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The ADAS and autonomous driving component market is anticipated to grow at a CAGR of 22.31% during the forecast period 2018-2028.
The automotive industry is in the process of constant evolution since its origin in the nineteenth century. The increasing number of on-road vehicles provide immense number of opportunities as well as also leads to complications for safer and more secure movement of goods and passengers. In the recent times, there have been many technological advancements in the automotive industry, which in turn, is expected to further advance the concept of vehicle safety on public roads. The dynamic evolution of the automobile industry is attributed primarily to the changing consumer preferences, growing focus towards driver safety, environmental concerns, and stringent government regulations which are focusing towards crash avoidance rather than crash survival. In the past years, automobiles have undergone rapid technological advancements in terms of vehicle performance, passenger safety, communication capabilities, and driving comfort. These improvements have led to a surge in the number of on-road vehicles, thus raising the need for the safer movement of automobiles. These goals of automakers are profoundly supported by several federal authorities such as “National Highway Traffic Safety Administration” (NHTSA), “European Commission” (EC), and “Ministry of Land, Infrastructure, Transport and Tourism” (MLIT), among others. This is expected to advance the vehicle safety on public roads with an early integration of advanced driver assist systems (ADAS) in automobiles. Considering ADAS as the founding stone, automakers are expected to advance to semi-autonomous vehicles and ultimately, towards fully-autonomous vehicles.
The ADAS and autonomous driving components market is also proportionally relative to the development of the autonomous vehicles. The need for safety, rising demand for luxury cars as a result of the increasing disposable income of the developing countries, and stringent government regulations have influenced the autonomous vehicle market to substantially enhance its sales, which has subsequently propelled the growth of its components.
The ADAS and autonomous driving component market is anticipated to grow at a significant rate during the forecast period 2018-2028. The growth is attributed to the rise in demand of autonomous driving solution for passenger cars such as auto pilot, lane departure system, and blind spot detection, among others, along with growing emphasis toward road safety, rapidly increasing number of automated vehicles, reduction in road congestion, and growing demand for safety sensors.
North America dominated the global ADAS and autonomous components market with a prominent share in the year 2017. Factors such as initiatives made by the federal bodies to increase road safety standards, high demand for automated cars, and increased manufacturing activities in the U.S. and Canada are expected to propel the growth of the autonomous vehicle market in the region. Thus, this increase in autonomous vehicle will boost the ADAS and autonomous driving components market in North America. Additionally, increasing number of high-end passenger cars (ADAS vehicles) such as BMW, Audi, Mercedes Benz, and Volvo among others is expected to boost the market growth. The ADAS and autonomous driving component market in the APAC is expected to grow at a faster rate in comparison to Europe and North America between 2018 and 2023. Factors such as the growing automotive industry, rising disposable income, and increasing manufacturing facilities are some of the factors contributing to the growth of the market in the APAC region. Additionally, factors such as stringent government rules and regulations for road safety boost the market growth.
The key players in the global ADAS and autonomous driving component market are Autoliv Inc., Continental AG, Aptiv PLC, DENSO Corporation, Magna International Inc, Murata Manufacturing Co. Ltd, Quanergy Systems Inc, Robert Bosch GmbH, Valeo, Velodyne Lidar, and ZF Friedrichshafen AG, among others. These companies adopt different strategies such as business expansions, product launches, and product developments, among others in order to enhance its market share and to increase its geographical foothold.
This report is a meticulous compilation of research on different segments of approximately 150 players in the ADAS and autonomous driving component market including market breakdown by component type, vehicle type, level of autonomy, and geography. The report further takes into consideration the market dynamics and the competitive landscape. Moreover, it draws upon insights from in-depth interviews of key opinion leaders of more than 25 leading companies, market participants, and vendors. The report also profiles around 18 companies which are key contributors in the market, including Analog Device, Inc, Infineon Technologies AG, Intel Corporation, NXP Semiconductors, Texas Instruments Incorporated Continental AG, Ibeo Automotive Systems GmbH, Robert Bosch GmbH, Denso Corporation, LeddarTech, Quanergy Systems, and Velodyne LiDAR, Aptiv, Autoliv, Inc., Magna International Inc., Murata Manufacturing Co., Ltd, Valeo, and ZF Friedrichshafen AG.
Key questions answered in the report
• What is ADAS and autonomous driving?
• How big is the ADAS and autonomous driving component market in terms of revenue and what is the CAGR (2018-2028)?
• What is the revenue generated by the different levels of autonomy such as level 1, level 2, level 3, level 4, and level 5?
• What is the revenue generated by the different vehicle types such as passenger cars and commercial vehicle?
• What is the revenue generated by the different ADAS and autonomous driving component such as camera, ultrasonic sensors, radar, LiDAR, and ECU?
• What is the revenue generated by the different regions such as North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW)?
• Which are the key companies operating in the ADAS and autonomous driving component market?
• Which global factors would impact the ADAS and autonomous driving component market?
• What are the key market strategies adopted by the ADAS and autonomous driving component market players?
List of Tables
Table 1.1: Current Laws and Regulatory Bodies Related to Autonomous Vehicles by Country
Table 1.2: Current: Laws and Regulatory Bodies Related to Testing or Experimentation of Autonomous Vehicles by Country
Table 1.3: Regulatory Agencies for Driverless Vehicle
Table 2.1: Impact of Market Drivers
Table 2.2: Impact of Market Challenges
Table 3.1: Overview of Optical Phased Array LiDAR System
Table 3.2: Overview of Omnidirectional LiDAR system
Table 3.3: Overview of Traffic Side Detection
Table 3.4: Overview of High Definition LiDAR System
Table 3.5: Overview of Localization of Vehicle with two LiDAR
Table 3.6: Overview of Vertical Alignment of LiDAR Sensor
Table 3.7: Overview of Detection and Ranging methods
Table 3.8: Overview of Low Cost and Small Size LiDAR
Table 3.9: Overview of Roll Stability Control System
Table 3.10: Overview of SOI-Based Opto-Electronic Compounds
Table 3.11: Overview of a Single-Photon Detector
Table 3.12: Overview of Traffic Scanning LiDAR
Table 3.13: Overview of First Warning System for Automotive Vehicles
Table 3.14: Overview of Automatic Driving Route Planning Application
Table 3.15: Overview of Driver Assistance System for Displaying Surroundings of a Vehicle
Table 3.16: Overview of All-Weather Autonomously Driven Vehicles
Table 3.17: Overview of Consideration of Risks in Active Sensing for an Autonomous Vehicle
Table 3.18: Overview of Lane Assignments for Autonomous Vehicles
Table 3.19: Overview of Solid Object Detection System Using Laser and Radar Sensor Fusion
Table 3.20: Overview of Self-Driving Vehicle with Integrated Active Suspension
Table 3.21: Overview of Autonomous Vehicle Detection of and Response to Emergency Vehicles
Table 3.22: Overview of System and Method for Predicting Behaviours of Detected Objects
Table 3.23: Overview of Advanced Driver Assistance System Feature Performance Using Off-Vehicle Communications
Table 3.24: Overview of Mode Transition for an Autonomous Vehicle
Table 3.25: Overview of Steering Wheels for Vehicle Control in Manual and Autonomous Driving
Table 3.26: Overview of Autonomous Driving Vehicle
Table 3.27 Overview of Method and System for Vehicle ESC System Using Map Data
Table 3.28: Overview of Control and Systems for Autonomously Driven Vehicles
Table 4.1 Global ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Table 5.1 Comparison of Features: LiDAR, Radar and Cameras
Table 5.2: Global ADAS and Autonomous Driving Camera Market Size by Region, 2017-2028 ($Million)
Table 5.3: Global ADAS and Autonomous Driving Camera Market Size, by Type, 2017-2028 ($Million)
Table 5.4: Radar Application, Detection Range, and Operating Frequency
Table 5.5: Global ADAS and Autonomous Driving Radar Market Size, by Type, 2017-2028 ($Million)
Table 5.5: Global ADAS and Autonomous Driving Radar Market Size, by Region, 2017-2028 ($Million)
Table 5.6: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, by Region, 2017-2028 ($Million)
Table 5.7: Global ADAS and Autonomous Driving LiDAR Market Size, by Type, 2017-2028 ($Million)
Table 5.8: Global ADAS and Autonomous Driving LiDAR Market Size, by Region, 2017-2028 ($Million)
Table 5.9: Global ADAS and Autonomous Driving ECU Market Size, by Region, 2017-2028 ($Million)
Table 6.1: Global Level 1 ADAS and Autonomous Driving Components Market Size, by Component Type, 2017-2028 ($Million)
Table 6.2: Global Level 2 ADAS and Autonomous Driving Components Market Size, by Component Type, 2017-2028, ($Million)
Table 6.3: Global Level 3 ADAS and Autonomous Driving Components Market Size, by Component Type, 2017-2028 ($Million)
Table 6.4: Global Level 4 ADAS and Autonomous Driving Components Market, by Component Type, 2017-2028 ($Million)
Table 6.5: Global Level 5 ADAS and Autonomous Driving Components Market Size, by Component Type, 2017-2028 ($Million)
Table 7.1: Global ADAS and Autonomous Passenger Cars Components Market Size, by Component Type, 2017-2028 ($Million)
Table 7.2: Global ADAS and Autonomous Commercial Vehicles Component Market Size by Component Type, 2017-2028 ($Million)
Table 8.1: Global ADAS and Autonomous Driving Component Market Size, by Geography, 2017-2028 ($Million)
Table 8.2: North America: ADAS and Autonomous Driving Components Market Size, by Country, 2017-2028 ($Million)
Table 8.3: Europe: ADAS and Autonomous Driving Components Market by Country, 2017-2028 ($Million)
Table 8.4: APAC: ADAS and Autonomous Driving Components Market, by Country, 2017-2028 ($Million)
List of Figures
Figure 1: Global Autonomous Passenger Car Volume, 2017-2028 (Level 1 to Level 5)
Figure 2: Global ADAS and Autonomous Driving Component Market Snapshot
Figure 3: Global ADAS and Autonomous Driving Component Market Size, by Component Type, 2017 & 2028 ($Million)
Figure 4: Global ADAS and Autonomous Driving Component Market Size, by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5: Global ADAS and Autonomous Driving Component Market Size, by Vehicle Type, 2017 & 2028 ($Million)
Figure 6: Global ADAS and Autonomous Driving Component Market Size, by Geography, 2017 & 2028 ($Million).
Figure 1.1: Application of Autonomous Vehicles
Figure 1.2: Ecosystem: ADAS and Autonomous Driving Component
Figure 1.3: ADAS Features
Figure 1.4: Level of Autonomy: Autonomous Vehicle
Figure 1.5: Investment by Major OEMs
Figure 1.6: Investment by Major Tier 1 Component Providers and Autonomous Driving Technology Providers
Figure 2.1 Global ADAS and Autonomous Driving Component Market Dynamics
Figure 2.2: Number of Fatalities by Road Accident in Europe (2011-2017)
Figure 2.3: Number of Autonomous Commercial Vehicle, 2017-2028 (Thousand Units)
Figure 2.4: Number of Level 4 and Level 5 Autonomous Vehicle, 2020-2028 (Thousand Units).
Figure 2.5: Factors for Semi-Conductor Companies in Automotive Industry
Figure 3.1: Organic & Inorganic Strategies Adopted by the Key Players
Figure 3.2: Share of Key Market Strategies & Developments
Figure 3.3: Product Launches and Developments, by Companies
Figure 3.4: Business Expansion, by Companies
Figure 3.5: Partnerships/Collaborations/Joint Ventures, by Companies
Figure 3.6: Mergers and Acquisitions, by Companies
Figure 3.7: Awards and Achievements, by Companies
Figure 3.8: Value Chain Analysis of ADAS and Autonomous Driving Components Market
Figure 3.9: Supply Chain Analysis: ADAS and Autonomous Driving Component
Figure 3.10: Camera: Supply Chain Analysis
Figure 3.11: Supply Chain Analysis: Radar
Figure 3.12: Supply Chain Analysis: Ultrasonic Sensors
Figure 3.13: Supply Chain Analysis: LiDAR
Figure 3.14: Supply Chain Analysis: ECU
Figure 3.15: Market Share Analysis, 2017
Figure 3.16: Patent Landscape: ADAS and Autonomous Driving Component
Figure 3.17: Patent Landscape: ADAS and Autonomous Driving Radar
Figure 3.18: Patent Landscape: ADAS and Autonomous Driving Ultrasonic Sensors
Figure 3.19: Patent Landscape: ADAS and Autonomous Driving Image Sensors
Figure 3.20: Patent Landscape: ADAS and Autonomous Driving ECU
Figure 3.21: Patent Landscape: ADAS and Autonomous Driving LiDAR
Figure 3.22: Average Selling Price Comparison of ADAS and Autonomous Driving Component
Figure 3.23: Analog Device, Inc: R&D Investment, 2015-2017 ($Million)
Figure 3.24: ZF Friedrichshafen: R&D Investment, 2015-2017 ($Billion)
Figure 3.25: Valeo: R&D Investment, 2015-2017 ($Million)
Figure 3.26: Texas Instruments: R&D Investment, 2015-2017 ($Billion)
Figure 3.27: Robert Bosch GmbH: R&D Investment, 2015-2017 ($Billion)
Figure 3.28: NXP Semiconductors: R&D Investment, 2015-2017 ($Million)
Figure 3.29: Autoliv Inc.: R&D Investment, 2015-2017 ($Million)
Figure 5.1: Global ADAS and Autonomous Driving Components Market, by Component Type
Figure 5.2: Global ADAS and Autonomous Driving Components Market Size by Component Type, 2017 & 2028 ($Million)
Figure 5.3: Global ADAS and Autonomous Driving Camera Market Size, 2017-2028 ($Million)
Figure 5.4: Global ADAS and Autonomous Driving Camera Market Size by Level of Autonomy ,2017 & 2028 ($Million)
Figure 5.5: Global ADAS and Autonomous Driving Camera Market Size by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.6: Regional Snapshot: Global ADAS and Autonomous Driving Camera Market Size, 2017 & 2028 ($Million)
Figure 5.7: Camera Type
Figure 5.8: Global ADAS and Autonomous Driving Radar Market Size, 2017-2028 ($Million)
Figure 5.9: Global ADAS and Autonomous Driving Radar Market Size by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5.10: Global ADAS and Autonomous Driving Radar Market Size, by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.11: Region Snapshot: Global ADAS and Autonomous Driving Radar Market Size, 2017 & 2028 ($Million)
Figure 5.12: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, 2017-2028 ($Million)
Figure 5.13: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5.14: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.15: Region Snapshot: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, 2017 & 2028 ($Million)
Figure 5.16: Automotive LiDAR Type
Figure 5.17: Global ADAS and Autonomous Driving LiDAR Market Size, 2017-2028 ($Million)
Figure 5.18: Comparison: Mechanical LiDAR vs Solid State LiDAR
Figure 5.19: Global ADAS and Autonomous Driving Mechanical LiDAR Market Size, 2017-2028 ($Million)
Figure 5.20: Benefits of Solid State LiDAR
Figure 5.21: Global ADAS and Autonomous Driving Solid State LiDAR Market Size, 2017-2028 ($Million)
Figure 5.22: Global ADAS and Autonomous Driving LiDAR Market Size by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5.23: Global ADAS and Autonomous Driving LiDAR Market Size by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.24: Region Snapshot: Global ADAS and Autonomous Driving LiDAR Market Size, 2017 & 2028 ($Million)
Figure 5 25: Global ADAS and Autonomous Driving ECU Market Size, 2017-2028 ($Billion)
