Global ADAS Aftermarket market cagr 14.3%

ADAS Aftermarket Market

ADAS Aftermarket Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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ADAS Aftermarket Market Size and Growth

The ADAS Aftermarket is predicted to experience significant growth due to increasing consumer awareness and demand for advanced safety features in vehicles. The market size is estimated to reach $13.2 billion by 2027, driven by the rising adoption of ADAS technologies such as lane departure warning systems and adaptive cruise control. Request

Companies Covered (Covid 19 Impact Covered)

◍ Robert Bosch GmbH

◍ Continental

◍ ZF Friedrichshafen

◍ Denso

◍ Aptiv

◍ Valeo

◍ Magna International

◍ Veoneer

◍ Aisin Corporation

◍ Hitachi Astemo

◍ Nidec Corporation

◍ Infineon Technologies

◍ Ficosa Internacional

◍ Hella KGaA Hueck

◍ Pacific Industrial

◍ Mobileye

The competitive landscape of the ADAS aftermarket market includes key players such as Robert Bosch GmbH, Continental, ZF Friedrichshafen, Denso, Aptiv, Valeo, Magna International, Veoneer, Aisin Corporation, Hitachi Astemo, Nidec Corporation, Infineon Technologies, Ficosa Internacional, Hella KGaA Hueck, Pacific Industrial, and Mobileye. These companies offer a range of ADAS products and solutions, contributing to the growth of the market by meeting the increasing demand for advanced safety features in vehicles.

- Robert Bosch GmbH reported sales revenue of $83.9 billion in 2020.

- Continental reported sales revenue of $44.9 billion in 2020.

- Denso reported sales revenue of $35.7 billion in 2020.

- Valeo reported sales revenue of $18.1 billion in 2020.

Market Segmentation

By Application

◍ Passenger Cars

◍ Light Commercial Vehicles

◍ Heavy Commercial Vehicles

By Product

◍ Ultrasonic Sensors Technology

◍ Lidar Sensors Technology

◍ Radar Sensors Technology

◍ Camera Sensors Technology

◍ Infrared Sensors Technology

◍ Pressure Sensors Technology

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