Commercial Vehicle Advance Driver Assistance Systems Market Share, Size, Emerging Growth and Analysis 2016

Technavio Announces the Publication of its Research Report – Global Commercial Vehicle Advanced Driver Assistance Systems (ADAS) Market 2016-2020

Technavio recognizes the following companies as the key players in the global commercial vehicle advanced driver assistance systems (ADAS) market: Continental, Bosch, Delphi, and WABCO Vehicle Control Systems.

Other Prominent Vendors in the market are: Auto-I, Autoliv, AWTI, Bendix, Denso, Ficosa International, Ford Motor, GENTEX, Magna International, Mando, Meritor WABCO, Mobileye, Peloton, Preco Electronics¸ Renault, Renesas, Safe Drive Systems, Schrader, Subaru of America, Takata, Toyota, Valeo, and ZF.

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Commenting on the report, an analyst from Technavio’s team said: “one of the key trends for market growth will be the emergence of new businesses and opportunities for other vertical market adjacencies. As the ADAS penetration in commercial vehicle increases, Technavio believes that this will pave the way for adjacent market opportunities.
”According to the report, regulation backing will be a key driver for market growth. Governments of many countries are enhancing their focus on safety regulations. As a result, automotive active safety systems are being integrated in automobiles.

Further, the report states that one of the challenges for the market will be the potential negative impact of existing regulations. Regulation (EU) N°165/2014 is the digital tachograph legislation that aids in enforcing the rules on monitoring driving times and rest periods of professional drivers. This regulation may have a negative impact on the penetration of connected truck technologies but will inherently drive the adoption of ADAS in trucks. This is because connected truck technologies like truck platooning, which allows drivers in trailing trucks to rest during the...