DALLAS, June 22, 2015 /PRNewswire/ --
New Market Research on Global & China Advanced Driver Assist Systems (ADAS) Industry, 2015 says global advanced driver assistance systems market has grown substantially in recent years to about USD 4.3 billion in 2014.
Complete report on advanced driver assist systems (ADAS) market spread across 110 pages, talking about 20 companies and supported with 71 charts is now available at http://www.rnrmarketresearch.com/research-on-global-china-advanced-driver-assist-systems-adas-industry2015-market-report.html .
Currently most major ADAS technologies are attracting less than 10% penetration rates, but in the near future, park assist system (PAS), lane departure warning system (LDWS) and Blind-Spot Detection (BSD) would be the first three ADAS applications to reach more than 10% penetration rates. In terms of geographies, in 2014 the largest penetration rates of ADAS market was still in Europe with a penetration rate of around 9.86%.
Globally, ADAS market manufacturers are concentrated in Europe, America and Taiwan. Denso, Delphi, Bosch and Continental are the leaders in this market. Leading manufacturers mainly invest in ACC and BSD, while Hella spend the most on BSD. In 2014, Continental ranked 1st in the global ADAS market with a market share over 17%. The before market of Chinese ADAS market has come up in recent years. Currently all major automobile companies have models equipped with ADAS. Most of the automobile joint ventures in China are still using foreign companies' mature technologies. In 2014, the market size of Chinese ADAS market was about USD 1200 million, within which LCA and PAS obtained the highest configuration rate.
Companies discussed in this advanced driver assist systems market (ADAS) 2015 research report include Mobileye, TI, Renesas, Freescale, WABCO, Autoliv, Continental AG, Robert Bosch, Delphi, Denso, Hella, TRW, Valeo, INVO Automotive Electronics, aidriving, Hirain Technologies, Jinheng Automotive Safety System, SAFDAO, Percherry and BYD. Order a copy of market report titled Research on Global & China Advanced Driver Assist Systems (ADAS) Industry, 2015 at http://www.rnrmarketresearch.com/contacts/purchase?rname=392987 .
In recent years some traditional automotive electronics manufacturers in China have introduced their own ADAS products, but most of these products are aimed at aftermarket, with only 4 of them entering the before market. INVO Automotive Electronics is a leading ADAS manufacturer in China. More than 60% of its revenue comes from LDW & anti-collision products. INVO is the LDW supplier of Changan Automobile and BAIC Motor and the Panorama Assist supplier of GAC Group.
Partial list of Charts provided in this advanced driver assist systems market (ADAS) research report includes:
2010-2019 ADAS Demand-Sensors Level
2010-2019 ADAS Demand-Semiconductor Level
Layout of Major Chips/SOC Manufacturers
2012-2019 Market Size of Chinese ADAS Market
Major Technological Solutions of ADAS System
2010-2017 ADAS Market Size Worldwide
2010-2016 Penetrance of Major ADAS Systems Worldwide
2014 ADAS Configuration Rate by Region
Major Sensor-based ADAS System Integrators Worldwide
Key Investment Fields of Major Foreign ADAS Manufacturers
Matching Status of Major ADAS Manufacturers
In another research, analysts forecast the global ADAS market to grow at 24.97% CAGR to 2019 and segment the market into 7 categories: Tire pressure monitoring system (TPMS), park assistance system (PAS), adaptive cruise control (ACC), blind spot detection (BSD), night vision system (NVS), lane departure warning system (LDWS), and others (including adaptive front lighting, drowsiness monitor, forward collision warning, head-up display, and driver monitoring systems). The research report titled Global ADAS Market 2015-2019 is spread across 109 pages and covers information on covers Europe, North America, the APAC region, and the ROW; it also covers the Global ADAS market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Increased demand from the developing countries for night vision systems and blind spot detection in vehicles is one of the key trends being observed in this market. Improved economic conditions in these countries, growing safety concerns among consumers, and increased road accidents as a result of poor visibility at night, while changing lanes, or merging with traffic have increased the demand for ADAS. ADAS manufacturers such as Continental, Robert Bosch, and Autoliv are collaborating with OEMs to develop and manufacture low-cost ADAS for low-cost and compact vehicles. A consistent increase in the demand for compact and mid-sized vehicles equipped with advanced safety features in emerging markets such as India and China is also expected to propel the growth of the market during the forecast period. To define the market conditions in the next 3-4 years, analysts for this report titled Global ADAS Market 2015-2019 have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
The Global ADAS Market 2015-2019 report mentions companies like Continental, Delphi Automotive, Denso, Magna International, Robert Bosch, Valeo, Aisin Seiki, Autoliv, Ficosa International, FLIR Systems, Freescale Semiconductor, GENTEX, Hella KgaA Hueck & Co., Hitachi, Hyundai Mobis, Infineon Technologies, Mando, Mobileye, Renault Group, Renesas Electronic, Texas Instruments, TRW Automotive Holdings and WABCO Holdings. Order a copy of Global ADAS Market 2015-2019 research at http://www.rnrmarketresearch.com/contacts/purchase?rname=349185 .
On the same lines, RnRMarketResearch.com also offers a third market research titled Global and China Advanced Driver Assistance System (ADAS) Industry Report, 2014-2015 that says ADAS has been among the fastest growing field in automotive market and is expected to register a CAGR of 34% during 2013-2017. Currently, developed countries in Europe and America have had nearly 8% of new vehicles equipped with ADAS, compared to merely about 2% in emerging markets. It is predicted that 50% of new vehicles will carry ADAS by 2022 globally. By region, Continental AG, Delphi and Denso Corporation are system integrators holding the highest market share in Europe, America and Asia, respectively. Globally, Continental AG boasts the largest market share, as well as No. 1 as concerns researchers and capital investment in ADAS and automated driving technology. World's top 5 system integrators make up more than 65% of market share, with the remaining occupied by Valeo, TRW, Magna, Hella, Panasonic, Gentex, etc. Compared with passenger vehicles, the system integrators that supplying ADAS for commercial vehicles are highly concentrated, with WABCO, Continental AG and Bosch making up 60% global market share. Read more on this report at http://www.rnrmarketresearch.com/global-and-china-advanced-driver-assistance-system-adas-industry-report-2014-2015-market-report.html .
Explore more research reports on automotive technology market at http://www.rnrmarketresearch.com/reports/automotive-transportation/automotive/automotive-technology .
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