ADAS Device/Components Market

The global ADAS Device/Components market was valued at 413.86 Million USD in 2021 and will grow with a CAGR of 37.16% from 2021 to 2027, based on Research newly published report.

The prime objective of ADAS Device/Components Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, ADAS Device/Components Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

This market intelligence report provides a multidimensional view of the global ADAS driving components market in terms of market size and growth potential. This research report aims at answering various aspects of the global ADAS driving components market with the help of key factors driving the market, threats that can possibly inhibit the overall market growth, and the current growth opportunities that is going to shape the future trajectory of the market expansion. Further, the report provides a detailed market analysis and forecast with respect to various component types (cameras, radars, ultrasonic sensors, LiDARs and ECUs) and vehicle types, which include passenger cars and commercial vehicles (light commercial vehicles, heavy trucks and heavy buses). Additionally, on the basis of automation level, the ADAS and autonomous driving components market is segmented into level 1, level 2, level 3, level 4 and level 5 automation.Among all the components, a major contributor towards the market in 2017 was radar and it accounted for 37.5% share in 2017 by value. In the year 2016, level 1 (ADAS) components dominated the market. However, due to the expected increase in the number of level 2 equipped vehicles in the future years, it is anticipated that level 2 autonomous components will dominate the market. Geographically, Europe contributed the largest share of the market revenue of ADAS and autonomous driving market in 2017. Whereas, North America is expected to grow at the highest CAGR during the forecast period.

By Market Verdors:

• ZF Friedrichshafen AG (Germany)
• Velodyne LiDAR (the U.S.)
• Magna International Inc. (Canada)
• LeddarTech (Canada)
• NVIDIA Corporation (the U.S.)
• Robert Bosch GmbH (Germany)
• Continental AG (Germany)
• Delphi Automotive PLC (the U.K)
• Denso Corporation (Japan)
• Infineon Technologies AG (Germany)
• Mobileye N.V. (Israel)
• Analog Devices, Inc. (the U.S)

By Types:

• Camera
• Radar
• LiDAR
• Ultrasonic sensor
• ECUs

By Applications:

• Passenger cars
• Commercial vehicles

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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