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Advanced Driver Assistance Systems Market Size, Share | 2031
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Advanced Driver Assistance Systems Market Size, Share | 2031

Segments - Global Advanced Driver Assistance Systems Market by System Types (Adaptive Cruise Control, Traffic Jam Assist, Adaptive Front Light, Tire Pressure Monitoring System, Automatic Emergency Braking, Road Sign Recognition, Blind Spot Detection, Pedestrian Detection System, Cross-traffic Alert, Night Vision System, Driver Monitoring System, Lane Departure Warning, Forward Collision Warning, Intelligent Park Assist, and Others), Sensor Types (Camera Unit, Image Sensor, Infrared Sensor, LiDAR Sensor, Radar Sensor, Ultrasonic Sensor, and Laser), Vehicle Types (Light Commercial Vehicles, Passenger Cars, and Heavy Commercial Vehicles), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021-2028

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Author : Akash Vedpathak
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Upcoming | Report ID :AL-4021 | 4.5 Rating | 65 Reviews | 184 Pages | Format : PDF Excel PPT

Report Description


The global advanced driver assistance systems market size is estimated to register a substantial CAGR during the projected period, between 2021 and 2028. Advanced driver assistance systems (ADAS) refers to a wide range of passive and active systems designed to assist the vehicle driver by providing comfort, smooth, and efficiency in driving.

The system helps to improve the safety and security of the passengers as well as driver of vehicles, which in a way, ensuring the safety of pedestrians. Sensors, radars, cameras, and a variety of software are all essential components of ADAS and they work together to ensure that the system operates precisely. Integration of Artificial Intelligence (AI) has catapulted the automotive industry to new heights.

Advanced Driver Assistance Systems Market Outlook

  • Increasing awareness of vehicle safety approaches and lower component costs have resulted the widespread use of radars and cameras in vehicles. This is a major driver of the market.
  • Growing urbanization, initiatives for the advancement of innovative sensing technology in the automotive industry, and rising living standards of people are propelling the market forward.
  • Rising demand for comfort and safety system for driving and strict safety rules and regulations of government authorities are expected to boost the growth in the coming years.
  • High initial costs, lower efficiency in bad weather conditions, and complex structures of the system along with the lack of necessary infrastructure in developing countries are key challenges, which are likely to hamper the market growth during the forecast period.
  • Technological advancements in ADAS and multifunctional system production for safety vehicles operation are expected to provide significant growth opportunities for the market.

Scope of Advanced Driver Assistance Systems Market Report

The report on the global advanced driver assistance systems market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
 

Attributes

Details

Report Title

Advanced Driver Assistance Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

System Types (Adaptive Cruise Control, Traffic Jam Assist, Adaptive Front Light, Tire Pressure Monitoring System, Automatic Emergency Braking, Road Sign Recognition, Blind Spot Detection, Pedestrian Detection System, Cross-traffic Alert, Night Vision System, Driver Monitoring System, Lane Departure Warning, Forward Collision Warning, Intelligent Park Assist, and Others), Sensor Types (Camera Unit, Image Sensor, Infrared Sensor, LiDAR Sensor, Radar Sensor, Ultrasonic Sensor, and Laser), Vehicle Types (Light Commercial Vehicles, Passenger Cars, and Heavy Commercial Vehicles)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered

Aptiv PLC; Continental AG; AVL GmbH; Robert Bosch GmbH; Gentex Corporation; Renesas Electronics Corporation; Hyundai Mobis; Harman International; Mobileye N.V; NXP Semiconductor; ZF Friedrichshafen; Autoliv Inc.; Magna International Inc.; DENSO Corporation; Aisin Seiki Co. Ltd; and Valeo SA

Advanced Driver Assistance Systems Market Segment Insights

Based on system types, the global advanced driver assistance systems market is fragmented into adaptive cruise control, traffic jam assist, adaptive front light, tire pressure monitoring system, automatic emergency braking, road sign recognition, blind spot detection, pedestrian detection system, cross-traffic alert, night vision system, driver monitoring system, lane departure warning, forward collision warning, intelligent park assist, and others. The intelligent park assist segment is projected to hold significant market share in the coming years due to its low cost, application in a wide range of vehicles, and simple installation process. The park assist system detects objects in the vehicle's surroundings and assists the driver in easy car parking.

Advanced Driver Assistance Systems Market System Types

On the basis of sensor types, the market is segmented into camera unit, image sensor, infrared sensor, LiDAR sensor, radar sensor, ultrasonic sensor, and laser. The radar sensor segment is anticipated to account for a substantial share during the targeted period as these sensors can provide low-cost frequency with a modulated or continuous wave, expanding market opportunities. Radar sensors in ADAS are used for collision warning, object detection, and blind spot monitoring, which aid in the prevention of accidents by counter-steering and braking. Growing safety awareness and increasing number of accidents are the primary drivers of the segment, which has resulted in increasing demand for radar sensors. Major OEMs and Tier 1 auto component manufacturers are transitioning to long-range 77 GHz radars for improved reliability and regulatory compliance.

