openPR Logo
Press release

Automotive ADAS Sensor Market Projected to Hit USD 69.71 Billion by 2032, to grow at a CAGR of 9.2% | PMR

Automotive ADAS Sensor Market

Automotive ADAS Sensor Market

Automotive ADAS Sensor Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global automotive ADAS sensor market was estimated to be worth USD 32.25 billion in 2023 and is predicted to expand to USD 69.71 billion by 2032, with a CAGR of 9.2% during the forecast period 2024-2032.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-adas-sensor-market/request-for-sample

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:

This comprehensive study provides an accurate overview of the worldwide automotive ADAS sensor industry. It includes comprehensive analyses of sales volume, price, revenue, market share, and important companies. The market is further divided into segments by offering vehicle type, component, system, sales channel, and region, offering a comprehensive picture of the market's state.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:

Because there are so many companies in the industry, it is expected to be both competitive and fragmented.

๐‡๐ž๐ซ๐ž ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ:

โ€ข Altera Corporation
โ€ข Aptiv
โ€ข Autoliv Inc
โ€ข Continental AG
โ€ข DENSO Corporation
โ€ข Garmin Ltd.
โ€ข Infineon Technologies AG
โ€ข Magna International
โ€ข Mobileye
โ€ข Robert Bosch GmbH
โ€ข Valeo
โ€ข Wabco Holdings Inc
โ€ข ZF Friedrichshafen

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3678/2

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

๐๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ 

โ€ข Hardware
โ€ข Software
โ€ข Others

๐๐ฒ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž

โ€ข Commercial Vehicles
โ€ข Heavy Commercial Vehicle
โ€ข Light Commercial Vehicle
โ€ข Passenger Cars
โ€ข Trucks
โ€ข Buses

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

Automotive Advanced Driver Assistance Systems (ADAS) sensors are an essential part of contemporary cars, meant to increase driving pleasure, safety, and convenience. These sensors use a variety of technologies to gather information from the environment around the car and, occasionally, from the car itself. After data collection, functions that help drivers with different areas of driving are enabled.

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ:

โ— Ensuring safety is paramount for car users, leading governments worldwide to enforce the inclusion of features such as lane departure warning (LDW) and automatic emergency braking (AEB).

โ—B BThe shift towards vehicle electrification is opening up promising growth prospects in vehicle automation and the automotive ADAS sensor market opportunity.

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-adas-sensor-market

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐–๐ข๐ฌ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

According to regional research, in 2023, North America dominated the global market, accounting for the greatest market share. The presence of well-known automakers like Tesla, General Motors, and Ford fuels the region's dominance. These firms are actively developing autonomous cars for areas such as pharmaceuticals, healthcare, and logistics, which are expected to increase market sales. Furthermore, the Asia Pacific region is predicted to be the fastest-growing, with a high CAGR, during the worldwide automotive ADAS sensor market projection period. The ADAS industry is being driven by expanding demand for a better, safer, and more convenient driving experience, rising disposable income in emerging nations, and severe safety requirements around the world.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

๐Ž๐ข๐ฅ๐Ÿ๐ข๐ž๐ฅ๐ ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐ข๐ญ๐ฒ ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.globenewswire.com/news-release/2023/04/04/2640954/0/en/Global-Oilfield-Integrity-Management-Market-Share-Expected-to-Growth-Over-USD-26-57-Billion-by-2032-With-7-34-CAGR-Polaris-Market-Research.html

๐“๐ž๐ซ๐ฆ๐ข๐ง๐š๐ฅ ๐“๐ซ๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.globenewswire.com/news-release/2023/04/04/2640970/0/en/Global-Terminal-Tractor-Market-Share-Forecasted-to-Reach-USD-1-245-08-Million-by-2032-at-4-5-CAGR-Growth-Polaris-Market-Research.html

๐“๐ซ๐ข๐š๐ญ๐ก๐ฅ๐จ๐ง ๐‚๐ฅ๐จ๐ญ๐ก๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.globenewswire.com/news-release/2023/04/04/2640984/0/en/Global-Triathlon-Clothing-Market-Share-Trends-Expected-to-Grow-USD-4-23-Billion-By-2032-With-8-3-CAGR-Polaris-Market-Research.html

๐„๐๐ข๐›๐ฅ๐ž ๐Ž๐ข๐ฅ ๐š๐ง๐ ๐…๐š๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.globenewswire.com/news-release/2023/04/05/2641793/0/en/Global-Edible-Oil-and-Fats-Market-Size-Forecasted-to-Reach-USD-361-88-Billion-By-2032-at-3-8-CAGR-Increase-Polaris-Market-Research.html

๐‡๐จ๐ฆ๐ž ๐๐ž๐๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.globenewswire.com/news-release/2023/04/05/2641877/0/en/Global-Home-Bedding-Market-Size-Estimated-to-Attain-USD-196-84-Billion-By-2032-at-a-CAGR-of-7-4-Polaris-Market-Research.html

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive ADAS Sensor Market Projected to Hit USD 69.71 Billion by 2032, to grow at a CAGR of 9.2% | PMR here

