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SOURCE Research and Markets
DUBLIN, Feb. 25, 2014 /PRNewswire/ --
Research and Markets
) has announced the addition of the
report to their offering.
The global driver assistance system market is evolving at a substantial rate and is witnessing many recent technological advancements and developments. The introduction of related safety regulations such as mandatory application of TPMS in Europe & U.S., regulations regarding LDWS, and on-going studies on the feasibility of the introduction of other driver assistance systems, such as ACC and BSD, has triggered intense competition amongst the driver assistance system manufacturers.
To keep their market share intact, the manufacturers are now bound to offer affordable, innovative and advanced driver assistance systems. In addition to this, other reasons such as increasing concerns towards vehicle and road safety, changing buyer's preferences, enhanced driver experience and the increasing demand for premium passenger cars will also help the driver assistance industry to flourish in the next five years.
The global driver assistance system market is projected to reach $13.4 billion by the end of 2013 and is estimated to grow to $33.6 billion by 2018, growing at CAGR of 20.10% for the same period.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Driver Assistance Systems Market, By Geography
6 Global Driver Assistance Systems Market, By Types
7 Global Driver Assistance System Market, By Technologies
8 Competitive Landscape
9 Company Profiles
For more information visit http://www.researchandmarkets.com/research/qqtf8p/driver_assistance
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