ADAS Sensor Market Size, Share, Growth Opportunities, and Emerging Technologies

1. 2022 ADAS Sensor Market Opportunities, Growth, Challenges, Business Trends and Forecast 2030

2. Bosch claims that its fourth-generation long-range radar (LRR) for automobiles has a detection range of up to 250 meters, while Continental’s fifth-generation LRR is claimed to have a range of 300 meters. Many more automotive technology companies are bringing innovations in their radar, light detection and ranging (LiDAR), ultrasonic, and camera sensors considering the rising demand for autonomous vehicles. This is because autonomous vehicles require advanced driver assistance systems (ADAS) to drive on their own, which, in turn, require all these kinds of sensors to function. Therefore, with the increasing popularity of self-driving vehicles, P&S Intelligence expects the ADAS sensor market value to escalate to $40.8 billion by 2030 from $11.5 billion in 2019, at an 11.7% CAGR between 2020 and 2030. The demand for autonomous vehicles is itself being driven by the rising number of road accidents, which already kill more than 1.3 million people each year, according to the World Health Organization (WHO). Since human error is the cause of most such mishaps, not letting humans have the driving control could help lower the road accident and mortality rates. Request to Get the Sample Report:

3. As a result, Europe and North America have been among the largest contributors to the ADAS sensor market till now. Moreover, the regions are home to numerous semiconductor and automotive technology companies, as well as automakers, who are all working together on the enhancement of the autonomous driving technology and making it a reality. For instance, in its pilot program conducted in 2019, Waymo ferried 6,299 passengers in its robotaxis across California. Similarly, France, Switzerland, the Netherlands, Sweden, Norway, and Spain have modified their road transportation laws to encourage the testing and future adoption of self-driving vehicles. Hence, with efforts being made on a global level to make roads safer, the integration rate of ADAS sensors in vehicles will boom.  Browse more related reports by P&S Intelligence : Advanced Driver Assistance Systems MarketKey Trends And Opportunity Areas by Leading Players Automotive Sensors Market Research Report with top Players and Growth Opportunity

4. Market Segmentation by Type • Radar • 24 GHz • 77 GHz • LiDAR • Short and Medium-Range • Long-Range • Camera • Complementary Metal Oxide Semiconductor (CMOS) • Charge-Coupled Device (CCD) • Ultrasonic

5. Market Segmentation by Vehicle Autonomy • Semi-Autonomous Vehicle • Level 1 • Level 2 • Level 3 • Fully-Autonomous Vehicle • Level 4 • Level 5 • Market Segmentation by Vehicle Type • Passenger Car • Commercial Vehicle

6. Market Segmentation by Application • Adaptive Cruise Control (ACC) System • Automatic Emergency Braking (AEB) System • Blind Spot Detection (BSD) System • Lane Keeping Assistance System (LKAS) • Adaptive Front Light (AFL) System • Cross Traffic Alert (CTA) System • Driver Monitoring System (DMS) • Intelligent Park Assist (IPA) System • Night Vision System (NVS) • Others

7. Market Segmentation by Region • North America ADAS Sensor Market • U.S. and Canada • Europe ADAS Sensor Market • Germany, U.K., France, Italy, Spain, Netherlands, and Rest of Europe • Asia-Pacific (APAC) ADAS Sensor Market • China, Japan, India, South Korea, and Rest of APAC • Latin America, Middle East, and Africa (LAMEA) ADAS Sensor Market • Brazil, Mexico, South Africa, and Rest of LAMEA

8. This study covers 1. Historical and the present size of the ADAS Sensor Market 2. Historical and the present size of the market segments and understand their comparative future potential 3. Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings 4. Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders 5. Major players operating in the market and their service offerings

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