Advanced Driver Assistance System and Autonomous Driving Components Market : An In-Depth Look at the Current State and Future Outlook
The latest research report by Emergen Research, named ‘Global Advanced Driver Assistance System and Autonomous Driving Components Market - Forecast to 2032 ’, entails a comprehensive review of the global Advanced Driver Assistance System and Autonomous Driving Components Market ’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
The global Advanced Driver Assistance System (ADAS) and autonomous driving components market size is expected to reach USD 186.29 Billion in 2032 and register a revenue CAGR of 16.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for safe and efficient vehicles by consumers can be attributed to the steady market revenue growth. Nearly all automotive accidents are caused by human error, which can be avoided by Advanced Driver Assistance Systems (ADAS). The role of ADAS is to lessen incidence and severity of automotive accidents that cannot be avoided to prevent fatalities and injuries. Pedestrian detection/avoidance, lane departure warning/correction, traffic sign recognition, autonomous emergency braking, and blind spot identification are all crucial safety applications. The success of ADAS applications is dependent on these potentially life-saving solutions.
Covid impact analysis:
The global Advanced Driver Assistance System and Autonomous Driving Components Market report by emergen research is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Advanced Driver Assistance System and Autonomous Driving Components Market landscape, disrupting its supply chains, and causing volatility in prices and demand for products. The report analyzes the impact of the pandemic on the Advanced Driver Assistance System and Autonomous Driving Components Market industry and highlights its beleaguered segments. However, our analysts speculate that the market will regain traction in the post-COVID scenario.
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Major companies in the market include Robert Bosch GmbH, Continental AG, Denso Corporation, Hyundai Mobis, Magna International Inc., Veoneer Holdco, LLC., Aptiv, ZF Friedrichshafen AG, Valeo, Analog Devices, Inc.
Overview of the TOC of the Report:
- Regional analysis with sales, revenue, and market share for each region for the forecast period
- Country-wise analysis of the market by type, application, and manufacturers
- Market Segmentation based on types
- Market segmentation based on applications
- Historical and forecast estimation
For the purpose of this report, Emergen Research has segmented the global Advanced Driver Assistance System (ADAS) and autonomous driving components market on the basis of system, vehicle type, propulsion, type, and region:
· System Outlook (Revenue, USD Billion; 2019–2032)
-
- Adaptive Cruise Control
- Adaptive Front Light
- Automatic Emergency Braking
- Blind Spot Detection
- Cross Traffic Alert
- Driver Monitoring System
- Forward Collision Warning
- Night Vision System
- Pedestrian Detection System
- Road Sign Recognition
- Traffic Jam Assist
- Others
· Vehicle Type Outlook (Revenue, USD Billion; 2019–2032)
-
- Passenger Vehicle
- Mid-Sized Car
- Sedan
- Minivan
- Convertible
- Crossover
- Hatchback
- Others
- Light Commercial Vehicle (LCV)
- Compact
- Utility Vehicle
- Supermini
- Light Truck
- Others
- Passenger Vehicle
Key Geographies Profiled in the Report:
- North America (the U.S., Mexico, and Canada)
- Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
- Europe (the U.K., France, Germany, and Rest of Europe)
- Latin America (Brazil and Rest of Latin America)
- Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/adas-and-autonomous-driving-components-market
Key questions answered in the report:
Which are the five top players of the Advanced Driver Assistance System and Autonomous Driving Components Market ?
How will the Advanced Driver Assistance System and Autonomous Driving Components Market change in the next five years?
Which product and application will take a lion’s share of the Advanced Driver Assistance System and Autonomous Driving Components Market ?
What are the drivers and restraints of the Advanced Driver Assistance System and Autonomous Driving Components Market ?
Which regional market will show the highest growth?
What will be the CAGR and size of the Advanced Driver Assistance System and Autonomous Driving Components Market throughout the forecast period?
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