The increasing inclination of consumers toward safety applications that protect drivers and reduces accident risks is fueling the demand for ADAS-based vehicles globally. ADAS systems are equipped with radio communication devices that send messages conveying information about vehicles approaching or following such as their speeds, the sizes, and brake status. It also sends such information to other vehicles that have ADAS systems installed. The innovation of this type of system is helpful in improving passenger experience and comfort and assisting better situational awareness and control to make driving easier and safer. About 90% of road accidents occur due to human errors and ADAS technology will prove to be helpful to prevent these.
The Advanced Driver Assistance System (ADAS) Market is segmented on the basis of product type, Applications, Technology, and region
Major Types of Advanced Driver Assistance System (ADAS) Market covered are:
- Intelligent Park Assist (IPA)
- Adaptive Front Light (AFL)
- Adaptive Cruise Control (ACC)
- Automatic Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Driver Monitoring System (DMS)
- Cross-Traffic Alert (CTA)
- Road Sign Recognition (RSR)
- Night Vision System (NVS)
- Tire Pressure Monitoring System (TPMS)
Major Applications of Advanced Driver Assistance System (ADAS) Market covered are:
- Light Commercial Vehicles
- Passenger Cars
- Buses, and Trucks
Technological advancements in ADAS have played a vital role in market growth. Many different technologies are being integrated with ADAS to monitor the surroundings of vehicles using inputs from multiple sources, such as automotive imaging, LiDAR, radar, V2X (vehicle-to-everything communication), image processing, computer vision, and in-car networking. Companies are enhancing the features and technology implementations in their vehicles to reduce casualty even further. This will open new opportunities and growth avenues for the market.
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