ADAS Sensor Market Share, Development, Growing Demand, and Top Key Players

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2022
ADAS Sensor Market Opportunities, Growth,
Challenges, Business Trends and Forecast 2030
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Bosch claims that its fourth-generation
long-range radar (LRR) for automobiles has a
detection range of up to 250 meters, while
Continentals 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, PS 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
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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 PS Intelligence Advanced Driver
Assistance Systems Market Key Trends And
Opportunity Areas by Leading Players Automotive
Sensors Market Research Report with top Players
and Growth Opportunity
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• 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

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• 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

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• 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

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• 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

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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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publications. However, the information in
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