Global Automotive Advanced Driver Assistance Systems Market Size, Share, Growth & Trend Analysis Report by 2022 - 2029

Global Automotive Advanced Driver Assistance Systems Market size was valued at USD 28.1 Bn. in 2021 and the total revenue is expected to grow at 12.2% of CAGR through 2022 to 2029, reaching USD 70.57 Bn.

Automotive Advanced Driver Assistance Systems Market Overview:

The Maximize Market Research report on Automotive Advanced Driver Assistance Systems market covers recent developments, trade regulations, import/export analysis, production analysis, value chain optimization, market share, the impact of domestic and localised market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographic expansion. Market research of Automotive Advanced Driver Assistance Systems market covers current and future trends that are driving the development of the market.

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Regional Analysis:

In the regional and country sections of the Automotive Advanced Driver Assistance Systems market analysis, individual market impacting factors and changes in market regulation that impact current and future market trends are also discussed. Consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and downstream and upstream value chain analysis are some of the major indicators used to forecast market conditions for each country. This research covers North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, and Korea, ASEAN countries, rest of APAC, South America, Brazil, Middle East and Africa.

Automotive Advanced Driver Assistance Systems Market Segmentation

According to the system, a surge in demand for advanced safety systems like ADAS in autos would help the market for night vision systems expand. 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.

Key Manufacturers are integrating ADAS technologies based on the component to raise safety ratings and attract more customers. 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 use of 24 GHz radar in the 5 GHz bandwidth is subject to limitations set by the European Telecommunications Standards Institute (ETSI) and the US Federal Communications Commission (FCC). The 24 GHz frequency spectrum won't be usable for ultrawideband beyond 2022. (UWB).

The passenger car industry has a big impact on the ADAS market. The demand for safety systems has increased in emerging economies as a result of stricter traffic laws, supportive legislation, and consumer awareness. Furthermore, several countries in Europe, North America, and the Asia-Pacific have enacted regulations requiring the use of various ADAS in the market for passenger cars. One example is the European Union's Vision Zero programme, which aims to eliminate traffic fatalities by the year 2050. The authority wants to reduce injuries and fatalities by 50% by 2030. By 2022, new automobiles will be required to have critical safety technologies like autonomous emergency braking, lane departure warning, and fatigue & attentiveness monitoring.

Automotive Advanced Driver Assistance Systems Market Key Players

• Valeo(France)
• Autoliv(Sweden)
• Audi( Germany)
• BMW(Germany)
• Robert Bosch(Germany)
• Continental AG(Germany)
•Aptiv (Delphi Automotive)(Germany)
• Intel (US)
• Texas Instruments(US)
• Aptiv (UK)
• Delphi Automotive(UK)
• NXP Semiconductor(Netherlands)
• Panasonic Corporation(Japan)
• Denso(Japan)
• Renesas Electronics Corporation(Japan)
• Magna International Inc.(Canada)

More than fifteen significant market participants from various regions are featured in the Automotive Advanced Driver Assistance Systems report. In contrast, when studying the market and estimating its size, the report took into account all industry leaders, followers, and new entrants with investors. The Automotive Advanced Driver Assistance Systems report also includes recommendations for a future hot spot in the Asia Pacific region. The impact of major countries' manufacturing policies on demand is discussed in this report.

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Global Automotive Advanced Driver Assistance Systems Market research report offers:

• The global Automotive Advanced Driver Assistance Systems market is defined, as well as the examination of several affecting elements such as drivers, restraints, and opportunities.
• Porter's Five Force Analysis and SWOT analysis are used to define, characterize, and analyse the market competition landscape, with a focus on global main manufacturers.
• Several types available for the product’s application have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.
• Extensive analysis into the global Automotive Advanced Driver Assistance Systems competitive landscape
• Identification and analysis of micro and macro elements that influence and will influence market growth.
• A complete list of major market players in the global Automotive Advanced Driver Assistance Systems industry.
• In the global Automotive Advanced Driver Assistance Systems market, it provides a descriptive study of demand-supply chaining.
• Estimation of the market size along with historic and forecasted trend analysis.
• Figures, charts, graphs, and illustrations are used to clearly describe the market.

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