Argentina Advanced Driving Assistance Systems (ADAS) Market (2022-2028) | Size, Share, Revenue, Analysis, Forecast, Trends, Industry & COVID-19 IMPACT

Market Forecast By Product Types (Adaptive Cruise Control, Blindspot Detection, Park Assist, Autonomous Emergency Braking, Intelligent Headlights & Others), By Sensor Types (LiDAR, RADAR, Camera, Ultrasonic), By Products (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial vehicles), By Regions (Northern, Western, Eastern, Southern) and competitive landscape

Product Code: ETC437766 Publication Date: Nov 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Argentina Advanced Driving Assistance Systems (ADAS) Market Synopsis

The Argentina Advanced Driving Assistance Systems (ADAS) Market is projected to grow during the forecast period. The increasing demand for ADAS systems in the region is attributed to the rise in population and urbanization, as well as an increase in commercial vehicle fleet sizes. The market is driven by the growing adoption of advanced driving assistance systems (ADAS) in the country, as well as increasing demand for these technologies across all segments. In addition, increased government spending on road safety and infrastructure development is also contributing to the growth of the market. North America is also expected to grow at a significant pace during the forecast period, due to rising levels of technological advancement and increasing adoption of these products by commercial entities. Rising concerns over road safety and increased investments by governments in infrastructure development are key factors contributing to this growth. The Argentina Advanced Driving Assistance Systems (ADAS) Market is a part of Latin America advanced driving assistance systems market and global advanced driving assistance systems market.

According to 6Wresearch, the Argentina Advanced Driving Assistance Systems (ADAS) Market size is likely to witness growth during 2022-2028. The major drivers of the market include government initiatives such as Vision 2020 and the regulations pertaining to autonomous vehicles, which are expected to drive demand for ADAS systems across various applications. In addition, increased use of smartphones and sensors is also boosting the adoption of ADAS technologies by consumers. The growing popularity of advanced safety features offered by these systems is further propelling the growth of the ADAS market in Argentina. Additionally, the advancement of driving assistance systems has led to an increase in the demand for these products. This is expected to support the growth of the market during the forecast period. However, there are several challenges that businesses operating in this market must contend with. These include lack of awareness among consumers about benefits and features of advanced driving assistance systems, stringent safety regulations, and a high price point.

Market Analysis By Product Type

In terms of product type, the market is categorized into adaptive cruise control, blind spot detection, park assist, autonomous emergency braking, intelligent headlights and others. Currently, the park assist account for the highest market share. Further, the major factors contributing to this growth include increasing demand from the luxury segment and increased focus on pedestrian safety. The market for advanced driving assistance systems is also benefitting from technological advancements, such as artificial intelligence (AI). Additionally, the increasing demand for ADAS across various commercial sectors such as transportation, insurance, retail, and others is fuelling the growth of the Argentina ADAS market. Furthermore, the stringent regulatory norms governing automotive safety are also boosting the adoption of ADAS across various segments in Argentina. However, factors such as incorrect sensor calibration and inadequate deployment infrastructure are restraining the growth of the Argentina ADAS Market.

Market Analysis By Competitive Landscape

With the increasing popularity of advanced driving assistance systems (ADAS) among drivers and manufacturers in Argentina, the market for ADAS is expected to grow over the next five years. This growth is mainly due to the rising demand for autonomous vehicles (AVs), which are being adopted by companies as a mode of transportation. The market for ADAS in Argentina is segmented on the basis of function into navigation, lane keeping assistance, Traffic Jam Assistant, and pedestrian detection.

COVID-19 Influence on the Argentina Advanced Driving Assistance Systems (ADAS) Market

The manifestation of Covid-19 pandemic has caused a slowdown in the automotive market. Nevertheless, the market has convalesced progressively in recent years. The automotive sector in Argentina is strong and it is one of the oldest in South America. The country has a well-developed infrastructure, including world-class ports and highways, and its skilled labor force makes it an attractive market for automotive manufacturers. These factors implies that despite the negative impact of pandemic, the market has tremondous growth potential.

Key Attractiveness of the Report

  • COVID-19 Influence on the Market
  • 8 Years of Market Numbers
  • Historical Numbers from 2018 to 2021.
  • Base Year: 2021
  • Forecast Data Until 2028
  • Key Performance Indicators Influencing the Market.
  • Key Upcoming Developments and Projects.

