ADAS and Autonomous Driving Components Market Size, Growth Drivers And Forecast | Leading Players


The rising number of government initiatives globally related to the safety of the vehicles coupled with the rising demand for safe and efficient vehicles are the major factors attributing to the growth of the ADAS market over the forecasted period.

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The ADAS and Autonomous Driving Components Market report is an in-depth analysis that forecasts market growth and market size based on market trends, consumer behaviour changes, consumption and production patterns, product portfolios made available by the market, growth rate, drivers and constraints, financial standings, and current challenges and ADAS and Autonomous Driving Components market restraints.

The Global ADAS and Autonomous Driving Components Market is projected to reach USD 118.03 billion in 2027. The continual development in automotive electronics sensors application and technology, the rising concern for safety, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and increasing use of sensors in hybrid semi hybrid and electric cars are boosting the demand of ADAS and autonomous driving components market.

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Competitive Terrain:

The global ADAS and Autonomous Driving Components industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Robert Bosch, ZF Friedrichshafen, Denso, Continental AG, Valeo, Magna International, Veoneer, Hyundai Mobis, Aptiv, and Analog Devices

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global ADAS and Autonomous Driving Components market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the ADAS and Autonomous Driving Components market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global ADAS and Autonomous Driving Components market.

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Market Segmentations of the ADAS and Autonomous Driving Components Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global ADAS and Autonomous Driving Components market on the basis of product, application, and region:

Segments Covered in this report are:

  • System Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

  • Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

    • Passenger Vehicle
      1. Mid-sized car
      2. Sedan
      3. Minivan
      4. Convertible
      5. Crossover
      6. Hatchback
      7. Others
    • Light Commercial Vehicle (LCV)
      1. Compact
      2. Utility Vehicle
      3. Supermini
      4. Light Truck
      5. Others
    • Heavy Commercial Vehicle (HCV)
      1. Mobile Truck
      2. Limo
      3. Recreational Vehicle
      4. Towing Truck
      5. Fire Trucks
      6. Others
  • Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

    • Electric Vehicles
      1. Battery Electric Vehicle
      2. Fuel Cell Electric Vehicle
      3. Hybrid Electric Vehicle
      4. Plug-in Hybrid Electric Vehicle
    • Gasoline Powered

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Regional Outlook of the ADAS and Autonomous Driving Components Market

The global ADAS and Autonomous Driving Components market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global ADAS and Autonomous Driving Components market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

Key reasons to buy the Global ADAS and Autonomous Driving Components Market report:

  1. The latest report comprehensively studies the global ADAS and Autonomous Driving Components market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

In conclusion, the ADAS and Autonomous Driving Components Market report is an exhaustive database that will help readers formulate lucrative strategies. The ADAS and Autonomous Driving Components Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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