Global Commercial Vehicle Advance Driver Assistance Systems Market to Grow 14.04% by 2020 - Emergence of New Businesses & Opportunities - Research and Markets

DUBLIN, August 18, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Commercial Vehicle Advance Driver Assistance Systems Market 2016-2020" report to their offering.

The report forecasts the global commercial vehicle advanced driver assistance systems (ADAS) market to grow at a CAGR of 14.04% during the period 2016-2020.

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, the report 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 entire journey or even negate the use of the driver in trailing trucks, may not align with the mentioned regulation. Therefore, the digital tachograph legislation may require further amendments to enable truck platooning.

Key vendors:

• Continental
• Bosch
• Delphi
• WABCO Vehicle Control Systems

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by type

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Market challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

PART 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/rwpmnq/global_commercial

Related Topics: Commercial Vehicles, Telematics and Vehicle Electronics

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