U.S. Advanced Driver-Assistance Systems (ADAS) Market Worldwide Industry Analysis and New Market Opportunities Explored

The need for increasing safety and security of vehicles, for the sake of both drivers and pedestrians, is increasing day by day all over the globe, including the U.S. As per the Association of Safe International Road Travel, over 38,000 people die in crashes every day on roadways in the U.S. In addition to this, about 4.4 million people are injured enough to need medical intervention. The country suffers from 50% more road crash deaths among all high-income countries, which further increases the cost of dealing with these situations . Because of these factors, the auto manufacturers are increasingly involved in coming up with advanced solutions that can increase the safety of vehicles.

One such solution is the integration of advanced driver assistance systems (ADAS) in cars. ADAS is utilized for describing the different safety features that are being integrated in vehicles to enhance driving experience by decreasing the severity and number of vehicle crashes. The system can warn the driver and further intervene for helping the driver to remain in control of the vehicle in case the possibility of an accident arises. In addition to this, if the accident cannot be avoided, ADAS can ensure that its severity is decreased .


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Attributed to such advantages, the U.S. ADAS market is expected to grow at a substantial rate in the near future. ADAS can be integrated in medium & heavy commercial vehicles, passenger cars, and light commercial vehicles. The system consists of a number of sensors, including laser sensor, ultrasonic senor, radar sensor, light detection and ranging sensor, and infrared sensor. Out of all these, the demand for radar sensors is predicted to be the highest in the coming years, which can be ascribed to the increasing applications in autonomous and connected vehicles and reducing cost of these sensors.

In addition to this, introduction of innovative products by key companies in the domain and strict government regulations in the country are further expected to drive the demand for LDWS. Other than this, the U.S. ADAS market is predicted to grow in the coming years because of the emergence of multifunctional sensors in the market. The companies in the domain are further entering into partnerships and joint ventures for developing advanced systems.

Hence, the demand for safety of roads is leading to the growing adoption of ADAS in the U.S.

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Digital Asset Management Market Business Analysis, Growth and Forecast Report


The digital asset management market will reach USD 11,711.3 million by 2030 from USD 4,825.8 million in 2023, at a rate of 13.5% by the end of this decade. This growth of the industry has a lot to do with rate of digitalization and snowballing requirement for laptops, tablets, smartphones, and social media.

Moreover, the increasing acceptance of DAM software by medium and small businesses with restricted resources to improve their processes has considerably contributed to the market growth.

On the basis of organization size, the industry will continue to be powered by large enterprises. DAM solutions have built-in digital rights management, for offering companies enhanced asset control, access, and use.

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At large, enterprise DAM software lets teams to improve productivity through the digital content lifecycle. This includes organizing, consolidating, sharing, and collaborating on digital assets, such as images, presentation, docs, videos, and creative files at one location, for handling the content better.

Moreover, the enormous volumes of digital content formed and consumed by these corporations can make it problematic for them to store and correctly organize it. Consequently, enhanced by their monetary stability, these corporations are spending generously on these solutions, to reach customers far away with the correct content at the accurate time.

With the volume of digital content rising fast, efficient methods are desired for storing, organizing, publishing, recreating, and distributing it across numerous platforms. In this regard, the acceptance of OTT platforms drives the industry, as they are, basically, vast repositories of on-demand audio and video, which companies require to organize, uphold, and update regularly.

APAC will express the highest growth in the industry in the years to come. Due to the difficulties of content, language, and other regional aspects, the customers in India are complex to handle for media & entertainment corporations.

The growing demand for tablets and laptops all over the world has a positive impact on the demand for digital asset management solutions.

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Polyurethane Composites Market Competitive Landscape, Insights by Geography, and Growth Opportunity


Lately, manufacturers are working with polyurethane. Research and analysis pertaining to the performance of polyurethane composites characteristics have led to its increasing acceptance in industries overall.

Consequently, tubes, composite rods, bars and poles along with custom shapes can have up to 40% higher material properties as opposed to polyester. Indeed, numerous weather proofing applications in the infra and construction sectors make use of polyurethane composites to make custom and standard composite profiles.

Tensile and Flexural Strength
Polyurethane composites are much better than traditional resins with regards to compression, tensile, and flexural strength. Regarding compression strength, PU is as strong as the other types of resins.

Though, with regards to tensile and flexural strength, PU composites have advantages, particularly when measured against pressures applied at 90-degree.


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Strength-to-Weight Ratio

The strength of Polyurethane is because of come from numerous combined properties, as well as:
fiber coupling competence
decreased incidence of resin phase flaws.

With PU composites, manufacturers can safely decrease the thickness of wall and hence the weight. PU composites are much better than other resins , when we talk about the ratio of strength-to-weight.

These composites are Tough
Only strength is not enough for a material’s long-term performance. Just as imperative is the ability of the composites to absorb the stress without fracturing. Conversely, we can say that, a PU composite is pliable, tough and damage tolerant.

Fiberglass composites frequently face strong practical applications. The durability of polyurethane makes it improved to resist impacts that composites are often exposed to.

Concluding the Scene
Making composites out of polyurethane resins is not that old of a practice. The, chemical resistance, strength, cost, fatigue properties, and other qualities have played a major part in replacing epoxy in some examples along with providing similar cost improvements for vinyl ester and polyester parts.

It is because of the widespread acceptance of polyurethane composites for the manufacturing of lightweight parts of the vehicles, the demand for these composites is on the rise, and this trend will continue in the years to come as well.

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Wave and Tidal Energy Market with Global Competitive Analysis, and New Business Developments


As per Britannica, tides in the world’s oceans contain an annual energy generation potential of 3,000 Gigawatts. Similarly, the International Energy Agency says that harnessing the power contained in ocean waves could produce 80,000 Terawatt-hours of electricity each year. In contrast, the total final electricity consumption around the world in 2019 stood at 22,848 TWh, almost a fourth of the energy generation potential of waves.


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So, if just these two forces of nature could be utilized to generate electricity with 100% efficiency, each year, we could produce enough energy to power the earth for over three years! However, since the technology to generate electricity from both tides and waves is rather unexplored, its immediate future depends strongly on industry and government investments.

How To Harness Wave and Tidal Energy?
Another, slightly more complicated technique is an oscillating air-and-water column. In the simplest form, they are hollow pipes submerged till half their length in water. The upper part of the column contains air; just as a wave enters it from below, it pushes air column upwards, which pushes at the blades of a turbine. Just as the water pressure in the column falls, air re-enters it from above.

A small dam reservoir can also be constructed in the path of the waves to create hydroelectric power the conventional way. As the water level rises with the waves, the extra water flows above a wall and into the reservoir. Then, the typical hydroelectric power generation steps follow.

Other Benefits of Harnessing Wave and Tidal Energy
The seas around Alaska anyway boast some of the world’s highest tides and waves; therefore, the electricity generation potential of these places could be huge. Other places with substantially high tides are the Bay of Fundy (acknowledged as featuring the world’s highest tides on record), Punta Quilla, Strait of Magellan, Bristol Channel, English Channel, and Cape Astronomicheski.

Further, any of the popular surfing spots could be utilized to produce wave energy; however, possibly in a way that doesn’t take anything away from ardent surfers. But, most of these places will need a lot of R&D focus to ascertain their viability for this purpose. This would, in turn, require government and private investments in this fascinating and potentially lucrative field of clean, renewable electricity.

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