Key Attractiveness of the Report

  • Argentina Advanced Driving Assistance Systems (ADAS) Market Overview
  • Argentina Advanced Driving Assistance Systems (ADAS) Market Outlook
  • Argentina Advanced Driving Assistance Systems (ADAS) Market Forecast
  • Forecast of Argentina Advanced Driving Assistance Systems (ADAS) Market Revenues, for the Period 2021-2028F
  • Forecast of Argentina Advanced Driving Assistance Market Revenues, By Product Types, for the Period 2021-2028F
  • Forecast of Argentina Advanced Driving Assistance Market Revenues, By Sensor Types, for the Period 2021-2028F
  • Forecast of Argentina Advanced Driving Assistance Market Revenues, By Vehicle Types, for the Period 2021-2028F
  • Forecast of Argentina Advanced Driving Assistance Market Revenues, By Regions, for the Period 2021-2028F
  • Argentina Advanced Driving Assistance Market Share, By Market Players
  • Market Drivers and Restraints
  • Argentina Advanced Driving Assistance Market Trends
  • Competitive Benchmarking
  • Key Strategic Recommendations

Markets Scope and Segmentation

The report delivers a widespread study of the subsequent market segments:

By Product Types

  • Adaptive Cruise Control
  • Blind spot Detection
  • Park Assist
  • Autonomous Emergency Braking
  • Intelligent Headlights
  • Others

By Sensor Types

  • LiDAR
  • RADAR 
  • Camera
  • Ultrasonic

By Vehicle

  • Passenger Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial vehicles

By Regions

  • Northern
  • Western
  • Eastern
  • Southern
Frequently Enquired Queries Regarding the Market Study: FAQs

1). Does the report include the impression of COVID-19?

The report not only has considered COVID-19 impact but also current market dynamics, trends, and KPIs into consideration.

2). Which product type accounts for the maximum market share in the Argentina Advanced     Driving Assistance Systems Market?

By product types, park assist systems accounted for the highest share owing to their higher cost arising from numerous sensors that are required for the functioning of the system.

3). Which segment is exhibited to gain traction over the forecast period?

By sensor types, camera sensors acquired the highest market revenue share in Argentina Advanced Driving Assistance Systems (ADAS) Market owing to their multi-utility advantage.

4). What are the critical factors which are increasing the market demand?                                               

The growth of the market is attributed to increasing demand for safety and security features in vehicles, increasing government regulations, and increased adoption of ADAS across various vehicle segments.

5). What are the major challenges in the Argentina Advanced Driving Assistance Systems (ADAS) Market?   

Some of the major challenges are lack of awareness among consumers. This can be due to concerns about safety and privacy, as well as doubts about whether the technology is effective. Additionally, there are limited options for deploying ADAS systems in vehicles, which has led to slow adoption rates.

6). Is customization available in the market study?

Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements.

7). We also want to have market reports for other countries/regions.

 

6Wresearch has a database of more than 60 countries globally, which can make us your first choice of all your research needs.

