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Market Snapshot

CAGR:8.23

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	8.23

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Report Overview

ADAS and Autonomous Driving Components Market Analysis Report 2023-2032

The ADAS and Autonomous Driving Components Market is poised to experience a Compound Annual Growth Rate (CAGR) of 12.84% between 2022 and 2032. Over this period, the market size is expected to witness substantial growth, with an increase of USD 34,562.18 million. This growth is driven by several factors, including the rising demand for advanced driver assistance systems (ADAS) and the continued development of autonomous vehicles.

ADAS and Autonomous Driving Components Market Overview

Drivers

The ADAS and Autonomous Driving Components Market are experiencing significant growth due to the increasing emphasis on road safety and the quest for more efficient and convenient transportation. ADAS components such as adaptive cruise control, blind-spot detection, and lane-keeping assist are becoming standard features in modern vehicles. Consumers seek these technologies to enhance driving safety and comfort.

The development of autonomous vehicles is also a major driver of this market. Companies are investing heavily in self-driving technology, leading to a higher demand for components that enable autonomy, such as sensors, cameras, and advanced processors.

Trends

A prominent trend in the ADAS and Autonomous Driving Components Market is the integration of artificial intelligence (AI) and machine learning. These technologies enable vehicles to make real-time decisions, recognize complex traffic scenarios, and improve overall safety. AI-driven components like computer vision systems are key to the development of autonomous vehicles.

Additionally, there's a growing focus on data connectivity and vehicle-to-everything (V2X) communication. These technologies allow vehicles to communicate with each other and with infrastructure, enhancing safety and traffic management.

Restraints

One of the significant restraints in the ADAS and Autonomous Driving Components Market is the high cost of advanced components. While these technologies offer improved safety and convenience, the cost can be prohibitive for some consumers, affecting market penetration.

Cybersecurity and data privacy concerns are also crucial restraints. As vehicles become more connected and reliant on data, there is a growing need for robust cybersecurity measures to protect against potential threats.

ADAS and Autonomous Driving Components Market Segmentation By Component Type

The market can be segmented based on the types of components essential for ADAS and autonomous driving systems. This includes sensors, cameras, radars, ultrasonic sensors, and LiDAR. Each of these components plays a unique role in enabling advanced driving assistance and autonomous features.

ADAS and Autonomous Driving Components Market Segmentation By Vehicle Type

Different vehicle types adopt ADAS and autonomous components at varying rates. Segments include passenger cars, commercial vehicles, and autonomous vehicles. Passenger cars are expected to have the highest adoption rate, driven by consumer demand for safety and convenience features.

Regional Overview:

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North America and Europe are anticipated to be the primary drivers of the global ADAS and Autonomous Driving Components Market. These regions have advanced automotive industries, a strong regulatory framework for vehicle safety, and considerable investments in autonomous driving technology.

The Asia-Pacific region, especially China, is witnessing notable market growth. The growing automotive market and the desire for advanced safety features are driving the adoption of ADAS and autonomous driving components in this region.

ADAS and Autonomous Driving Components Market Customer Landscape

The ADAS and Autonomous Driving Components Market report offers insights into the adoption patterns of the market, ranging from early adopters to laggards. It examines how different regions embrace these components based on penetration levels. Additionally, it delves into key criteria influencing purchase decisions and factors affecting price sensitivity.

Major ADAS and Autonomous Driving Components Market Companies

Leading players in the ADAS and Autonomous Driving Components Market are implementing diverse strategies to enhance their market presence. These strategies include continuous innovation, strategic partnerships, geographic expansion, and the development of customer-centric solutions.

Sample list of major companies in the market:

Continental AG
Aptiv
Velodyne Lidar
NVIDIA Corporation
Mobileye (Intel Corporation)

Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis enables stakeholders to comprehend market dynamics and assess the strengths and weaknesses of key players.

Segment Overview

The ADAS and Autonomous Driving Components Market report provides revenue forecasts on a global, regional, and country level. It also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.

ADAS and Autonomous Driving Components Market Segment Overview (USD Million, 2019 - 2032)

Component Type

Sensors
Cameras
Radars
Ultrasonic Sensors
LiDAR

Vehicle Type

Passenger Cars
Commercial Vehicles
Autonomous Vehicles

Geography

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

United Arab Emirates
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL ADAS and Autonomous Driving Components MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. ADAS and Autonomous Driving Components MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. ADAS and Autonomous Driving Components Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. ADAS and Autonomous Driving Components MARKET BY type INSIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Cameras

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3. Radars

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4. Ultrasonic Sensors

5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.5. LiDARs

5.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.6. ECUs

5.6.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.6.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. ADAS and Autonomous Driving Components MARKET BY end user INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2. Passenger Cars

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3. commercial vehicles

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. ADAS and Autonomous Driving Components MARKET REGIONAL OUTLOOK

7.1.ADAS and Autonomous Driving Components Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America ADAS and Autonomous Driving Components Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America ADAS and Autonomous Driving Components Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America ADAS and Autonomous Driving Components Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 ZF Friedrichshafen AG (Germany)

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Velodyne LiDAR (the U.S)

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Magna International Inc. (Canada)

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 NVIDIA Corporation (the U.S)

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5. Robert Bosch GmbH (Germany)

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6. Continental AG (Germany)

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Delphi Automotive PLC (the U.K)

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8. Denso Corporation (Japan)

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Infineon Technologies AG (Germany)

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Analog Devices, Inc. (the U.S)

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Adas And Autonomous Driving Components Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032