Global ADAS & Autonomous Driving Components Market: Rising Demand and Key Drivers Shaping the Industry

Global ADAS & Autonomous Driving Components Market: Rising Demand and Key Drivers Shaping the Industry

Global ADAS & Autonomous Driving Components Market Outlook for 2023-28

Markntel Advisors has conducted a comprehensive study on the Global ADAS & Autonomous Driving Components Market is expected to grow at a CAGR of around 21% during the forecast period, i.e., 2023-28. Most of the market is likely to be driven by the swiftly improving economic conditions of people & their rising inclination toward connected & autonomous cars for enhanced comfort & convenience, coupled with strict government mandates for automakers to include advanced safety features like ADAS (Advanced Driver Assistance Systems) in their vehicles.

In addition, the Global ADAS & Autonomous Driving Components Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth.

Key Driver: Stringent Safety Standards & the Mounting Demand for Autonomous Vehicles

Governments of various countries worldwide are mandating the integration of advanced safety features in vehicles, such as LDW (Lane Departure Warning) & AEB (Automatic Emergency Braking), to provide drivers with enhanced safety & comfort and reduce the rising number of road accidents. Several consumers are showing greater interest in autonomous vehicles integrated with advanced technologies like LiDAR, radar sensors, ultrasonic sensors, & HD cameras for data collection that help increase driving accuracy. These ongoing trends in the automotive sector are the major aspects projected to drive the Global ADAS & Autonomous Driving Components Market during 2023-28.

Global ADAS & Autonomous Driving Components Industry Breakdown: Key Revenue Generating Segments

To facilitate focused analysis, the ADAS & Autonomous Driving Components Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter’s five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:

-By Level of Automation

-(Advanced Driving Assist Systems)

-(Partial Automation)

-(Conditional Automation)

-(High Automation)

-(Full Automation)

-By Vehicle Type

-Passenger Car

-Commercial Vehicle

-Light Commercial Vehicle

-Medium Weight Commercial Vehicle

-Heavy Commercial Vehicle

-Ultra Heavy Commercial Vehicle

-By Components Type



-Ultrasonic Sensors


-Mechanical Automotive LiDAR

-Solid State Automotive LiDAR

-Electronic Control Unit

-By System

-Adaptive Cruise Control (ACC)

-Adaptive Front Light (AFL)

-Automatic Emergency Braking (AEB)

-Blind Spot Detection (BSD)

-Cross Traffic Alert (CTA)

-Driver Monitoring System (DMS)

-Forward Collision Warning (FCW)

-Intelligent Park Assist (IPA)

-Lane Departure Warning (LDW)

-Night Vision System (NVS)

-Pedestrian Detection System (PDS)

-Road Sign Recognition (Rsr)

-Tire Pressure Monitoring System (TPMS)

-Traffic Jam Assist (TJA)

-By Region

-North America

-South America



-Middle East & Africa

Each sections offer valuable insights into the ADAS & Autonomous Driving Components Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.

Competitive Analysis of the Global ADAS & Autonomous Driving Components Industry

-Analog Devices Inc.

-Autoliv Inc

-Continental AG

-Delphi Automotive PLC

-DENSO Corporation


-IBEO Automotive Systems GmbH

-Infineon Technologies AG

-Intel Corporation


Global ADAS & Autonomous Driving Components Market Research Report Answers the Following Key Questions

  • How big is the Global ADAS & Autonomous Driving Components Market?
  • What is the projected growth rate or CAGR of the Global ADAS & Autonomous Driving Components Market during 2022-27?
  • What are the key trends or growth opportunities for the key players in the Global ADAS & Autonomous Driving Components Market?
  • Which ‘segment’ seems promising for companies operating in the Global ADAS & Autonomous Driving Components Market?

Note: Markntel Advisors provides personalized reports tailored to the specific needs and preferences of clients. For further information or inquiries regarding customized reports, please get in touch with the sales team, who will assist you in your purchase and address any queries you may have.

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfil their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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