BIS Research - Emerging Technology Market Intelligence

ADAS and Autonomous Driving Components Gaining Momentum with the Rise in the Number of ADAS Vehicles

Oct 11, 2017 7:18:30 AM / by BIS Research posted in adas market analysis, adas market forecast, ADAS Market, ADAS market size, adas system, advanced driver assistance system, advanced driver assistance systems market, autonomous driving market size, Automotive, Autonomous Driving Components Market, global adas market

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The technological advancements in the automotive industry are increasing in number with every step towards the future. The consumer preference is rapidly shifting towards products that provide luxury, safety, and comfort. Advanced Driver Assist Systems (ADAS) has gained traction over the last 2-3 years, with the European Union and the United States making it mandatory for all the vehicles in the respective regions to be equipped with autonomous emergency-braking systems and forward-collision warning systems by 2020. Governments of developed economies are focusing on crash avoidance rather than crash survival, hence, stringent regulations are being made to tackle the rising number of accidents.

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ADAS To Ease Up Driving As The Global ADAS Market Set To Accelerate

May 5, 2017 5:58:46 AM / by BIS Research posted in Commercial Vehicle ADAS Market, Commercial Vehicle Market, ADAS, ADAS Commercial Vehicles Market, ADAS Commercial Vehicles Market Forecast, ADAS Market, Advanced Driver Assistance System Market, Automotive, Commercial Vehicle ADAS Market Research, Global ADAS for Commercial Vehicles Market, Global ADAS Commercial Vehicles Market, Global ADAS Commercial Vehicles Market Analysis, Global Advanced Driver Assistance System Market, Global Commercial Vehicle ADAS Market, Global Commercial Vehicle ADAS Market Report

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The dynamic automotive industry is undergoing myriads of transformation and the increasing demand for autonomous or driverless vehicles has propelled the growth of the industry. Since the introduction of low cost and compact size sensors in the automotive industry, the emerging technologies have gained momentum significantly, especially the Advanced Driver Assistance System (ADAS), which is growing at a constant pace. Original equipment manufacturers (OEM) are taking heed of the regulations and safety rating, which has consequently influenced the research and development in the industry. Moreover, rising awareness about driver safety among the populace is helping in widespread application of ADAS system in vehicles.

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