ADAS Device/Components Market Will Reach USD 58900 Million by 2026 Growing at a CAGR of 38.6% : Top Players: NVIDIA, Robert Bosch, Continental, Analog Devices

A closer look at the overall ADAS Device/Components business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.

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New York, NY -- (SBWire) -- 02/09/2019 --The latest report on the ADAS Device/Components market closely surveys, examines and offers vital statistics on the ADAS Device/Components market for the forecast period 2018 - 2026. This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity. The industry assessment study depicts a perfectly clear picture of both the past and the future trends to offer the stakeholders, business owners, and marketing executives an opportunity to zero in on an effective marketing strategy and boost sales.
The report provides a detailed market analysis and forecast with respect to various component types (cameras, radars, ultrasonic sensors, LiDARs and ECUs) and vehicle types, which include passenger cars and commercial vehicles (light commercial vehicles, heavy trucks and heavy buses). Additionally, on the basis of automation level, the ADAS and autonomous driving components market is segmented into level 1, level 2, level 3, level 4 and level 5 automation.
Among all the components, a major contributor towards the market in 2017 was radar and it accounted for 37.5% share in 2017 by value.

The major players covered in this report are
ZF Friedrichshafen AG (Germany), Velodyne LiDAR (the U.S.), Magna International Inc. (Canada), LeddarTech (Canada), NVIDIA Corporation (the U.S.), Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive PLC (the U.K), Denso Corporation (Japan), Infineon Technologies AG (Germany), Mobileye N.V. (Israel), Analog Devices, Inc. (the U.S)

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In the year 2016, level 1 (ADAS) components dominated the market. However, due to the expected increase in the number of level 2 equipped vehicles in the future years, it is anticipated that level 2 autonomous components will dominate the market.

Geographically, Europe contributed the largest share of the market revenue of ADAS and autonomous driving market in 2017. Whereas, North America is expected to grow at the highest CAGR during the forecast period.

The global ADAS Device/Components market is valued at 4330 million US$ in 2017 and will reach 58900 million US$ by the end of 2026, growing at a CAGR of 38.6% during 2018-2026.

Market split by Type, can be divided into:
- Camera
- Radar
- LiDAR
- Ultrasonic sensor
- ECUs

Market split by Application, can be divided into:
- Passenger cars
- Commercial vehicles

Market split by Sales Channel, can be divided into:
- Direct Channel
- Distribution Channel

Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.

How geography and sales fit together
The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. ADAS Device/Components enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of ADAS Device/Components are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2026

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The study objectives of this report are:
# To analyze and study the global ADAS Device/Components sales, value, status (2018-2026) and forecast (2018-2026);
# To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, # to study the sales, value and market share of top players in these regions.
#Focuses on the key ADAS Device/Components players, to study the sales, value, market share and development plans in future.
#Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
#To define, describe and forecast the market by type, application and region.
#To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
#To identify significant trends and factors driving or inhibiting the market growth.
#To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
# To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
# To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
# To strategically profile the key players and comprehensively analyze their growth strategies.

Browse complete report description @ https://www.marketexpertz.com/industry-overview/adas-device-components-market

Key elements from table of content:
Chapter 1 ADAS Device/Components Market Overview
1.1 ADAS Device/Components Definition
1.2 Global ADAS Device/Components Market Size Status and Outlook (2013-2026)
1.3 Global ADAS Device/Components Market Size Comparison by Region (2013-2026)
1.4 Global ADAS Device/Components Market Size Comparison by Type (2013-2026)
1.5 Global ADAS Device/Components Market Size Comparison by Application (2013-2026)
1.6 Global ADAS Device/Components Market Size Comparison by Sales Channel (2013-2026)
1.7 ADAS Device/Components Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Continued….

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