Global Advanced Driver Assistance System Overview
The demand for driver safety and assistance systems has increased over the past ten years as a result of an increase in technical innovation and expanding efforts towards automated and self-driving vehicles. A vehicle-based intelligent safety system known as a "advanced driver assistance system" (ADAS) assists drivers in improving their driving skills and road safety. Other functions offered by advanced driver assistance systems (ADAS) include automated lighting, lane monitoring, adaptive cruise control, etc.
Government regulations in various countries, towards mandatory deployment of advanced intelligent systems in vehicles are major factors driving growth of the global advanced driver assistance system market. In addition, increasing number of road accidents and increasing need for advanced vehicle safety system are some other factors boosting growth of the global market. Furthermore, integration of human machine interface with advanced driver assistance system is expected to propel the growth of the global market over the forecast period. Moreover, ADAS technologies including night vision, drowsiness monitoring system, and road sign recognition systems among others are anticipated to grow the target market over the forecast period. Tire-pressure monitoring system also expected to have significant penetration in the overall global market owing to their low prices and easy aftermarket availability. The development of the global market for advanced driver assistance systems is, however, significantly hampered by high production and installation costs. Other factors that are anticipated to restrain the expansion of the global market for advanced driver assistance systems over the course of the next 10 years include defective sensors and a lack of knowledge in several underdeveloped and developing nations. Advanced Driver Assistance System Market size accounted for USD 26.65 billion in 2020 and is expected to grow to USD 79.27 in 2030 at a compound annual growth rate (CAGR) of 11.5%
Global Advanced Driver Assistance System Dynamics
Increasing Awareness of vehicle
Increasing awareness of vehicle safety ratings and reducing component costs due to widespread use of cameras and radars will be key growth drivers for the advanced driver assistance systems market. Increasing penetration of advanced driver assistance system features will drive demand for components such as cameras, radar sensors, ultrasonic sensors, and LiDAR during the upcoming period Increase in vehicle production combined with increased safety standards across the globe will drive the advanced driver assistance market. The rise in adoption of artificial intelligence and Internet of Things in vehicles is driving automakers to develop advanced driver assist systems. Advances driver assistance system requires basic infrastructure such as well-maintained roads, lane markings and availability of GPS for effective functioning. Poor infrastructure outside urban areas, cost considerations and poor driving training or driving discipline restrains ADAS market growth in developing countries.
Technological advancement
The advanced driver assistance system industry is driven by increasing safety awareness and increasing frequency of accidents. With the technological advancement in the vehicle there is a demand for advanced systems like emergency braking system, night vision system and road sign recognition system. Moreover, increasing acceptance of autonomous vehicle or self-driving vehicle is driving the market growth. Urbanization, industrialization, improved living conditions, and adoption of autonomous vehicles are estimated to drive the ADAS market during the research period. Most of the accidents are caused due to the negligence and mistakes of the drivers. Around 1.3 million people worldwide lose their lives in road accidents every year advanced driver assistance systems help to reduce the problem of traffic jams and road accidents and reduce the safety and security of the vehicle. Furthermore, governments in various regions are spending heavily to adopt advanced technologies, develop safety features and support the use of automated vehicles.
