The global market for Automotive ADAS and Autonomous Driving Components was valued at US$53.4 Billion in 2024 and is projected to reach US$122.6 Billion by 2030, growing at a CAGR of 14.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The integration of ADAS and autonomous driving technologies into modern vehicles is increasingly being driven by regulatory and consumer demand for safer vehicles. Governments around the world are implementing regulations that mandate the inclusion of certain ADAS features in new vehicles. This regulatory push is accompanied by consumer expectations for higher safety standards, which influence car buyers' decisions. As the technology advances, the cost of sensors and components has decreased, making these systems more accessible to a broader segment of the automotive market. Additionally, the push towards connected infrastructure and smart cities is facilitating greater synergies between vehicle technology and urban environments, such as the ability to communicate with traffic signals and other vehicles to optimize traffic flow and enhance safety.
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.
Global Automotive ADAS and Autonomous Driving Components Market - Key Trends and Drivers Summarized
Automotive Advanced Driver-Assistance Systems (ADAS) and autonomous driving components represent a significant shift towards safer and more efficient driving experiences. ADAS encompasses a range of systems designed to enhance vehicle safety and help the driver in the driving process. These systems utilize a variety of technologies including cameras, radar, LiDAR (Light Detection and Ranging), ultrasonic sensors, and sophisticated algorithms to interpret data and make real-time decisions. Common ADAS features include adaptive cruise control, lane keeping assist, automatic emergency braking, and blind-spot detection. These technologies serve as the building blocks for fully autonomous vehicles, which aim to reduce human input in driving to a minimum or eliminate it entirely. The development of autonomous driving technologies is seen as a key step toward reducing road accidents, enhancing traffic efficiency, and decreasing carbon emissions through optimized driving patterns.The integration of ADAS and autonomous driving technologies into modern vehicles is increasingly being driven by regulatory and consumer demand for safer vehicles. Governments around the world are implementing regulations that mandate the inclusion of certain ADAS features in new vehicles. This regulatory push is accompanied by consumer expectations for higher safety standards, which influence car buyers' decisions. As the technology advances, the cost of sensors and components has decreased, making these systems more accessible to a broader segment of the automotive market. Additionally, the push towards connected infrastructure and smart cities is facilitating greater synergies between vehicle technology and urban environments, such as the ability to communicate with traffic signals and other vehicles to optimize traffic flow and enhance safety.
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.
Report Scope
The report analyzes the Automotive ADAS and Autonomous Driving Components market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Component Type (Image Sensor, Radar Sensor, Infrared Sensor, Laser, Capacitive Sensor, Other Component Types).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Image Sensor Component segment, which is expected to reach US$42.1 Billion by 2030 with a CAGR of a 16.3%. The Radar Sensor Component segment is also set to grow at 17.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $14.4 Billion in 2024, and China, forecasted to grow at an impressive 20.1% CAGR to reach $28 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 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., Bosch Mobility, Continental Automotive Technologies GmbH and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
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?
Some of the 61 major companies featured in this Automotive ADAS and Autonomous Driving Components market report include:
- 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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 211 |
| Published | March 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 53.4 Billion |
| Forecasted Market Value ( USD | $ 122.6 Billion |
| Compound Annual Growth Rate | 14.9% |
| Regions Covered | Global |
