Global Automotive ADAS and Autonomous Vehicles Market Report 2023: Trends and Analysis by Technology, Companies and Forecasts to 2028 Featuring Audi, BMW, Mercedes Benx and Honda

DUBLIN, Nov. 29, 2023 /PRNewswire/ -- The "Automotive ADAS and Autonomous Vehicles Market Trends and Analysis by Technology, Companies and Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

The global autonomous and ADAS-enabled vehicle market is estimated at 516.3 mn units in 2023, recording a substantial annual growth of 13.7%. During 2018-23, the sector posted a negative CAGR of 0.4% owing to the prolonged impact of COVID-19.

Over the forecast period, the sector is expected to record a CAGR of 7.0% to reach 723.9 mn units by 2028. In 2023 front ultrasound sensors garner a share of 10.1%, rear ultrasound sensors garner a share of 10.1%, radar- short/medium range garner a share of 11.0%, and front cameras garner a share of 10.9%. In 2028, front ultrasound sensors garner a share of 11.9%, rear ultrasound sensors garner a share of 11.9%, radar- short/medium range garner a share of 9.1%, and front cameras garner a share of 9.2%.

It includes analysis on the following 

• Trends & Drivers: Provides an overview of current sector scenario regarding the future outlook in terms of key trends and drivers of the sector.
• Technological Developments: Provides a detailed overview of technological developments and innovations in the sector.
• PESTER Analysis: Provides a detailed understanding of various factors such as political, economic, social, technological, environmental, and regulatory impacting the sector.
• Sector Forecast: Provides deep-dive analysis of global market covering volume growth during 2018-2028, and spot estimates for 2023 and 2028. The analysis also covers regional overview across four regions-Asia-Pacific, Europe, North America, and South America and MEA-highlighting sector size, and growth drivers for the region.
• Competitive Landscape: Provides an overview of leading component suppliers at a global and regional level, besides analyzing the recent product innovations and key strategic initiatives taken by the companies.
• Patent Analysis: Provides an overview of patent filings in the sector across regions, countries and top applicants.

Reasons to Buy

• Auto OEMs and component suppliers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a demand for authentic market data with a high level of detail.
• This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region.
• The report provides a detailed analysis of the regions and competitive landscape that can help companies gain insight into the region-specific nuances.
• The analysts have also placed a significant emphasis on the key trends that drive customer choice and the future opportunities that can be explored in the region, which can help companies in revenue expansion.
• To gain competitive intelligence about leading component suppliers in the sector in the region with information about their market share and growth rates.

Key Topics Covered:

Executive Summary

Part 1: Main Trends and Drivers

Trends

Drivers

Part 2: Technologies and Innovations

Part 3: PESTER Analysis

Part 4: Sector Forecast

ADAS and Autonomous Vehicles - Global Volumes

Asia-Pacific Market Growth Analysis

European Market Growth Analysis

North American Market Growth Analysis

South America Market Growth Analysis

MEA Market Growth Analysis

Part 5: Latest Developments

Part 6: Key Companies

Part 7: Patent Analysis

Part 8: Appendix

A selection of companies mentioned in this report includes

• Audi
• BMW
• Mercedes Benz
• Honda

For more information about this report visit https://www.researchandmarkets.com/r/v3pit3

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected] 

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets