EDITION 2018, ADAS AND AD MARKET, ANALYSIS AND FORECAST – 2018 – 2030
M14 Intelligence predicts 60 million passenger cars will be equipped with some kind of automation by 2030. Out of which 30 million cars will be ADAS featured, 30 million will be Level 2/Partially automated while 5.3 million cars will be highly automated and driverless. The detail analysis of ADAS and AD market by SAE levels of automation, technology penetration, analog semiconductor content (camera or image sensors, ultrasonic sensors, radar sensors, LiDAR sensors) market, and trends are covered in the latest report “Edition 2018, Advanced Driver Assistance System (ADAS) and Autonomous Driving (AD) Market, Analysis and Forecast – 2018 – 2030” published in January 2018 with 300+ pages analysis, 250+ technology players (18 OEMs and 200+ Tier 1s, Tier 2s, and other technology players), 25+ companies profiled, 180+ infographs, and 150+ data tables.
The report gives deep-dive analysis of the competitive landscape of the ADAS and AD market by analyzing the inorganic growth strategies adopted by the OEMs and leading Tier 1 suppliers. Owing to the benefits like increased in safety of vehicle and CO2 emission many government general bodies around the globe are investing public funding project for the development of the autonomous technology. Moreover, private funding project also comes into the picture for the development of autonomous vehicle. As a result of these funding and technological development leads to the global race in the research and development (R&D). This development race heads the car makers in deploying their autonomous vehicles in the market, among these car makers Ford, BMW, GM, Toyota, Nissan, Audi, and Tesla are the top R&D spenders. Likewise the tier 1 suppliers also heavily investing in research and development. Bosch, Continental, and Delphi are the leaders in the terms of R&D spenders. The changing dynamics and its impact on the automotive industry with the emergence of connected, autonomous, electric, and shared mobility solutions is precisely evaluated in the report. The report also targets on the use of artificial intelligence and sensor fusion as a part of changing dynamics of the ADAS and AD market.