The researchers have considered all the factors influencing the growth of the ADAS and Autonomous Driving Components Market  The global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Adas and autonomous driving components market. However, The lack of standardization in production processes is expected to impede market growth during the forecast timeline.

Automotive sensors are majorly used in powertrains to monitor speed, position, pressure, gas, and temperature inside the engine. These sensors are required for safe and efficient operations of powertrains. Emission regulations and stringent fuel-efficiency norms formulated by several governments of different countries are propelling the growth of the market in this segment.

In January 2020, TTTech Auto, a global leader in the safety software platforms for autonomous driving (AD) and beyond, announced its acquisition of the Turkish software company Red Pine Software, an expert in ADAS .

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 Key Players operating in the industry are:

• LiDAR sensor is the most important sensor for an autonomous automotive vehicle. Self-driving or autonomous vehicles being tested by companies such as Uber, Alphabet, Toyota, and others rely heavily on these types of sensors to locate themselves on the detailed maps they need to get around and to identify things like other vehicles and pedestrians.
• By the vehicle type, the passenger car segment is expected to retain its pole position in the ADAS and autonomous driving components market owing to the rising demand for safe and high-performance vehicles in the emerging countries.
• China is the key country and holds a significant share for the ADAS market in the APAC region. Other countries like South Korea, Japan, and India have also experienced a surge in the installation of automotive sensors and ADAS.
• In January 2020, TTTech Auto, a global leader in the safety software platforms for autonomous driving (AD) and beyond, announced its acquisition of the Turkish software company Red Pine Software, an expert in ADAS. By this acquisition TTTech Auto created its firm growth strategy and increased its software development capacities for ADAS and Automated Driving series development projects that features its flagship product MotionWise.

Key Players operating in the industry are:

Robert Bosch, ZF Friedrichshafen, Denso, Continental AG, Valeo, Magna International, Veoneer, Hyundai Mobis, Aptiv, and Analog Devices., among others.

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Adas and autonomous driving components Market segmentation:

For the purpose of this report, Emergen Research has segmented into the global ADAS and Autonomous Driving Components Market on the basis of System, Vehicle Type, Propulsion, Type, and region:

System Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

• • Adaptive Cruise Control
  • Adaptive Front Light
  • Automatic Emergency Braking
  • Blind Spot Detection
  • Cross Traffic Alert
  • Driver Monitoring System
  • Forward Collision Warning
  • Intelligent Park Assistance
  • Lane Departure Assistance
  • Night Vision System
  • Pedestrian Detection System
  • Road Sign Recognition
  • Traffic Jam Assist
  • Others

Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

• • Passenger Vehicle
    1. Mid-sized car
    2. Sedan
    3. Minivan
    4. Convertible
    5. Crossover
    6. Hatchback
    7. Others
  • Light Commercial Vehicle (LCV)
    1. Compact
    2. Utility Vehicle
    3. Supermini
    4. Light Truck
    5. Others
  • Heavy Commercial Vehicle (HCV)
    1. Mobile Truck
    2. Limo
    3. Recreational Vehicle
    4. Towing Truck
    5. Fire Trucks
    6. Others

Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

• • Electric Vehicles
    1. Battery Electric Vehicle
    2. Fuel Cell Electric Vehicle
    3. Hybrid Electric Vehicle
    4. Plug-in Hybrid Electric Vehicle
  • Gasoline Powered

Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

• • Image Sensor
  • LiDAR Sensor
  • Ultrasonic Sensor
  • Infrared Sensor
  • Radar Sensor
  • Laser
  • Capacitive Sensor
  • Others

Regional Analysis Covers:

The Global   Adas and autonomous driving components Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the   Adas and autonomous driving components market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The all-inclusive report on the Global   Adas and autonomous driving components Market added by Emergen Research demonstrates that the global   Adas and autonomous driving components market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the   Adas and autonomous driving components market.

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