ADAS and Autonomous Driving Components Market is Set to Witness 10.8% CAGR by 2030

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The Global ADAS & Autonomous Driving Components Market size was valued at around USD 34.68 billion in 2024 and is expected to reach USD 64.17 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.80%during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report.

Due to the increasing consumer preference for connected and autonomous vehicles and intensifying economic conditions the Global ADAS & Autonomous Driving Components Market is receiving an overwhelming positive response. Also, stringent government regulations for mandating the incorporation of safety related advanced features including Lane Keeping Assist, Blind Spot Indication, Braking Assist, Adaptive Cruise Control, and Parking Assist is a key market driver. Moreover, growing patient towards ADAS technologies among consumers is also aiding growth due to the fact that these features are becoming increasingly associated with the automotive industry.

Due to the increasing consumer preference for connected and autonomous vehicles and intensifying economic conditions the Global ADAS & Autonomous Driving Components Market is receiving an overwhelming positive response. Stringent government regulations for mandating the incorporation of safety related advanced features including Lane Keeping Assist, Blind Spot Indication, Braking Assist, Adaptive Cruise Control, and Parking Assist is a key market driver. Moreover, growing patient towards ADAS technologies among consumers is also aiding growth due to the fact that these features are becoming increasingly associated with the automotive industry, further states the research report, “Global ADAS & Autonomous Driving Components Market Analysis, 2025.”

Global ADAS & Autonomous Driving Components Market Segmentation Analysis

Passenger Cars Lead with Industry with Potential Shares

Based on the Vehicle Type segment, the market is further bifurcated into, passenger cars and commercial vehicles.

Passenger cars currently dominate the market, propelled by surging consumer demand for enhanced safety and comfort in sedans, hatchbacks, SUVs, and MUVs. This boom is being driven by increasing disposable incomes and proliferation of luxury and autonomous vehicles across the globe. Automobile is predicted to rise due to factors such as advanced automotive technology like Automatic Emergency Braking, Lane Departure, and Drowsiness Regulation such as increasing government regulations and advancing automotive technology is spurring the demand for the ADAS.

Asia-Pacific is Projected to Witness Remarkable Growth

Asia-Pacific is the leading market for this technology during 2025-30. The market in this region is driven by the increasing consumer demand for developed and safe driving experience, growing disposable income and the increasing penetration of connected cars and EVs, especially in China and Japan. The governments are encouraging the implementation of ADAS in the new model of vehicles, and high investment in AI based automobile sector of India is boosting the growth of ADAS regional market.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including Analog Devices Inc., Autoliv Inc, Continental AG, Delphi Automotive PLC, DENSO Corporation, HERE, IBEO Automotive Systems GmbH, Infineon Technologies AG, Intel Corporation, LeddarTech, and others are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the region?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping across various countries?
6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?