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(I-AutoNewsWire.com, January 20, 2017 ) Global Automotive Traffic Sign Recognition System Market is Projected to grow at 29.83% CAGR during the period 2016-2020. Automotive Traffic Sign Recognition System Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
As the name suggests, the automotive traffic sign recognition system enables automobiles to recognize the traffic signal and update the driver on information related to speed limits, among other parameters. The system uses the same cameras that form a part of the ADAS. In addition to this, it includes high-performance software that enhances the capabilities of ADAS for recognition of speed limit signs. The camera used is a front-mounted multifunction monocular camera.
The system recognizes traffic signs using image data from the camera and broadcasts the recognized traffic signs on a display panel. Also, it can have an extended use of comparing the recognized speed limit with the vehicle's speed readings with the help of a controller area network (CAN) and then notify the driver.
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The Automotive Traffic Sign Recognition System Market research report covers the present scenario and the growth prospects of the global Automotive Traffic Sign Recognition System industry for 2016-2020.
Key Vendors of Automotive Traffic Sign Recognition System Market:
• Daimler
• Continental
• Mobileye
• ZF TRW
And many more…
Automotive Traffic Sign Recognition System market report provides key statistics on the market status of the Automotive Traffic Sign Recognition System manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Automotive Traffic Sign Recognition System industry.
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Market Drivers:
• Need to curb road accidents
• For a full, detailed list, view our report
Market Challenge:
• Improved visibility and recognition of signs
• For a full, detailed list, view our report
Market Trend:
• Price fall in ADAS subsystems to help OEMs and consumers
• For a full, detailed list, view our report
The Automotive Traffic Sign Recognition System market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the Automotive Traffic Sign Recognition System industry. Automotive Traffic Sign Recognition System market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and Automotive Traffic Sign Recognition System market demand and supply scenarios.
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Geographical Regions of Automotive Traffic Sign Recognition System market:
• Americas
• APAC
• EMEA
Key questions answered in Automotive Traffic Sign Recognition System market report:
What are the key trends in Automotive Traffic Sign Recognition System market? What are the Growth Challenges of this market? What will the market size & growth be in 2020? What are the key factors driving this market? Who are the key vendors in this market space? How key drivers and challenges impact this market? What are the strengths and weaknesses of the key vendors? What are the Automotive Traffic Sign Recognition System market opportunities, market risk and market overview? How revenue of this Automotive Traffic Sign Recognition System market in previous & next coming years? Ask for Discount @ <||>rnhttp://www.360marketupdates.com/enquiry/request-discount/10290272
The report then estimates 2016-2020 market development trends of Automotive Traffic Sign Recognition System market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Automotive Traffic Sign Recognition System market before evaluating its feasibility.
Price of Report: $2500 (Single User License)
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Automotive Traffic Sign Recognition System Market Report Covered:
Possibility of the Automotive Traffic Sign Recognition System market Market research methodology Market landscape Market segmentation by type Geographical segmentation Automotive Traffic Sign Recognition System Market drivers Market challenges Market trends Vendor landscape Key vendor analysis List of Exhibits in Automotive Traffic Sign Recognition System market report: And continued…
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