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Europe Advanced Driver Assistance Systems (ADAS) Market to Witness Rapid Development During the Period 2021 to 2026 | Top Key Players – Continental AG, Autoliv Inc., Delphi Technologies

Europe Advanced Driver Assistance Systems (ADAS) Market

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Toronto, Canada: – The report titled Global “”Europe Advanced Driver Assistance Systems (ADAS) Market”” report gives a proper understanding of worldwide industry. Furthermore it also cover-up forecast and analysis for Europe Advanced Driver Assistance Systems (ADAS) market on the global and regional level. The report analyses Europe Advanced Driver Assistance Systems (ADAS) market on basis of its attractiveness and investment feasibility. It also presents proper description of every section and emerging industry trends. This will allow the readers to target Europe Advanced Driver Assistance Systems (ADAS) market product specifications, current competitive players in Europe Advanced Driver Assistance Systems (ADAS) market and the market revenue with profitability. Global Industry Analyze Europe Advanced Driver Assistance Systems (ADAS) Market by its type, competitive players, regions and applications of Europe Advanced Driver Assistance Systems (ADAS) market, forecast up to 2026.

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Top Key players cited in the report: Continental AG, Autoliv Inc., Delphi Technologies, Bosch, BMW AG and others.

Europe advanced driver assistance systems (ADAS) market

ADAS are systems that support, complement or substitute the driver of a vehicle. These systems help drivers to avoid collisions and accidents. It is a set of systems used in vehicles to provide an intelligent and comfortable driving experience. They use radar and cameras to assist the drivers by providing real-time information about the surroundings. ADAS is leading the way to autonomous vehicles. These systems are the foundation of next-generation automotive electronic safety systems and autonomous cars. A vehicle’s ADAS can detect objects, alert the driver of hazardous conditions or impending danger. The Europe ADAS market is expected to reach USD 7.88 Bn by 2023 with a CAGR of 17.2% during 2018-2025.

The market is divided into three primary segments based on vehicle, sensor and component.
Based on vehicle, the market is segmented into passenger and commercial vehicles.
Based on sensors, the market is divided into image, radar, lidar and other sensors (ultrasonic,
infrared and laser sensors).
Based on components, the market is classified into adaptive cruise control (ACC), parking assistance (PA), lane departure warning (LDW), tire pressure monitoring (TPM), blind spot detection (BSD), autonomous emergency braking (AEB) and others (adaptive front lighting, drowsiness monitor, forward collision warning, head-up display and driver monitoring systems).
On the basis of countries, the market is segmented into the European Union Five (EU5) and the Rest of European Union (EU).

Key growth factors

The increasing government initiatives for mandating driver assistance system in order to lower road accidents is expected to proliferate market growth. Higher adoption of these systems in small cars is anticipated to further boost the market demand. Rising levels of technological innovation as well as growing initiatives towards vehicle automation and self-drive cars have raised the demand for driver safety and assistance systems over the past decade. The adoption of ADAS applications such as ACC, BSD, LDW and night vision are leading to reduction in number of accidents. Post the recession period of 2010, with a huge transformation in the automotive industry in Europe, there has been mass adoption and rapid penetration of ADAS by the Original Equipment Manufacturers (OEMs) and customers. Regular upgrading of ADAS technologies facilitate the competitiveness of the automotive market, thereby making it one of the largest markets of the global ADAS industry.

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1. Overview of the global KEYWORD market
2. Market drivers and challenges in the global KEYWORD market
3. Market trends in the global KEYWORD market
4. Historical, current and forecasted market size data for the global KEYWORD market
5. Historical, current and forecasted market size data for the deployment segment which includes cloud, on-premises and hybrid
6. Historical, current and forecasted market size data for the component segment which includes integrated solutions, standalone solutions and services
7. Historical, current and forecasted market size data for the end user industry verticals segment which includes software and technology, media, BFSI, healthcare, and others
8. Historical, current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) market size data for KEYWORD market
9. Analysis of the global KEYWORD market by value chain
10. Analysis of the competitive landscape and profiles of major competitors operating in the market

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6. Recognize the key competitors of this market and respond accordingly
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