Latin America Advanced Driver Assistance System (Adas) Market Forecast 2020-2028

Latin America Advanced Driver Assistance System (Adas) Market Forecast 2020-2028

KEY FINDINGS

The Latin America advanced driver assistance system (ADAS) market is predicted to garner a CAGR of 13.30% during the forecast period. One of the most important drivers of market growth is decreased production costs. The Latin America market is evaluated to record a flat growth rate as a result of political and economic stability and slow growth of the automotive industry. But, the region is actively participating in testing and demonstration of ADAS and autonomous vehicles.

MARKET INSIGHTS

The Latin America ADAS market encompasses countries like Mexico, Brazil, Argentina, and the rest of Latin America. In Argentina, the rising preference and demands for luxury cars and SUVs have led to increased demands for advanced safety systems. Government regulations have also contributed to the increased demands in the country. The automotive sector of the country is one of its important sectors, accounting for its GDP and total industrial production. But, the increasing imports of vehicles from Brazil has made imports more expensive in Argentina, since the vehicle prices have increased in Brazil. Several major players are establishing manufacturing plants in the country. General Motors have invested a considerable amount for its new plant in Rosario, Argentina, for boosting its production. Argentine cut off taxes on new cars in 2015, with an aim to boost car sales in the country. The tax exemption is set to result in a developing market for luxury cars, and subsequently, the ADAS market in the country.
The Latin America market faces market restraint factors like lack of presence of local component manufacturers and lower demand for sensors by the autonomous vehicle manufacturers.

COMPETITIVE INSIGHTS

Some of the leading companies in the market are Hyundai Mobis Co Ltd, Panasonic Corporation, Hella GmbH & Co KGaA, Denso Corporation, Continental AG, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Introduction To Advanced Driver Assistance Systems (Adas)
3.2. Automated Driving: Five Levels Of Automotive Autonomy
3.3. Market Definition
3.4. Key Drivers
3.4.1. Stringent Government Regulations.
3.4.2. Higher Safety Demand From Customers
3.4.3. Increased Adoption From Automotive Sector
3.4.4. Growing Awareness Of Driver Assistance System
3.5. Key Restraints
3.5.1. Adas Malfunctions
3.5.2. High Costs Associated To Adas
3.5.3. Intensive Competition
3.5.4. Human Behavioral Adaptation
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter’s Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
5. Market By Vehicle Type
5.1. Passenger Cars
5.2. Commercial Vehicles
5.2.1. Light Commercial Vehicles
5.2.2. Heavy Commercial Vehicles
6. Market By Component
6.1. Processors
6.2. Sensors
6.2.1. Image Sensors
6.2.2. Ultrasonic Sensors
6.2.3. Laser Sensors
6.2.4. Radar Sensors
6.2.5. Infrared Sensors
6.2.6. Lidar
6.3. Software
6.4. Other Component
7. Market By Level Of Automation
7.1. Level 1 (Advanced Driving Assist Systems-adas)
7.2. Level 2 (Partial Automation)
7.3. Level 3 (Conditional Automation)
7.4. Level 4 (High Automation)
7.5. Level 5 (Full Automation)
8. Market By Solutions
8.1. Parking Assistance System
8.2. Tire Pressure Monitoring System
8.3. Adaptive Front Lighting Systems
8.4. Lane Departure Warning Systems
8.5. Collision Warning Systems
8.6. Blind Spot Detection
8.7. Electronic Stability Control
8.8. Adaptive Cruise Control
8.9. Advanced Emergency Braking System
8.10. Traffic Sign Recognition Systems
8.11. Driver Drowsiness Detection
8.12. Other Solutions
9. Geographical Analysis
9.1. Latin America
9.1.1. Brazil
9.1.2. Mexico
9.1.3. Argentina
9.1.4. Rest Of Latin America
10. Company Profiles
10.1. Aisin Seiki Co Ltd
10.2. Aptiv Plc (Formerly Delphi Automotive Plc)
10.3. Autoliv Inc
10.4. Bendix Commercial Vehicle Systems, Llc
10.5. Continental Ag
10.6. Denso Corporation
10.7. Gentex Corporation
10.8. Hella Gmbh & Co Kgaa
10.9. Hyundai Mobis Co Ltd
10.10. Infineon Technologies Ag
10.11. Magna International Inc
10.12. Mobileye N.V
10.13. Nxp Semiconductors N.V
10.14. Omron Corporation
10.15. Panasonic Corporation
10.16. Renesas Electronic Corporation
10.17. Robert Bosch Gmbh
10.18. Samsung Electronics Co Ltd
10.19. Texas Instruments Incorporated
10.20. Valeo S.A.
10.21. Wabco Holdings Inc
10.22. Zf Friedrichshafen Ag

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