Advanced Driver-Assistance Systems (ADAS) enhance vehicle safety through sensors and automation, aiding drivers with features like emergency braking, lane departure warnings, pedestrian detection, and blind spot monitoring. As self-driving tech evolves, ADAS integrates advanced hardware for 360-degree awareness, improving road safety and reducing accidents.

Key Players in This Report Include: Harman International Industries (USA), Altera Corporation (Intel Corporation) (USA), Texas Instruments (USA), NVIDIA Corporation (USA), Intel Corporation (USA), Magna International (Canada), Hella Kgaa Hueck & Co. (Germany), Infineon Technologies AG (Germany), Aisin Seiki Co. Ltd. (Japan), Panasonic Corporation (Japan), Renesas Electronics Corporation (Japan), DENSO Corporation (Japan), Hitachi (Japan), Delphi Automotive PLC (UK), Valeo SA (France), Ficosa International S.A. (Spain), Mobileye (Israel), NXP Semiconductors NV (Netherlands), Garmin Ltd. (Switzerland), Aptiv Plc (Ireland), Veoneer Inc. (Sweden), Autoliv Inc. (Sweden), Wabco Holdings Inc (Belgium) and Other Major Players.

Automotive ADAS (Advanced Driver Assistance Systems) Market Size Was Valued at USD 37.87 Billion in 2023 and is Projected to Reach USD 74.75 Billion by 2032, Growing at a CAGR of 11.98 % From 2024-2032.

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A new study has been just published regarding the  Market by IMR. This includes detailed and crucial study, trend, and forecast up to 2032. The  market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts, and other key people to have ready-to-access and self-analysed study for understanding market trends, growth drivers, opportunities, and upcoming challenges and competitors.

Key Industry Developments in the  Market:

·         In April 2024, Microchip Technology Inc. declared the finalized purchase of VSI Co. Ltd., situated in Seoul, Korea, a leading provider of high-speed, asymmetric, camera, sensor, and display connectivity technologies and products following the Automotive SerDes Alliance (ASA) open standard for In-Vehicle Networking (IVN). Through this purchase, Microchip expanded its dominance in the automotive networking market by incorporating VSI's knowledge and skills.         

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The Market segments are illuminated below:

The Automotive ADAS (Advanced Driver Assistance Systems (ADAS)) Market is segmented into Type, Technology, Vehicle Type, Level of Autonomy, and region. By Type, the market is categorized into Parking Assist Systems, Adaptive Front-Lighting, Night Vision Systems, Blind Spot Detection, Advanced Automatic Emergency Braking Systems, and Others. By Technology, the market is categorized into Radar, Lidar, and Camera. By Vehicle Type, the market is categorized into Passenger Cars, Commercial Vehicles. By Level of Autonomy, the market is categorized into Level 1 (Driver Assistance), Level 2 (Partial Driving Automation), Level 3 (Conditional Driving Automation), Level 4 (High Driving Automation), and Level 5 (Full Driving Automation).

The market report does highlight the currently prevailing and probable future industry-wide trends and their growth patterns also offers business strategy to help out the stakeholders who can make any sound decision over the profit-making trajectory over forecast years.

Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:

Western Europe is Expected to Dominate the Market Over the Forecast Period 2032

·         North America (U.S., Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

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➠Formulate Region-Specific Growth Strategies

Key questions answered

• How feasible is  market for long-term investment?
• What are influencing factors driving the demand for  near future?
• What is the impact analysis of various factors in the  market growth?
• What are the recent trends in the regional market and how successful they are?

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Strategic Points Covered in Table of Content of   Market:
Chapter One: Introduction Chapter Two: Executive Summary Chapter Three: Market Landscape Chapter Four: Market by Type Chapter Five: Market by Application Chapter Six: Company Profiles and Competitive Analysis Chapter Seven: Global Market by Region Chapter Eight: Analyst Viewpoint and Conclusion Chapter Nine: Research Methodology

 
 
 

 

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