ADAS Market witnessing a CAGR of 11.7% and is anticipated to reach US$ 57760 million by 2030 | Key Players: Aisin Seiki, Autoliv, Bosch, Continental, Delphi Automotive, Denso, Freescale Semiconductors

The ADAS Market is set to hit $57,760 million by 2030, with a robust 11.7% CAGR, driven by the growing demand for advanced safety features in vehicles and the rise in adoption of autonomous driving technologies.
Automotive vision, MMW radar and ADAS are the market segments that develop first with the MMW radar market enjoying an impressive growth rate, closely followed by low-speed autonomous driving. While LiDAR, commercial-vehicle autonomous driving and passenger-car autonomous driving markets lag behind.

The global ADAS Market [https://www.themarketreports.com/report/global-adas-market-research-report] was valued at US$ 25770 million in 2023 and is anticipated to reach US$ 57760 million by 2030, witnessing a CAGR of 11.7% during the forecast period 2024-2030.

As the automobile enters an era of ADAS and autonomous driving, product iteration races up and lifecycle of products is shortened. The automotive market is far smaller than consumer electronics market but sees bigger difficulty in design and higher design and production costs than that in consumer electronics market. Thus automotive ADAS and autonomous driving processor is confronted with higher risks. Hence adequate financial and human resources are required to support the development of automotive ADAS and autonomous driving processors. Globally, only very a few enterprises like NXP and Renesas are capable of developing whole series of ADAS and autonomous driving processors.

This report aims to provide a comprehensive presentation of the global market for ADAS, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ADAS.

Report Scope

The ADAS market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global ADAS market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the ADAS manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Request a Sample Copy or Connect for Further Details: https://www.themarketreports.com/report/ask-your-query/1908493

Market Segmentation

By Company

* Aisin Seiki
* Autoliv
* Bosch
* Continental
* Delphi Automotive
* Denso
* Freescale Semiconductors
* Gentex
* Harman International
* Hella
* Hyundai Mobis
* Magna International
* Mobileye
* NVIDIA
* Panasonic
* Joyson Safety Systems
* Texas Instruments
* TRW Automotive
* Valeo

Segment by Type

* Hardware
* Software

Segment by Application

* PC
* LCV
* Buses
* Trucks

Production by Region

* North America
* Europe
* China
* Japan
* South Korea
* India

Consumption by Region

* North America (United States, Canada and Mexico)
* Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
* Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
* South America (Brazil, Argentina, Colombia, and Rest of South America)
* Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of ADAS manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of ADAS by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of ADAS in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Read More Related Research Reports:

Autonomous Vehicles and ADAS Market: https://www.themarketreports.com/report/global-autonomous-vehicles-and-adas-market-research-report

Automotive ADAS Market: https://www.themarketreports.com/report/global-automotive-adas-market-research-report

In-car Camera Lens for ADAS Market: https://www.themarketreports.com/report/global-in-car-camera-lens-for-adas-market-research-report

About US:

At 'The Market Reports', we are a trusted market research firm dedicated to empowering businesses with valuable insights and data to drive their success. We offer a wide range of comprehensive market research reports to meet the unique needs of each client. From market analysis and competitive intelligence to consumer behaviour and trend forecasting, we provide the critical information necessary to make informed decisions and stay ahead of the competition. Our goal is to empower our clients with the knowledge they need to drive growth, make strategic investments, and seize new opportunities.

Media Contact
Company Name: The Market Reports
Contact Person: Shirish Gupta
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=adas-market-witnessing-a-cagr-of-117-and-is-anticipated-to-reach-us-57760-million-by-2030-key-players-aisin-seiki-autoliv-bosch-continental-delphi-automotive-denso-freescale-semiconductors]
Phone: +16314071315
Address:SF-29, Sacred World, Wanawadi
City: Pune
State: Maharastra
Country: India
Website: https://www.themarketreports.com/report/global-adas-market-research-report



This release was published on openPR.