News-ID: 3546872 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Targeting Pods Market Growing Steadily At 8.00% CAGR Surging Towards US$ 11.50 Billion Valuation From 2025 to 2034
Targeting Pods Market Growing Steadily At 8.00% CAGR Surging Towards US$ 11.50 B โ€ฆ
The global targeting pods market is projected to witness a growth rate of 8.0% annually from 2025 to 2034. It is projected to reach an anticipated size of USD 11.50 billion by 2034 from USD 5.33 billion in 2024, according to an analysis by Polaris Market Research. Market Overview: Targeting pods are target selection instruments utilized by attack aircraft for recognizing targets and accompanying precision-guided munitions (PGM) such as laser-guided bombs toโ€ฆ
Smart Headphones Market Size Is Projected to Reach US$ 78.29 Billion With Growing CAGR 20.2% Forecast Period of 2025-2034
Smart Headphones Market Size Is Projected to Reach US$ 78.29 Billion With Growin โ€ฆ
The smart headphones market is expected to gain market growth during the forecast period of 2025-2034. Polaris Market Research analyzes the market to account for USD 78.29 billion by 2034 and is expected to register a CAGR of 20.2% in the above-mentioned forecast period. The market was valued at USD 12.47 billion in 2024. Market Overview: Smart headphones are not limited to typical earbuds that cut the cord. These Bluetooth headphones areโ€ฆ
Vanillin Market Projected to Hit $1.39 Billion by 2034, with a CAGR of 7.6%
Vanillin Market Projected to Hit $1.39 Billion by 2034, with a CAGR of 7.6%
The global vanillin market is anticipated to grow significantly, according to the newly published research report by Polaris Market Research. The market was valued at USD 671.37 million in 2024 and is projected to grow to USD 1,393.74 million by 2034. This growth signifies a robust compound annual growth rate (CAGR) of 7.6% over the forecast period 2025-2034. Market Explanation Vanillin is a prominent chemical in vanilla beans and is primarily madeโ€ฆ
Human Milk Oligosaccharides (HMO) Market to Reach $1.82 Billion by 2034, Growing at a CAGR of 22.6%
Human Milk Oligosaccharides (HMO) Market to Reach $1.82 Billion by 2034, Growing โ€ฆ
The global human milk oligosaccharides (HMO) market is anticipated to grow significantly, according to the newly published research report by Polaris Market Research. The market was valued at USD 255.86 million in 2024 and is projected to grow to USD 1,821.29 million by 2034. This growth signifies a robust compound annual growth rate (CAGR) of 22.60% over the forecast period 2025-2034. Market Explanation Human milk oligosaccharides (HMOs) are a diverse group ofโ€ฆ

All 5 Releases


More Releases for ADAS

ADAS Market Insights, Growth Forecast to 2025
The Global ADAS Market research by Market Study Report. It offers a feasibility analysis for investment and returns supported with data on development trend analysis across important regions of the world Global ADAS Research Report presents a competitive assessment and detailed statistical analysis on Global ADAS Industry prospects. The ADAS Report will enlighten the readers with market dynamics and market trends to provide a holistic market overview. The key aspects ofโ€ฆ
ADAS Camera Market 2020 Challenges by Enhancing Manufactures:
Stratagem Market Insights offer in-depth analysis concerning the complete ADAS Camera Market position and Recent Trends. Reports provide detailed Market Statistics, including Product types, Top Manufacturers, Market CAGR Status, and favorable factors that are expected to drive the Growth rate of the ADAS Camera Market with SWOT Analysis. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, and forecast regions. The ADAS Camera Market evaluated the report onโ€ฆ
What is ADAS
What is ADAS? ADAS, as also known as, the advanced driver assistance system. It was designed to protect drivers from avoidable car accidents and reduce the loss of life and property caused by driver fatigue and distracted driving. The highest level of ADAS implementation would be Teslaโ€™s Autopilot which employs adaptive cruise control, auto-centering, collision avoidance, etc. However, not everybody wants to pay thousands of dollars Teslaโ€™s ADAS package. The Acumenโ€ฆ
Global Advanced Driver Assistance System (ADAS) Market
Global Advanced Driver Assistance System (ADAS) Market โ€“ Industry Analysis and Forecast (2017-2026) โ€“ By Technology, Sensor, Vehicle, Distribution Channel and Region. Global Advanced Driver Assistance System (ADAS) Market was valued US$ 23.2 Bn in 2017 and is expected to reach US$ 89.8 Bn by 2026, at a CAGR of 18.43 % during the forecast period. Rising traffic safety issues coupled with encouraging monitoring standards regarding the installation of these systems willโ€ฆ
Automotive ADAS in China 2017-2021 Market
Global Research and Development News -- . . "Automotive ADAS Market in China 2017-2021" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' -About Automotive ADAS An advanced driver assistance system (ADAS) helps the driver avoid potential collisions by controlling the vehicle when the user is unable to respond in time. All safety features alert the driver of imminent collisions and promptโ€ฆ
Automotive ADAS Market Develop business strategies
MarketResearchReports.Biz adds โ€œGlobal Automotive ADAS Market Share, Size, Trends and Forecast Market Research Reportโ€ reports to its database. This report provides a strategic analysis of the Automotive ADAS and the growth estimates for the forecasted period. Automotive ADAS are electronic components installed in vehicles, which present an intelligent driving experience to the driver. These systems comprise of unique sensors such as ultrasonic, image, RADAR, LiDAR, infrared and LASER. Deploying ADAS toโ€ฆ