Figure 5.26: Global ADAS and Autonomous Driving ECU Market Size by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5.27: Global ADAS and Autonomous Driving ECU Market Size by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.28: Region Snapshot: Global ADAS and Autonomous Driving ECU Market Size, 2017 & 2028 ($Million)
Figure 6.1: Global ADAS and Autonomous Driving Market: Different Level of Automation
Figure 6.2: Global ADAS and Autonomous Driving Components Market Size, by Level of Autonomy, 2020 & 2028 ($Million)
Figure 6.3: Key Technologies: Level 2 (Partial Automation) Automation
Figure 6.4: Key Technologies: Level 3 (Conditional Automation) Systems
Figure 6.5: Key Technologies: Level 4 (High Automation)
Figure 7.1: Global ADAS and Autonomous Driving Components Market Size, by Vehicle Type, 2017 & 2028 ($Million)
Figure 7.2: Global ADAS and Autonomous Driving Components Market Size for Passenger Cars, 2017-2028 ($Billion)
Figure 7.3: Global ADAS and Autonomous Commercial Vehicles Component Market Size, 2017-2028 ($Million)
Figure 7.4: Global ADAS and Autonomous Heavy Trucks Components Market Size, by Component Type, 2017-2028 ($Million)
Figure 7.5: Global ADAS and Autonomous Heavy Buses Components Market Size, by Component Type, 2017-2028 ($Million)
Figure 8.1: Global ADAS and Autonomous Driving Component Size by Geography, 2017 & 2028 ($Million)
Figure 8.2: North America ADAS and Autonomous Driving Component Market Size, 2017-2028 ($Billion)
Figure 8.3: North America: ADAS and Autonomous Driving Components Market by Component, 2017 & 2028 ($Million)
Figure 8.4: North America: ADAS and Autonomous Driving Components Market Size, by Level, 2017 & 2028 ($Million)
Figure 8.5: North America: ADAS and Autonomous Driving Components Market by Country, 2017 ($Million)
Figure 8.6: The U.S: ADAS and Autonomous Driving Components Market Size, 2018-2028 ($Billion)
Figure 8.7: Canada: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8. 8 : Europe: ADAS and Autonomous Driving Components Market, by Component, 2017 & 2028 ($Million)
Figure 8.9: Europe: ADAS and Autonomous Driving Components Market, by Level of Autonomy, 2017 & 2028 ($Million)
Figure 8.10: Europe: ADAS and Autonomous Driving Components Market, by Country, 2017 ($Million)
Figure 8.11: Germany: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.12: The U.K: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.13: France: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.14: APAC: ADAS and Autonomous Driving Components Market, by Component, 2017 & 2028 ($Million)
Figure 8.15: APAC: ADAS and Autonomous Driving Components Market, by Level, 2017 & 2028 ($Million)
Figure 8.16: Europe: ADAS and Autonomous Driving Components Market by Country, 2017 ($Million)
Figure 8.17: China: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.18: Japan: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.19: South Korea: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.20: RoW: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.21: Middle East & Africa: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.22: Latin America: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 9.1 Share of Key Company Profiles
Figure 9.2: Analog Device Inc.: Product Offerings
Figure 9.3: Analog Device Inc.: Overall Financials, 2015-2017 ($Million)
Figure 9.4: Analog Device Inc.: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.5: Analog Device Inc.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.6: Analog Device Inc.: SWOT Analysis
Figure 9.7: Aptiv.: Product Offerings
Figure 9.8: Aptiv.: Overall Financials, 2015-2017 ($Billion)
Figure 9.9: Aptiv.: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.10: Aptiv.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.11: Aptiv.: SWOT Analysis
Figure 9.12: Autoliv Inc.: Product Offerings
Figure 9.13: Autoliv Inc.: Overall Financials, 2015-2017 ($Million)
Figure 9.14: Autoliv Inc.: Net Revenue (by Region), 2015-2017 ($Billion)
Figure 9.15: Autoliv Inc.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.16: Autoliv Inc.: SWOT Analysis
Figure 9.17: Continental AG: Product Offerings
Figure 9.18: Continental AG: Overall Financials, 2015-2017 ($Billion)
Figure 9.19: Continental AG: Net Revenue (by Region), 2015-2017 ($Billion)
Figure 9.20: Continental AG: Net Revenue (by Business Segment), 2015-2017 ($Billion)
Figure 9.21: Continental AG: SWOT Analysis
Figure 9.22: DENSO: Product Offerings
Figure 9.23: DENSO: Overall Financials, 2015-2017 ($Billion)
Figure 9.24: DENSO: Net Revenue (by Region), 2015-2017 ($Billion)
Figure 9.25: DENSO: Net Revenue (by Business Segment), 2015-2017 ($Billion)
Figure 9.26: DENSO: SWOT Analysis
Figure 9.27: Ibeo Automotive Systems GmbH: Product Offerings
Figure 9.28: Ibeo Automotive Systems GmbH: SWOT Analysis
Figure 9.29: Infineon Technologies AG: Product Offerings
Figure 9.30: Infineon Technologies AG: Overall Financials, 2015-2017 ($Million)
Figure 9.31: Infineon Technologies AG: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.32: Infineon Technologies AG: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.33: Infineon Technologies AG: SWOT Analysis
Figure 9.34: Intel Corporation: Product Offerings
Figure 9.35: Intel Corporation: Overall Financials, 2015-2017 ($Billion)
Figure 9.36: Intel Corporation: Net Revenue (by Region), 2015-2017 ($Billion)
Figure 9.37: Intel Corporation: Net Revenue (by Business Segment), 2015-2017 ($Billion)
Figure 9.38: Intel Corporation: SWOT Analysis
Figure 9.39: LeddarTech Inc.: Product Offerings
Figure 9.40: LeddarTech Inc.: SWOT Analysis
Figure 9.41: Magna International Inc.: Product Offerings
Figure 9.42: Magna International Inc.: Overall Financials, 2015-2017 ($Million)
Figure 9.43: Magna International Inc.: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.44: Magna International Inc.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.45: Magna International Inc.: SWOT Analysis
Figure 9.46: Murata Manufacturing Co., Ltd.: Product Offerings
Figure 9.47: Murata Manufacturing Co., Ltd.: Overall Financials, 2015-2017 ($Billion)
Figure 9.48: Murata Manufacturing Co., Ltd.: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.49: Murata Manufacturing Co., Ltd.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.50: Murata Manufacturing Co., Ltd.: SWOT Analysis
Figure 9.51: Quanergy Systems Inc.: Product Offerings
Figure 9.52: Quanergy Systems Inc.: SWOT Analysis
Figure 9.53: NXP Semiconductors: Product Offerings
Figure 9.54: NXP Semiconductors: Overall Financials, 2015-2017 ($Million)
Figure 9.55: NXP Semiconductors: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.56: NXP Semiconductors: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.57: NXP Semiconductors: SWOT Analysis
Figure 9.58: Robert Bosch GmbH: Product Offerings
Figure 9.59: Robert Bosch GmbH: Overall Financials, 2015-2017 ($Million)
Figure 9.60: Robert Bosch GmbH: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.61: Robert Bosch GmbH: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.62: Robert Bosch GmbH: SWOT Analysis
Figure 9.63: Texas Instruments Incorporated: Product Offerings
Figure 9.64: Texas Instruments Incorporated: Overall Financials, 2015-2017 ($Million)
Figure 9.65: Texas Instruments Incorporated: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.66: Texas Instruments Incorporated: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.67: Texas Instruments Incorporated: SWOT Analysis
Figure 9.68: Valeo Group: Product Offerings
Figure 9.69: Valeo Group: Overall Financials, 2015-2017 ($Million)
Figure 9.70: Valeo Group: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.71: Valeo Group: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.72: Valeo Group: SWOT Analysis
Figure 9.73: Velodyne LiDAR, Inc.: Product Offerings
Figure 9.74: Velodyne LiDAR, Inc.: SWOT Analysis
Figure 9.75: ZF Friedrichshafen AG: Product Offerings
Figure 9.76: ZF Friedrichshafen AG.: Overall Financials, 2015-2017 ($Million)
Figure 9.77: ZF Friedrichshafen AG: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.78: ZF Friedrichshafen AG: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.79: ZF Friedrichshafen AG: SWOT Analysis
Figure 10.1: Global ADAS and Autonomous Driving Component Market Scope
