Market Insight: Global Automotive Traffic Sign Recognition System Market to grow at a CAGR of 29.83% during the period 2016-2020

ResearchMoz added Latest Research Report titled " Global Automotive Traffic Sign Recognition System Market 2016-2020 " to it's Large Report database.

About Automotive Traffic Sign Recognition Systems

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.

Technavios analysts forecast the global automotive traffic sign recognition system market to grow at a CAGR of 29.83% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive traffic sign recognition system market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of automotive traffic sign recognition systems to the passenger car OEMs and after-market sales.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Automotive Traffic Sign Recognition System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Table of Content

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Automotive traffic sign recognition system: Overview
Value chain analysis
Product life cycle
Regulatory framework
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Automotive traffic sign recognition system market in EMEA
Automotive traffic sign recognition system market in Americas
Automotive traffic sign recognition system market in APAC
Aftermarket opportunity
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges

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