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Showing posts with the label Driver Assistance Market

Driver Assistance Market Competitive landscape, Key company profile analysis and Opportunities and Forecast 2020-2030

  Driver Assistance Market Overview The Driver Assistance Market is set to grow at a CAGR of 22.90% during the forecast period 2016 to 2027. As per the market research report, the market will hit US$112.69 billion in terms of valuation by the end of 2027. The market growth will be driven by automated driving and collaborative driving. Based on the research report, increasing interest towards vehicle automation will accelerate growth in the market till 2027. Although growing incidences of software failures will have a negative impact on the global Driver Assistance Market growth during this period. High installation and maintenance cost is predicted to be a key challenge which could become a strong threat from 2016 to 2027 to companies. The market report published by expert analysts includes primary and secondary data and suggests that types, technology, and regions segments are anticipated to witness tremendous growth till 2027. Factors such as companies investing in advanced techn...