Global Advanced Driver Assistance System Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The global advanced drive assistance system market is segmented into solution, sensor types, vehicle types, and region Based on the solution, the global advanced driver assistance system market is sub-divided into tire pressure monitoring system, drowsiness monitor system, intelligent parking assist system, adaptive cruise control system, blind spot object detection system, lane departure warning system, adaptive front-lighting system, and others. On the basis of sensor type, the global market is bifurcated into image sensor, LiDAR sensor, ultrasonic sensor, infrared sensor, RADAR, and LASER. Based on the vehicle type, the target market is characterized into passenger vehicle and commercial vehicle. The functioning of ADAS mainly depends on the sensors and their functional accuracy. LIDAR, RADAR, ultrasonic, camera and other sensors work together to perform the desired assistance and safety function.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Global Advanced Driver Assistance System Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market accounted for highest market share in terms of revenue in the global ADAS market, owing to presence of major ADAS suppliers, especially in the US. The Europe ADAS market is expected to witness considerable growth due to presence of major automotive manufacturers in countries in this region. The market in Asia Pacific is expected to witness significant growth in the forecast period, owing to rising demand for automotive safety systems and rising incidences of road accidents in countries in the region.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
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Market Segmentation |
By Solution - Adaptive Cruise Control, Blind Spot Detection System, Park assistance, Lane Departure Warning System, Tire Pressure Monitoring System, Autonomous Emergency Braking, Adaptive Front Lights, and Others By Sensor Type - Radar, Ultrasonic, LiDAR, and Others By Vehicle Type - Passenger car and Commercial vehicle
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Advanced Driver Assistance System Market report based on solution, sensor type, vehicle type and region:
Global Advanced Driver Assistance System Market, By Solution:
- Adaptive Cruise Control
- Blind Spot Detection System
- Park assistance
- Lane Departure Warning System
- Tire Pressure Monitoring System
- Autonomous Emergency Braking
- Adaptive Front Lights
- Others
Global Advanced Driver Assistance System Market, By Sensor:
- Radar
- Ultrasonic
- LiDAR
- Others
Global Advanced Driver Assistance System Market, By Vehicle:
- Passenger car
- Commercial vehicle
Global Advanced Driver Assistance System Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Advanced Driver Assistance System Key Players
The key players operating the Global Advanced Driver Assistance System Market includes Continental AG, Delphi Automotive Plc, Magna International, Denso Corporation, Robert Bosch GMBH, Autoliv Inc., Takata Corporation, Hyundai Mobis, Gentex Corporation, and HARMAN International. In September 2022, 3 TSX Stocks That You Can Hold for the Next 3 Decades Magna International company is a mobility technology company and one of the largest automotive suppliers in the world. Th Manga International Company expands its presence in the high-growth electric vehicle market. Facts and Factors projects the global electric vehicle market to grow at a CAGR of 24.5% through 2028. Given its exposure to electrified powertrain, battery enclosures, and advanced driver assistance system markets, I expect Magna International to benefit from the EV market growth.
Global Advanced Driver Assistance System Company Profile
- Continental AG*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Delphi Automotive Plc
- Magna International
- Denso Corporation
- Robert Bosch GMBH
- Autoliv Inc.
- Takata Corporation
- Hyundai Mobis
- Gentex Corporation
- HARMAN International
“*” marked represents similar segmentation in other categories in the respective section
Global Advanced Driver Assistance System Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Solution
- Market Snippet, By Sensor Type
- Market Snippet, By Vehicle Type
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Advanced Driver Assistance System Market, By Solution
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Adaptive Cruise Control
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Blind Spot Detection System
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Park Assistance
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Lane Departure Warning System
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Tire Pressure Monitoring System
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Autonomous Emergency Braking
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Adaptive Front Lights
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Advanced Driver Assistance System Market, By Sensor Type, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Radar
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Ultrasonic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- LiDAR
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Advanced Driver Assistance System Market, By Vehicle Type, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Passenger Car
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Commercial Vehicle
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Advanced Driver Assistance System Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Solution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Sensor Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Solution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Sensor Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Solution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Sensor Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
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- Latin America
- Market Size and Forecast (US$ Bn), By Solution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Sensor Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Solution, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Sensor Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Vehicle Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
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- GCC
- Israel
- South Africa
- Rest of Middle East
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Continental AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Delphi Automotive Plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Magna International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Denso Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Robert Bosch GMBH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Autoliv Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Takata Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hyundai Mobis
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Gentex Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- HARMAN International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Advanced Driver Assistance System Market report segments the market on the basis of solution, sensor types, vehicle types, and region.
The ADAS market will benefit from increased awareness of car safety ratings and lower component prices due to the widespread use of cameras and radars.
Asia Pacific is growing at the highest CAGR over 2021- 2026.
The leading players operating in the Global Advanced Driver Assistance System Market includes Continental AG, Delphi Automotive Plc, Magna International, Denso Corporation, Robert Bosch GMBH, Autoliv Inc., Takata Corporation, Hyundai Mobis, Gentex Corporation, and HARMAN International.