DUBLIN, October 24, 2017 /PRNewswire/ --
The "Global ADAS and Autonomous Driving Components Market, Analysis & Forecast - 2017-2026" report has been added to Research and Markets' offering.
The market in terms of value generated $2.76 billion in the year 2016, and is expected to grow at a rapid pace over the forecast period of 2017-2026.
Rising concerns associated with road safety, traffic congestion, and stringent governmental regulations have resulted in an increased demand of ADAS and autonomous driving components. Rising number of road accidents has resulted in increased regulations by federal authorities regarding the safety of both passengers and pedestrians.
These guidelines have resulted in the rise in the demand for driver assistance features in vehicles such as adaptive cruise control, parking assistance, lane departure warning, and automated emergency braking, among others. The research study is a compilation of various segmentations including market breakdown by component type, level of automation, vehicle type and different geographical regions.
This report provides a detailed market analysis and forecast with respect to various component types in the ADAS and autonomous driving components market which are cameras, radars, ultrasonic sensors, LiDARs and ECUs. Additionally, on the basis of automation level, the ADAS and autonomous driving components market is segmented into level 1, level 2, level 3, level 4 and level 5 automation. While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the different vehicle type, which include passenger cars and commercial vehicles (light commercial vehicles, heavy trucks and heavy buses).
Market Dynamics
Market Drivers
- Increasing Road Safety
- Rapidly Increasing Number of Automated Vehicles
- Reduction in Road Congestion
- Growing Demand for LiDAR Sensors
Market Challenges
- High Price of ADAS and Autonomous Driving Components
- High Risks Associated with Autonomous Components
- Security Concern Towards Vehicle's Data
Market Opportunities
- Increasing Adoption of Autonomous Components Among Different Levels of Automation
- High Anticipated Growth Rate for Component Manufacturers
- High Potential Growth for Semi-Conductor Companies in the Automotive Industry
- Growing Demand for Miniaturized Micro-Electro-Mechanical Systems (MEMS) Sensors in LiDAR Market
Key Topics Covered:
Executive Summary
1 Research Scope & Methodology
2 Market Dynamics
3 Competitive Landscape
4 Global ADAS and Autonomous Driving Components Market by Region Analysis and Forecast
5 Global ADAS and Autonomous Driving Components Market by Component Type
6 Global ADAS and Autonomous Driving Components Market by Level of Automation
7 Global ADAS and Autonomous Driving Components Market by Vehicle Type
8 Global ADAS and Autonomous Driving Components Market by Region
9 Company Profiles
- Analog Devices Inc.
- Autoliv Inc.
- Continental AG
- DENSO Corporation
- Delphi Automotive PLC
- IBEO Automotive Systems GmbH
- Infineon Technologies AG
- Intel Corporation
- LeddarTech
- Magna International Inc.
- Murata Manufacturing Co. Ltd.
- NVIDIA Corporation
- NXP Semiconductors NV
- Qualcomm Inc.
- Quanergy Systems Inc.
For more information about this report visit https://www.researchandmarkets.com/research/zb4t8z/global_adas_and
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