Global Automotive Camera-based ADAS Market 2018-2022
About Global Automotive Camera-based ADAS Market
ADAS essentially consist of sub-systems and features, which work independently or in combination to provide assistance for safety, comfort, and convenience in modern vehicles. Camera-based ADAS use camera technology to capture information from vehicle surroundings and send it to the driver dashboard.
Technavio’s analysts forecast the Global Automotive Camera-based ADAS Market to grow at a CAGR of 18.72% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Automotive Camera-based ADAS Market 2018-2022. To calculate the market size, the report considers the revenue generated from the various end users.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Camera-based ADAS Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Automotive Camera-based ADAS Market.
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is Growing development of V2X technology”
According to the report, one driver that is affecting the market is Reduction in camera prices by achieving economies of scale
Further, the report states that one challenge that is affecting the market is High expense of ADAS