Global Advanced Driver Assistance Systems (ADAS) Market Set to Surge to USD 47.7 Billion by 2030, Growing at a CAGR of 16.35%

The Global Advanced Driver Assistance Systems (ADAS) Market is projected to experience significant growth, expanding from USD 14.2 billion in 2022 to an estimated USD 47.7 billion by 2030, with a robust CAGR of 16.35% during the forecast period from 2021 to 2030. This report by DataGuru Research Partners provides a thorough analysis of the market dynamics, key trends, and technological advancements driving this growth. It explores essential factors such as market drivers, restraints, and opportunities, along with comprehensive insights into various components, solutions, and vehicle types within the ADAS sector.

Market Overview

The Global Advanced Driver Assistance Systems (ADAS) Market was valued at USD 14.2 Billion in 2022 and is estimated to reach at USD 47.7 Billion in 2030 growing at a CAGR of 16.35% over the forecast period from 2023-2030. The report would provide you with market size estimates both in terms of revenue (USD Million) and volume (Million Units) for the time period from 2021 to 2030. The report would provide various factors responsible for growth of the market across various geographies considered under the scope of the study. The report covers in-depth global and regional level analysis of various market segmentations based on Component, Solution, Vehicle Type, and Region.

Regional Analysis

Based on region, Global Advanced Driver Assistance Systems (ADAS) Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is divided into United States, Canada, and Mexico. Europe is bifurcated into Germany, U.K., France, Italy, Spain and Rest of Europe. The key countries covered under Asia Pacific region includes China, Japan, India, South East Asia and Rest of Asia Pacific. Middle East & Africa is bifurcated into UAE, Saudi Arabia, South Africa and Rest of MEA. Finally, Latin America is divided into Brazil, Argentina and Rest of Latin America.

Competition Landscape

The report covers company profiles and competition analysis of major players operating under Global Advanced Driver Assistance Systems (ADAS) Market. The company profile section includes Company Overview, Financials, Business Overview, Recent Developments, Key Strategies, Product Mapping, Regional Presence, etc. Further, the competition analysis provides you with details about Competitor Overview, Market Share Analysis, Company Performance based on Various Parameters, etc. The major players operating in Global Advanced Driver Assistance Systems (ADAS) Market are Denso Corporation, Continental AG, Infineon Technologies AG, Magna International, Autoliv Inc.    , HARMAN International, Delphi Technologies, Robert Bosch GmbH, ZF Friedrichshafen AG, and Mobileye.

Market Segmentation

The Global Advanced Driver Assistance Systems (ADAS) Market can be segmented on the basis of Component, Solution, Vehicle Type, and Region. Further, the report would provide a detailed analysis based on below mentioned market segmentation at the global as well regional levels.

Global Advanced Driver Assistance Systems (ADAS) Market Scope:  

Global Advanced Driver Assistance Systems (ADAS) Market
Base Year2022Historical Year2021
Forecast Period2023-2030CAGR (2023-2030)16.35%
Market Size in 202214.2 BillionMarket Size in 203047.7 billion
Segments CoveredBy Component• Processor
• Sensors
• Software
• Others
By Solution• Adaptive Cruise Control
• Blind Spot Detection System
• Park Assistance
• Lane Departure Warning System
• Tire Pressure Monitoring System
• Autonomous Emergency Braking
• Adaptive Front Lights
• Others
By Vehicle Type• Passenger Cars
• Commercial Vehicles

 

Global Advanced Driver Assistance Systems (ADAS) Market by, Region and Countries:

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East and Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Reason to Purchase the Report:

  • Latest trends in the market
  • In depth market segmentation and cross regional / country analysis
  • Market dynamics analysis including drivers, restraints and opportunities in the market
  • Market sizing and segment analysis
  • Competition Analysis including profiling of key market players
  • Market share analysis and key strategies adopted by key players
  • Recent developments and technological advancement by key players in the market
  • Key takeaways from the research findings to take strategic decision in business needs
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