ADAS Sensor Market Scope and Size by 2031
The Advanced Driver Assistance System (ADAS) architecture is built around sensors. ADAS (Advanced Driver Assistance Systems) are in-vehicle systems that monitor, warn, and manage the vehicle with partial and full driver control. When the person driving the car is unable to completely concentrate on driving and needs assistance in vehicle control, it assists the driver in driving and other tasks such as parking the vehicle. Factors such as increasing demand for 5G technology for vehicle connectivity is creating profitable opportunities for the market in the forecast period.
MARKET DYNAMICS
The rising demand for electric vehicles (EV) and adoption of integrated radar and camera systems for ADAS applications are driving the growth of the ADAS sensor market. The Lack of infrastructure outside of urban areas, cost considerations, and insufficient driving training may restrain the growth of the ADAS sensor market. Furthermore, widespread use of cameras and radarsare anticipated to create market opportunities for the ADAS sensor market during the forecast period.
MARKET SCOPE
The "Global ADAS Sensor Market Analysis to 2031" is a specialized and in-depth study of the ADAS sensor market with a special focus on the global market trend analysis. The report aims to provide an overview of ADAS sensor market with detailed market segmentation by product type, vehicle type , and geography. The global ADAS sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ADAS sensor market players and offers key trends and opportunities in the ADAS sensor market.
MARKET SEGMENTATION
The global ADAS sensor market is segmented on the basis of product type and vehicle type. On the basis of product type the market is segmented into temperature sensor, laser sensor, radar sensor, ultrasonic sensor, lidar sensor, pressure sensor, infrared sensor, and others. On the basis of vehicle type the market is segmented into passenger cars, commercial vehicles, and heavy commercial vehicles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global ADAS sensor market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ADAS sensor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ADAS sensor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the ADAS sensor market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global ADAS sensor market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ADAS sensor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting ADAS sensor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the ADAS sensor market in these regions.
MARKET PLAYERS
The reports cover key developments in the ADAS sensor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from ADAS sensor market are anticipated to lucrative growth opportunities in the future with the rising demand for ADAS sensor market. Below mentioned is the list of few companies engaged in the ADAS sensor market.
The report also includes the profiles of key ADAS sensor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 ADAS Sensor Market - By Product Type
1.3.2 ADAS Sensor Market - By Vehicle Type
1.3.3 ADAS Sensor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ADAS SENSOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ADAS SENSOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ADAS SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. ADAS SENSOR - GLOBAL MARKET OVERVIEW
6.2. ADAS SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ADAS SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. TEMPERATURE SENSOR
7.3.1. Overview
7.3.2. Temperature Sensor Market Forecast and Analysis
7.4. LASER SENSOR
7.4.1. Overview
7.4.2. Laser Sensor Market Forecast and Analysis
7.5. RADAR SENSOR
7.5.1. Overview
7.5.2. Radar Sensor Market Forecast and Analysis
7.6. ULTRASONIC SENSOR
7.6.1. Overview
7.6.2. Ultrasonic Sensor Market Forecast and Analysis
7.7. LIDAR SENSOR
7.7.1. Overview
7.7.2. LiDAR Sensor Market Forecast and Analysis
7.8. PRESSURE SENSOR
7.8.1. Overview
7.8.2. Pressure Sensor Market Forecast and Analysis
7.9. INFRARED SENSOR
7.9.1. Overview
7.9.2. Infrared Sensor Market Forecast and Analysis
7.10. OTHERS
7.10.1. Overview
7.10.2. Others Market Forecast and Analysis
8. ADAS SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. COMMERCIAL VEHICLES
8.4.1. Overview
8.4.2. Commercial Vehicles Market Forecast and Analysis
8.5. HEAVY COMMERCIAL VEHICLES
8.5.1. Overview
8.5.2. Heavy Commercial Vehicles Market Forecast and Analysis
9. ADAS SENSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America ADAS Sensor Market Overview
9.1.2 North America ADAS Sensor Market Forecasts and Analysis
9.1.3 North America ADAS Sensor Market Forecasts and Analysis - By Product Type
9.1.4 North America ADAS Sensor Market Forecasts and Analysis - By Vehicle Type
9.1.5 North America ADAS Sensor Market Forecasts and Analysis - By Countries
9.1.5.1 United States ADAS Sensor Market
9.1.5.1.1 United States ADAS Sensor Market by Product Type
9.1.5.1.2 United States ADAS Sensor Market by Vehicle Type
9.1.5.2 Canada ADAS Sensor Market
9.1.5.2.1 Canada ADAS Sensor Market by Product Type
9.1.5.2.2 Canada ADAS Sensor Market by Vehicle Type
9.1.5.3 Mexico ADAS Sensor Market
9.1.5.3.1 Mexico ADAS Sensor Market by Product Type
9.1.5.3.2 Mexico ADAS Sensor Market by Vehicle Type
9.2. EUROPE
9.2.1 Europe ADAS Sensor Market Overview
9.2.2 Europe ADAS Sensor Market Forecasts and Analysis
9.2.3 Europe ADAS Sensor Market Forecasts and Analysis - By Product Type
9.2.4 Europe ADAS Sensor Market Forecasts and Analysis - By Vehicle Type
9.2.5 Europe ADAS Sensor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany ADAS Sensor Market
9.2.5.1.1 Germany ADAS Sensor Market by Product Type
9.2.5.1.2 Germany ADAS Sensor Market by Vehicle Type
9.2.5.2 France ADAS Sensor Market
9.2.5.2.1 France ADAS Sensor Market by Product Type
9.2.5.2.2 France ADAS Sensor Market by Vehicle Type
9.2.5.3 Italy ADAS Sensor Market
9.2.5.3.1 Italy ADAS Sensor Market by Product Type
9.2.5.3.2 Italy ADAS Sensor Market by Vehicle Type
9.2.5.4 United Kingdom ADAS Sensor Market
9.2.5.4.1 United Kingdom ADAS Sensor Market by Product Type
9.2.5.4.2 United Kingdom ADAS Sensor Market by Vehicle Type
9.2.5.5 Russia ADAS Sensor Market
9.2.5.5.1 Russia ADAS Sensor Market by Product Type
9.2.5.5.2 Russia ADAS Sensor Market by Vehicle Type
9.2.5.6 Rest of Europe ADAS Sensor Market
9.2.5.6.1 Rest of Europe ADAS Sensor Market by Product Type
9.2.5.6.2 Rest of Europe ADAS Sensor Market by Vehicle Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific ADAS Sensor Market Overview
9.3.2 Asia-Pacific ADAS Sensor Market Forecasts and Analysis
9.3.3 Asia-Pacific ADAS Sensor Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific ADAS Sensor Market Forecasts and Analysis - By Vehicle Type
9.3.5 Asia-Pacific ADAS Sensor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia ADAS Sensor Market
9.3.5.1.1 Australia ADAS Sensor Market by Product Type
9.3.5.1.2 Australia ADAS Sensor Market by Vehicle Type
9.3.5.2 China ADAS Sensor Market
9.3.5.2.1 China ADAS Sensor Market by Product Type
9.3.5.2.2 China ADAS Sensor Market by Vehicle Type
9.3.5.3 India ADAS Sensor Market
9.3.5.3.1 India ADAS Sensor Market by Product Type
9.3.5.3.2 India ADAS Sensor Market by Vehicle Type
9.3.5.4 Japan ADAS Sensor Market
9.3.5.4.1 Japan ADAS Sensor Market by Product Type
9.3.5.4.2 Japan ADAS Sensor Market by Vehicle Type
9.3.5.5 South Korea ADAS Sensor Market
9.3.5.5.1 South Korea ADAS Sensor Market by Product Type
9.3.5.5.2 South Korea ADAS Sensor Market by Vehicle Type
9.3.5.6 Rest of Asia-Pacific ADAS Sensor Market
9.3.5.6.1 Rest of Asia-Pacific ADAS Sensor Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific ADAS Sensor Market by Vehicle Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa ADAS Sensor Market Overview
9.4.2 Middle East and Africa ADAS Sensor Market Forecasts and Analysis
9.4.3 Middle East and Africa ADAS Sensor Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa ADAS Sensor Market Forecasts and Analysis - By Vehicle Type
9.4.5 Middle East and Africa ADAS Sensor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa ADAS Sensor Market
9.4.5.1.1 South Africa ADAS Sensor Market by Product Type
9.4.5.1.2 South Africa ADAS Sensor Market by Vehicle Type
9.4.5.2 Saudi Arabia ADAS Sensor Market
9.4.5.2.1 Saudi Arabia ADAS Sensor Market by Product Type
9.4.5.2.2 Saudi Arabia ADAS Sensor Market by Vehicle Type
9.4.5.3 U.A.E ADAS Sensor Market
9.4.5.3.1 U.A.E ADAS Sensor Market by Product Type
9.4.5.3.2 U.A.E ADAS Sensor Market by Vehicle Type
9.4.5.4 Rest of Middle East and Africa ADAS Sensor Market
9.4.5.4.1 Rest of Middle East and Africa ADAS Sensor Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa ADAS Sensor Market by Vehicle Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America ADAS Sensor Market Overview
9.5.2 South and Central America ADAS Sensor Market Forecasts and Analysis
9.5.3 South and Central America ADAS Sensor Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America ADAS Sensor Market Forecasts and Analysis - By Vehicle Type
9.5.5 South and Central America ADAS Sensor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil ADAS Sensor Market
9.5.5.1.1 Brazil ADAS Sensor Market by Product Type
9.5.5.1.2 Brazil ADAS Sensor Market by Vehicle Type
9.5.5.2 Argentina ADAS Sensor Market
9.5.5.2.1 Argentina ADAS Sensor Market by Product Type
9.5.5.2.2 Argentina ADAS Sensor Market by Vehicle Type
9.5.5.3 Rest of South and Central America ADAS Sensor Market
9.5.5.3.1 Rest of South and Central America ADAS Sensor Market by Product Type
9.5.5.3.2 Rest of South and Central America ADAS Sensor Market by Vehicle Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ADAS SENSOR MARKET, KEY COMPANY PROFILES
11.1. DENSO CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DELPHI TECHNOLOGIES
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. NXP SEMICONDUCTORS N.V.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ROBERT BOSCH GMBH
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. VELODYNE LIDAR INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. TEXAS INSTRUMENTS INC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PANASONIC CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TE CONNECTIVITY LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. CONTINENTAL AG.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ON SEMICONDUCTOR CORP.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Denso Corporation
2.Delphi Technologies
3.NXP Semiconductors N.V.
4.Robert Bosch GmbH
5.Velodyne Lidar Inc.
6.Texas Instruments Inc
7.Panasonic Corporation
8.TE Connectivity Ltd.
9.Continental AG.
10.ON Semiconductor Corp.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.