Data Bridge Market Research analyses that the highway driving assist market would exhibit a CAGR of 24.15% for the forecast period. Growing demand for improved and new features in the automobiles that provide greater safety and comfort, increased preferences towards the integration of advanced software in the passenger cars to redefine the passenger experience, growth and expansion of automotive industry especially in the developing economies and growing public expenditure for the rapid development of artificial intelligence technology are the major factors attributable to the growth of highway driving assist market. Therefore, the highway driving assist market value would rocket up to USD 16.47 billion by 2029.

The high rate of use of active protection systems such as ADAS in these areas and the participation of several large car companies including Ford and GM make North America and Europe a significant part of the global highway driving assist market. The EU's policies on safety standards and the use of ADAS in new vehicles are projected to continue to be a critical force in the area that is likely to drive the highway driving assist the market in the region over the forecast period. Car companies in this area concentrate on security applications through the provision of smart vehicle security systems, such as road drivers, which are intended to enhance road safety in terms of accident prevention, crashes, and post-crash protection. The United States is North America's main market for highway assist systems. Many OEMs in the United States are collaborating with Tire 1 and Tier 2 firms to build self-driving cars. In addition, the government is actively invested in infrastructure and startup capital.

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North America and Europe dominate the highway driving assist market and will continue to flourish its trend of dominance during the forecast period owing to the growing adoption of highly advanced technologies, high rate of adoption of active safety systems such as ADAS and expansion in the automotive sector and increasing research and development activities. Asia-Pacific region is set to witness unprecedented growth during the forecast period. This is because of the growth and expansion of automotive sector in this region. It studies local regional as well as global market and emerging segments, and market dynamics also. Additionally, it offers insight into the competitive landscape, market driving factors, industrial environment, and the latest and upcoming technological advancements to determine the overall scenario of industry and move forward to form lucrative business strategies effortlessly. Technology is a set of tools and systems invented or made by humans. Technology has helped shape the world as we know it, and it has enabled many great innovations.

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The major players covered in the highway driving assist market report are DENSO CORPORATION, Valeo, Magna International Inc., Aptiv., AVL, Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, SAMSUNG ELECTRO-MECHANICS, Tesla, TOYOTA MOTOR CORPORATION, Veoneer Inc., HELLA GmbH & Co. KGaA, MOBIS INDIA LIMITED., Hyundai Motor Company, Visteon Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., TOSHIBA CORPORATION and Panasonic Corporation among others.

Major toc of the report

Ø Chapter One: Introduction

Ø Chapter Two: Market Segmentation

Ø Chapter Three: Market Overview

Ø Chapter Four: Executive Summary

Ø Chapter Five: Premium Insights

Ø Chapter Six: Market by Product & Procedure type

Profound Questions Answered in this Report:

· What is the growth rate of various stages in the value chain of the industry?

· Which region has the highest growth rate and size of the emerging market by value in 2021?

· Who are the competitive players in Global Highway Driving Assist Market?

· Which region has the largest share and degree of competition in the industry?

· What is the CAGR of the market during the forecast period till 2028?

· Which region is expected to hold the highest market share for the market?

· What is the main driver of the Global Highway Driving Assist Market?

· What is sales volume, revenue, and price analysis of top players of the market?

· What are the market opportunities and threats faced by the vendors in the industry?

· What has been the impact of COVID-19 on Global Highway Driving Assist Market?

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