As per the
recent BIS Research report, the ADAS and autonomous driving component market is
segmented into component type, level of autonomy, vehicle type, and region for
the purpose of study. These segments are further sub-segmented into various
categories. In case of market by component type, it is sub-segmented into
camera, radar, ultrasonic sensors, LiDAR, and ECU. The use of LiDAR is
increasing rapidly in the market owing to reducing cost of LiDAR sensors and their
greater range.
The introduction and proliferation of bio-based ingredients in several industries, such as food and beverage, pharmaceuticals, and cosmetics, has been transforming the manufacturing landscape since 2000. Growing consumer inclination toward the adoption of bio-based products due to rising health and environmental concerns is driving the demand for bio-based ingredients in the cosmetics and personal care products. Besides, awareness among consumers regarding the harmful effects of synthetic ingredients chemicals has grown rapidly over the past years. In addition, the availability of green raw materials has also urged large cosmetic firms to develop bio-based cosmetic products. However, limited availability of raw material, due to erratic weather conditions and stringent environmental regulations, can pose substantial hurdles in the production of bio-based ingredients. Thus, leading companies have been focusing on developing new and sustainable ways of producing the ingredi...

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