According to Bis Research, the global ADAS and autonomous sensor maintenance equipment market is expected to reach $34.6 million by 2031, with a CAGR of 30.94% during the forecast period 2021-2031. According to recent studies, the rapid advancement of automated driving features is leading to the integration of sensors and camera systems in the vehicle's front and back. Future surround view and mirror replacement apps, as well as so-called smart applications like lane departure warning, park assistant, and others, will benefit from the new features.

Sensors are being installed throughout the vehicle to suit changing security and efficiency requirements as well as environmental requirements.
According to the market scenario, by 2031, half of a car's cost will be accounted for by its electronics, in which sensors and semiconductors play a key role. As a result, to avoid increasing breakdowns, these sensors will need to be safeguarded. Advanced driver-assistance systems (ADAS) have already tremendously broadened the range of sensor applications. Sensors are used to automate or assist with a variety of driver activities, including parking, blind-spot monitoring, safe braking, and accident avoidance in ADAS technologies.

The government rules and regulations across the globe are helping the acceleration of autonomous vehicles into mass production and commercialization. The governments of different regions are replacing the strict laws with more lenient legislative rules, which supports the innovation and development of autonomous vehicles. However, these laws come with certain common principles, such as limiting the number of autonomous vehicles passing the expressways and the driver being held accountable for any accident.

Key Market Players and Competition Synopsis
Continental AG, SEEVA Technologies, Inc., Ficosa Internacional SA, Magneti Marelli S.p.A., dlhBOWLES, Röchling SE & Co. KG, Kendrion, Waymo, Ford Motor Company, Kautex Textron GMBH & CO. KG, ACTASYS, INC., MS Foster & Associates, INC., Valeo, Shenzhen Mingshang Industrial Co. Ltd., Exotic Automation & Supply
The companies profiled in the report have been selected post in-depth interviews with experts and understanding details of companies such as their product portfolios, annual revenues, market penetration, research and development initiatives, and domestic and international presence in the ADAS and autonomous sensor maintenance equipment market.

View the Report: https://bisresearch.com/industry-report/adas-autonomous-sensor-maintenance-equipment-market.html
Download the Sample: https://bisresearch.com/requestsample?id=1184&type=download

Key Questions Answered in the Report:
• What are the key drivers and challenges in the global ADAS and autonomous sensor maintenance equipment?
• How does the supply chain function in the global ADAS and autonomous sensor maintenance equipment?
• Which vehicle type segment is expected to witness the maximum demand growth in the global ADAS and autonomous sensor maintenance equipment during 2020-2031?
• Which are the key application areas for different product types that may experience high demand during the forecast period, 2020-2031?
• Who are the key manufacturers of different ADAS and autonomous sensor maintenance equipment?
• What are the key offerings of the prominent manufacturers in the global market for ADAS and autonomous sensor maintenance equipment?
• Which regions and countries are leading in terms of consumption of global ADAS and autonomous sensor maintenance equipment, and which of them are expected to witness high demand growth from 2020 to 2031?
• What are the key consumer attributes in various regions for ADAS and autonomous sensor maintenance equipment?

About BIS Research:

BIS Research (Business Intelligence and Strategy Research) is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.
With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

What distinguishes BIS Research from the rest of the players is that we don’t simply provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

Contact:

Bhavya Banga
Email: [email protected]
39111 PASEO PADRE PKWY STE 315,
FREMONT CA 94538-1686

Visit our Blog @ http://bisresearch.com/blog/
Connect with us on LinkedIn @ https://www.linkedin.com/company/3720474
Connect with us on Twitter@ https://twitter.com/BISResearch