Advanced driver assistance systems are that
systems which support, complement, or substitute the driver of a vehicle. Such
systems support the drivers to avoid collisions and crashes. Moreover, it is a
combination of systems that are used in vehicles to serve an intelligent and
contented operating experience. They use cameras and radar to support the
drivers by serving real-time knowledge about the environments. Furthermore, the
ADAS is permitting the way towards autonomous vehicles. In the Asia-Pacific
region the market of ADAs is projected to observe a substantial and speedy
growth over the next decade because of the numerous improvements in its main
economies, especially the market in China. The market of ADAS in Asia Pacific
region is divided into three primary sector based on sensor, vehicle and
components. Not only has this, on the basis of sensors, the market is split
into radar, image and other sensors such as infrared, laser sensors and
ultrasonic while, based on the vehicle it is divided into passenger and
commercial vehicles. With the attractive applications and classifications, the
market of advanced driver assistance systems will rise more actively during the
reviewed period in the Asia Pacific region.
According to the report analysis, ‘Asia-Pacific
Advanced Driver Assistance Systems (ADAS) Market (2018-2023)’ states that some of the major key
players which are presently functioning in this market with the support of new
and innovated equipment for attaining the huge market share in Asia Pacific
region includes Continental AG, Autoliv Inc., Delphi Technologies, Bosch, BMW
AG, Aisin Seiko Co., Denso Corporation, Magna International, Ford Motor Company
and several others. Moreover, combination of systems are the profound of
next-generation automotive electronic protection systems and autonomous cars. A
vehicle's ADAS can perceive objects, alert the driver of dangerous
circumstances or impending danger. The Asia-Pacific ADAS market is anticipated
to reach USD 9.69 Billion by 2023 with a CAGR of 28.6% during the period of
2018-2023. Furthermore, on the basis of components, the market of ADAS is
divided into blind spot detection (BSD), adaptive cruise control (ACC),
autonomous emergency braking (AEB), tire pressure monitoring (TPM), lane
departure warning (LDW) and several others such as forward collision warning,
head-up display, driver monitoring systems and few more.
In China, not every ADAS technology will
observe a significant growth in the near future. Some systems such as night
vision, driver monitoring, multi-view systems, intelligent speed adaptation and
night vision are predicted to display nonaggressive growth in the near future.
Whereas, the implementation of ADAS applications such as ACC, BSD, LDW and
night vision are prominent to decrease in the number of crashes. The increasing
requirement for a safe dynamic environment has led to the ultimatum for comfort
driving among people. Increasing per capita income and government protection
guidelines are also underwriting to the growth of the safety systems in the
automotive industry. Therefore, in the near future, it is expected that the
market of advanced driver assistance system will rise more actively over the
recent few years with the significant investment by the new investors for more
developments in the technology.
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