Globally the market for driver assistance system is increasing rapidly. The major factor that drives the growth of driver assistance system market is growing demand for new and improved technologies for providing safety features in automobile, increasing purchasing power of buyers, and government initiatives of mandating regulations over usage of driver assistance system into automobiles among others.
Global Driver Assistance System Market is expected to grow at the rate of about 22.90% from 2016 to 2027.
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Some of the major players in global driver assistance system market include
Taste the market data and market information presented through more than 40 market data tables and figures spread in 110 pages of the report. Avail the in-depth table of content TOC & market synopsis on “Driver Assistance System Market Research Report- Global Forecast to 2027“
Global Driver Assistance System Market has been segmented as follows:
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 $2.51 billion and is expected to grow over $23.12 billion by 2027. Driver assistance system market in European market is expected to grow at CAGR of 23.67% from $ 4.36 billion in 2016 to $45.16 billion by 2027. The North-America market for Driver Assistance System Market is expected to grow at 22.81% CAGR (2016-2027).
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