Global Autonomous Vehicles & ADAS market cagr 11.3%

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Autonomous Vehicles & ADAS Market

Autonomous Vehicles & ADAS Market Scope: Industry Analysis, Market Size, Growth, Trends Till

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Autonomous Vehicles & ADAS Market Size and Growth

The Autonomous Vehicles and Advanced Driver Assistance Systems (ADAS) market is projected to reach $85 billion by 2030, driven by increasing safety regulations and technological advancements. Current market conditions emphasize innovation, regulatory clarity, and consumer acceptance, shaping the competitive landscape and encouraging significant investment from automotive and tech industries.

Companies Covered

(Covid 19 Impact Covered)

◍ Continental AG

◍ Mobileye

◍ Autoliv Inc.

◍ Magna International

◍ Hyundai Mobis

The Autonomous Vehicles & ADAS market features key players like Continental AG, Mobileye, Autoliv Inc., Magna International, and Hyundai Mobis. They innovate solutions enhancing safety, facilitating autonomous driving, and integrating advanced technologies, driving market growth. For instance, Mobileye generated approximately $1.4 billion in revenue in 2022, while Continental reported around $43 billion.

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Market Segmentation

By Application

By Product

Others ◍ Passenger car ◍ Commercial vehicle

◍ Adaptive Cruise Control

◍ Blind Spot Detection System

◍ Park assistance

◍ Lane Departure Warning System ◍ Tire Pressure Monitoring System ◍ Autonomous Emergency Braking

Adaptive Front Lights

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Market Growth

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$ X Billion USD

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