The ADAS and autonomous driving component market is driven by the increasing technological developments and advancements in ADAS systems, rising developments in connected infrastructure and intelligent transportation system, demand for ADAS features in commercial vehicles, and growing concerns and measures over road safety. However, reliability issues, rising cyber threats in autonomous vehicles, high cost associated with LiDARs, and lack of government rules and regulations in developing regions, are limiting the market growth. The global market for ADAS and autonomous driving component registered a market value of $23.93 billion in 2019 and is projected to grow at CAGR of 12.21% during 2020-2030. Several factors such as the increasing technological developments and advancements in ADAS systems, rising development in connected infrastructure and intelligent transportation system, and growing concerns and measures over road safety, drive the growth of this emerging technology. The...