Global Automotive ADAS and Autonomous Driving Components Market 2019-2023

Below are some of the key findings from this automotive ADAS and autonomous driving components industry analysis report

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Global automotive ADAS and autonomous driving components industry overview

The growing adoption of sensor fusion technique is one of the critical reasons expected to propel the automotive ADAS and autonomous driving components market growth in the next five years. Most of the prominent ADAS technologies have gained adoption across a broad segment of vehicles, and modern vehicles have many electronic systems that require various types of sensors, such as radar, image, ultrasonic, infrared, or Lidar. The sensor fusion technique mitigates the weakness of each sensor type to make the system more reliable and effective by taking inputs from different sensors and using the information to perceive the environment more accurately. The growing popularity of sensor fusion concept among OEMs for luxury vehicles is a critical factor behind the growth of the market over the next five years. The prioritization of automotive safety in the automotive industry will drive the automotive ADAS and autonomous driving components market to grow at a CAGR of over 23% during the forecast period.

Top automotive ADAS and autonomous driving component companies covered in this market research report

The automotive ADAS and autonomous driving components market is reasonably concentrated with the existence of a few international and regional automotive ADAS and autonomous driving component companies offering products such as radar sensor, image sensor, ultrasonic sensor, infrared sensor, and other sensors. Many established automotive ADAS and autonomous driving component suppliers are vying for their share of the market, and the new players must differentiate themselves to gain vital traction over their peers. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automotive ADAS and autonomous driving components industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies for improving their share in the market.

The report offers a complete analysis of various automotive ADAS and autonomous driving component suppliers including:

• Aptiv
• Bosch
• Continental 
• DENSO
• Magna International
• ZF Friedrichshafen

Automotive ADAS and autonomous driving components market segmentation based on geographic regions

• The Americas
• EMEA
• APAC

With a complete study of the growth opportunities for the automotive ADAS and autonomous driving component suppliers, EMEA will contribute to the highest growth of this market throughout the forecast period.

Automotive ADAS and autonomous driving components market segmentation based on application type

• Radar sensor
• Image sensor
• Ultrasonic sensor
• Infrared sensor
• Other sensors

The radar sensors market segment will account for the highest growth in the automotive ADAS and autonomous driving components market. The report provides an accurate prediction of the contribution of the various sensor types to the growth of the automotive ADAS and autonomous driving components market size.

Key highlights of the global automotive ADAS and autonomous driving components market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the automotive ADAS and autonomous driving components market during the next five years
• Precise estimation of the global automotive ADAS and autonomous driving components market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive ADAS and autonomous driving components industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details about factors that will challenge the growth of automotive ADAS and autonomous driving component companies