Figure 10.2: Top Down and Bottom Up Approach
Figure 10.3: ADAS and autonomous driving component Market Influencing Factors
Figure 10.4: Assumptions and limitations
The automotive industry is in the process of constant evolution since its origin in the nineteenth century. The increasing number of on-road vehicles provide immense number of opportunities as well as also leads to complications for safer and more secure movement of goods and passengers. Currently, there have been many technological advancements in the automotive industry, which in turn, is expected to further advance the concept of vehicle safety on public roads. Rising number of road accidents have resulted in increased regulations by federal authorities with regard to the safety of both, the passengers and the pedestrians. These guidelines have led to a rise in the demand for the driver assistance feature in the automotive industry. In addition to this, constantly changing consumer preferences towards better driving experience and driver assist applications has boosted the demand for ADAS and connected vehicle systems, in the automotive industry. A visible surge can be witnessed in the number of vehicles with automated features such as adaptive cruise control, parking assistance, lane departure warning, traffic jam assist, automated emergency braking, and blind spot detection. These automated features when combined with telematics and connected car features will lead to the development of fully autonomous or human independent vehicles.
The ADAS and autonomous driving components market is also proportionally relative to the development of the autonomous vehicles. The need for safety, rising demand for luxury cars as a result of the increasing disposable income in the developing countries, and stringent government regulations have influenced the autonomous vehicle market to substantially enhance its sales, which has subsequently propelled the growth of its components.
Figure 1
Global ADAS and Autonomous Vehicle Component Market, 2018-2028
The ADAS and autonomous driving component market is anticipated to grow at a CAGR of 22.31% during the forecast period 2018-2028.The ADAS and autonomous driving component market is driven by several factors such as growing emphasis towards road safety, rapidly increasing number of automated vehicles, reduction in road congestion, and growing demand for LiDAR sensors. However, factors such as high price of ADAS and autonomous driving components, high risks associated with autonomous components, and security concerns toward vehicle’s data hampers the market growth. Moreover, factors such as increasing adoption of autonomous components among different levels of automation, high anticipated growth rate for component manufacturers, and high potential growth for semi-conductor companies in the automotive industry is anticipated to create numerous opportunities for the market growth.
The automotive industry has grown organically and is on a transitional shift from traditional mechanism to autonomous driving, which boosts the demand of components such as camera, ultrasonic sensors, radar, LiDAR, and ECU. ECU dominated the global ADAS and autonomous driving component market and contributed a major share of the total market in 2017 and is expected to continue its dominance throughout the forecast period. This is mainly due to the higher cost of ECU as compared to other components such as camera, ultrasonic sensors, radar, and LiDAR. Additionally, growing number of sensors and electronic components is anticipated to boost the demand for ECU. Owing to the critical nature of autonomous systems and need of development for effective sensors, automotive industry witnessed the introduction of LiDARs. It offers a greater range, wide field of view and improved accuracy to spot the obstacles when compared to other object sensing components such as camera, radars, and ultrasonic sensors. Therefore, LiDAR market is expected to grow at a fastest rate during the forecast period in comparison to the other components of ADAS and autonomous driving component.
Depending upon the levels of automation- Level 1 dominated the global ADAS and autonomous driving component market and contributed a majority share of the total market in 2017 and is expected to continue its dominance throughout the forecast period. This is mainly due to higher penetration of ADAS features in passenger vehicles such as adaptive cruise control, glare-free high beam and pixel light, adaptive light control, and automatic parking, among others. Market for level 4 and level 5 components is comparatively new as compared to the other levels of automation. However, the expected increase in the number of level 4 and level 5 prototypes and commencement of level 4 and level 5 automated vehicles in the future years is anticipated to increase the components market at a rapid growth rate.
ADAS and autonomous driving components are integrated with passenger cars and commercial vehicles. The passenger car segment was estimated to be the largest contributor to the overall market revenue in 2017. High production rate and registration of high-end passenger cars in comparison to commercial vehicles also forms an important factor for generating high market revenue. Also, integration of large number of autonomous system in passenger cars, as compared to commercial vehicles boosts the market growth. Additionally, passenger car segment is expected to grow at the fastest rate during the forecast period. The major factors such as the growing sales of level 1 and level 2 passenger cars, especially in the emerging countries, increasing disposable income, and technological advancements in ADAS and autonomous driving industry boost the overall market for passenger cars. The market for commercial vehicles is expected to increase at a rapid pace, due to the focus of federal organizations such as European Commission, Ministry of Land, Infrastructure, Transport and Tourism (MLIT) on decreasing road accidents and mandating ADAS features in commercial vehicles.
Geographically, North America accounted for the highest market share in the year 2017, owing to rise in luxury vehicle sales and increasing testing of level 4 and level 5 autonomous vehicles. Factors such as initiatives made by the federal bodies to increase road safety standards, high demand for automated cars, and increased manufacturing activities in the U.S. and Canada are expected to propel the growth of the autonomous vehicle market in the region. Thus, this increase in autonomous vehicle will boost the ADAS and autonomous driving components market in North America. Additionally, increasing number of high-end passenger cars (ADAS vehicles) such as BMW, Audi, Mercedes Benz, and Volvo among others is expected to boost the market growth. The ADAS and autonomous driving component market in the APAC is expected to grow at a faster rate in comparison to Europe and North America between 2018 and 2023. Factors such as the growing automotive industry, rising disposable income, and increasing manufacturing facilities are some of the factors contributing to the growth of the market in the APAC region. Additionally, factors such as stringent government rules and regulations for road safety boost the market growth.
The global ADAS and autonomous driving component market has witnessed several strategic and technological developments in the past few years, undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the initiatives taken by players in component market include new product launches, precise and secure systems, pricing strategies, acquisitions of small-scale start-ups and emerging players, and formation of partnerships among the major players of the automotive components industry.
The key players in the global ADAS and autonomous driving component market are Autoliv Inc., Continental AG, Aptiv PLC, DENSO Corporation, Magna International Inc, Murata Manufacturing Co. Ltd, Quanergy Systems Inc, Robert Bosch GmbH, Valeo, Velodyne Lidar, and ZF Friedrichshafen AG, among others.
