Advanced driver assistance systems (ADAS) navigation is electronic components installed in vehicles, which helps for an intelligent driving experience to the driver. Modify structures may provide adaptive cruise control, automate lighting incorporate GPS/ traffic warnings, automate braking, alert driver to other cars or dangers, and preserve the driver in the correct lane.
Arranging ADAS to improve comfort levels and ensure safety and security on road is the majorly developing trend within the automobile sector.
This report handles the ADAS navigation market scene based on various parameters like, type, user Vehicle type, Sensor Type, Generation and module. On the basis of vehicle type, ADAS navigation market was divided into two different aspects such as passengers, light commercial vehicle and heavy commercial vehicle. By sensor type which is divided into many parts such as image sensors, RADAR sensors, laser sensors, ultrasonic sensors, infrared sensors and others. ADAS navigation market is also divided into different generation also such as first generation active tags, second generation active tags and third generation active tags. ADAS navigation market finds use in module, Adaptive Cruise Control System (ACC) Parking Assist/ Automated Parking System (PA), Blind Spot Detection (BSD), Lane Departure Warning System/ Lane Change Assistance System (LDWS), Forward Collision Mitigation System (FCMS), Automatic Emergency Braking (AEB), Traffic Sign Recognition System, Pedestrian Protection System and others. ADAS navigation market is forecasted to grow at a CAGR of xx% from 2017 to 2023.
The global ADAS navigation market is also classified on the basis of different geographic regions. Americas is the biggest contributor to the global market revenue at xx%, while APAC is a close second at xx% on account of rapidly expanding applications in the developing economies in the region. Europe is third at xx% while RoW is the last at xx%.
Sample Companies profiled in this report are:
- Aisin Seikei,
- Robert Bosch AG,
- Denso Corp,
- Omron Corp
- TRW Automotive.
This was followed by market revenue of various vehicle types of market, by region tunneling into the process type present in those regions. Further by bottom up approach the market size was estimated and forecast was done for the required period. The data and supporting insights so mined were validated by primary research process by various manufacturers, distributors, suppliers, regulatory bodies and associations.