Rising Purchase Power Has Increased Demand for Advanced Driver Assistance Systems Testing Equipment Mainly In Emerging Economies

Published On : 17 Jul 2018

The advanced driver assistance systems testing equipment are equipped with cameras, sensors, and radars that help drivers in getting real-time information about the surrounding of the vehicle. Thus, their use has improved working efficiency of the drivers, which has further helped in reducing number of accidents. The analysis made suggests that the use of these systems will provide accurate inputs, can precisely predict text and can process data without any delays. Moreover, constant research and development is helping to enhance and increase efficiency of the testing equipment, which will further grow its demand in the global market. 

Demand for Radar Sensor Rising Considerably for Better Traffic Predictions 

The drivers assistance systems are available in various categories, which include vehicles that are equipped with night vision, have blind spot detection system, adaptive headlamp, cross traffic alerts, automatic/intelligence emergency braking system, fatigue warning, time pressure monitoring system, adaptive cruise control, lane departure warning system, and also has a surround view camera system.  These systems will not only enhance the drivers experience but it will also add value to the safety of the vehicles. Additionally, growing awareness among the individual for better safety on road has also propelled the demand for advanced driver assistance systems testing equipment. 

Additionally, the use of newer technology for advanced driver assistance system testing equipment market such as the use of image sensor, laser sensor, ultrasonic sensor, radar sensor, and infrared sensor. Among these, the demand for radar sensors has risen considerably as they help in making appropriate prediction for traffic while driving. They also help in avoiding collisions and in case of such acts that are alerted by an alarm. The image sensor market is also gaining momentum due to night vision, traffic signal recognition, and many other similar such systems. 

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Increasing Purchasing Power in Emerging Economies propels ADAS Testing Equipment Market 

The geographical demand for advanced driver assistance has significantly grown in Asia Pacific region. The reasons for such growth are stringent safety regulations, rising purchasing power, and awareness about better driving experiences. . Therefore, automobile manufacturers in the region are significantly investing in research and development to bring in innovative features in monitoring, warning, steering, and braking tasks. Product differentiation will also be an important focal point of vendors operating in the global advanced driver assistance system testing equipment market. Apart from Asia Pacific, North America and Europe are also anticipated to significantly contribute to the global ADAS market. Companies providing the advanced driver assistance systems testing equipment and the leading in the global market are BMW AG, General Motors Company, Maruti Suzuki India Ltd, and Denso Corporation. 

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