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The automotive industry is in the process of constant evolution since its origin in the nineteenth century. The increasing number of on-road vehicles provide immense number of opportunities as well as also leads to complications for safer and more secure movement of goods and passengers. In the recent times, there have been many technological advancements in the automotive industry, which in turn, is expected to further advance the concept of vehicle safety on public roads. The dynamic evolution of the automobile industry is attributed primarily to the changing consumer preferences, growing focus towards driver safety, environmental concerns, and stringent government regulations which are focusing towards crash avoidance rather than crash survival. In the past years, automobiles have undergone rapid technological advancements in terms of vehicle performance, passenger safety, communication capabilities, and driving comfort. These improvements have led to a surge in the number of on-road vehicles, thus raising the need for the safer movement of automobiles. These goals of automakers are profoundly supported by several federal authorities such as “National Highway Traffic Safety Administration” (NHTSA), “European Commission” (EC), and “Ministry of Land, Infrastructure, Transport and Tourism” (MLIT), among others. This is expected to advance the vehicle safety on public roads with an early integration of advanced driver assist systems (ADAS) in automobiles. Considering ADAS as the founding stone, automakers are expected to advance to semi-autonomous vehicles and ultimately, towards fully-autonomous vehicles.
The ADAS and autonomous driving components market is also proportionally relative to the development of the autonomous vehicles. The need for safety, rising demand for luxury cars as a result of the increasing disposable income of the developing countries, and stringent government regulations have influenced the autonomous vehicle market to substantially enhance its sales, which has subsequently propelled the growth of its components.
The ADAS and autonomous driving component market is anticipated to grow at a significant rate during the forecast period 2018-2028. The growth is attributed to the rise in demand of autonomous driving solution for passenger cars such as auto pilot, lane departure system, and blind spot detection, among others, along with growing emphasis toward road safety, rapidly increasing number of automated vehicles, reduction in road congestion, and growing demand for safety sensors.
North America dominated the global ADAS and autonomous components market with a prominent share in the year 2017. Factors such as initiatives made by the federal bodies to increase road safety standards, high demand for automated cars, and increased manufacturing activities in the U.S. and Canada are expected to propel the growth of the autonomous vehicle market in the region. Thus, this increase in autonomous vehicle will boost the ADAS and autonomous driving components market in North America. Additionally, increasing number of high-end passenger cars (ADAS vehicles) such as BMW, Audi, Mercedes Benz, and Volvo among others is expected to boost the market growth. The ADAS and autonomous driving component market in the APAC is expected to grow at a faster rate in comparison to Europe and North America between 2018 and 2023. Factors such as the growing automotive industry, rising disposable income, and increasing manufacturing facilities are some of the factors contributing to the growth of the market in the APAC region. Additionally, factors such as stringent government rules and regulations for road safety boost the market growth.
The key players in the global ADAS and autonomous driving component market are Autoliv Inc., Continental AG, Aptiv PLC, DENSO Corporation, Magna International Inc, Murata Manufacturing Co. Ltd, Quanergy Systems Inc, Robert Bosch GmbH, Valeo, Velodyne Lidar, and ZF Friedrichshafen AG, among others. These companies adopt different strategies such as business expansions, product launches, and product developments, among others in order to enhance its market share and to increase its geographical foothold.
This report is a meticulous compilation of research on different segments of approximately 150 players in the ADAS and autonomous driving component market including market breakdown by component type, vehicle type, level of autonomy, and geography. The report further takes into consideration the market dynamics and the competitive landscape. Moreover, it draws upon insights from in-depth interviews of key opinion leaders of more than 25 leading companies, market participants, and vendors. The report also profiles around 18 companies which are key contributors in the market, including Analog Device, Inc, Infineon Technologies AG, Intel Corporation, NXP Semiconductors, Texas Instruments Incorporated Continental AG, Ibeo Automotive Systems GmbH, Robert Bosch GmbH, Denso Corporation, LeddarTech, Quanergy Systems, and Velodyne LiDAR, Aptiv, Autoliv, Inc., Magna International Inc., Murata Manufacturing Co., Ltd, Valeo, and ZF Friedrichshafen AG.
• What is ADAS and autonomous driving?
• How big is the ADAS and autonomous driving component market in terms of revenue and what is the CAGR (2018-2028)?
• What is the revenue generated by the different levels of autonomy such as level 1, level 2, level 3, level 4, and level 5?
• What is the revenue generated by the different vehicle types such as passenger cars and commercial vehicle?
• What is the revenue generated by the different ADAS and autonomous driving component such as camera, ultrasonic sensors, radar, LiDAR, and ECU?
• What is the revenue generated by the different regions such as North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW)?
• Which are the key companies operating in the ADAS and autonomous driving component market?
• Which global factors would impact the ADAS and autonomous driving component market?
• What are the key market strategies adopted by the ADAS and autonomous driving component market players?
List of Tables
Table 1.1: Current Laws and Regulatory Bodies Related to Autonomous Vehicles by Country
Table 1.2: Current: Laws and Regulatory Bodies Related to Testing or Experimentation of Autonomous Vehicles by Country
Table 1.3: Regulatory Agencies for Driverless Vehicle
Table 2.1: Impact of Market Drivers
Table 2.2: Impact of Market Challenges
Table 3.1: Overview of Optical Phased Array LiDAR System
Table 3.2: Overview of Omnidirectional LiDAR system
Table 3.3: Overview of Traffic Side Detection
Table 3.4: Overview of High Definition LiDAR System
Table 3.5: Overview of Localization of Vehicle with two LiDAR
Table 3.6: Overview of Vertical Alignment of LiDAR Sensor
Table 3.7: Overview of Detection and Ranging methods
Table 3.8: Overview of Low Cost and Small Size LiDAR
Table 3.9: Overview of Roll Stability Control System
Table 3.10: Overview of SOI-Based Opto-Electronic Compounds
Table 3.11: Overview of a Single-Photon Detector
Table 3.12: Overview of Traffic Scanning LiDAR
Table 3.13: Overview of First Warning System for Automotive Vehicles
Table 3.14: Overview of Automatic Driving Route Planning Application
Table 3.15: Overview of Driver Assistance System for Displaying Surroundings of a Vehicle
Table 3.16: Overview of All-Weather Autonomously Driven Vehicles
Table 3.17: Overview of Consideration of Risks in Active Sensing for an Autonomous Vehicle
Table 3.18: Overview of Lane Assignments for Autonomous Vehicles
Table 3.19: Overview of Solid Object Detection System Using Laser and Radar Sensor Fusion
Table 3.20: Overview of Self-Driving Vehicle with Integrated Active Suspension
Table 3.21: Overview of Autonomous Vehicle Detection of and Response to Emergency Vehicles
Table 3.22: Overview of System and Method for Predicting Behaviours of Detected Objects
Table 3.23: Overview of Advanced Driver Assistance System Feature Performance Using Off-Vehicle Communications
Table 3.24: Overview of Mode Transition for an Autonomous Vehicle