In terms of vehicle types, the global advanced driver assistance systems market is segregated into light commercial vehicles, passenger cars, and heavy commercial vehicles. The passenger car segment is anticipated to expand at a robust pace during the forecast period due to rising demand for safety systems in developing markets, impacted by supportive legislation, improved road safety standards, and consumer awareness. Moreover, the increasing industrialization, urbanization, rise in disposable incomes, and high demographic growth worldwide have resulted in rising vehicle production and sales around the world. Furthermore, the surge in demand for passenger cars with enhanced comfort, safety features, and driving efficiency is boosting the segment forward.

In terms of regions, the market is categorized as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market in the coming years due to high automotive production and sales in the region along with a significant increase in the adoption of electric vehicles in countries such as Japan and China. Automotive OEMs intend to accelerate technological advancements in manufacturing facilities and increase production volume in emerging markets such as India and China, among others.

Advanced Driver Assistance Systems Market Regions

Segments

System Types

  • Adaptive Cruise Control
  • Traffic Jam Assist
  • Adaptive Front Light
  • Tire Pressure Monitoring System
  • Automatic Emergency Braking
  • Road Sign Recognition
  • Blind Spot Detection
  • Pedestrian Detection System
  • Cross-traffic Alert
  • Night Vision System
  • Driver Monitoring System
  • Lane Departure Warning
  • Forward Collision Warning
  • Intelligent Park Assist
  • Others

Sensor Types

  • Camera Unit
  • Image Sensor
  • Infrared Sensor
  • LiDAR Sensor
  • Radar Sensor
  • Ultrasonic Sensor
  • Laser

Vehicle Types

  • Light Commercial Vehicles
  • Passenger Cars
  • Heavy Commercial Vehicles

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Aptiv PLC
  • Continental AG
  • AVL GmbH
  • Robert Bosch GmbH
  • Gentex Corporation
  • Renesas Electronics Corporation
  • Hyundai Mobis
  • Harman International
  • Mobileye N.V
  • NXP Semiconductor
  • ZF Friedrichshafen
  • Autoliv Inc.
  • Magna International Inc.
  • DENSO Corporation
  • Aisin Seiki Co. Ltd
  • Valeo SA

Competitive Landscape

Key players in the global advanced driver assistance systems market are Aptiv PLC; Continental AG; AVL GmbH; Robert Bosch GmbH; Gentex Corporation; Renesas Electronics Corporation; Hyundai Mobis; Harman International; Mobileye N.V; NXP Semiconductor; ZF Friedrichshafen; Autoliv Inc.; Magna International Inc.; DENSO Corporation; Aisin Seiki Co. Ltd; and Valeo SA. These players are constantly engaged in several market development activities including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

Advanced Driver Assistance Systems Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Advanced Driver Assistance Systems Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Advanced Driver Assistance Systems Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Advanced Driver Assistance Systems Market - Supply Chain
  4.5. Global Advanced Driver Assistance Systems Market Forecast
     4.5.1. Advanced Driver Assistance Systems Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Advanced Driver Assistance Systems Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Advanced Driver Assistance Systems Market Absolute $ Opportunity
5. Global Advanced Driver Assistance Systems Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Advanced Driver Assistance Systems Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Advanced Driver Assistance Systems Demand Share Forecast, 2019-2026
6. North America Advanced Driver Assistance Systems Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Advanced Driver Assistance Systems Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Advanced Driver Assistance Systems Demand Share Forecast, 2019-2026
7. Latin America Advanced Driver Assistance Systems Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Advanced Driver Assistance Systems Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Advanced Driver Assistance Systems Demand Share Forecast, 2019-2026
8. Europe Advanced Driver Assistance Systems Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Advanced Driver Assistance Systems Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Advanced Driver Assistance Systems Demand Share Forecast, 2019-2026
9. Asia Pacific Advanced Driver Assistance Systems Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Advanced Driver Assistance Systems Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Advanced Driver Assistance Systems Demand Share Forecast, 2019-2026
10. Middle East & Africa Advanced Driver Assistance Systems Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Advanced Driver Assistance Systems Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Advanced Driver Assistance Systems Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Advanced Driver Assistance Systems Market: Market Share Analysis
  11.2. Advanced Driver Assistance Systems Distributors and Customers
  11.3. Advanced Driver Assistance Systems Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Aptiv PLC
     11.4.2. Continental AG
     11.4.3. AVL GmbH
     11.4.4. Robert Bosch GmbH
     11.4.5. Gentex Corporation
     11.4.6. Renesas Electronics Corporation
     11.4.7. Hyundai Mobis
     11.4.8. Harman Internatio

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