Global Automated Driving System Market Growth (Status and Outlook) 2024-2030

Global Automated Driving System Market Growth (Status and Outlook) 2024-2030

Product Code:867912

Published Date: Jan 02,2024

Pages: 103

Region: Global

Category: Automobile & Transportation

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According to our LPI (LP Information) latest study, the global Automated Driving System market size was valued at US$ 8301.4 million in 2023. With growing demand in downstream market, the Automated Driving System is forecast to a readjusted size of US$ 220540 million by 2030 with a CAGR of 59.8% during review period. 
The research report highlights the growth potential of the global Automated Driving System market.  Automated Driving System are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automated Driving System. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automated Driving System market.

Automated Driving System, also known as an autonomous vehicle (AV or auto), driverless car, or robotic car (robo-car), is a vehicle that is capable of sensing its environment and moving safely with little or no human input. The future of this technology may have an impact on multiple industries and other circumstances. Self-driving cars combine a variety of sensors to perceive their surroundings, such as radar, lidar, sonar, GPS, odometry and inertial measurement units. Advanced control systems interpret sensory information to identify appropriate navigation paths, as well as obstacles and relevant signage.

Global core automated driving system players include Bosch, Waymo (Alphabet), GM Cruise etc. The top 2 companies hold a share about 24%. North America is the largest market, with a share about 37%, followed by Europe and Asia-Pacific with the share about 30% and 28%. In terms of product, hardware is the largest segment, with a share over 60%. And in terms of application, the largest application is commercial car, followed by passager car.

Key Features:
The report on Automated Driving System market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Automated Driving System market. It may include historical data, market segmentation by Type (e.g., Hardware, Software), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automated Driving System market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Automated Driving System market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Automated Driving System industry. This include advancements in Automated Driving System technology, Automated Driving System new entrants, Automated Driving System new investment, and other innovations that are shaping the future of Automated Driving System.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automated Driving System market. It includes factors influencing customer ' purchasing decisions, preferences for Automated Driving System product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automated Driving System market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automated Driving System market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automated Driving System market. 
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automated Driving System industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automated Driving System market.

Market Segmentation:
Automated Driving System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type
    Hardware
    Software

Segmentation by application
    Commercial Car
    Passenger Car

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Bosch
    Waymo (Alphabet)
    GM Cruise
    Apollo (Baidu)
    Tesla
    Continental
    Aptiv
    ZF Group
    NVIDIA
    Denso
    Hitachi Automotive Systems
    Mobileye