Automotive Advanced Driver Assistance Systems Market size was valued at USD 31.52 Bn. in 2022 and the total revenue is expected to grow at 12.2% of CAGR through 2023 to 2029, reaching USD 70.57 Bn.

Automotive Advanced Driver Assistance Systems Market Scope :

The Automotive Advanced Driver Assistance Systems Market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Automotive Advanced Driver Assistance Systems market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Automotive Advanced Driver Assistance Systems market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter's analysis is conducted to assess an organization's strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.

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Automotive Advanced Driver Assistance Systems Market Overview :

Maximize Market Research, a leading business consultancy has published a research report on the Automotive Advanced Driver Assistance Systems market. The report showcases the global growth of the Automotive Advanced Driver Assistance Systems market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.

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Automotive Advanced Driver Assistance Systems Market Segmentation :

by System

1.Adaptive Cruise Control (ACC)
2.Adaptive Front Light (AFL)
3.Automatic Emergency Braking (AEB)
4.Blind Spot Detection (BSD)
5.Cross Traffic Alert (CTA)
6.Driver Monitoring System (DMS)
7.Forward Collision Warning (FCW)
8.Intelligent Park Assist (IPA)
9.Lane Departure Warning (LDW)
10.Night Vision System (NVS)
11.Pedestrian Detection System (PDS)
12.Road Sign Recognition (RSR)
13.Tire Pressure Monitoring System (TPMS)
14.Traffic Jam Assist (TJA)

The demand for advanced safety systems like ADAS in automobiles is expected to increase, which would benefit the market for night vision systems. The market for night vision systems is expected to be driven by the rise in vehicle production and the demand for better night vision in vehicles to improve driver visibility. The night vision system considerably reduces the unsuitable visual complexity of the car, increasing safety and reducing nighttime vehicle collisions. The benefits outlined above are also anticipated to boost demand for vehicle night vision systems during the forecast period. Each auto player in every nation tracks growth parameters at the micro level. Due to the manufacturers' emphasis on combining the two systems, visibility has increased.

by Component

1.Camera Unit
2.LiDAR
3.Radar Sensor
4.Ultrasonic Sensor
5. Infrared Sensor

In order to improve safety ratings and attract more customers, significant OEMs are incorporating ADAS technologies. They either standardise safety systems across models or make them available as options as a result. The ADAS market is primarily being driven by rising safety consciousness and an uptick in accidents, which has led to a surge in demand for radar sensors in nations like China, the United States, and key European nations. The European Commission and the US Federal Communications Commission (FCC)

by Vehicle

1.Passenger Car
2.Light Commercial Vehicle
3. Truck
4.Bus

The passenger vehicle sector has a substantial impact on the ADAS market. Demand for safety systems has increased in emerging economies due to a combination of factors including tightening laws governing traffic safety, consumer awareness, and supportive legislation. Additionally, a number of countries in Europe, North America, and the Asia-Pacific have enacted legislation mandating the use of various ADAS in the market for passenger vehicles. A programme called Vision Zero, developed by the European Union, aims to eliminate road fatalities by the year 2050. The authority aspires to a 50% reduction in injuries and fatalities by 2030. By 2022, the strategic plan wants to make it mandatory for new automobiles to have technologies like autonomous emergency braking, lane departure warning, and attention and fatigue monitoring.

Automotive Advanced Driver Assistance Systems Market Key Players :

1.Valeo(France)
2.Autoliv(Sweden)
3. Audi( Germany)
4.BMW(Germany)
5.Robert Bosch(Germany)
6. Continental AG(Germany)
7.Aptiv (Delphi Automotive)(Germany)
8.Intel (US)
9. Texas Instruments(US)
10. Aptiv (UK)
11. Delphi Automotive(UK)
12. NXP Semiconductor(Netherlands)
13.Panasonic Corporation(Japan)
14.Denso(Japan)
15. Renesas Electronics Corporation(Japan)
16.Magna International Inc.(Canada)

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Regional Analysis

The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.

Key Questions Answered in the Automotive Advanced Driver Assistance Systems Market Market Report:

• What is the definition of the Automotive Advanced Driver Assistance Systems Market?

• What is the forecast period for the Automotive Advanced Driver Assistance Systems Market?

• What is the competitive landscape of the Automotive Advanced Driver Assistance Systems Market?

• Which region holds the largest market share in the Automotive Advanced Driver Assistance Systems Market?

• What are the opportunities for the Automotive Advanced Driver Assistance Systems Market?

• What factors are influencing the growth of the Automotive Advanced Driver Assistance Systems Market?

• Who are the key players in the Automotive Advanced Driver Assistance Systems Market?

• Which company holds the largest share in the Automotive Advanced Driver Assistance Systems Market?

• What will be the compound annual growth rate (CAGR) of the Automotive Advanced Driver Assistance Systems Market during the forecast period?

• What key trends are expected to emerge in the Automotive Advanced Driver Assistance Systems Market in the coming years?

Key Offerings:

• Market Share, Size, and Revenue Forecast | 2022-2029

• Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends

• Market Segmentation: Detailed analysis by Automotive Advanced Driver Assistance Systems Market

• Landscape: Leading key players and other prominent participants

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