The global advanced driver assistance systems (ADAS) sensor market had a valuation of $11.5 billion in 2019. Furthermore, the market would generate a revenue of $40.8 billion by 2030 and is predicted to progress at a CAGR of 11.7% between 2020 and 2030. The soaring usage of ADAS features and systems in automobiles and the rising implementation of government initiatives regarding the adoption of ADAS systems in vehicles are the main growth drivers of the market.

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This trend will continue in the forthcoming years, on account of the mushrooming manufacturing and sales of passenger cars all over the world. Furthermore, most of the technological advancements and innovations being made in the automotive industry are first launched for passenger cars. Geographically, the ADAS sensor market registered the highest growth in Europe in the past. This was because of the presence of several regulations in the regional countries regarding the deployment of autonomous vehicles.

Hence, it can be said with confidence that due to the growing deployment of autonomous cars and the rising popularity of ADAS features and systems, on account of the increasing demand for higher road safety, the market will grow explosively all over the world in the forthcoming years.

Market Segmentation by Region

North America ADAS Sensor Market
By type
By vehicle autonomy
By vehicle type
By application
By country – U.S. and Canada
Europe ADAS Sensor Market
By type
By vehicle autonomy
By vehicle type
By application
By country – Germany, U.K., France, Italy, Spain, Netherlands, and Rest of Europe
Asia-Pacific (APAC) ADAS Sensor Market
By type
By vehicle autonomy
By vehicle type
By application
By country – China, Japan, India, South Korea, and Rest of APAC
Latin America, Middle East, and Africa (LAMEA) ADAS Sensor Market
By type
By vehicle autonomy
By vehicle type
By application
By country – Brazil, Mexico, South Africa, and Rest of LAMEA