South Korea Driver Assistance System (DAS) Market was valued at USD 2.57 Billion in 2022 and is projected to reach USD 6.02 Billion by 2030, growing at a CAGR of 11.45% from 2024 to 2030.
The South Korea Driver Assistance System (DAS) Market has seen exponential growth in recent years, driven by technological advancements, regulatory changes, and a growing demand for enhanced vehicle safety. DAS technology plays a critical role in improving driver and passenger safety by providing automated assistance in navigation, parking, collision avoidance, and adaptive cruise control. As consumers increasingly prioritize safety and convenience, South Korea's automotive market is witnessing a surge in the adoption of DAS technologies.
In South Korea, the primary industries driving the demand for DAS are automotive manufacturers, technology companies, and government regulatory bodies. Automobile manufacturers are heavily investing in the development and integration of advanced driver assistance technologies to stay competitive in the market. The adoption of DAS in South Korea is also fueled by regulatory pressure aimed at reducing road accidents and promoting safer driving environments. Moreover, with the rise of electric and autonomous vehicles, the demand for DAS has accelerated further, as these vehicles rely heavily on sophisticated assistance systems for operation.
The Driver Assistance System (DAS) Market in South Korea is primarily shaped by the demand for features like lane-keeping assist, automatic emergency braking, adaptive cruise control, and parking assist. Industries are looking for advanced, reliable solutions that can be integrated into various vehicle models across different price segments. Furthermore, automotive manufacturers are focusing on enhancing DAS with the integration of artificial intelligence (AI) and machine learning to make systems smarter and more responsive to real-time traffic conditions.
One key requirement emerging from industries is the demand for scalable and customizable DAS solutions. Businesses want systems that can be easily integrated with existing vehicle platforms, without the need for extensive redesigns. This push for flexibility and compatibility ensures that a wide range of vehicles—from luxury cars to economy models—can benefit from advanced driver assistance technologies. Moreover, industries are seeking robust data security measures to prevent hacking and ensure safe communication between the vehicle and external networks.
With the continued growth of the South Korea Driver Assistance System (DAS) Market, it is evident that industries are prioritizing both innovation and safety. As the technology continues to evolve, it is expected that DAS will become even more integral to everyday driving experiences, making roads safer and reducing the likelihood of accidents across the nation.
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Continental
Delphi Automotive
Robert Bosch
Aisin Seiki
Autoliv
Denso Corporation
Valeo
Magna International
TRW Automotive Holdings
Hella Kgaa Hueck
Ficosa International
Mobileye NV
Mando Corp
Texas Instruments
Tass International
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Driver Assistance System (DAS) Market
Adaptive Cruise Control (ACC)
Automatic Emergency Braking (AEB)
Lane Departure Warning (LDW)
Blind Spot Detection (BSD)
Parking Assistance Systems
Traffic Jam Assistance
Hardware
Software
Passenger Cars
Commercial Vehicles
Electric Vehicles
Luxury Vehicles
Level 1: Driver Assistance
Level 2: Partial Automation
Level 3: Conditional Automation
Level 4: High Automation
Level 5: Full Automation
Urban Driving
Highway Driving
Parking Assistance
Emergency Situations
Driver Monitoring
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Driver Assistance System (DAS) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Driver Assistance System (DAS) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Driver Assistance System (DAS) Market, By Type
6. South Korea Driver Assistance System (DAS) Market, By Application
7. South Korea Driver Assistance System (DAS) Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Driver Assistance System (DAS) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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