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

Connected Worker Market Size to Hit USD 58.00 Billion by 2034, Growing at a CAGR of 22.3%
Connected Worker Market Size to Hit USD 58.00 Billion by 2034, Growing at a CAGR โ€ฆ
Global Connected Worker Market size and share is currently valued at USD 7.79 billion in 2024 and is anticipated to generate an estimated revenue of USD 58.00 Billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 22.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Polaris Market Research has introduced the latest marketโ€ฆ
Road Safety Market Information, Figures, Industry Drivers, Analytical Insights, And Future Roadmap by 2034
Road Safety Market Information, Figures, Industry Drivers, Analytical Insights, โ€ฆ
Global Road Safety Market is currently valued at USD 4.34 Billion in 2024 and is anticipated to generate an estimated revenue of USD 21.39 Billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 17.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Polaris Market Research has introduced the latest market research report titledโ€ฆ
Smart Retail Market Size to Reach USD 605.06 Billion by 2034, Advancing at a CAGR of 30.8%
Smart Retail Market Size to Reach USD 605.06 Billion by 2034, Advancing at a CAG โ€ฆ
Global Smart Retail Market is currently valued at USD 41.27 Billion in 2024 and is anticipated to generate an estimated revenue of USD 605.06 Billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 30.8% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Polaris Market Research has introduced the latest market research report titledโ€ฆ
North America and Europe Open Radio Access Network (Open RAN) Market SWOT Analysis and Key Growth Methodologies By 2034
North America and Europe Open Radio Access Network (Open RAN) Market SWOT Analys โ€ฆ
North America and Europe Open Radio Access Network (Open RAN) Market is currently valued at USD 1410.00 Million in 2024 and is anticipated to generate an estimated revenue of USD 27,153.44 Million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 32.33% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Polaris Market Research hasโ€ฆ

All 5 Releases


More Releases for ADAS

ADAS Calibration Service Market Trends, Investment Opportunities, and Growth Ana โ€ฆ
Coherent Market Insights Reports has released a detailed research analysis on the Global "ADAS Calibration Service Market" 2025, highlighting key trends, growth dynamics, and forecast insights through 2032. This comprehensive report presents an in-depth evaluation of the market landscape, analyzing the factors that influence industry growth, including manufacturers, suppliers, market participants, and end users. It offers valuable insights into the core drivers fueling market expansion across various segments such asโ€ฆ
Automotive ADAS (Advanced Driver Assistance Systems (ADAS)) Market Industry Anal โ€ฆ
Automotive ADAS (Advanced Driver Assistance Systems) Market Size is Projected to Reach USD 74.75 Billion by 2032, Growing at a CAGR of 11.98 % From 2024-2032. Advanced Driver-Assistance Systems (ADAS) enhance vehicle and road safety by utilizing sensors, cameras, and automated technology to detect nearby obstacles and provide critical safety features such as pedestrian detection, lane departure warning, automatic emergency braking, and blind spot detection. These systems play a pivotalโ€ฆ
ADAS Film Heaters Market Research Report
ADAS (Advanced Driver Assistance Systems) camera heaters are components integrated into vehicles equipped with ADAS technologies to prevent the formation of ice, frost, or condensation on the camera lenses. These heaters are designed to ensure the proper functioning of ADAS cameras, which play a crucial role in features such as lane departure warning, collision avoidance, and adaptive cruise control. In cold or inclement weather conditions, the camera heaters help maintainโ€ฆ
ADAS Market Worth $40.2 Billion by 2029
According to a new market research report titled, 'ADAS Market by System Type, Component (Sensors, Actuators), Vehicle Automation, Vehicle Type, End User, and Geography - Global Forecast to 2029,' the global ADAS market is projected to reach $40.2 billion by 2029, at a CAGR of 21.6% from 2022 to 2029. Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5377 The growth of this market is attributed to the Increasing ADAS adoption due to stringentโ€ฆ
Automotive ADAS Chip Market 2023 | Detailed Report
ReportsnReports publishes the report titled Automotive ADAS Chip that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors likeโ€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