1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- Aptiv
- Bosch
- Continental
- DENSO
- Magna International
- ZF Friedrichshafen
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Most of the prominent ADAS technologies have gained adoption across a wide segment of vehicles and modern vehicles have many electronic systems that require various types of sensors, such as radar image, ultrasonic, infrared, or lidar. The number of systems is continuously increasing as a result of regulations, and OEMs push to differentiate themselves. Additionally, advanced safety systems operate independently in modern vehicles that seldom exchange information among themselves. As a result, sensor fusion technique is developed which combines the information coming from different types of sensors. Analysts have predicted that the automotive ADAS and autonomous driving components market will register a CAGR of almost 9% by 2023.
Market Overview
Prioritization of automotive safety in automotive industry
These safety systems help in preventing vehicle accidents during critical situations and protect passengers, pedestrians, and animals from injuries. Hence, the growing adoption of the advanced safety systems in modern vehicles will drive the consumption of components as they are essential part of the advanced safety systems.
High cost associated with ADAS and autonomous driving
NVS is more vulnerable to affordability issues because of the limited governmental backing for the system. Thus, the high cost of these technologies and systems has been the crucial challenge for the growth of the global automotive ADAS and autonomous driving components market.
For the detailed list of factors that will drive and challenge the growth of the automotive ADAS and autonomous driving components market during the 2019-2023, view this report.
Competitive Landscape
The automotive ADAS and autonomous driving components market is reasonably concentrated with the existence of a few international and regional automotive ADAS and autonomous driving component companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Market Overview
Prioritization of automotive safety in automotive industry
These safety systems help in preventing vehicle accidents during critical situations and protect passengers, pedestrians, and animals from injuries. Hence, the growing adoption of the advanced safety systems in modern vehicles will drive the consumption of components as they are essential part of the advanced safety systems.
High cost associated with ADAS and autonomous driving
NVS is more vulnerable to affordability issues because of the limited governmental backing for the system. Thus, the high cost of these technologies and systems has been the crucial challenge for the growth of the global automotive ADAS and autonomous driving components market.
For the detailed list of factors that will drive and challenge the growth of the automotive ADAS and autonomous driving components market during the 2019-2023, view this report.
Competitive Landscape
The automotive ADAS and autonomous driving components market is reasonably concentrated with the existence of a few international and regional automotive ADAS and autonomous driving component companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Aptiv
- Bosch
- Continental
- DENSO
- Magna International
- ZF Friedrichshafen
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 10: TRENDS
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
PART 13: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Aptiv
- Bosch
- Continental
- DENSO
- Magna International
- ZF Friedrichshafen
Global Automotive ADAS and Autonomous Driving Components Market 2019-2023
The analyst recognizes the following companies as the key players in the global automotive ADAS and autonomous driving components market: Aptiv, Bosch, Continental, DENSO, and Magna International, ZF Friedrichshafen.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the reduced development time is also crucial enabler for this mechanism as ADAS and autonomous driving technologies are expected to evolve at faster rate during our forecast period.”
According to the report, one of the major drivers for this market is the growing popularity of camera technology in ADAS and autonomous driving systems.
Further, the report states that one of the major factors hindering the growth of this market is the high cost of these technologies and systems has been the crucial challenge for the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The analyst recognizes the following companies as the key players in the global automotive ADAS and autonomous driving components market: Aptiv, Bosch, Continental, DENSO, and Magna International, ZF Friedrichshafen.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the reduced development time is also crucial enabler for this mechanism as ADAS and autonomous driving technologies are expected to evolve at faster rate during our forecast period.”
According to the report, one of the major drivers for this market is the growing popularity of camera technology in ADAS and autonomous driving systems.
Further, the report states that one of the major factors hindering the growth of this market is the high cost of these technologies and systems has been the crucial challenge for the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Aptiv
- Bosch
- Continental
- DENSO
- Magna International
- ZF Friedrichshafen
Note: Product cover images may vary from those shown
