Future ADAS & Autonomous Driving Components Market: Key Dynamics, Size & Share Analysis
The Global ADAS & Autonomous Driving Components Market size was valued at around USD 34.68 billion in 2024 and is expected to reach USD 64.17 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.80% during the forecast period, i.e., 2025-30. Most of the market is likely to be driven by the swiftly improving economic conditions of people & their rising inclination toward connected & autonomous cars for enhanced comfort & convenience, coupled with strict government mandates for automakers to include advanced safety features like ADAS (Advanced Driver Assistance Systems) in their vehicles.
Top Market Driver Impacting the ADAS & Autonomous Driving Components Market Growth
Stringent Safety Standards & the Mounting Demand for Autonomous Vehicles – Governments of various countries worldwide are mandating the integration of advanced safety features in vehicles, such as LDW (Lane Departure Warning) & AEB (Automatic Emergency Braking), to provide drivers with enhanced safety & comfort and reduce the rising number of road accidents. Several consumers are showing greater interest in autonomous vehicles integrated with advanced technologies like LiDAR, radar sensors, ultrasonic sensors, & HD cameras for data collection that help increase driving accuracy. These ongoing trends in the automotive sector are the major aspects projected to drive the Global ADAS & Autonomous Driving Components Market during 2025-30.
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Understanding the Core Segments in the ADAS & Autonomous Driving Components Market
ADAS & Autonomous Driving Components Market Size, Share & Industry Trends Analysis- By Level of Automation (Level 1 [Advanced Driving Assist Systems], Level 2 [Partial Automation], Level 3 [Conditional Automation], Level 4 [High Automation], Level 5 [Full Automation]), By Vehicle Type (Passenger Car, Commercial Vehicle), By Components Type (Camera, Radar, Ultrasonic Sensors, LiDAR, Electronic Control Unit), By System (Adaptive Cruise Control [ACC], Adaptive Front Light [AFL], Automatic Emergency Braking [AEB], Blind Spot Detection [BSD], Cross Traffic Alert [CTA], Driver Monitoring System [DMS], Forward Collision Warning [FCW], Intelligent Park Assist [IPA], Lane Departure Warning [LDW], Night Vision System [NVS], Pedestrian Detection System [PDS], Road Sign Recognition [Rsr], Tire Pressure Monitoring System [TPMS], Traffic Jam Assist [TJA]) and Others.
Geographical Analysis of the ADAS & Autonomous Driving Components Market
By Region
- North America
- South America
- Asia-Pacific
- Europe
- Middle East & Africa.
Asia-Pacific is expected to acquire a prominent share of the ADAS & Autonomous Driving Component Market during 2025-30.
Who Dominates the ADAS & Autonomous Driving Components Market Insights on Key Industry Players?
Companies are strengthening their presence in the ADAS & Autonomous Driving Components market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Analog Devices Inc.
- Autoliv Inc
- Continental AG
- Delphi Automotive PLC
- DENSO Corporation
- HERE
- IBEO Automotive Systems GmbH
- Infineon Technologies AG
- Intel Corporation
- LeddarTech.
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