The Driver Assistance System Market statistical report, published by Market Research Future contains succinct information on the Asia-Pacific driver assistance system market, and forecast from 2016-2027. The various factors driving the driver assistance system market are a wide range of advantages of driver assistance system types, and governmental regulations mandating driver assistance systems.

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Increasing population and growing economies have accelerated the pace of demand of passenger cars in Asia-Pacific region. Economic meltdown in Europe and North America acted as a catalyst for the already growing automobile industry in Asia-Pacific and many European & American automobile manufacturers shifted their production plants to developing countries. Rising population, various economies ranging from developing to developed, and other government policies to promote industrial growth have made the Asia-Pacific region a perfect destination for automobile manufacturers to setup their facilities.

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China Driver Assistance System Market is expected to reach USD 13,063.05 Million by 2027 with a CAGR of 23.01%
The Driver Assistance System Market statistical report, published by Market Research Future contains succinct information on the China driver assistance system market, and forecast from 2016-2027. The various factors driving the driver assistance system market are wide range of advantages of driver assistance system types, governmental regulations mandating driver assistance systems.
China is the largest producer and end-user of passenger cars in the world. Increasing traffic and growing number of accidents would act as a base for the formation of safety regulations for vehicle safety here; for instance there is a possibility that TPMS would be implemented by 2027. As vehicle safety norms are the driving force behind the demand for driver assistance system, this would increase its demand in the forecast period.

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