Automotive Advanced Driver Assistance Systems Market size was valued at USD 31.52 Bn. in 2022 and the total revenue is expected to grow at 12.2% of CAGR through 2023 to 2029, reaching USD 70.57 Bn.
Automotive Advanced Driver Assistance Systems Market Overview:
The goal of this research is to give a comprehensive overview of the Automotive Advanced Driver Assistance Systems market by segment, industry, and geography. The research includes thorough information on the primary elements impacting the Automotive Advanced Driver Assistance Systems industry’s growth. The research also includes an in-depth evaluation of the market’s value chain.
Automotive Advanced Driver Assistance Systems Market Scope:
The research technique used to analyze and predict the Automotive Advanced Driver Assistance Systems market begins with the collection of revenue data from major suppliers using secondary research sources. Vendor offers are also taken into account while developing market segmentation. The income of big firms was used to estimate the overall size of the Automotive Advanced Driver Assistance Systems market using the bottom-up technique.
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Automotive Advanced Driver Assistance Systems Market Segmentation:
by System
1.Adaptive Cruise Control (ACC)
2.Adaptive Front Light (AFL)
3.Automatic Emergency Braking (AEB)
4.Blind Spot Detection (BSD)
5.Cross Traffic Alert (CTA)
6.Driver Monitoring System (DMS)
7.Forward Collision Warning (FCW)
8.Intelligent Park Assist (IPA)
9.Lane Departure Warning (LDW)
10.Night Vision System (NVS)
11.Pedestrian Detection System (PDS)
12.Road Sign Recognition (RSR)
13.Tire Pressure Monitoring System (TPMS)
14.Traffic Jam Assist (TJA)
by Component
1.Camera Unit
2.LiDAR
3.Radar Sensor
4.Ultrasonic Sensor
5. Infrared Sensor
by Vehicle
1.Passenger Car
2.Light Commercial Vehicle
3. Truck
4.Bus
by System
According to the system, the market for night vision systems is expected to develop as demand for improved safety systems such as ADAS in autos rises. Increased vehicle production and increased need for enhanced night vision in automobiles to help driver visibility are expected to boost the night vision system market.
by Component
Important OEMs are integrating ADAS technologies based on the component to boost safety ratings and attract more consumers. As a result, they either standardise or provide safety measures as choices across models. The key drivers of the ADAS market are growing safety awareness and an increase in accidents, which has resulted in higher demand for radar sensors in countries such as China and the United States.
Automotive Advanced Driver Assistance Systems Market Key Players:
The major players covered in the Automotive Advanced Driver Assistance Systems market report are
1.Valeo(France)
2.Autoliv(Sweden)
3. Audi( Germany)
4.BMW(Germany)
5.Robert Bosch(Germany)
6. Continental AG(Germany)
7.Aptiv (Delphi Automotive)(Germany)
8.Intel (US)
9. Texas Instruments(US)
10. Aptiv (UK)
11. Delphi Automotive(UK)
12. NXP Semiconductor(Netherlands)
13.Panasonic Corporation(Japan)
14.Denso(Japan)
15. Renesas Electronics Corporation(Japan)
16.Magna International Inc.(Canada)
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Automotive Advanced Driver Assistance Systems Market Regional Analysis:
A research team conducted extensive primary and secondary research for the worldwide industry’s Automotive Advanced Driver Assistance Systems market study. Secondary research has been conducted in order to improve the available data, segment the market, assess total market size, forecast market size, and growth rate. Various approaches for calculating market value and market growth rate have been established. Our staff collects market facts and data from many areas in order to provide a more realistic regional perspective. The research’s country-level analysis is developed by examining multiple regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic indicators.
Separate market share data is provided for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts should maximize their competitive strengths and do competitive analysis on each rival independently.
COVID-19 Impact Analysis on Automotive Advanced Driver Assistance Systems Market:
The Automotive Advanced Driver Assistance Systems market research also includes a complete assessment of COVID-19’s influence on the Automotive Advanced Driver Assistance Systems market based on import, suppliers, and market players.
Key Questions Answered in the Automotive Advanced Driver Assistance Systems Market Report are:
- Which segment was responsible for the largest share in the Automotive Advanced Driver Assistance Systems market?
- How was the competitive scenario of the Automotive Advanced Driver Assistance Systems market in 2022?
- Which are the key factors responsible for the Automotive Advanced Driver Assistance Systems market growth?
- Which region held the maximum share in the Automotive Advanced Driver Assistance Systems market in 2022?
- Automotive Advanced Driver Assistance Systems Market: Research Methodology
- Automotive Advanced Driver Assistance Systems Market: Executive Summary
- Market Overview and Definitions
- Introduction to Automotive Advanced Driver Assistance Systems Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Automotive Advanced Driver Assistance Systems Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Automotive Advanced Driver Assistance Systems Market Segmentation
- Automotive Advanced Driver Assistance Systems Market, by System (2023-2029)
- Automotive Advanced Driver Assistance Systems Market, by Component (2023-2029)
- Automotive Advanced Driver Assistance Systems Market, by Vehicle (2023-2029)
- Regional Automotive Advanced Driver Assistance Systems Market(2023-2029)
- Regional Automotive Advanced Driver Assistance Systems Market, by Componentsby System (2023-2029)
- Regional Automotive Advanced Driver Assistance Systems Market, by Component (2023-2029)
- Regional Automotive Advanced Driver Assistance Systems Market, by Vehicle (2023-2029)
- Regional Automotive Advanced Driver Assistance Systems Market, by Country (2023-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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