ADAS and Autonomous Driving Components Market Analysis: Competitive Landscape and Key Players

 The Global ADAS and Autonomous Driving Components Market is projected to reach USD 118.03 billion in 2027. The continual development in automotive electronics sensors application and technology, the rising concern for safety, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and increasing use of sensors in hybrid semi hybrid and electric cars are boosting the demand of ADAS and autonomous driving components market.

The Global ADAS and Autonomous Driving Components Market Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the ADAS and Autonomous Driving Components Market market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.

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Effect of COVID-19 on the global market for ADAS and Autonomous Driving Components Market

The COVID-19 pandemic had a significant negative influence on the market for ADAS and Autonomous Driving Components Market in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of ADAS and Autonomous Driving Components Market were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of ADAS and Autonomous Driving Components Market in 2020. Additionally, demand for ADAS and Autonomous Driving Components Market decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.

ADAS and Autonomous Driving Components Market market : Competitive Landscape

The prominent players operating in the ADAS and Autonomous Driving Components Market market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the ADAS and Autonomous Driving Components Market market .

Robert Bosch, ZF Friedrichshafen, Denso, Continental AG, Valeo, Magna International, Veoneer, Hyundai Mobis, Aptiv, and Analog Devices

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the Global ADAS and Autonomous Driving Components Market Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.

Based on types, the market is segmented into

  • System Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

  • Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

    • Passenger Vehicle
      1. Mid-sized car
      2. Sedan
      3. Minivan
      4. Convertible
      5. Crossover
      6. Hatchback
      7. Others
    • Light Commercial Vehicle (LCV)
      1. Compact
      2. Utility Vehicle
      3. Supermini
      4. Light Truck
      5. Others
    • Heavy Commercial Vehicle (HCV)
      1. Mobile Truck
      2. Limo
      3. Recreational Vehicle
      4. Towing Truck
      5. Fire Trucks
      6. Others

  • Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

    • Electric Vehicles
      1. Battery Electric Vehicle
      2. Fuel Cell Electric Vehicle
      3. Hybrid Electric Vehicle
      4. Plug-in Hybrid Electric Vehicle
    • Gasoline Powered

Regional Outlook :

The growth of the ADAS and Autonomous Driving Components Market Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.

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