Table 3.25: Overview of Steering Wheels for Vehicle Control in Manual and Autonomous Driving
Table 3.26: Overview of Autonomous Driving Vehicle
Table 3.27 Overview of Method and System for Vehicle ESC System Using Map Data
Table 3.28: Overview of Control and Systems for Autonomously Driven Vehicles
Table 4.1 Global ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Table 5.1 Comparison of Features: LiDAR, Radar and Cameras
Table 5.2: Global ADAS and Autonomous Driving Camera Market Size by Region, 2017-2028 ($Million)
Table 5.3: Global ADAS and Autonomous Driving Camera Market Size, by Type, 2017-2028 ($Million)
Table 5.4: Radar Application, Detection Range, and Operating Frequency
Table 5.5: Global ADAS and Autonomous Driving Radar Market Size, by Type, 2017-2028 ($Million)
Table 5.5: Global ADAS and Autonomous Driving Radar Market Size, by Region, 2017-2028 ($Million)
Table 5.6: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, by Region, 2017-2028 ($Million)
Table 5.7: Global ADAS and Autonomous Driving LiDAR Market Size, by Type, 2017-2028 ($Million)
Table 5.8: Global ADAS and Autonomous Driving LiDAR Market Size, by Region, 2017-2028 ($Million)
Table 5.9: Global ADAS and Autonomous Driving ECU Market Size, by Region, 2017-2028 ($Million)
Table 6.1: Global Level 1 ADAS and Autonomous Driving Components Market Size, by Component Type, 2017-2028 ($Million)
Table 6.2: Global Level 2 ADAS and Autonomous Driving Components Market Size, by Component Type, 2017-2028, ($Million)
Table 6.3: Global Level 3 ADAS and Autonomous Driving Components Market Size, by Component Type, 2017-2028 ($Million)
Table 6.4: Global Level 4 ADAS and Autonomous Driving Components Market, by Component Type, 2017-2028 ($Million)
Table 6.5: Global Level 5 ADAS and Autonomous Driving Components Market Size, by Component Type, 2017-2028 ($Million)
Table 7.1: Global ADAS and Autonomous Passenger Cars Components Market Size, by Component Type, 2017-2028 ($Million)
Table 7.2: Global ADAS and Autonomous Commercial Vehicles Component Market Size by Component Type, 2017-2028 ($Million)
Table 8.1: Global ADAS and Autonomous Driving Component Market Size, by Geography, 2017-2028 ($Million)
Table 8.2: North America: ADAS and Autonomous Driving Components Market Size, by Country, 2017-2028 ($Million)
Table 8.3: Europe: ADAS and Autonomous Driving Components Market by Country, 2017-2028 ($Million)
Table 8.4: APAC: ADAS and Autonomous Driving Components Market, by Country, 2017-2028 ($Million)
List of Figures
Figure 1: Global Autonomous Passenger Car Volume, 2017-2028 (Level 1 to Level 5)
Figure 2: Global ADAS and Autonomous Driving Component Market Snapshot
Figure 3: Global ADAS and Autonomous Driving Component Market Size, by Component Type, 2017 & 2028 ($Million)
Figure 4: Global ADAS and Autonomous Driving Component Market Size, by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5: Global ADAS and Autonomous Driving Component Market Size, by Vehicle Type, 2017 & 2028 ($Million)
Figure 6: Global ADAS and Autonomous Driving Component Market Size, by Geography, 2017 & 2028 ($Million).
Figure 1.1: Application of Autonomous Vehicles
Figure 1.2: Ecosystem: ADAS and Autonomous Driving Component
Figure 1.3: ADAS Features
Figure 1.4: Level of Autonomy: Autonomous Vehicle
Figure 1.5: Investment by Major OEMs
Figure 1.6: Investment by Major Tier 1 Component Providers and Autonomous Driving Technology Providers
Figure 2.1 Global ADAS and Autonomous Driving Component Market Dynamics
Figure 2.2: Number of Fatalities by Road Accident in Europe (2011-2017)
Figure 2.3: Number of Autonomous Commercial Vehicle, 2017-2028 (Thousand Units)
Figure 2.4: Number of Level 4 and Level 5 Autonomous Vehicle, 2020-2028 (Thousand Units).
Figure 2.5: Factors for Semi-Conductor Companies in Automotive Industry
Figure 3.1: Organic & Inorganic Strategies Adopted by the Key Players
Figure 3.2: Share of Key Market Strategies & Developments
Figure 3.3: Product Launches and Developments, by Companies
Figure 3.4: Business Expansion, by Companies
Figure 3.5: Partnerships/Collaborations/Joint Ventures, by Companies
Figure 3.6: Mergers and Acquisitions, by Companies
Figure 3.7: Awards and Achievements, by Companies
Figure 3.8: Value Chain Analysis of ADAS and Autonomous Driving Components Market
Figure 3.9: Supply Chain Analysis: ADAS and Autonomous Driving Component
Figure 3.10: Camera: Supply Chain Analysis
Figure 3.11: Supply Chain Analysis: Radar
Figure 3.12: Supply Chain Analysis: Ultrasonic Sensors
Figure 3.13: Supply Chain Analysis: LiDAR
Figure 3.14: Supply Chain Analysis: ECU
Figure 3.15: Market Share Analysis, 2017
Figure 3.16: Patent Landscape: ADAS and Autonomous Driving Component
Figure 3.17: Patent Landscape: ADAS and Autonomous Driving Radar
Figure 3.18: Patent Landscape: ADAS and Autonomous Driving Ultrasonic Sensors
Figure 3.19: Patent Landscape: ADAS and Autonomous Driving Image Sensors
Figure 3.20: Patent Landscape: ADAS and Autonomous Driving ECU
Figure 3.21: Patent Landscape: ADAS and Autonomous Driving LiDAR
Figure 3.22: Average Selling Price Comparison of ADAS and Autonomous Driving Component
Figure 3.23: Analog Device, Inc: R&D Investment, 2015-2017 ($Million)
Figure 3.24: ZF Friedrichshafen: R&D Investment, 2015-2017 ($Billion)
Figure 3.25: Valeo: R&D Investment, 2015-2017 ($Million)
Figure 3.26: Texas Instruments: R&D Investment, 2015-2017 ($Billion)
Figure 3.27: Robert Bosch GmbH: R&D Investment, 2015-2017 ($Billion)
Figure 3.28: NXP Semiconductors: R&D Investment, 2015-2017 ($Million)
Figure 3.29: Autoliv Inc.: R&D Investment, 2015-2017 ($Million)
Figure 5.1: Global ADAS and Autonomous Driving Components Market, by Component Type
Figure 5.2: Global ADAS and Autonomous Driving Components Market Size by Component Type, 2017 & 2028 ($Million)
Figure 5.3: Global ADAS and Autonomous Driving Camera Market Size, 2017-2028 ($Million)
Figure 5.4: Global ADAS and Autonomous Driving Camera Market Size by Level of Autonomy ,2017 & 2028 ($Million)
Figure 5.5: Global ADAS and Autonomous Driving Camera Market Size by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.6: Regional Snapshot: Global ADAS and Autonomous Driving Camera Market Size, 2017 & 2028 ($Million)
Figure 5.7: Camera Type
Figure 5.8: Global ADAS and Autonomous Driving Radar Market Size, 2017-2028 ($Million)
Figure 5.9: Global ADAS and Autonomous Driving Radar Market Size by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5.10: Global ADAS and Autonomous Driving Radar Market Size, by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.11: Region Snapshot: Global ADAS and Autonomous Driving Radar Market Size, 2017 & 2028 ($Million)
Figure 5.12: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, 2017-2028 ($Million)
Figure 5.13: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5.14: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.15: Region Snapshot: Global ADAS and Autonomous Driving Ultrasonic Sensors Market Size, 2017 & 2028 ($Million)
Figure 5.16: Automotive LiDAR Type
Figure 5.17: Global ADAS and Autonomous Driving LiDAR Market Size, 2017-2028 ($Million)
Figure 5.18: Comparison: Mechanical LiDAR vs Solid State LiDAR
Figure 5.19: Global ADAS and Autonomous Driving Mechanical LiDAR Market Size, 2017-2028 ($Million)
Figure 5.20: Benefits of Solid State LiDAR
Figure 5.21: Global ADAS and Autonomous Driving Solid State LiDAR Market Size, 2017-2028 ($Million)
Figure 5.22: Global ADAS and Autonomous Driving LiDAR Market Size by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5.23: Global ADAS and Autonomous Driving LiDAR Market Size by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.24: Region Snapshot: Global ADAS and Autonomous Driving LiDAR Market Size, 2017 & 2028 ($Million)
Figure 5 25: Global ADAS and Autonomous Driving ECU Market Size, 2017-2028 ($Billion)
Figure 5.26: Global ADAS and Autonomous Driving ECU Market Size by Level of Autonomy, 2017 & 2028 ($Million)
Figure 5.27: Global ADAS and Autonomous Driving ECU Market Size by Vehicle Type, 2017 & 2028 ($Million)
Figure 5.28: Region Snapshot: Global ADAS and Autonomous Driving ECU Market Size, 2017 & 2028 ($Million)
