Global Automotive ADAS and Autonomous Driving Components Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Radar Sensor, Image Sensor, Ultrasonic Sensor, Infrared Sensor, and Others.

By Sensor Technologies;

Lidar Sensors, Camera Systems.

By Software Solutions;

ADAS Software, Autonomous Driving Software, Simulation Software, Data Management Software, Machine Learning Algorithms.

By Hardware Components;

Electronic Control Units (ECUs), Power Distribution Units, Connectivity Modules, Actuators, Chassis Components.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn008650606 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Automotive ADAS and Autonomous Driving Components Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive ADAS and Autonomous Driving Components Market was valued at USD 38,202.26 million. The size of this market is expected to increase to USD 90,994.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.2%.

The global automotive ADAS and autonomous driving components market is experiencing rapid growth, driven by advancements in technology, regulatory pressures, and increasing consumer demand for safer, more efficient vehicles. Advanced Driver Assistance Systems (ADAS) and autonomous driving technologies aim to enhance vehicle safety, reduce human error, and pave the way for fully autonomous driving. Components such as sensors, cameras, radar, LiDAR, and AI-powered software play a crucial role in the development and deployment of these systems, enabling vehicles to perceive their surroundings, make decisions, and operate with minimal human intervention.

The push for autonomous driving is being propelled by a combination of factors, including the increasing need for road safety, reductions in traffic accidents, and improvements in transportation efficiency. Governments around the world are introducing stricter safety regulations, encouraging automakers to integrate ADAS technologies in their vehicles. These regulatory mandates, combined with the growing popularity of electric and connected vehicles, have spurred innovation in the automotive industry, with a focus on enhancing ADAS features and moving towards higher levels of autonomy.

As the market for ADAS and autonomous driving components expands, there are significant opportunities for manufacturers and suppliers. The demand for advanced sensors, machine learning algorithms, and connectivity solutions is expected to grow, as both established automakers and new entrants in the market strive to develop cutting-edge technologies. The increasing investment in research and development, along with collaborations between automakers, tech companies, and component suppliers, is accelerating the progress towards fully autonomous vehicles, positioning the global automotive ADAS and autonomous driving components market for substantial growth over the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Sensor Technologies
    3. Market Snapshot, By Software Solutions
    4. Market Snapshot, By Hardware Components
    5. Market Snapshot, By Region
  4. Global Automotive ADAS and Autonomous Driving Components Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Enhanced Safety Features Demand
        2. Technological Advancements
        3. Regulatory Compliance
      2. Restraints
        1. High Implementation Costs
        2. Infrastructure Limitations
        3. Consumer Trust and Acceptance
      3. Opportunities
        1. Emerging Market Growth
        2. EV and Autonomous Vehicle Integration
        3. Continuous Innovation in Sensor Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive ADAS and Autonomous Driving Components Market, By Type, 2021 - 2031 (USD Million)
      1. Radar Sensor
      2. Image Sensor
      3. Ultrasonic Sensor
      4. Infrared Sensor
      5. Others
    2. Global Automotive ADAS and Autonomous Driving Components Market, Sensor Technologies, 2021 - 2031 (USD Million)
      1. Lidar Sensors
      2. Camera Systems
    3. Global Automotive ADAS and Autonomous Driving Components Market, Software Solutions, 2021 - 2031 (USD Million)
      1. ADAS Software
      2. Autonomous Driving Software
      3. Simulation Software
      4. Data Management Software
      5. Machine Learning Algorithms
    4. Global Automotive ADAS and Autonomous Driving Components Market, Hardware Components, 2021 - 2031 (USD Million)
      1. Electronic Control Units (ECUs)
      2. Power Distribution Units
      3. Connectivity Modules
      4. Actuators
      5. Chassis Components
    5. Global Automotive ADAS and Autonomous Driving Components Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Aptiv
      2. Bosch
      3. Continental
      4. DENSO
      5. Magna International
      6. ZF Friedrichshafen
  7. Analyst Views
  8. Future Outlook of the Market