The latest study on the Advanced Driver Assistance System and Autonomous Driving Components Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2030 . The report covers the estimation of key market players, emerging new players, and regional analysis to offer a better understanding of the Advanced Driver Assistance System and Autonomous Driving Components Market . Furthermore, the report is updated with the changes in the market dynamics and economic scenario due to the COVID-19 pandemic. The report assesses the impact of the pandemic on the overall market and provides a detailed assessment of the present and future impact of the COVID-19 pandemic on the industry.
The global Advanced Driver Assistance System (ADAS) and autonomous driving components market size is expected to reach USD 186.29 Billion in 2032 and register a revenue CAGR of 16.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for safe and efficient vehicles by consumers can be attributed to the steady market revenue growth. Nearly all automotive accidents are caused by human error, which can be avoided by Advanced Driver Assistance Systems (ADAS).
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Major companies in the market include
Robert Bosch GmbH, Continental AG, Denso Corporation, Hyundai Mobis, Magna International Inc., Veoneer Holdco, LLC., Aptiv, ZF Friedrichshafen AG, Valeo, Analog Devices, Inc.
Covid impact analysis:
The report considers Advanced Driver Assistance System and Autonomous Driving Components Market COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments. The report is refurbished with the impact of the recent COVID-19 pandemic on the global Advanced Driver Assistance System and Autonomous Driving Components Market . The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the Advanced Driver Assistance System and Autonomous Driving Components Market . The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the market post-COVID-19 crisis.
The objective of the Advanced Driver Assistance System and Autonomous Driving Components Market study :
is to define Advanced Driver Assistance System and Autonomous Driving Components Market sizes of different segments countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors challenges which will define the future growth of the market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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Scope of the Global Advanced Driver Assistance System and Autonomous Driving Components Market Report :
The report performs an accurate estimation of the Advanced Driver Assistance System and Autonomous Driving Components Market growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Advanced Driver Assistance System and Autonomous Driving Components Market industry, which turns out to be beneficial for readers interested in this sector.
For the purpose of this report, Emergen Research has segmented the global Advanced Driver Assistance System (ADAS) and autonomous driving components market on the basis of system, vehicle type, propulsion, type, and region:
· System Outlook (Revenue, USD Billion; 2019–2032)
- Adaptive Cruise Control
- Adaptive Front Light
- Automatic Emergency Braking
- Blind Spot Detection
- Cross Traffic Alert
- Driver Monitoring System
- Forward Collision Warning
- Night Vision System
- Pedestrian Detection System
- Road Sign Recognition
- Traffic Jam Assist
- Others
· Vehicle Type Outlook (Revenue, USD Billion; 2019–2032)
- Passenger Vehicle
- Mid-Sized Car
- Sedan
- Minivan
- Convertible
- Crossover
- Hatchback
- Others
- Light Commercial Vehicle (LCV)
- Compact
- Utility Vehicle
- Supermini
- Light Truck
- Others
- Passenger Vehicle
Advanced Driver Assistance System and Autonomous Driving Components Market Geographical Overview:
The latest report broadly categorizes the global Advanced Driver Assistance System and Autonomous Driving Components Market into several geographical terrains, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
The study is inclusive of essential information relevant to each region in this broad industry segment, along with the key drivers of the regional market growth.
The report further estimates the revenue accumulated by these regions over the forecast period.
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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