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NOIDA, India, Dec. 4, 2020 /PRNewswire/ — A comprehensive overview of the advanced driver-assistance system market is recently added by UnivDatos Market Insights to its humongous database. The advanced driver-assistance system market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the advanced driver-assistance system market. The advanced driver-assistance system market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the advanced driver-assistance market at the global and regional levels. The Global Advanced Driver-Assistance System (ADAS) Market is expected to grow at a CAGR of 15.9% from 2021-2026 to reach US$ 72.9 billion by 2026.

Market Overview

The advanced driver-assistance system is an intelligent system installed inside the vehicles that assist and supports the driver while driving or during parking and reduce the chance of road accidents and the associated casualties. In 2015, there were around 6.09 billion passenger cars sold globally, and the number reached 6.43 billion in 2019. Moreover, the OEMs are doing strategic alliances with the technology providers to develop ADAS owing to the surging number of road fatalities across the globe.  For instance: In 2019, Hyundai Motor Company announced its investment in tech company «Netrasyne» to develop advanced driver assistance systems. On an estimate, it is expected that by 2024, nearly 18.43 million cars plying on roads will have at least level 2 automation, which allows drivers to take their hands off from the wheel. ADAS market is expected to grow significantly over the forecast period due to increasing demand for autonomous vehicles.

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COVID-19 Impact

The outbreak of COVID-19 has adversely impacted the industries and left a negative impact on the sales of automobiles in 2020 as the end-users limited their discretionary purchases. In a study, it was found that the sales of passenger cars witnessed a decline of around 20% in 2020 as compared to 2019. In 2020, passenger car sales reached 71 million units. However, it is expected that after COVID-19, with the stabilization in the global economy, the demand for car sales would witness an uptick, therefore the market for ADAS would also in the case. Moreover, during the COVID-19 pandemic, the government’s across countries announced the temporary lockdown due to which the manufacturing facilities shut down and production stopped. Moreover, the disruption in the supply chain leads to a shortage of automotive components. Therefore, the demand and market also got hampered.

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Global Advanced Driver-Assistance System Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By System Type, the market is primarily bifurcated into

• Adaptive Cruise Control (ACC)
• Intelligent Park Assist (IPA)
• Automatic Emergency Braking (AEB)
• Adaptive Front Light (AFL)
• Blind Spot Detection (BSD)
• Lane Departure Warning (LDW)
• Drowsiness Monitor System (DMS)
• Other Advanced Driver-Assistance Systems (ADAS) Systems Market

The intelligent park assist dominated the system type segment of the global advanced driver-assistance market and will row at 13.5% CAGR to reach US$ 17.3 billion by the year 2026.

By Sensor Type, the market is primarily segmented into

• Image Sensor
• LiDAR Sensor
• Ultrasonic Sensor
• Radar Sensor
• Other Advanced Driver-Assistance Systems (ADAS) Sensor Type

Amongst sensor type, image sensor accounted for the largest share and is expected to grow at 14.1% CAGR during the forecast period 2021-2026. In 2019, the image sensor segment accounted for a revenue share of almost 35.9% in 2019.

By Vehicle Type, the market is primarily studied into

• Passenger Vehicles
• Light Commercial Vehicle
• Heavy Commercial Vehicle

In 2019, the Passenger Vehicles segment dominated the global advanced driver-assistance system market with nearly 52.8% of the market share and it is anticipated by 2026, the segment will garner US$ 39.6 billion of the market.

By Distribution Channel, the market is primarily segmented into

• Original Equipment Manufacturer
• Aftermarket

Amongst Distribution Channel, Original equipment manufacturer accounted for the largest share and is expected to grow at 14.2% CAGR during the forecast period 2021-2026. In 2019, the Original equipment manufacturer segment accounted for a revenue share of 79.1% in 2019.

Advanced Driver-Assistance System Market Geographical Segmentation Includes:

• North America (the United States, Canada, and Rest of North America)
• Europe (Germany, United Kingdom, Italy, France, Spain and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World

Based on the estimation, the Europe region dominated the advanced driver-assistance system market with almost US$ 11.3 billion revenue in 2019. At the same time, the Asia-Pacific region is expected to grow remarkably with a CAGR of 18.5% over the forecast period on account of the surging strategic alliances between technology providers and OEMs.

