According to McKinsey and Company, the global ADAS and AD system sensor market will be worth 43 billion U.S. dollars by 2030. The fastest growing segment is LiDAR sensors which can scan an area in three dimensions and produce high resolution maps of the surrounding environment.
Breakdown of the market for sensor types in ADAS/AD systems in 2030, by type
(in billion U.S. dollars)
ADAS stands for advanced driver-assistance systems; the term AD system stands for autonomous drive system; LiDAR is used as an acronym for light detection and ranging.
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McKinsey & Company. (July 14, 2019). Breakdown of the market for sensor types in ADAS/AD systems in 2030, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1076066/adas-autonomous-drive-system-sensor-market-by-type/
McKinsey & Company. "Breakdown of the market for sensor types in ADAS/AD systems in 2030, by type (in billion U.S. dollars)." Chart. July 14, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1076066/adas-autonomous-drive-system-sensor-market-by-type/
McKinsey & Company. (2019). Breakdown of the market for sensor types in ADAS/AD systems in 2030, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1076066/adas-autonomous-drive-system-sensor-market-by-type/
McKinsey & Company. "Breakdown of The Market for Sensor Types in Adas/Ad Systems in 2030, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Jul 2019, https://www.statista.com/statistics/1076066/adas-autonomous-drive-system-sensor-market-by-type/
McKinsey & Company, Breakdown of the market for sensor types in ADAS/AD systems in 2030, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1076066/adas-autonomous-drive-system-sensor-market-by-type/ (last visited December 22, 2024)
Breakdown of the market for sensor types in ADAS/AD systems in 2030, by type (in billion U.S. dollars) [Graph], McKinsey & Company, July 14, 2019. [Online]. Available: https://www.statista.com/statistics/1076066/adas-autonomous-drive-system-sensor-market-by-type/