Market revenue in 2023 | USD 764.2 million |
Market revenue in 2030 | USD 1,747.2 million |
Growth rate | 12.5% (CAGR from 2023 to 2030) |
Largest segment | Passenger vehicle |
Fastest growing segment | Commerical Vehicle |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Passenger Vehicle, Commerical Vehicle |
Key market players worldwide | Intel Corp, Autoliv Inc, Denso Corp, Continental AG, Garmin Ltd, Infineon Technologies AG, Magna International Inc, Mobileye Global Inc Ordinary Shares - Class A, Robert Bosch Engineering & Business Solutions, Valeo SA |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced driver assistance system market will help companies and investors design strategic landscapes.
Passenger vehicle was the largest segment with a revenue share of 90.85% in 2023. Horizon Databook has segmented the Japan advanced driver assistance system market based on passenger vehicle, commerical vehicle covering the revenue growth of each sub-segment from 2018 to 2030.
In Japan, several companies are adopting strategic initiatives to promote the growth of advanced driver assistance systems. For instance, in August 2022, Japanese electronics company Kyocera Corporation announced the introduction of its new production facility in Japan to strengthen its engineering development capabilities and expand the manufacturing space.
Furthermore, the company is expanding the production of ADAS EV components, 5G data centers, and several other electronic components. This initiative is expected to increase the adoption of ADAS in the Japanese automotive market.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan advanced driver assistance system market , including forecasts for subscribers. This country databook contains high-level insights into Japan advanced driver assistance system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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