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
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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)
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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:
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