Showing posts with label ADAS Industry. Show all posts
Showing posts with label ADAS Industry. Show all posts

COVID-19 impact analysis on European Advanced Driver-Assistance Systems Market. Insights on strategies of key players

The need for enhanced security and safety features in vehicles is rising now more than ever, since the number of vehicles on roads has increased considerably all across the globe including Europe. Automobile manufacturers have been working tirelessly on integrating different safety features in vehicles which may improve the driving experience for people. One of the major technological advancements that have happened regarding the same is the development of advanced driver assistance systems (ADAS), which is basically a number of features and functions that a vehicle is equipped with in order to enhance the safety of both the driver and pedestrians.

These systems can aid in reducing the severity and the total number of motor vehicle accidents on roads. ADAS has the capability to warn drivers of potential dangers, intervene for helping the driver to remain in control for preventing an accident, and further reducing the severity of an accident if it cannot be prevented. At the present time, ADAS, having been undergone a number of technological enhancements, is integrated with various features for making the driving experience as smooth as possible. The technology is widely being integrated in vehicles to ensure that the number of accidents on roads is lessened.



Because of these factors, the European ADAS market is predicted to grow at a substantial pace in the years to come. ADAS can be integrated in passenger cars, medium and heavy commercial vehicles, and light commercial vehicles. A number of sensors are included in ADAS such as laser sensor, light detection and ranging sensor (LiDAR), ultrasonic sensor, image sensor, infrared sensor, and radar sensor. Among all these, radar sensors are expected to the most in demand in the near future. Along with this, LiDAR sensors are also projected to be in considerable demand in the coming years owing to innovations in the automotive industry and government regulations for vehicle safety.

Get Detailed COVID-19 Impact Analysis on the Advanced Driver-Assistance Systems Market in Europe: https://www.psmarketresearch.com/speak-analyst/europe-adas-market/Y292aWRfcXVlcnk=

In 2019, the major reason for the rising integration of ADAS in vehicles was the stringent government regulations pertaining to the safety of vehicles in the European region. For example, in November 2019, it was mandated by EU that all motor vehicles, including commercial and passenger vehicles, are required to be equipped with DMS by mid-2022. Such initiatives are projected to result in the growth of the European ADAS market in the near future.

In conclusion, the requirement for ADAS in Europe is expected to grow in the coming years due to the rising concerns regarding safety of vehicles.

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