DUBLIN, June 20, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Vehicle Intelligence Systems Market by Road Scene Understanding, Advanced Driver Assistance & Monitoring, Component, Vehicle Type, and by Region - Industry Trends and Forecast to 2021" report to their offering.

The report covers two major vehicle categories for vehicle intelligence systems that is, passenger cars and commercial vehicles. Changing consumer preferences and growing safety and environmental concerns have played a crucial role in the evolution of automobile safety. The demand for passenger cars is influenced by economic conditions, changing government policies, and inflation levels.

Owing to the high integration cost, vehicle intelligent systems are predominantly found in premium or luxury cars. However, the commercial vehicle segment is expected to offer promising growth opportunities.

Advanced driver assistance and driver monitoring systems constitute the largest segment of the vehicle intelligence systems market. This segment includes systems such as adaptive cruise control, blind spot detection, park assist, traffic jam assist, and drowsiness warning/alertness sensing.

The park assist segment is estimated to occupy the largest share of the advanced driver assistance and driver monitoring systems market. The low cost of the system has enabled it to be integrated in all vehicle segments. The adaptive cruise control segment is projected to register the highest CAGR, owing to the increasing demand for an enhanced driving experience.

The Asia-Oceania market for vehicle intelligence systems is expected to grow at a promising CAGR during the forecast period. The region comprise countries such as China, India, Japan, and South Korea, which have been considered for the study. China and India are estimated to account for more than 30% of the global vehicle production. Additionally, Japan and South Korea are technologically advanced nations.

Companies Mentioned:

• Autoliv Inc.
• Continental AG
• Delphi Automotive PLC
• Denso Corporation
• Infineon Technologies AG
• Magna International Inc.
• Mobileye NV
• Robert Bosch GmbH
• Valeo SA
• Wabco Holdings Inc.
  

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insight

5 Market Overview

6 Global Vehicle Intelligence Systems Market,By Road Scene Understanding

7 Global Vehicle Intelligence Systems Market, By Advanced Driver Assistance and Driver Monitoring

8 Global Vehicle Intelligence System Market,By Component

9 Global Vehicle Intelligence Systems Market,By Vehicle Type

10 Global Vehicle Intelligence Systems Market, By Region

11 Competitive Landscape

12 Company Profiles

13 Appendix

For more information visit http://www.researchandmarkets.com/research/kc5p4m/vehicle

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SOURCE Research and Markets