Global ADAS & Autonomous Driving Components Market 2023-2028: Share, Size, Industry Analysis, Growth Drivers, Innovation, and Future Outlook

Global ADAS & Autonomous Driving Components Market 2023-2028: Share, Size, Industry Analysis, Growth Drivers, Innovation, and Future Outlook

March 12, 2024
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The Global ADAS & Autonomous Driving Components Market is expected to grow at a CAGR of around 21% during the forecast period, i.e., 2023-28. MarkNtel Advisors’ recently published versions of the study on the Global ADAS & Autonomous Driving Components Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.

Essential Parameters

  • Timefrvame and Metrics
  • Historical Period: 2018-21
  • Base Year: 2022
  • Forecast Years: 2023-2028
  • Units: USD Million/Billion
  • Our goal is to offer clients with relevant and up-to-date information. To achieve this, our skilled analysts and researchers conduct thorough studies on the industry.
  • Before creating a roadmap or checklist for the research report, we seek to understand the client’s perspective and objectives.
  • The figures in our reports are tailored with input from industry experts, ensuring our reports are comprehensive solutions for clients.
  • We use both primary and secondary research approaches to gather unbiased and comprehensive market information.

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Key Driver: Stringent Safety Standards & the Mounting Demand for Autonomous Vehicles

Governments of various countries worldwide are mandating the integration of advanced safety features in vehicles, such as LDW (Lane Departure Warning) & AEB (Automatic Emergency Braking), to provide drivers with enhanced safety & comfort and reduce the rising number of road accidents. Several consumers are showing greater interest in autonomous vehicles integrated with advanced technologies like LiDAR, radar sensors, ultrasonic sensors, & HD cameras for data collection that help increase driving accuracy. These ongoing trends in the automotive sector are the major aspects projected to drive the Global ADAS & Autonomous Driving Components Market during 2023-28.

Analyzing the Segmentations for the Global ADAS & Autonomous Driving Components Market

Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:

By Level of Automation

-Level 1 (Advanced Driving Assist Systems)

-Level 2 (Partial Automation)

-Level 3 (Conditional Automation)

-Level 4 (High Automation)

-Level 5 (Full Automation)

By Vehicle Type

-Passenger Car

-Commercial Vehicle

-Light Commercial Vehicle

-Medium Weight Commercial Vehicle

-Heavy Commercial Vehicle

-Ultra Heavy Commercial Vehicle

By Components Type

-Camera

-Radar

-Ultrasonic Sensors

-LiDAR

-Mechanical Automotive LiDAR

-Solid State Automotive LiDAR

-Electronic Control Unit

By System

-Adaptive Cruise Control (ACC)

-Adaptive Front Light (AFL)

-Automatic Emergency Braking (AEB)

-Blind Spot Detection (BSD)

-Cross Traffic Alert (CTA)

-Driver Monitoring System (DMS)

-Forward Collision Warning (FCW)

-Intelligent Park Assist (IPA)

-Lane Departure Warning (LDW)

-Night Vision System (NVS)

-Pedestrian Detection System (PDS)

-Road Sign Recognition (Rsr)

-Tire Pressure Monitoring System (TPMS)

-Traffic Jam Assist (TJA)

View Full Report with TOC & List of Figure: https://www.marknteladvisors.com/research-library/global-adas-autonomous-driving-components-market.html

Exploring the Geographical Landscape of the Global ADAS & Autonomous Driving Components Industry

Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:

-North America

-South America

-Asia-Pacific

-Europe

-Middle East & Africa.

Do You Know Who are the Leading Companies in the Global ADAS & Autonomous Driving Components Market?  

Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global ADAS & Autonomous Driving Components Market companies:

-Analog Devices Inc.

-Autoliv Inc

-Continental AG

-Delphi Automotive PLC

-DENSO Corporation

-HERE

-IBEO Automotive Systems GmbH

-Infineon Technologies AG

-Intel Corporation

-LeddarTech.

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Key Questions Addressed in the Global ADAS & Autonomous Driving Components Market Research Report:

  • What is the estimated size, share, and CAGR of the Global ADAS & Autonomous Driving Components Market in the forecast period?
  • What are the key trends projected to impact the Global ADAS & Autonomous Driving Components Market during 2023-2028?
  • What are the different segments & sub-segments considered in the Global ADAS & Autonomous Driving Components Market research study?
  • Who are the key stakeholders and players participating in the Global ADAS & Autonomous Driving Components Market?
  • What are the major aspects creating opportunistic arena for the Global ADAS & Autonomous Driving Components Market?
  • What would be the demand for different types of products/services in the Global ADAS & Autonomous Driving Components Market through 2028?
  • What all factors would create challenge for the Global ADAS & Autonomous Driving Components Industry growth?

About Us-

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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