1. Executive Summary
2. Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Argentina Advanced Driving Assistance Systems Market Overview
3.1 Argentina Advanced Driving Assistance Systems Market Revenues (2021-2028F)
3.2 Argentina Advanced Driving Assistance Systems Market Industry Life Cycle
3.3 Argentina Advanced Driving Assistance Systems Market Porter’s Five Forces Model
3.4 Argentina Advanced Driving Assistance Systems Market Revenue Share, By Product Types (2021 & 2028F)
3.5 Argentina Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types (2021 & 2028F)
3.6 Argentina Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types (2021 & 2028F)
3.7 Argentina Advanced Driving Assistance Systems Market Revenue Share, By Regions (2021 & 2028F)
4. Impact Analysis of COVID-19 on Argentina Advanced Driving Assistance Systems Market
5. Argentina Advanced Driving Assistance Systems Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Argentina Advanced Driving Assistance Systems Market Trends & Evolution
7. Argentina Advanced Driving Assistance Systems Market Overview, By Product Types
7.1 Argentina Advanced Driving Assistance Systems Market Revenues, By Adaptive Cruise Control (2021-2028F)
7.2 Argentina Advanced Driving Assistance Systems Market Revenues, By Blindspot Detection (2021-2028F)
7.3 Argentina Advanced Driving Assistance Systems Market Revenues, By Park Assist (2021-2028F)
7.4 Argentina Advanced Driving Assistance Systems Market Revenues, By Autonomous Emergency Breaking (2021-2028F)
7.5 Argentina Advanced Driving Assistance Systems Market Revenues, By Intelligent Headlights (2021-2028F)
7.6 Argentina Advanced Driving Assistance Systems Market Revenues, By Others (2021-2028F)
8. Argentina Advanced Driving Assistance Systems Market Overview, By Sensor Types
8.1 Argentina Advanced Driving Assistance Systems Market Revenues, By Light Detection and Ranging (2021-2028F)
8.2 Argentina Advanced Driving Assistance Systems Market Revenues, By Radar (2021-2028F)
8.3 Argentina Advanced Driving Assistance Systems Market Revenues, By Camera (2021-2028F)
8.4 Argentina Advanced Driving Assistance Systems Market Revenues, By Ultrasonic (2021-2028F)
9. Argentina Advanced Driving Assistance Systems Market Overview, By Vehicle Types
9.1 Argentina Advanced Driving Assistance Systems Market Revenues, By Passenger Cars (2021-2028F)
9.2 Argentina Advanced Driving Assistance Systems Market Revenues, By Light Commercial Vehicles (2021-2028F)
9.3 Argentina Advanced Driving Assistance Systems Market Revenues, By Heavy Commercial vehicles (2021-2028F)
10. Argentina Advanced Driving Assistance Systems Market Overview, By Regions
10.1 Argentina Advanced Driving Assistance Systems Market Revenues, By Northern Region (2021-2028F)
10.2 Argentina Advanced Driving Assistance Systems Market Revenues, By Western Region (2021-2028F)
10.3 Argentina Advanced Driving Assistance Systems Market Revenues, By Eastern Region (2021-2028F)
10.4 Argentina Advanced Driving Assistance Systems Market Revenues, By Southern Region (2021-2028F)
11. Argentina Advanced Driving Assistance Systems Market - Key Performance Indicators
12. Argentina Advanced Driving Assistance Systems Market - Opportunity Assessment
12.1 Argentina Advanced Driving Assistance Systems Market Opportunity Assessment, By Product Types (2028F)
12.2 Argentina Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor Types (2028F)
12.3 Argentina Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions (2028F)
13. Argentina Advanced Driving Assistance Systems Market - Price Trend Analysis
14. Argentina Advanced Driving Assistance Systems Market Competitive Landscape
14.1 Argentina Advanced Driving Assistance Systems Market Revenue Ranking, By Companies (2021)
14.2 Argentina Advanced Driving Assistance Systems Market Competitive Benchmarking, By Operating Parameters
15. Company Profiles
15.1 Bosch Limited
15.2 Denso Argentina Pvt Ltd
15.3 Wabco Argentina Limited
15.4 Continental Automotive Components (Argentina) Pvt Ltd
15.5 Infineon Technologies Argentina Pvt Ltd
15.6 Hella Argentina Automotive Pvt Ltd
16. Key Strategic Recommendations
17. Disclaimer
List of Figures
Figure 1: Argentina Advanced Driving Assistance Systems Market Revenues, 2021-2028F (INR Crores)
Figure 2: Argentina Advanced Driving Assistance Systems Market Revenue Share, By Product Types, 2021 & 2028F
Figure 3: Argentina Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types, 2021 & 2028F
Figure 4: Argentina Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types, 2021 & 2028F
Figure 5: Argentina Advanced Driving Assistance Systems Market Revenue Share, By Regions, 2021 & 2028F
Figure 6: ABS and Electronic brakeforce distribution market penetration in Argentina, (units)
Figure 7: Traction control system market penetration in Argentina, (Units)
Figure 8: Electronic stability program market penetration in Argentina, (USD units)
Figure 9: Number of road accidents in Argentina, 2016-2020
Figure 10: Number of deaths per 100 road accidents in Argentina
Figure 11: Number of deaths in road accidents in Argentina
Figure 12: Highway Construction in Argentina (Kilometers)
Figure 13: Investment outlay for roads under union budget ($ billion)
Figure 14: Auto Services Market in Argentina, 2019-2026F, (USD billion)
Figure 15: Argentina automobile market growth, 2019-2026F (USD, Billion)
Figure 16: Argentina passenger cars penetration, 2019-2026F (per 1000 people)
Figure 17: Argentina Advanced Driving Assistance Systems  Market Opportunity Assessment, By Product types, 2028F
Figure 18: Argentina Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor types, 2028F
Figure 19: Argentina Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions, 2028F
Figure 20: Argentina Advanced driving assistance systems market revenue rankings, By Company
List of Tables
Table 1: Autonomous vehicle readiness Index, 2020
Table 2: Argentina Advanced Driving Assistance Systems Market Revenues, By Product Types, 2021-2028F (INR Crores)
Table 3: Argentina Advanced Driving Assistance Systems Market Revenues, By Sensor Types, 2021-2028F (INR Crores)
Table 4: Argentina Advanced Driving Assistance Systems Market Revenues, By Vehicle Types, 2021-2028F (INR Crores)
Table 5: Argentina Advanced Driving Assistance Systems Market Revenues, By Regions, 2021-2028F (INR Crores)
 
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