Figure 6.1: Global ADAS and Autonomous Driving Market: Different Level of Automation
Figure 6.2: Global ADAS and Autonomous Driving Components Market Size, by Level of Autonomy, 2020 & 2028 ($Million)
Figure 6.3: Key Technologies: Level 2 (Partial Automation) Automation
Figure 6.4: Key Technologies: Level 3 (Conditional Automation) Systems
Figure 6.5: Key Technologies: Level 4 (High Automation)
Figure 7.1: Global ADAS and Autonomous Driving Components Market Size, by Vehicle Type, 2017 & 2028 ($Million)
Figure 7.2: Global ADAS and Autonomous Driving Components Market Size for Passenger Cars, 2017-2028 ($Billion)
Figure 7.3: Global ADAS and Autonomous Commercial Vehicles Component Market Size, 2017-2028 ($Million)
Figure 7.4: Global ADAS and Autonomous Heavy Trucks Components Market Size, by Component Type, 2017-2028 ($Million)
Figure 7.5: Global ADAS and Autonomous Heavy Buses Components Market Size, by Component Type, 2017-2028 ($Million)
Figure 8.1: Global ADAS and Autonomous Driving Component Size by Geography, 2017 & 2028 ($Million)
Figure 8.2: North America ADAS and Autonomous Driving Component Market Size, 2017-2028 ($Billion)
Figure 8.3: North America: ADAS and Autonomous Driving Components Market by Component, 2017 & 2028 ($Million)
Figure 8.4: North America: ADAS and Autonomous Driving Components Market Size, by Level, 2017 & 2028 ($Million)
Figure 8.5: North America: ADAS and Autonomous Driving Components Market by Country, 2017 ($Million)
Figure 8.6: The U.S: ADAS and Autonomous Driving Components Market Size, 2018-2028 ($Billion)
Figure 8.7: Canada: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8. 8 : Europe: ADAS and Autonomous Driving Components Market, by Component, 2017 & 2028 ($Million)
Figure 8.9: Europe: ADAS and Autonomous Driving Components Market, by Level of Autonomy, 2017 & 2028 ($Million)
Figure 8.10: Europe: ADAS and Autonomous Driving Components Market, by Country, 2017 ($Million)
Figure 8.11: Germany: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.12: The U.K: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.13: France: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.14: APAC: ADAS and Autonomous Driving Components Market, by Component, 2017 & 2028 ($Million)
Figure 8.15: APAC: ADAS and Autonomous Driving Components Market, by Level, 2017 & 2028 ($Million)
Figure 8.16: Europe: ADAS and Autonomous Driving Components Market by Country, 2017 ($Million)
Figure 8.17: China: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.18: Japan: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.19: South Korea: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.20: RoW: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.21: Middle East & Africa: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 8.22: Latin America: ADAS and Autonomous Driving Components Market Size, 2017-2028 ($Million)
Figure 9.1 Share of Key Company Profiles
Figure 9.2: Analog Device Inc.: Product Offerings
Figure 9.3: Analog Device Inc.: Overall Financials, 2015-2017 ($Million)
Figure 9.4: Analog Device Inc.: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.5: Analog Device Inc.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.6: Analog Device Inc.: SWOT Analysis
Figure 9.7: Aptiv.: Product Offerings
Figure 9.8: Aptiv.: Overall Financials, 2015-2017 ($Billion)
Figure 9.9: Aptiv.: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.10: Aptiv.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.11: Aptiv.: SWOT Analysis
Figure 9.12: Autoliv Inc.: Product Offerings
Figure 9.13: Autoliv Inc.: Overall Financials, 2015-2017 ($Million)
Figure 9.14: Autoliv Inc.: Net Revenue (by Region), 2015-2017 ($Billion)
Figure 9.15: Autoliv Inc.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.16: Autoliv Inc.: SWOT Analysis
Figure 9.17: Continental AG: Product Offerings
Figure 9.18: Continental AG: Overall Financials, 2015-2017 ($Billion)
Figure 9.19: Continental AG: Net Revenue (by Region), 2015-2017 ($Billion)
Figure 9.20: Continental AG: Net Revenue (by Business Segment), 2015-2017 ($Billion)
Figure 9.21: Continental AG: SWOT Analysis
Figure 9.22: DENSO: Product Offerings
Figure 9.23: DENSO: Overall Financials, 2015-2017 ($Billion)
Figure 9.24: DENSO: Net Revenue (by Region), 2015-2017 ($Billion)
Figure 9.25: DENSO: Net Revenue (by Business Segment), 2015-2017 ($Billion)
Figure 9.26: DENSO: SWOT Analysis
Figure 9.27: Ibeo Automotive Systems GmbH: Product Offerings
Figure 9.28: Ibeo Automotive Systems GmbH: SWOT Analysis
Figure 9.29: Infineon Technologies AG: Product Offerings
Figure 9.30: Infineon Technologies AG: Overall Financials, 2015-2017 ($Million)
Figure 9.31: Infineon Technologies AG: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.32: Infineon Technologies AG: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.33: Infineon Technologies AG: SWOT Analysis
Figure 9.34: Intel Corporation: Product Offerings
Figure 9.35: Intel Corporation: Overall Financials, 2015-2017 ($Billion)
Figure 9.36: Intel Corporation: Net Revenue (by Region), 2015-2017 ($Billion)
Figure 9.37: Intel Corporation: Net Revenue (by Business Segment), 2015-2017 ($Billion)
Figure 9.38: Intel Corporation: SWOT Analysis
Figure 9.39: LeddarTech Inc.: Product Offerings
Figure 9.40: LeddarTech Inc.: SWOT Analysis
Figure 9.41: Magna International Inc.: Product Offerings
Figure 9.42: Magna International Inc.: Overall Financials, 2015-2017 ($Million)
Figure 9.43: Magna International Inc.: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.44: Magna International Inc.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.45: Magna International Inc.: SWOT Analysis
Figure 9.46: Murata Manufacturing Co., Ltd.: Product Offerings
Figure 9.47: Murata Manufacturing Co., Ltd.: Overall Financials, 2015-2017 ($Billion)
Figure 9.48: Murata Manufacturing Co., Ltd.: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.49: Murata Manufacturing Co., Ltd.: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.50: Murata Manufacturing Co., Ltd.: SWOT Analysis
Figure 9.51: Quanergy Systems Inc.: Product Offerings
Figure 9.52: Quanergy Systems Inc.: SWOT Analysis
Figure 9.53: NXP Semiconductors: Product Offerings
Figure 9.54: NXP Semiconductors: Overall Financials, 2015-2017 ($Million)
Figure 9.55: NXP Semiconductors: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.56: NXP Semiconductors: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.57: NXP Semiconductors: SWOT Analysis
Figure 9.58: Robert Bosch GmbH: Product Offerings
Figure 9.59: Robert Bosch GmbH: Overall Financials, 2015-2017 ($Million)
Figure 9.60: Robert Bosch GmbH: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.61: Robert Bosch GmbH: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.62: Robert Bosch GmbH: SWOT Analysis
Figure 9.63: Texas Instruments Incorporated: Product Offerings
Figure 9.64: Texas Instruments Incorporated: Overall Financials, 2015-2017 ($Million)
Figure 9.65: Texas Instruments Incorporated: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.66: Texas Instruments Incorporated: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.67: Texas Instruments Incorporated: SWOT Analysis
Figure 9.68: Valeo Group: Product Offerings
Figure 9.69: Valeo Group: Overall Financials, 2015-2017 ($Million)
Figure 9.70: Valeo Group: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.71: Valeo Group: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.72: Valeo Group: SWOT Analysis
Figure 9.73: Velodyne LiDAR, Inc.: Product Offerings
Figure 9.74: Velodyne LiDAR, Inc.: SWOT Analysis
Figure 9.75: ZF Friedrichshafen AG: Product Offerings
Figure 9.76: ZF Friedrichshafen AG.: Overall Financials, 2015-2017 ($Million)
Figure 9.77: ZF Friedrichshafen AG: Net Revenue (by Region), 2015-2017 ($Million)
Figure 9.78: ZF Friedrichshafen AG: Net Revenue (by Business Segment), 2015-2017 ($Million)
Figure 9.79: ZF Friedrichshafen AG: SWOT Analysis
Figure 10.1: Global ADAS and Autonomous Driving Component Market Scope
Figure 10.2: Top Down and Bottom Up Approach
