LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive ADAS sensors market and it is poised to grow by USD 24.96 billion during 2020-2024, progressing at a CAGR of over 21% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Continental AG, FLIR Systems Inc., HELLA GmbH & Co. KGaA, Leddartech Inc., ON Semiconductor Corp., Robert Bosch GmbH, Samsung Electronics Co Ltd., Siemens AG, Sony Corp., and Texas Instruments Inc. are some of the major market participants. The progression toward autonomous vehicles will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Progression toward autonomous vehicles has been instrumental in driving the growth of the market.
Automotive ADAS Sensors Market 2020-2024: Segmentation
Automotive ADAS Sensors Market is segmented as below:
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Automotive ADAS Sensors Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive ADAS sensors market report covers the following areas:
This study identifies increased accuracy in perceiving the environment through sensor fusion technique as one of the prime reasons driving the automotive ADAS sensors market growth during the next few years.
Automotive ADAS Sensors Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive ADAS sensors market, including some of the vendors such as Continental AG, FLIR Systems Inc., HELLA GmbH & Co. KGaA, Leddartech Inc., ON Semiconductor Corp., Robert Bosch GmbH, Samsung Electronics Co Ltd., Siemens AG, Sony Corp., and Texas Instruments Inc. Backed with competitive intelligence and benchmarking, our research reports on the automotive ADAS sensors market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive ADAS Sensors Market 2020-2024: Key Highlights
Table Of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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