NEW YORK, Sept. 29, 2021 /PRNewswire/ — The automotive advanced driver assistance system (ADAS) market in the auto parts & equipment industry to grow by USD 18.99 billion between 2021 and 2025. Technavio’s latest market research report estimates that the automotive advanced driver assistance system (ADAS) market will be progressing at a CAGR of about 8%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aptiv Plc, Continental AG, DENSO Corp., Hyundai Mobis Co. Ltd., Intel Corp., Magna International Inc., Robert Bosch GmbH, Valeo SA, Veoneer Inc., and ZF Friedrichshafen AG are some of the major market participants.