Automotive ADAS Component Market: Top Key Vendors, Segmentation, And SWOT Analysis By 2019 - 2027
Automotive ADAS Component : Introduction Penetration of ADAS (Advanced Driver Assistance Systems) technology is rapidly increasing in the field of automotive electronics. Increased awareness about road and traffic safety across the globe is a key factor boosting the demand for ADAS. Primarily, vehicles with ADAS components help detect certain obstacles, alert the driver of hazardous road conditions, and in some cases, ADAS components help stop or decelerate the vehicle. Integration of ADAS components in the vehicle not only to improves the safety of the passenger and the vehicle, but also helps improve the overall user experience. Key Drivers of Global Automotive ADAS Component Market Rise in demand for a safe and convenient driving experience is likely to boost the automotive ADAS component market across the globe. Increase in demand for luxury vehicles that contain major advance drive assist system functions including adaptive cruise control and pedestrian detection ...