$71.2 Billion Global Automotive ADAS Market Report to 2027 - Trends, Opportunities and Competitive Analysis - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Nov 29, 2022--

The "Automotive ADAS Market: Trends, Opportunities and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The future of the global automotive ADAS market looks promising with opportunities in the mid-size cars, large cars, SUVs, and crossovers.

The global automotive ADAS market is expected to reach an estimated $71.2 billion by 2027 and it is forecast to grow at a CAGR of 21.6% from 2021 to 2027.

The major drivers of growth for this market are increasing production of premium and luxury vehicles, advancement in the automotive electronics, stringent government regulations to reduce road fatalities, and increasing collaboration between OEM and ADAS suppliers to develop low-cost driver assistance systems.

Emerging Trends in the Automotive ADAS Market

Emerging trends, which have a direct impact on the dynamics of the industry, includes the development of fusion sensor technology in ADAS products and the development of adaptive cruise control with eHorizon and development of X2 safe intelligent algorithm.

A total of 223 figures/charts and 204 tables are provided in this 325 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of automotive ADAS market report; then you should read this report.

Automotive ADAS Market by Segments

The analyst forecasts that adaptive cruise control will remain the largest segment and subwoofer will experience the highest growth over the forecast period. The study includes trends and forecast for the global automotive ADAS market by product, technology, vehicle type, end user, and region, as follows:

Automotive ADAS Market by Product [Value ($ Million) and Volume (Thousand Units) from 2016 to 2027]:

• Automatic Emergency Braking System (AEBS)
• Forward Collision Warning (FCW)
• Adaptive Cruise Control (ACC)
• Blind Spot Departure (BSD)
• Lane Departure Warning (LDW)
• Parking Assistance System (PAS)
• Pedestrian Detection System (PDS)
• Traffic Recognition System (TSR)
• Night Vision (NV)
• Driver Drowsiness Detection (DDD)

Automotive ADAS Market by Technology [Value ($ Million) and Volume (Thousand Units) from 2016 to 2027]:

• Radar
• Camera
• Sensor Fusion
• LIDAR
• Infrared
• Ultrasonic

Automotive ADAS Market by Vehicle Type [Value ($ Million) and Volume (Thousand Units) from 2016 to 2027]:

• Large Car
• SUV and Crossover
• Mid-size Car
• Others

Automotive ADAS Market by End User [Value ($ Million) and Volume (Thousand Units) from 2016 to 2027]:

• OEM
• Aftermarket

Automotive ADAS Market by Region[Value ($ Million) and Volume (Thousand Units) from 2016 to 2027]:

• North America
• United States
• Canada
• Mexico
• Europe
• Germany
• France
• Russia
• United Kingdom
• Asia Pacific
• China
• Japan
• South Korea
• India
• Indonesia
• The Rest of the World
• Brazil
• Argentina

List of Automotive ADAS Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive ADAS companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive ADAS companies profiled in this report includes.

• ZF TRW Automotive Holdings Corporation
• Delphi Automotive PLC
• Continental AG
• Robert Bosch GmbH
• Denso Corporation

Automotive ADAS Market Insights

• The analyst forecasts that the adaptive cruise control will remain the largest segment and will experience the highest growth over the forecast period by product type due to increasing demand for comfort and safety features along with the trend towards autonomous driving.
• North America is expected to remain the largest market due to high luxury and premium car production, government NCAP rating for safety features in vehicles, and increasing investment by the industry players within the North America region.

For more information about this report visit https://www.researchandmarkets.com/r/5oeqq

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