    
4.3    Opportunities    
5    Global Driver Assistance System Market: Market factor analysis    
5.1    Value chain analysis    
5.2    Porters five forces    
5.2.1    Threat of new entrants    
5.2.2    Supplier’s power    
5.2.3    Threat of substitutes    
5.2.4    Buyer’s power    
5.2.5    Degree of competition    
6    GLOBAL DRIVER ASSISTANCE SYSTEM MARKET: MARKET VALUE FORECAST (2016-2027) ($ BILLION)    
7    Global Driver Assistance System Market: By Types    
7.1    Introduction    
7.2    Market size (sub segments)    
7.2.1    Adaptive Cruise Control (ACC)    
7.2.2    Lane Departure Warning (LDW) system    
7.2.3    Park Assist    
7.2.4    Drowsiness Monitoring System    
7.2.5    Blind Spot Detection (BSD) System    
7.2.6    Night Vision    
7.2.7    Tire Pressure Monitoring System (TPMS)    
7.2.8    Adaptive Front Lighting    
7.2.9    GPS Navigation system    
7.2.10    Other    
8    Global Driver Assistance System Market, by Region    
8.1    Introduction    
8.2    North America    
8.2.1    US    
8.2.2    Mexico    
8.2.3    Canada    
8.3    Europe    
8.4    Asia-Pacific    
8.4.1    China    
8.4.2    Japan    
8.4.3    South Korea    
8.4.4    India    
8.5    Rest of the World (ROW)    
8.5.1    Brazil    
8.5.2    Russia    
9    Global Driver Assistance System Market: By Technologies    
9.1    Introduction    
9.2    Market size (sub segments)    
9.2.1    Ultrasonic Sensors    
9.2.2    Image Sensors    
9.2.3    RADAR Sensors    
9.2.4    Other Sensors    
10    Global Driver Assistance System Market: Competitive landscap

Continued….

 

List of Table

TABLE 1    Market Factor analysis    
TABLE 2    GLOBAL driver assistance system MARKET, Y-O-Y GROWTH PROJECTIONS 2016-2027, ($ bILLION)    

TABLE 3    GLOBAL driver assistance system MARKET, by types  2016-2027, ($ MILLION)    
TABLE 4    ACC driver assistance system MARKET, by region 2016-2027, ($ MILLION)    
TABLE 5    LDWS driver assistance system MARKET, by region 2016-2027, ($ MILLION)    
TABLE 6    Park assist driver assistance system MARKET, by region 2016-2027, ($ MILLION)    
TABLE 7    Drowsiness monitoring driver assistance system MARKET, by region 2016-2027, ($ MILLION)    
TABLE 8    Blind spot detection driver assistance system MARKET, by region 2016-2027,  
TABLE 9    Night vision driver assistance system MARKET, by region 2016-2027, ($ MILLION)    
TABLE 10    TPMS assistance system MARKET, by region 2016-2027,  ($ MILLION)    
TABLE 11    Adaptive front lighitng driver assistance system MARKET, by region 2016-2027,
TABLE 12    GPS navigation driver assistance system MARKET, by region 2016-2027,
TABLE 13    Global driver assistance system MARKET, by region 2016-2027, ($ MILLION)    
TABLE 14    North america driver assistance system MARKET, by country 2016-2027,    
TABLE 15    Europe driver assistance system MARKET, by country 2016-2027, ($ MILLION)    
TABLE 16    Asia-pacific driver assistance system MARKET, by country 2016-2027, ($ MILLION)    
TABLE 17    DRIVER ASSISTANCE SYSTEMS TYPES WITH POSSIBLE SENSOR TECHNOLOGIES    
TABLE 18    DRIVER ASSISTANCE SYSTEMS: ADVANTAGES & DISADVANTAGES OF SENSORS    
TABLE 19    Global DRIVER ASSISTANCE SYSTEM MARKET, BY Technology 2016-2027,
TABLE 20    Ultrasonic Sensors DRIVER ASSISTANCE SYSTEM MARKET, BY Region 2016-2027,    
TABLE 21    Radar Sensors DRIVER ASSISTANCE SYSTEM MARKET, BY Region 2016-2027,    
TABLE 22    Others (Lidar sensors and IR sensors) DRIVER ASSISTANCE SYSTEM MARKET, BY Region 2016-2027,
TABLE 23    MERGERS & ACQUISITIONS, 2012 – 2016

 

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List of Figures

FIGURE 1    Research Process    
FIGURE 2    Driver Assistance System MARKET FORECAST Indicators    
FIGURE 3    Driver Assistance System MARKET Growth drivers    
FIGURE 4    Driver assistance system: value chain analysis    
FIGURE 5    Driver assistance system: porter’s five forces analysis    
FIGURE 6    Global driver assistance system MARKET 2016-2027,  ($ million)    
FIGURE 7    Global driver assistance system MARKET, by types 2016-2027, ($ million)    
FIGURE 8    Working stages in Adaptive cruise control    
FIGURE 9    Functioning of Lane departure warning system    
FIGURE 10    Operational Park assist system    
FIGURE 11    Functioning of Drowsiness monitoring    
Figure 12    Functioning of Blind spot detection    
FIGURE 13    Driver Assistance System Market: Global Market Share    
FIGURE 14    Driver Assistance System Market: Global Market by Region    
FIGURE 15    Driver Assistance System Market: North America Market Share    
FIGURE 16    Driver Assistance System Market: North America Market    
FIGURE 17    Driver Assistance System Market: Europe Market Share    
FIGURE 18    Driver Assistance System Market: North America Market    
FIGURE 19    Driver Assistance System Market: Asia-Pacific Market Share 

 

Reasons to Purchase this report:

From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the  Driver Assistance System Market.  high-growth regions, and market drivers, restraints, and opportunities.

 

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

 

Related Report

Global Bluetooth in Automotive Market Research Report – Forecast to 2027

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Ruwin Mendez

Market Research Future

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Magarpatta Road, Hadapsar,

Pune – 411028

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+1 (339) 368 6938

Email: sales@marketresearchfuture.com

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