ADAS and Autonomous Driving Component Market Size & Share Report by 2033

Research Methodology – ADAS and Autonomous Driving Component Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the ADAS and Autonomous Driving Component Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the ADAS and Autonomous Driving Component Market is developed by integrating key market indicators and macroeconomic variables. These include:

1 Factors considered while calculating market size and share

The total number of automotive manufacturers, and their production volumes.
Rate of adoption of autonomous and ADAS technologies in new vehicles.
The market price of different ADAS and autonomous driving components.
Government regulations and laws encouraging or needing the adoption of these technologies.
Globally total number of autonomous and ADAS equipped vehicles in operation.
Rate of replacement required for these components in existing vehicles.
Future trends in the automotive industry which can influence technology adoption like electric vehicles, vehicle as a service, connectivity.
Major competitors and their market share in this field.

2 Key Market Indicators

Trends in vehicle production and sales worldwide.
Number of vehicles with installed ADAS and autonomous technologies.
Changes in government transportation policies and auto industry regulations.
Update and developments in ADAS and autonomous technologies.
Market penetration of electric vehicles as electric vehicles often come with these technologies.
Trends in semiconductor and sensor industry as these components are vital for these technologies.

3 Growth Trends

Increasing demand for safety features in vehicles which can drive adoption of ADAS technologies.
Overall growth of automotive industry and increasing vehicle production.
Increasing trend towards autonomous mobility and self-driving cars.
Technological advancements making these systems more affordable and efficient, hence encouraging wider adoption.
Increasing connectivity features in vehicles which often require these technologies.
Regulations and laws encouraging the adoption of ADAS for safer roads.

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the ADAS and Autonomous Driving Component Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the ADAS and Autonomous Driving Component Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: