Autonomous Vehicles and ADAS Market (Updated Version Available)

Advanced driver-assistance systems, or ADAS, are systems to help the driver in the driving process. Autonomous driving is supported by cloud data, car-to-car communication, and car-to-infrastructure communication. In consequence, ADAS systems must link to a vehicles communication module directly to enable fully autonomous driving
The race to develop autonomous vehicles (AV) and advanced driver assistance systems (ADAS) is on. Major vehicle original equipment manufacturers and tier-1 suppliers, as well as disruptive newcomers, are accelerating AV and ADAS development efforts to get ahead in the race.
Autonomous driving technology — involving radar, lidar, V2X communication, sensor fusion and deep learning — is drastically different from traditional automotive technology. Moreover, it is safety critical, so any errors could quickly lead to fatal consequences.
Companies would ideally need to road test autonomous vehicles for billions of miles to meet safety standards, but that would require centuries of development time. AV and ADAS development can only be achieved with the speed, economy and precision of computer simulation. Simulation is centrally important in developing autonomous vehicles.Using simulation, engineers can rapidly test thousands of driving scenarios. They can also optimize the performance of sensors and algorithms, accelerating time to market.
Global Autonomous Vehicles & ADAS market size will reach xx million US$ by 2026, from xx million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021-2026 as the forecast period to estimate the market size for Autonomous Vehicles & ADAS.

This report covers the present status and the future prospects of the global Autonomous Vehicles and ADAS market for 2015-2026.
The report offers detailed coverage of Autonomous Vehicles and ADAS industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Autonomous Vehicles and ADAS by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Continental AG, Mobileye, Autoliv Inc., Magna International, Hyundai Mobis

Market Segment as follows:
Market by Order Type

Adaptive Cruise Control
Blind Spot Detection System
Park assistance
Lane Departure Warning System
Tire Pressure Monitoring System
Autonomous Emergency Braking
Adaptive Front Lights
Others
Autonomous Vehicles & ADAS Breakdown Data by Application
Passenger car
Commercial vehicle

Autonomous Vehicles & ADAS market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Autonomous Vehicles and ADAS market for the forecast period 2021 - 2026?
• What are the driving forces in the Autonomous Vehicles and ADAS market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Autonomous Vehicles and ADAS industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.