Driver Assistance Systems for Passenger Cars Market was valued at USD 25 Billion in 2022 and is projected to reach USD 55 Billion by 2030, growing at a CAGR of 10.6% from 2024 to 2030.
The Driver Assistance Systems (DAS) market for passenger cars witnessed significant growth in 2022, with a market size valued at approximately $27.5 billion. The sector is anticipated to expand at a robust compound annual growth rate (CAGR) of 15.8% from 2023 to 2030. This growth is driven by increasing consumer demand for advanced safety features and government regulations mandating the inclusion of various driver assistance technologies in vehicles. The integration of AI and machine learning technologies into DAS is also contributing to market expansion, enabling more sophisticated and adaptive driving aids.
Opportunities within the DAS market are substantial, particularly in emerging regions such as Asia-Pacific and Latin America. These regions are experiencing rapid urbanization and increasing vehicle ownership, which drives the demand for advanced safety features. Additionally, the growing emphasis on reducing traffic accidents and improving road safety is fueling investments in DAS technologies. The emergence of new players and technological advancements in areas such as sensor technology and vehicle-to-everything (V2X) communication are poised to create new market opportunities and drive further growth in the sector.
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Synopsys
Inc.
Dewesoft
Porsche AG
IMAR Navigation GmbH
TTTech Auto AG
WirelessCar
Oxford Technical Solutions Ltd
Volvo Car Corporation
The MathWorks
Inc.
Valeo
Microsemi Corporation
Jaguar Land Rover
Texas Instruments Incorporatedã€
Tietoevry
Audi Group
Henkel Canada Corporation
CAPGEMINI ENGINEERING
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 Global Driver Assistance Systems for Passenger Cars Market
Sedan
Pickup Truck
Based on Types the Market is categorized into Below types that held the largest Driver Assistance Systems for Passenger Cars market share In 2023.
In-vehicle Navigation System
Adaptive Cruise Control System
Lane Departure Warning System
Automatic Lane Change System
Anti-collision Warning System
Pedestrian Detect System
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Driver Assistance Systems for Passenger Cars 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. Global Driver Assistance Systems for Passenger Cars Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Driver Assistance Systems for Passenger Cars Market, By Type
6. Global Driver Assistance Systems for Passenger Cars Market, By Application
7. Global Driver Assistance Systems for Passenger Cars Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Driver Assistance Systems for Passenger Cars Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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