ADAS (Advanced Driving Assistance System) Market: by Vehicle type (Level 0-5), by Sensor Type (Long-Range Radar (LRR), Short-Range Radar and Medium Range Radar (SRR-MRR), Infrared (IR), Camera Forecast, Lidar Forecast, Ultrasonic Forecast)– Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)

Advanced driving assistance system market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating in the global market. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The report’s study will outlook one of the most exhaustive analyses of the market, capturing all the aspects of the ADAS market.

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Global ADAS market size is projected to be valued at USD 25.0 billion in 2019 and grow at a CAGR of 8.0% during the forecast period, 2020-2025. The introduction of autonomous vehicles is estimated to create new opportunities in the automobile industry. ADAS technologies have significantly solved the complexity of driving, such as stability controls, blind spots, emergency braking, and lane monitoring, among others in the autonomous and traditional vehicles.

The COVID-19 pandemic has disrupted the global ADAS, and companies have been forced to restructure their plans to cope with the pandemic. The automotive industry is influenced by COVID-19 in three major ways: by impacting production and demand, by disturbing supply chain and market, and by its financial effect on companies. Owing to manufacturing discrepancies and global economic issues, several companies have delayed their plans. To prevent the spread of coronavirus, workers have either returned to their hometowns which have significantly affect the production.

The report outlines the study of the ADAS market-based sensor type, application, level of automation, and vehicle type

Based on the sensor type, the ADAS market is segmented into-

Based on the level of automation, the ADAS market is segmented into-

Based on application, the ADAS market is segmented into-

Based on vehicle type, the ADAS market is segmented into-

ADAS Market by Vehicle Type, 2018-2025 (USD Million)

ADAS market is segmented into the following regions, namely, North America, Asia Pacific, South America, Europe, and the Middle East and Africa (MEA), which have been segmented into global ADAS. In the ADAS market, North America held the largest share, followed by the Asia Pacific and Europe. The launch of new and creative technologies is boosting the ADAS. Moreover, Asia Pacific is the fastest-growing market and, over the forecast period is expected to project the highest CAGR in the global market.

ADAS Market Growth by Region, 2020-2025

Key Competitors Operating in the global ADAS Market

The global ADAS market is highly consolidated, with the presence of a new number of players in the global ADAS market across the globe. The key players operating in the global ADAS market are Robert Bosch, Continental AG, ZF Friedrichshafen, Valeo, Magna International, and Denso Corporation. Some key developments in the ADAS market are:

The ADAS report provides a thorough analysis of macro-economic factors and the market attractiveness of every segment. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the presence of the market players in the respective segment and region/country. The information concluded in the report includes the inputs 

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