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The major players targeting the market includes

• Robert Bosch
• Continental AG
• Autoliv Inc.
• Aptiv
• Delphi Automotive Company
• ZF Friedrichshafen
• Denso Corporation
• Hella KGAA Hueck & Co
• Hyundai Mobis

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the advanced driver-assistance market. The leading players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the advanced driver-assistance market?
• Which factors are influencing the advanced driver-assistance market over the forecast period?
• What are the global challenges, threats, and risks in the advanced driver-assistance market?
• Which factors are propelling and restraining the advanced driver-assistance market?
• What are the demanding global regions of the advanced driver-assistance market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

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CTEK warns drivers: Don’t get left out in the cold this winter

LONDON, Dec. 4, 2020 /PRNewswire/ — When winter kicks in with its freezing temperatures, drivers need their car batteries to perform at maximum capability. And as temperatures drop in the morning, CTEK, a leading global brand in the care and maintenance of vehicle batteries, urges car owners to be prepared and protect against battery failure when the first chill strikes.

A CTEK workshop survey has identified that as many as 25% of vehicles have a battery that could potentially fail during the current cold snap – placing car owners at severe risk of breakdown, just when they need their car the most.

A further 32% of vehicles are at some risk of battery failure if action is not taken to maintain the condition of the battery.

COVID-19 is also having an impact on vehicle battery health; with many people home-bound under COVID-19 lockdown restrictions, car batteries are far more likely to fall flat the less frequently the car is driven or charged.

Then drivers need to consider what happens to the battery when cold weather strikes. Battery performance can reduce by 35% when temperatures hit freezing and fall by as much as 50% if temperatures go even colder.

So with as many as 1 in 2 vehicles driving around with an undercharged or failing battery, it becomes more important than ever this week to ensure that batteries are charged ready for the winter.

Figures released by leading breakdown companies place battery failure as the single biggest cause of breakdowns during the winter. At freezing temperatures an engine’s starting power requirement can increase by as much as 250% when compared to that of a summer’s day. Furthermore with additional drains on the battery e.g. heated screens and seats, headlights and an increase in short journeys during the winter, the battery is being placed under a huge amount of strain – no wonder breakdown companies are so busy!

Stefan Lind, Director at CTEK explains «Motorists get a false sense of security when it comes to the state of their battery when temperatures are that bit warmer. If the battery is undercharged during this period it will still probably be able to start the vehicle, as it doesn’t need as much energy to get the engine going. Motorists won’t realise that their battery is undercharged. When temperatures do drop, the battery won’t have enough power to start the engine – in other words you will experience a ‘flat’ battery.»

CTEK recommends the regular use of a smart battery charger such at the CTEK MXS 5.0. The charger offers a unique, 5Amp eight step-approach to battery charging to maximise the power and lifetime of the battery. Its unique technology means that it can safely maintain all types of 12V lead-acid vehicle battery.

Stefan Lind explains «As vehicle technology becomes increasingly complex, so does the requirement for greater support from the battery so that it can provide optimum power to the vehicle – it is the heart of the vehicle and without a regular charge with a good quality battery charger motorists are at increased risk of breakdown.»

For further information on the full range of CTEK chargers and accessories visit www.ctek.com 

Click here for more information about CTEK

Notes for release:

Figures quoted in release relate to a 6 week workshop trial undertaken by CTEK
The trial identified that 57% batteries at risk of failure when cold weather strikes

• 32% of vehicles had a battery that was not fully charged
• 25% of batteries needed were failing and required replacing (1 in 4)

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PRESS ENQUIRIES
Katharine Parker
Communication Manager
Katharine.parker@ctek.com

Powering Asbury Automotive’s new eCommerce offering ‘Clicklane’, Virtual Retailing 2.0 is now available to dealers nationwide.

BOCA RATON, Fla., Dec. 3, 2020 /PRNewswire/ — Gubagoo – the leading provider of digital retailing, conversational commerce, chat, and messaging solutions for Automotive Dealerships – announced a powerful new release of its industry-leading Virtual Retailing platform.

With online car sales soaring across the nation, there has never been a more compelling time for automotive dealers to embrace digital retailing. The industry is quickly moving from early adopters to the tipping point of wide adoption, with the pandemic having accelerated dealerships’ demand for online eCommerce tools.

Built on a conversational commerce platform, Gubagoo’s Virtual Retailing has been a market leader since its introduction in 2019. The platform allows customers to purchase a vehicle online, and arrange delivery to their door.

The new release provides real-time, data-driven trade-in values, VIN-specific F&I products personalized to the driver, and is the only retail platform offering an automotive loan marketplace with more than 30 lenders including online contracting and signature.

«The entire process of purchasing a vehicle can be completed in the same amount of time as it takes to purchase groceries, online,» said Brad Title, CEO of Gubagoo. «With an integrated, seamless transition between online and in-store, any dealer, anywhere in the country, can now offer the ultimate frictionless car-buying experience for their customers.»

