Global ADAS and Autonomous Driving Component Market 2018-2028 - High Demand of ADAS Component with Increase in Level of Automation

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Feb 06, 2019, 12:00 ET

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The "Global ADAS and Autonomous Driving Component Market: Focus on Level 1, Level 2, Level 3, Level 4 and Level 5 - Camera, Ultrasonic Sensors, Radar, LiDAR and ECU for Passenger Cars and Commercial Vehicle - Analysis and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering.

Global ADAS and Autonomous Driving Component Market to Grow at a CAGR of 22.31% from 2018-2028

The automotive industry has grown organically and is on a transitional shift from traditional mechanism to autonomous driving, which boosts the demand of components such as camera, ultrasonic sensors, radar, LiDAR, and ECU. ECU dominated the global ADAS and autonomous driving component market and contributed a major share of the total market in 2017 and is expected to continue its dominance throughout the forecast period.

This is mainly due to the higher cost of ECU as compared to other components such as camera, ultrasonic sensors, radar, and LiDAR. Additionally, a growing number of sensors and electronic components is anticipated to boost the demand for ECU. Owing to the critical nature of autonomous systems and the need for development for effective sensors, the automotive industry witnessed the introduction of LiDARs. It offers a greater range, wide field of view and improved accuracy to spot the obstacles when compared to other object sensing components such as camera, radars, and ultrasonic sensors. Therefore, the LiDAR market is expected to grow at the fastest rate during the forecast period in comparison to the other components of ADAS and an autonomous driving component.

Depending upon the levels of automation- Level 1 dominated the global ADAS and autonomous driving component market and contributed a majority share of the total market in 2017 and is expected to continue its dominance throughout the forecast period. This is mainly due to higher penetration of ADAS features in passenger vehicles such as adaptive cruise control, glare-free high beam and pixel light, adaptive light control, and automatic parking, among others. The market for level 4 and level 5 components is comparatively new as compared to the other levels of automation. However, the expected increase in the number of level 4 and level 5 prototypes and commencement of level 4 and level 5 automated vehicles in the future years is anticipated to increase the components market at a rapid growth rate.

The global ADAS and autonomous driving component market has witnessed several strategic and technological developments in the past few years, undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the initiatives taken by players in the component market include new product launches, precise and secure systems, pricing strategies, acquisitions of small-scale start-ups and emerging players, and formation of partnerships among the major players of the automotive components industry.

Key Topics Covered:

Executive Summary

1 Market Overview
1.1 Introduction
1.2 Ecosystem
1.3 ADAS and Autonomous Driving Introduction
1.3.1 ADAS Overview
1.3.2 Autonomous Driving Overview
1.4 Policies and Government Initiatives for ADAS and Autonomous Driving
1.4.1 Current Laws and Regulatory Bodies Related to Autonomous Vehicles by Country
1.4.2 Current Laws and Regulatory Bodies Related to Testing or Experimentation of Autonomous Vehicles by Country
1.4.3 Regulatory Agencies for Driverless Vehicle
1.5 Key Developments by Automotive OEMs, Autonomous Technology Providers, and Software Providers in Autonomous Driving Industry
1.6 Investment by Major OEMs and Tier 1 Component Providers

2 Market Dynamics
2.1 Market Drivers
2.1.1 Impact of Market Drivers
2.1.2 Growing Emphasis Towards Road Safety
2.1.3 Rising Demand of ADAS Features in Truck
2.1.4 Increased Government Focus on Streamlined Traffic Infrastructure
2.1.5 Growing Demand for Highly Autonomous Vehicles (L4 and L5)
2.1.6 Increasing Push from the Government to Develop Connected and Autonomous Infrastructure
2.2 Market Challenges
2.2.1 High Price of ADAS and Autonomous Driving Components
2.2.2 Safety and Reliability Issues with ADAS Components
2.2.3 Rise in Cyber threat due to Increase of Data
2.3 Market Opportunities
2.3.1 High Demand of ADAS Component with Increase in Level of Automation
2.3.2 Revenue Generation Opportunity for Different Layers of Automotive Ecosystem
2.3.3 Transition from Car Ownership to Mobility-as-a-Service (MaaS)

3 Competitive Landscape
3.1 Introduction
3.1.1 Product Launches and Developments
3.1.2 Business Expansion
3.1.3 Partnerships/Collaborations/Joint Ventures
3.1.4 Mergers and Acquisitions
3.1.5 Others (Awards and Achievements)
3.2 Value Chain Analysis
3.3 Supply Chain Analysis
3.3.1 Supply Chain Analysis: Camera
3.3.2 Supply Chain Analysis: Radar
3.3.3 Supply Chain Analysis: Ultrasonic Sensors
3.3.4 Supply Chain Analysis: LiDAR
3.3.5 Supply Chain Analysis: ECU
3.4 Market Share Analysis
3.5 Patent Analysis
3.5.1 Introduction
3.5.2 Key Patent: ADAS and Autonomous Driving Component
3.5.3 Patent Landscape
3.5.3.1 Pate Landscape: ADAS and Autonomous Driving Radar
3.5.3.2 Patent Landscape: ADAS and Autonomous Driving Ultrasonic Sensors
3.5.3.3 Patent Landscape: ADAS and Autonomous Driving Image Sensors
3.5.3.4 Patent Landscape: ADAS and Autonomous Driving ECU
3.5.3.5 Patent Landscape: ADAS and Autonomous Driving LiDAR
3.6 Pricing Analysis
3.7 R&D Analysis
3.7.1 Analog Device, Inc.
3.7.2 ZF Friedrichshafen
3.7.3 Valeo
3.7.4 Texas Instruments
3.7.5 Robert Bosch GmbH
3.7.6 NXP Semiconductors
3.7.7 Autoliv Inc.

4 Global ADAS and Autonomous Driving Component Market Analysis and Forecast
4.1 Assumptions & Limitations for Market Size Calculations
4.2 Market Scope

5 Global ADAS and Autonomous Driving Component Market, by Component Type
5.1 Camera
5.2 Radar
5.3 Ultrasonic Sensors
5.4 LiDAR
5.5 Electronic Control Units (ECUs)

6 Global ADAS and Autonomous Driving Component Market, by Level of Autonomy
6.1 Level 1 (Advanced Driving Assist Systems-ADAS)
6.2 Level 2 (Partial Automation)
6.3 Level 3 (Conditional Automation)
6.4 Level 4 (High Automation)
6.5 Level 5 (Full Automation)

7 Global ADAS and Autonomous Driving Component Market by Vehicle Type
7.1 Passenger Cars
7.2 Commercial Vehicles
7.2.1 Heavy Trucks
7.2.2 Heavy Buses

8 Global ADAS and Autonomous Driving Component Market, by Region

9 Company Profiles

Analog Device, Inc.
Aptiv
Autoliv Inc.
Continental AG
DENSO
Ibeo Automotive Systems GmbH
Infineon Technologies AG
Intel Corporation
LeddarTech Inc.
Magna International Inc.
Murata Manufacturing Co., Ltd.
Quanergy Systems Inc.
NXP Semiconductors
Robert Bosch GmbH
Texas Instruments Incorporated
Valeo Group
Velodyne LiDAR, Inc.
ZF Friedrichshafen AG

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