Press release
Automotive ADAS Sensor Market Probiotics Market Share to Reach US$ 69.71 Billion Globally by 2032 at 9.2% CAGR: Polaris Market Research
An Advanced Driver assistance system (ADAS) consists of a set of in-vehicle technologies that offer active safety instructions and driving intervention and assistance. It makes use of an in-car human-machine interface (HMI) to reduce accidents and make driving safer. Some of the essential applications of an ADAS system include pedestrian detection, lane departure warning, automatic emergency braking, traffic sign recognition, and blind spot detection. One of the most significant benefits of an ADAS system is improved vehicle safety by reducing human error.
The Automotive ADAS sensor market size was valued at USD 32.25 billion in 2023 and is projected to grow to USD 69.71 billion by 2032, exhibiting a CAGR of 9.2% during the forecast period, 2024 - 2032.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-adas-sensor-market/request-for-sample
The ADAS system relies on automotive ADAS sensors to garner information about the surroundings. These sensors take the form of radar, LiDAR, cameras, ultrasonics, speedometer, and windscreen and temperature sensors. The data from these sensors is fed into the vehicle's software which can interpret it. The results can then either be showcased to the driver via notifications or trigger a driving intervention. With the electrification of vehicles and the incorporation of modern driver assistance systems to improve vehicle safety, the market for automotive ADAS sensors is projected to develop in the upcoming years.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Altera Corporation
โข Aptiv
โข Autoliv Inc
โข Continental AG
โข DENSO Corporation
โข Garmin Ltd.
โข Infineon Technologies AG
โข Magna International
โข Mobileye
โข Robert Bosch GmbH
โข Valeo
โข Wabco Holdings Inc
โข ZF Friedrichshafen
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3678/2
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐
โข Hardware
โข Software
โข Others
๐๐ฒ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐
๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ
โข Heavy Commercial Vehicle
โข Light Commercial Vehicle
โข Passenger Cars
โข Trucks
โข Buses
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-adas-sensor-market
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐๐ ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The passenger cars segment dominated the market in 2023, driven by growing demand for safety systems in developing economies as a result of rising consumer awareness, supportive laws, and advancing road safety regulations.
โข The adaptive cruise control segment led the market in 2023 and is expected to maintain its dominance due to an increase in the demand for safety features, advancements in technologies such as radar and sensors, and government regulations.
โข North America holds a significant revenue share in the global Global Automotive ADAS Sensor market, driven by prominent automakers like Tesla, General Motors, and Ford. These companies are actively innovating autonomous vehicles for industries such as pharmaceuticals, healthcare, and logistics, which is projected to bolster market sales.
โข The global key market players include Robert Bosch GmbH, DENSO Corporation, Continental AG, Aptiv, Valeo, Magna International, ZF Friedrichshafen, Altera Corporation, Autoliv Inc, Garmin Ltd., Infineon Technologies AG and Mobileye.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐๐ง๐ง๐๐-๐๐ง๐ฆ๐๐ง๐ง๐๐ ๐๐๐๐ฆ๐ข๐ง๐ (๐๐๐-๐) ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3417580/synergizing-operations-manned-unmanned-teaming-mum-t
๐๐๐ ๐๐ก๐ข๐๐ฅ๐๐ข๐ง๐ ๐๐ง๐ ๐๐๐ฌ๐ญ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3417595/shielding-innovations-emc-shielding-and-test-equipment-market
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐.๐ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3417623/embracing-the-future-industry-5-0-market-trends-and-growth
๐๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ข๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3417637/charging-ahead-ev-charging-communication-unit-market-business
๐๐๐ค๐๐๐ฎ๐ฅ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ: https://www.openpr.com/news/3417660/insuring-cooperation-takaful-insurance-market-regional
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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