Press release
ADAS Market Report with Insights on Size, Growth and Forecast; Injury Statistics and Technology Adoption
Make a Direct Purchase of the latest Advanced Driver Assistance Systems (ADAS) Market Report published in the month of Sep-2022. Click the below link to initiate the purchase: https://strategicmarketresearch.com/buy-now/adas-market
ADAS Market Insights:
• On the basis of system type, in 2021 tire pressure monitoring segment led the overall market with a revenue share of about 19.8%.
• In 2021 the LiDAR segment ruled the market with a revenue share of approximately 33% in 2021.
• With a market share of nearly 74%, the passenger car ruled the overall ADAS market in terms of vehicle type in 2021.
• Geographically, North America held a significant position in 2021, with a revenue share of 37%
ADAS Market Dynamics
One of the factors boosting the Advanced Driver Assistance Systems Market is the rising consumer awareness of car safety ratings and the declining cost of parts as a result of the extensive use of cameras and radars. In order to attract a large client base, many OEMs are pushing ADAS technologies to achieve greater safety ratings. Therefore, leading OEMs regulate safety features across all models or provide them as additional options. As a result, throughout the projection period, the use of ADAS alternatives is expected to increase demand for components such as cameras, supersonic sensors, radiolocation sensors, and measuring systems.
To get a first-hand overview of the report, Request a Sample at
https://strategicmarketresearch.com/request-sample/adas-market
ADAS Market: A thorough and detailed Segmentation Analysis
The ADAS Market segmentation has been done on the basis of system type, component type, vehicle type, offering, electric vehicle, and region.
By System Type:
• Adaptive Cruise Control
• Head-Up Display
• E-Call Statem
• Adaptive Front Lights
• Forward Collision Warning
• Intelligent headlight
• Park Assistance
• Lane Departure Warning System
• Tire Pressure Monitoring System
• Blind Spot Detection System
• Autonomous Emergency Braking
• Others
By Component Type
• Radar
• Sensor
• Software
• Processor
• Camera
• LiDAR
By Vehicle Type
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Passenger Cars
By Offering
• Software
• Hardware
By Electric Vehicle
• Fuel Cell Electric Vehicle
• Plug-in Hybrid Electric Vehicle
• Hybrid Electric Vehicle
• Battery Electric Vehicles
By Region
North America
• Canada
• United States
Europe
• Germany
• France
• United Kingdom
• Rest of Europe
Asia Pacific
• India
• Japan
• South Korea
• China
• Rest of Asia Pacific
LAMEA
• Argentina
• Saudi Arabia
• Brazil
• South Africa
• Mexico
• UAE
• Rest of LAMEA
With a market share of nearly 74%, the passenger car ruled the overall ADAS market in terms of vehicle type in 2021. The segment's expansion is due to the rising consumer awareness of supportive legislation, safety systems, and raising standards for road safety in developing economies.
Geographically, North America held a significant position in 2021 with a revenue share of 37%. The development of the automobile industry's technology and the presence of significant businesses in the area are the main drivers of this region's growth. Additionally, the region's economy has grown along with the greater application rate of new technology. The market is expanding because of the rising mortality rate and rise in high-end vehicle sales in nations like Canada and the U.S.
Before initiating a purchase, make a Pre-order inquiry and get a detailed overview of the content of the report: https://strategicmarketresearch.com/pre-order-enquiry/adas-market
Key industry Players in the ADAS market
• Hyundai Mobs
• Jayson Electronics
• Delhi Automotive PLC
• Renesas Electronics Corporation
• NXP Semiconductor
• Panasonic Corporation
• Mobileye N.V
• Harman International
• Continental AG
• GENTEX CORPORATION
• Aisin Seiki Co. Ltd.
• Magna International Inc.
• Aptiv PLC
• Valeo SA
• ZF Friedrichshafen
• Autoliv Inc.
• Robert Bosch GmbH
• DENSO CORPORATION
The worldwide ADAS market worth in 2021 was 23.44 billion, and it will reach $75.23 billion by 2030 at a 13.83% CAGR during 2021-2030. The market is primarily influenced by technological innovations in sensor technology.
To Know More Visit: https://www.strategicmarketresearch.com/market-report/adas-market
Contact Us:
Strategic Market Research LLP.
