Global Sensor for ADAS market cagr 12.6%

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Sensor for ADAS Market

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

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Sensor for ADAS Market Size and Growth

The Sensor for Advanced Driver-Assistance Systems (ADAS) market is experiencing robust growth, driven by increasing demand for vehicle safety and automation. As of 2023, the market is valued at approximately $15 billion, with projections indicating significant expansion due to technological advancements and regulatory support for safer driving solutions.

Companies Covered

(Covid 19 Impact Covered)

◍ Continental

◍ FLIrSystems

◍ HELLA

◍ LeddartecH

◍ ONSemiconductor

◍ Robert Bosch

◍ SAMSUNG ELECTRONICs

◍ Siemens

◍ Sony

◍ Texas Instruments

The Sensor for ADAS market features key players like Continental, FLIR Systems, HELLA, and others, providing advanced sensors like LiDAR, cameras, and radar. These companies enhance vehicle safety and automation, driving market growth through innovation. Notable revenues include Bosch ($77 billion) and Samsung Electronics ($239 billion).

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Market Segmentation

By Application

Passenger Car

Commercial Vehicle

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By Product

Radar Sensor

Cameras Sensor

Ultrasonic Sensor

Infrared Sensor

Others

Market Growth

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$ X Billion USD

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