The Advanced Driver Assistance Systems (ADAS) Market in Asia-Pacific (2018-2023) Featuring Continental, Autoliv, Delphi Technologies, Bosch, BMW, Aisin Seiko, and more - ResearchAndMarkets.com

The "Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market (2018-2023)" report has been added to ResearchAndMarkets.com's offering.

The Asia-Pacific ADAS market is expected to reach USD 9.69 billion by 2023 with a CAGR of 28.6% during 2018-2023.

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 the safety of the driver 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 the number of accidents. The growing need for a safe driving environment has led to the demand for comfort driving among people. Rising per capita income and government safety regulations are also contributing to the growth of the safety systems in the automotive industry.

The growth of the ADAS market is currently hindered by the growing incidence of software failures in sensors coupled with the high cost of these systems that have acted as major restraining factors for the wide acceptability of these systems. In the rapidly growing vehicle automation and ADAS market, the big challenge is to improve system accuracy and performance without hiking the price.

In China, not every ADAS technology will experience significant growth in the near future. Some systems like night vision, driver monitoring, multi-view systems, intelligent speed adaptation and night vision are anticipated to display restrained growth in the coming years.

Key Players Profiled

  • Continental AG
  • Autoliv Inc.
  • Delphi Technologies
  • Bosch
  • BMW AG
  • Aisin Seiko Co.
  • Denso Corporation
  • Magna International
  • Ford Motor Company

Topics Covered

Chapter 1. Executive Summary

Chapter 2. Asia-Pacific ADAS Market Overview

Chapter 3. Country-Wise Market Overview

Chapter 4. Asia-Pacific Segment Overview

Chapter 5. China - by Segment

Chapter 6. Japan - by Segment

Chapter 7. India - by Segment

Chapter 8. Rest of APAC - by Segment

Chapter 9. Competitive Landscape

Chapter 10. Conclusion and Outlook

For more information about this report visit https://www.researchandmarkets.com/research/2r95hh/the_advanced?w=4

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Related Topics: Automotive Safety

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