P&S Intelligence expects the ADAS sensor market value to escalate to $40.8 billion by 2030 from $11.5 billion in 2019, at an 11.7% CAGR between 2020 and 2030. The demand for autonomous vehicles is itself being driven by the rising number of road accidents, which already kill more than 1.3 million people each year, according to the World Health Organization (WHO). Since human error is the cause of most such mishaps, not letting humans have the driving control could help lower the road accident and mortality rates.Therefore, with the increasing popularity of self-driving vehicles.
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As a result, Europe and North America have been among the largest contributors to the ADAS sensor market till now. Moreover, the regions are home to numerous semiconductor and automotive technology companies, as well as automakers, who are all working together on the enhancement of the autonomous driving technology and making it a reality. For instance, in its pilot program conducted in 2019, Waymo ferried 6,299 passengers in its robotaxis across California. Similarly, France, Switzerland, the Netherlands, Sweden, Norway, and Spain have modified their road transportation laws to encourage the testing and future adoption of self-driving vehicles.
Hence, with efforts being made on a global level to make roads safer, the integration rate of ADAS sensors in vehicles will boom.
Historical and the present size of the ADAS Sensor Market
Historical and the present size of the market segments and understand their comparative future potential
Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
This market intelligence report provides a multidimensional view of the global ADAS driving components market in terms of market size and growth potential.
This research report aims at answering various aspects of the global ADAS driving components market with the help of key factors driving the market, threats that can possibly inhibit the overall market growth, and the current growth opportunities that is going to shape the future trajectory of the market expansion.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-adas-devicecomponents-2025-622Geographically, Europe contributed the largest share of the market revenue of ADAS and autonomous driving market in 2017.
Whereas, North America is expected to grow at the highest CAGR during the forecast period.Global ADAS Device/Components market size will reach 58900 million US$ by 2025, from 4330 million US$ in 2018, at a CAGR of 38.6% during the forecast period.
In this study, 2018 has been considered as the base year and 2019–2025 as the forecast period to estimate the market size for ADAS Device/Components.This industry study presents the global ADAS Device/Components market size, historical breakdown data (2014–2019) and forecast (2019–2025).
The ADAS Device/Components production, revenue and market share by manufacturers, key regions and type;The consumption of ADAS Device/Components in volume terms are also provided for major countries (or regions), and for each application and product at the global level.
Market share, growth rate, and competitive factors are also evaluated for market leaders ZF Friedrichshafen AG (Germany), Velodyne LiDAR (the U.S.), etc.The following manufacturers are covered in this report:ZF Friedrichshafen AG (Germany)Velodyne LiDAR (the U.S.)Magna International Inc. (Canada)LeddarTech (Canada)NVIDIA Corporation (the U.S.)Robert Bosch GmbH (Germany)Continental AG (Germany)Delphi Automotive PLC (the U.K)Denso Corporation (Japan)Infineon Technologies AG (Germany)Mobileye N.V. (Israel)Analog Devices, Inc. (the U.S)ADAS Device/Components Breakdown Data by TypeCameraRadarLiDARUltrasonic sensorECUsADAS Device/Components Breakdown Data by ApplicationPassenger carsCommercial vehiclesADAS Device/Components Production by RegionUnited StatesEuropeChinaJapanSouth KoreaIndiaOther RegionsADAS Device/Components Consumption by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceUKItalyRussiaRest of EuropeCentral & South AmericaBrazilRest of South AmericaMiddle East & AfricaGCC CountriesTurkeyEgyptSouth AfricaRest of Middle East & AfricaThe study objectives are:To analyze and research the global ADAS Device/Components status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key ADAS Device/Components manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.To segment the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.In this study, the years considered to estimate the market size of ADAS Device/Components :History Year: 2014–2018Base Year: 2018Estimated Year: 2019Forecast Year: 2019–2025This report includes the estimation of market size for value (million USD) and volume (K Units).
