Automotive ADAS and Autonomous Driving Components - Global Strategic Business Report

The global market for Automotive ADAS and Autonomous Driving Components is estimated at US$46.2 Billion in 2023 and is projected to reach US$122.6 Billion by 2030, growing at a CAGR of 14.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the ADAS and autonomous driving components market is driven by several factors, including technological innovations, regulatory mandates, and changes in consumer preferences. Technological advancements are continuously improving the accuracy and reliability of sensors and software that are critical for the functionality of these systems. For instance, enhancements in artificial intelligence and machine learning algorithms are enabling more sophisticated data processing and decision-making capabilities in real-time, which are essential for autonomous driving. Regulatory factors also significantly impact this market; many countries are adopting stricter safety regulations that require vehicles to be equipped with advanced safety features, thereby boosting the adoption of ADAS systems. Furthermore, consumer behavior is increasingly favoring vehicles equipped with advanced safety features, not only for the added security they provide but also for the increased resale value they offer. The growing awareness of the environmental and societal benefits of reduced traffic incidents and lower emissions also contributes to the demand for advanced vehicle technologies. These dynamics are propelling robust growth and rapid evolution in the ADAS and autonomous driving technologies sector.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Image Sensor segment, which is expected to reach US$42.1 Billion by 2030 with a CAGR of a 16.4%. The Radar Sensor segment is also set to grow at 17.9% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $12.6 Billion in 2023, and China, forecasted to grow at an impressive 20.1% CAGR to reach $28.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Automotive ADAS and Autonomous Driving Components Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive ADAS and Autonomous Driving Components Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Automotive ADAS and Autonomous Driving Components Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Analog Device, Inc, Aptiv PLC, Autoliv Inc., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 61 Featured):

• Analog Device, Inc
• Aptiv PLC
• Autoliv Inc.
• Bosch Mobility
• Continental Automotive Technologies GmbH
• Denso Corporation
• Infineon Technologies AG
• LeddarTech Inc.
• Magna International Inc.
• Mobileye Vision Technologies Ltd.
• Murata Manufacturing Co. Ltd
• NVIDIA Corporation
• NXP Semiconductors NV
• Texas Instruments Incorporated
• Valeo
• ZF Friedrichshafen AG;