Figure 10.3: ADAS and autonomous driving component Market Influencing Factors
Figure 10.4: Assumptions and limitations
The automotive industry is in the process of constant evolution since its origin in the nineteenth century. The increasing number of on-road vehicles provide immense number of opportunities as well as also leads to complications for safer and more secure movement of goods and passengers. Currently, there have been many technological advancements in the automotive industry, which in turn, is expected to further advance the concept of vehicle safety on public roads. Rising number of road accidents have resulted in increased regulations by federal authorities with regard to the safety of both, the passengers and the pedestrians. These guidelines have led to a rise in the demand for the driver assistance feature in the automotive industry. In addition to this, constantly changing consumer preferences towards better driving experience and driver assist applications has boosted the demand for ADAS and connected vehicle systems, in the automotive industry. A visible surge can be witnessed in the number of vehicles with automated features such as adaptive cruise control, parking assistance, lane departure warning, traffic jam assist, automated emergency braking, and blind spot detection. These automated features when combined with telematics and connected car features will lead to the development of fully autonomous or human independent vehicles.
The ADAS and autonomous driving components market is also proportionally relative to the development of the autonomous vehicles. The need for safety, rising demand for luxury cars as a result of the increasing disposable income in the developing countries, and stringent government regulations have influenced the autonomous vehicle market to substantially enhance its sales, which has subsequently propelled the growth of its components.
Figure 1
Global ADAS and Autonomous Vehicle Component Market, 2018-2028
The ADAS and autonomous driving component market is anticipated to grow at a CAGR of 22.31% during the forecast period 2018-2028.The ADAS and autonomous driving component market is driven by several factors such as growing emphasis towards road safety, rapidly increasing number of automated vehicles, reduction in road congestion, and growing demand for LiDAR sensors. However, factors such as high price of ADAS and autonomous driving components, high risks associated with autonomous components, and security concerns toward vehicle’s data hampers the market growth. Moreover, factors such as increasing adoption of autonomous components among different levels of automation, high anticipated growth rate for component manufacturers, and high potential growth for semi-conductor companies in the automotive industry is anticipated to create numerous opportunities for the market growth.
The automotive industry has grown organically and is on a transitional shift from traditional mechanism to autonomous driving, which boosts the demand of components such as camera, ultrasonic sensors, radar, LiDAR, and ECU. ECU dominated the global ADAS and autonomous driving component market and contributed a major share of the total market in 2017 and is expected to continue its dominance throughout the forecast period. This is mainly due to the higher cost of ECU as compared to other components such as camera, ultrasonic sensors, radar, and LiDAR. Additionally, growing number of sensors and electronic components is anticipated to boost the demand for ECU. Owing to the critical nature of autonomous systems and need of development for effective sensors, automotive industry witnessed the introduction of LiDARs. It offers a greater range, wide field of view and improved accuracy to spot the obstacles when compared to other object sensing components such as camera, radars, and ultrasonic sensors. Therefore, LiDAR market is expected to grow at a fastest rate during the forecast period in comparison to the other components of ADAS and autonomous driving component.
Depending upon the levels of automation- Level 1 dominated the global ADAS and autonomous driving component market and contributed a majority share of the total market in 2017 and is expected to continue its dominance throughout the forecast period. This is mainly due to higher penetration of ADAS features in passenger vehicles such as adaptive cruise control, glare-free high beam and pixel light, adaptive light control, and automatic parking, among others. Market for level 4 and level 5 components is comparatively new as compared to the other levels of automation. However, the expected increase in the number of level 4 and level 5 prototypes and commencement of level 4 and level 5 automated vehicles in the future years is anticipated to increase the components market at a rapid growth rate.
ADAS and autonomous driving components are integrated with passenger cars and commercial vehicles. The passenger car segment was estimated to be the largest contributor to the overall market revenue in 2017. High production rate and registration of high-end passenger cars in comparison to commercial vehicles also forms an important factor for generating high market revenue. Also, integration of large number of autonomous system in passenger cars, as compared to commercial vehicles boosts the market growth. Additionally, passenger car segment is expected to grow at the fastest rate during the forecast period. The major factors such as the growing sales of level 1 and level 2 passenger cars, especially in the emerging countries, increasing disposable income, and technological advancements in ADAS and autonomous driving industry boost the overall market for passenger cars. The market for commercial vehicles is expected to increase at a rapid pace, due to the focus of federal organizations such as European Commission, Ministry of Land, Infrastructure, Transport and Tourism (MLIT) on decreasing road accidents and mandating ADAS features in commercial vehicles.
Geographically, North America accounted for the highest market share in the year 2017, owing to rise in luxury vehicle sales and increasing testing of level 4 and level 5 autonomous vehicles. Factors such as initiatives made by the federal bodies to increase road safety standards, high demand for automated cars, and increased manufacturing activities in the U.S. and Canada are expected to propel the growth of the autonomous vehicle market in the region. Thus, this increase in autonomous vehicle will boost the ADAS and autonomous driving components market in North America. Additionally, increasing number of high-end passenger cars (ADAS vehicles) such as BMW, Audi, Mercedes Benz, and Volvo among others is expected to boost the market growth. The ADAS and autonomous driving component market in the APAC is expected to grow at a faster rate in comparison to Europe and North America between 2018 and 2023. Factors such as the growing automotive industry, rising disposable income, and increasing manufacturing facilities are some of the factors contributing to the growth of the market in the APAC region. Additionally, factors such as stringent government rules and regulations for road safety boost the market growth.
The global ADAS and autonomous driving component market has witnessed several strategic and technological developments in the past few years, undertaken by the different market players to attain their respective market shares in this emerging domain. Some of the initiatives taken by players in component market include new product launches, precise and secure systems, pricing strategies, acquisitions of small-scale start-ups and emerging players, and formation of partnerships among the major players of the automotive components industry.
The key players in the global ADAS and autonomous driving component market are Autoliv Inc., Continental AG, Aptiv PLC, DENSO Corporation, Magna International Inc, Murata Manufacturing Co. Ltd, Quanergy Systems Inc, Robert Bosch GmbH, Valeo, Velodyne Lidar, and ZF Friedrichshafen AG, among others.
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