Sunil Kumar
India: +91-8260836500
Email: info@strategicmarketresearch.com
Web: https://www.strategicmarketresearch.com
Blog: https://www.strategicmarketresearch.com/blog
Press Release: https://www.strategicmarketresearch.com/press-releases
26, Broadway, Suite 934, New York, 10004
Strategic Market Research facilitates organizations globally in taking pivotal business decisions by furnishing Syndicated and Customized Research Reports, which are highly precise in terms of market numbers. We believe that every firm, whether it is a startup that is in the Introduction stage of the Product Life cycle or an established one that is in the growth stage, requires market research services in order to streamline its key business blueprint. It may be related to Product Launch, Go to Market strategies, Competitive Analysis, or new geographical penetration and expansion.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release ADAS Market Report with Insights on Size, Growth and Forecast; Injury Statistics and Technology Adoption here
News-ID: 2782153 • Views: …
More Releases from Strategic Market Research
Metaverse Market - Fiction or Reality? Technology Changes, Action Plan, and Its …
The Global Value of the Metaverse Market in 2022 was USD 47.48 billion and will be worth USD 678.80 billion by 2030, growing at a 39.44% CAGR. The Metaverse is a virtual environment that combines mixed reality, Blockchain, augmented reality, and virtual reality. These technologies are utilized to create environments that offer a rich user experience in virtual spaces.
Make a Direct Purchase of the latest Metaverse Market Report published…
3D Printing Market - A $77.83 Billion Industry Opportunity, Insights on Latest T …
The global 3D Printing market in 2021 was $14 billion, and it will reach $77.83 billion by 2030, growing at a 21% CAGR from 2021 to 2030. The method of creating a three-dimensional solid object from a digital file or computer-aided design (CAD) model is known as three-dimensional printing. It is also known as desktop fabrication, additive printing, or additive manufacturing, as the product is built using thin layers of…
Metaverse Market Report - $678.80 Billion Industry Opportunity; Growth Scenario …
The global Metaverse market in 2022 was worth $47.48 billion and will reach $678.80 billion by 2030, growing at a 21% CAGR from 2021 to 2030. The Metaverse is a digital simulation environment that combines Blockchain, mixed reality, augmented reality, and virtual reality. These technologies create environments that offer a rich user experience in virtual spaces. The term metaverse refers to a highly interactive 3d virtual world obtained using several…
Radiotherapy Market Report Growth, Percentage of Patients Receiving Radiation Th …
The radiotherapy market in 2021 was $6.50 billion, and it will be worth $10.71billion by 2030 at a 5.71% CAGR from 2021 to 2030. Cancer patients receive radiotherapy, commonly referred to as radiation therapy, to treat their condition by eliminating cancerous cells and shrinking tumors. During radiotherapy, X-rays, gamma rays, and charged particles are often used radiations. The radiation beam can be used externally, internally, or systemically depending on cancer's…
More Releases for ADAS
Automotive ADAS (Advanced Driver Assistance Systems (ADAS)) Market Industry Anal …
Automotive ADAS (Advanced Driver Assistance Systems) Market Size is Projected to Reach USD 74.75 Billion by 2032, Growing at a CAGR of 11.98 % From 2024-2032.
Advanced Driver-Assistance Systems (ADAS) enhance vehicle and road safety by utilizing sensors, cameras, and automated technology to detect nearby obstacles and provide critical safety features such as pedestrian detection, lane departure warning, automatic emergency braking, and blind spot detection. These systems play a pivotal…
ADAS Film Heaters Market Research Report
ADAS (Advanced Driver Assistance Systems) camera heaters are components integrated into vehicles equipped with ADAS technologies to prevent the formation of ice, frost, or condensation on the camera lenses. These heaters are designed to ensure the proper functioning of ADAS cameras, which play a crucial role in features such as lane departure warning, collision avoidance, and adaptive cruise control. In cold or inclement weather conditions, the camera heaters help maintain…
ADAS Market Worth $40.2 Billion by 2029
According to a new market research report titled, 'ADAS Market by System Type, Component (Sensors, Actuators), Vehicle Automation, Vehicle Type, End User, and Geography - Global Forecast to 2029,' the global ADAS market is projected to reach $40.2 billion by 2029, at a CAGR of 21.6% from 2022 to 2029.
Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5377
The growth of this market is attributed to the Increasing ADAS adoption due to stringent…
Automotive ADAS Chip Market 2023 | Detailed Report
ReportsnReports publishes the report titled Automotive ADAS Chip that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors like…
ADAS Market Insights, Growth Forecast to 2025
The Global ADAS Market research by Market Study Report. It offers a feasibility analysis for investment and returns supported with data on development trend analysis across important regions of the world
Global ADAS Research Report presents a competitive assessment and detailed statistical analysis on Global ADAS Industry prospects. The ADAS Report will enlighten the readers with market dynamics and market trends to provide a holistic market overview. The key aspects of…
What is ADAS
What is ADAS?
ADAS, as also known as, the advanced driver assistance system. It was designed to protect drivers from avoidable car accidents and reduce the loss of life and property caused by driver fatigue and distracted driving. The highest level of ADAS implementation would be Tesla’s Autopilot which employs adaptive cruise control, auto-centering, collision avoidance, etc. However, not everybody wants to pay thousands of dollars Tesla’s ADAS package. The Acumen…
