Advanced Driver-Assistance Systems ADAS Market Size, Demand, and Future Outlook: Global Industry Trends and Forecast to

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Data Bridge Market Research analyses that the advanced driver-assistance systems (ADAS) market was valued at USD 23.74 billion in 2021 and is expected to reach the value of USD 114.16 billion by 2029, at a CAGR of 21.69% during the forecast period of 2022-2029.

Advanced Driver-Assistance Systems ADAS Market Research report 2030 is a well-generated market report which helps achieve comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This report deals with plentiful aspects of the ABC industry. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. A comprehensive market study and analysis of trends in consumer and supply chain dynamics underlined in this report assists businesses in drawing the strategies about sales, marketing, advertising, and promotion.

Data Bridge Market Research analyses that the advanced driver-assistance systems (ADAS) market was valued at USD 23.74 billion in 2021 and is expected to reach the value of USD 114.16 billion by 2029, at a CAGR of 21.69% during the forecast period of 2022-2029.

Some of the major players operating in the Advanced Driver-Assistance Systems ADAS Market are:

Robert Bosch GmbH (Germany), Continental AG (Germany), Aptiv (U.S.), Lear Corporation (U.S.), DENSO CORPORATION (Japan), Texas Instruments Incorporated (U.S.), Renesas Electronics Corporation (Japan), HELLA GmbH & Co. KG. (Germany), Visteon Corporation (U.S.), ST Microelectronics (Switzerland), Infineon Technologies AG (Germany), Mitsubishi Electric Corporation (Japan), Panasonic Corporation (Japan), ROHM Co. LTD. (Japan), MAXIM Integrated (U.S.)

Market Segments: -

The advanced driver-assistance systems (ADAS) market is segmented on the basis of system, component, offering, vehicle type, electric vehicle type and propulsion. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

System

Component

  • Camera Unit
  • Lidar Sensor
  • Radar Sensor
  • Ultrasonic Sensor

Offering

  • Hardware
  • Software

Vehicle type

  • Buses
  • Light Commercial Vehicles
  • Passenger Cars
  • Trucks

Electric Vehicle Type

  • Battery Electric Vehicle
  • Fuel Cell Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-In Hybrid Electric Vehicle

Propulsion

  • Diesel
  • Electric Vehicle
  • Petrol

Opportunities: -

·         The rise of self-driving cars and the high demand for electric vehicles EV

·         The increased production of vehicles equipped with higher safety standards.

Regional incites: -

·         North America dominates the advanced driver-assistance systems (ADAS) market and will maintain its dominance during the forecast period due to increased investment in R&D.

Get the Full report link @ https://www.databridgemarketresearch.com/reports/global-advanced-driver-assistance-systems-adas-market

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Advanced Driver-Assistance Systems ADAS Market Landscape

Part 04: Advanced Driver-Assistance Systems ADAS Market Sizing

Part 05: Advanced Driver-Assistance Systems ADAS Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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