Asbury Automotive Group, one of the nation’s largest dealership groups, has launched Clicklane, their full eCommerce solution, powered by Gubagoo’s Virtual Retailing 2.0 platform. Close collaboration between Asbury and Gubagoo was key to the innovation leaps made in this new release.

«Gubagoo’s new release of Virtual Retailing was the only solution that could meet our demanding standards for the end-to-end eCommerce experience we envisioned for Clicklane,» said David Hult, CEO of Asbury. «Their execution and support have been flawless, and their product is positively a game-changer.»

Asbury Automotive’s press event can be viewed online: https://www.asburyauto.com/clicklane/watch

From the beginning, Gubagoo’s approach to automotive eCommerce has been to ensure that consumers enjoy a fast, fun, and easy purchasing experience.

Gubagoo’s Virtual Retailing and messaging tools empower dealers to monitor, engage, and connect with consumers in real-time, through chat, text, Messenger, or video conferencing. Providing guided assistance online and offline is key to staying connected to consumers through the buying journey.

«Websites by-and-large are cold and lonely,» said Title. «Consumers need guided assistance without the sales pressure.»

Virtual Retailing 2.0 was previewed to dealerships at the Automotive Analytics and Attribution Summit, hosted by author, speaker, and automotive influencer Brian Pasch. In a recent podcast, Pasch emphasized the importance of being able to serve customers in real-time, rather than «chasing leads» after customers leave the website, as critical to seeing success from digital retailing.

«Our data shows that when you engage and serve customers while they’re in your online showroom, you will sell more cars at a lower cost,» said Pasch.

Many dealerships who have adopted Gubagoo’s Virtual Retailing, or switched from another digital retailing provider, have seen exciting results.

«Our results from Virtual Retailing have been very strong,» shared Nate Sato, Director of Digital Marketing at Ken Garff Automotive Group. «There’s no question – our customers love the experience, and our team is thrilled.»

«Creating a comfortable, enjoyable experience is the key to winning the hearts of consumers,» added Title. «We are very excited to partner with dealerships across the country to help future-proof their online strategy. With Gubagoo’s Virtual Retailing 2.0, dealers’ can expect a significant increase in their online sales.»

For a demo of the new release of Virtual Retailing, have a chat with the team at Gubagoo.com, or email hello@gubagoo.com.

About Gubagoo

Gubagoo is the leading provider of conversational commerce and retail solutions for both automotive dealerships and OEMs. Used by more than 7,000 dealerships worldwide, and over 90% of the top 150 dealer groups in America, Gubagoo’s messaging platform instantly connects consumers to dealerships through live chat, text, video, Facebook Messenger, and other digital messaging channels, converting high quality leads, appointments, and sales for dealerships.

Gubagoo’s Virtual Retailing platform provides an end-to-end buying experience on dealership websites. Customers are able to buy a car online with real-time support from dealership personnel, and have the vehicle delivered at the dealership or their door. For more information, visit gubagoo.com.

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– Alqueva, Portugal, one of the darkest areas in Europe, is the ideal place to test the lights developed by the SEAT Lighting Team

– It took 800 hours to test the lights of the new Leon

– Their 100% LED technology opens up new possibilities for engineers in safety, comfort and design

– The wraparound arc of interior light, a technological challenge that will incorporate new functions by the end of the year

MARTORELL, Spain, Dec. 3, 2020 /PRNewswire/ — The Dark Sky Alqueva reserve in Portugal is a unique place in Europe to observe nebulae and constellations, such as Orion. It is a realm of darkness where the engineers of the SEAT Lighting team feel right at home. In the darkest areas of the planet they monitor the behaviour of other types of constellations, those that make up the headlamps and rear lights that they develop for models such as the SEAT Leon.

800 hours in the dark. The team of engineers worked for approximately 2,500 hours on the design of the fourth generation SEAT Leon light assemblies. And for another 800 hours they tested them in the dark, either in the optical tunnel, which recreates night time driving conditions, or on roads in the four corners of the world.

Lighting the way. In addition to its power and greater flexibility in where, how and when to direct the light beam, LED light stands-out for being much whiter than previous lighting technologies. With a colour temperature of 5,000 degrees Kelvin it is much closer to that of the solar spectrum.

LED reaction. One of the keys to improving safety at the wheel is the quick reaction of this lighting technology. An LED diode responds 150 milliseconds faster than an incandescent bulb. This means that, for example, when driving at 120 km/h, the driver behind you can see your brake light five metres earlier.

Connstant innovation. For the two engineers, the wraparound arc of light in the interior is one of the highest expressions of the turning point that LED technology represents. Not only is it customisable, adapting the colour to the driver’s mood, but it also fulfils an important safety function, alerting to an improperly closed door or another car approaching from behind as you prepare to exit.

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