September 19, 2018/Press Release/ResearchByMarkets/— This research report covers the present scenario (with the base year being 2017) and the growth prospects of Global Autonomous Vehicles & ADAS market for 2018-2023.
Advanced driver-assistance systems, or ADAS, are systems to help the driver in the driving process. Autonomous driving is supported by cloud data, car-to-car communication, and car-to-infrastructure communication. In consequence, ADAS systems must link to a vehicle’s communication module directly to enable fully autonomous driving
The race to develop autonomous vehicles (AV) and advanced driver assistance systems (ADAS) is on. Major vehicle original equipment manufacturers and tier-1 suppliers, as well as disruptive newcomers, are accelerating AV and ADAS development efforts to get ahead in the race.
Autonomous driving technology — involving radar, lidar, V2X communication, sensor fusion and deep learning — is drastically different from traditional automotive technology. Moreover, it is safety critical, so any errors could quickly lead to fatal consequences.
Companies would ideally need to road test autonomous vehicles for billions of miles to meet safety standards, but that would require centuries of development time. AV and ADAS development can only be achieved with the speed, economy and precision of computer simulation. Simulation is centrally important in developing autonomous vehicles.Using simulation, engineers can rapidly test thousands of driving scenarios. They can also optimize the performance of sensors and algorithms, accelerating time to market.
Over the next five years, this research report projects that Autonomous Vehicles & ADAS will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Autonomous Vehicles & ADAS market by product type, application, key manufacturers and key regions.
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To calculate the market size, this research report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Adaptive Cruise Control
Blind Spot Detection System
Lane Departure Warning System
Tire Pressure Monitoring System
Autonomous Emergency Braking
Adaptive Front Lights
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Autonomous Vehicles & ADAS consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Autonomous Vehicles & ADAS market by identifying its various subsegments.
Focuses on the key global Autonomous Vehicles & ADAS manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Autonomous Vehicles & ADAS with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Autonomous Vehicles & ADAS submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Ritesh Tiwari, Director