Automotive Advanced Driver Assistance System (ADAS) Market | Discover Top Trends and Drivers
Continental AG, DENSO Corp., Hyundai Mobis Co. Ltd., Intel Corp., Magna International Inc., and Robert Bosch GmbH are some of the key vendors discussed in the research report
The automotive advanced driver assistance system (ADAS) market and it is expected to grow by $ 18.99 billion, accelerating at a CAGR of almost 8% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Automotive Advanced Driver Assistance System (ADAS) Market: Market Segments and Key Trends
This report provides a detailed analysis of the market by Technology (AEBS, TPMS, PAS, and Others), Application (Passenger cars and Commercial vehicles), and Geography (Europe, North America, APAC, South America, and MEA). 37% of the market growth will originate from APAC during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Automotive Advanced Driver Assistance System (ADAS) Market: Top Drivers to Boost Demand
The Decline in sensor prices is one of the primary factors driving the growth of the automotive advanced driver assistance system (ADAS) market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
Automotive Advanced Driver Assistance System (ADAS) Market: Vendor Analysis
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aptiv Plc, Continental AG, DENSO Corp., Hyundai Mobis Co. Ltd., Intel Corp., Magna International Inc., Robert Bosch GmbH, Valeo SA, Veoneer Inc., and ZF Friedrichshafen AG are some of the major market participants. For more insights on this market: Download a Free Sample Report
Automotive Advanced Driver Assistance System (ADAS) Market: Key Highlights of the Report for 2021-2025
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Automotive Advanced Driver Assistance System (ADAS) Market Size to Grow by $ 18.99 bn through 2021-2025 | Forecast and Trend Analysis
Technavio has been monitoring the automotive advanced driver assistance system (ADAS) market and it is expected to grow by $ 18.99 billion, accelerating at a CAGR of almost 8% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
Automotive Advanced Driver Assistance System (ADAS) Market: Receive Free Sample Report
Automotive Advanced Driver Assistance System (ADAS) Market: Emerging Trends to Impact Market Growth
Growing development of AI-enabled ADAS solutions to emerge as a key trend in the automotive advanced driver assistance system (ADAS) market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increase in travel time will facilitate the automotive advanced driver assistance system market growth in APAC over the forecast period.This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.
Automotive Advanced Driver Assistance System (ADAS) Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aptiv Plc, Continental AG, DENSO Corp., Hyundai Mobis Co. Ltd., Intel Corp., Magna International Inc., Robert Bosch GmbH, Valeo SA, Veoneer Inc., and ZF Friedrichshafen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations. For more insights into this market: Download a Free Sample Report
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