Advanced Driver Assistance System (ADAS) Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032
The Global ADAS Market was worth US$ 21 billion in 2019 and is expected to grow at a CAGR of 9% through 2030.
Increased number of road accidents, rising emphasis on improving occupant safety, and increased investment in electric autonomous vehicle are the key factors fueling the growth of the global advanced driver assistance system market. Advanced driver assistance systems have contributed significantly towards improving the passenger and occupant safety by integrating advanced features into automobiles. The automotive OEMs are focusing on equipping economy and mid-range vehicle with basic safety features to gain competitive advantage in the market.
This has fueled the demand for semi-autonomous vehicles across the emerging economies. However, the automotive manufacturing is among the most severely impacted industry due to the spread of COVID-19. The lowered demand is anticipated to witness further slack during 2020 and is anticipated to witness steady growth by 2021.
The automotive OEMs and advanced driver assistance system vendors across the globe such as Continental AG and Robert Bosch GmbH have suspended the production to ensure employee safety. This is anticipated to hamper the growth of the global advanced driver systems in coming years. However, the market is anticipated to regain its strength during the next couple of years and is anticipated to witness healthy growth during the forecast period.
Europe contributed the largest share to the global advanced driver assistance system market in 2019 owing to the presence of leading advanced driver assistance system vendors and automotive OEMs across major countries. Asia Pacific is anticipated to be the fastest growing region during the forecast period owing to increased investment in and expansion of automotive electronic manufacturing across the major countries such as China, Japan, South Korea, and India.
Strong presence of leading automotive OEMs and automotive electronic system manufacturers across the emerging countries is anticipated to contribute towards the growth of the global advanced driver assistance system market during the forecast period.
Advanced Driver Assistance System (ADAS) Market Share Analysis, by Geography (2022)
The report titled “Advanced Driver Assistance System (ADAS) Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” offers market estimates for a period 2019 to 2032, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global advanced driver assistance system market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global advanced driver assistance system market is segmented based on component, system, vehicle type, propulsion type, level of autonomy, and geography. Based on component, the global advanced driver assistance system market is segmented into hardware, software, and services. The hardware is further sub-segmented into electronic control unit (ECU), camera unit, LiDAR, radar sensor, ultrasonic sensor, infrared sensor, and others. Based on system, the global advanced driver assistance system market is segmented into adaptive cruise control (ACC), adaptive front light (AFL), automatic emergency braking (AEB), blind spot detection (BSD), cross traffic alert (CTA), driver monitoring system (DMS), forward collision warning (FCW), intelligent park assist (IPA), lane departure warning (LDW), night vision system (NVS), pedestrian detection system (PDS), road sign recognition (RSR), tire pressure monitoring system (TPMS), traffic jam assist (TJA), and others. Based on vehicle type, the global advanced driver assistance system market is segmented into passenger vehicle, light commercial vehicle, heavy commercial vehicle, and others. Based on propulsion type, the global advanced driver assistance system market is segmented into internal combustion (IC) engine vehicle and electric vehicle. The electric vehicle segment is further sub-segmented into battery electric vehicles (BEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicle (PHEV), and fuel cell electric vehicle (FCEV). Based on level of autonomy, the global advanced driver assistance system market is segmented into level-1, level-2, level-3, level-4, and level-5. Based on geography, the global advanced driver assistance system market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on advanced driver assistance system. Further, market share of prominent companies in the global advanced driver assistance system market would also be estimated. the study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the advanced driver assistance system companies.
The global advanced driver assistance system market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the advanced driver assistance system business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global advanced driver assistance system market.
Major players active in the global advanced driver assistance system market include Aptiv, Continental AG, Cypress Semiconductor Corporation, DENSO Corporation, HYUNDAI MOBIS, Infineon Technologies AG, Intel Corporation, Magna International Inc., Microsemi Corporation, Nvidia Corporation, Robert Bosch GmbH, SAMSUNG, Valeo, Texas Instruments Incorporated, Veoneer, Xilinx, Inc., and ZF Friedrichshafen AG.
Segmentation:
By Component
- Hardware
- Software
- Services
By System
- Adaptive Cruise Control (Acc)
- Adaptive Front Light (Afl)
- Automatic Emergency Braking (Aeb)
- Blind Spot Detection (Bsd)
- Cross Traffic Alert (Cta)
- Driver Monitoring System (Dms)
- Forward Collision Warning (Fcw)
- Intelligent Park Assist (Ipa)
- Lane Departure Warning (Ldw)
- Night Vision System (Nvs)
- Pedestrian Detection System (Pds)
- Road Sign Recognition (Rsr)
- Tire Pressure Monitoring System (Tpms)
- Traffic Jam Assist (Tja)
- Others
By Vehicle Type
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Others
By Propulsion Type
- Internal Combustion (Ic) Engine Vehicle
- Electric Vehicle
By Level Of Autonomy
- Level-1
- Level-2
- Level-3
- Level-4
- Level-5
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global ADAS Market
- Global ADAS Market Qualitative Analysis
- Ecosystem Analysis
- Role of participants
- Integration scenario
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- Technology evolution
- COVID-19 impact on demand
- Ecosystem Analysis
- Global ADAS Market Analysis and Forecast, by Component
- Overview and definitions
- Key segment analysis
- Global ADAS Market Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Electronic Control Unit (ECU)
- Camera unit
- LiDAR
- Radar sensor
- Ultrasonic sensor
- Infrared sensor
- Others
- Software
- Hardware
- Global ADAS Market Analysis and Forecast, by Solution
- Overview and definitions
- Key segment analysis
- Global ADAS Market Estimates (US$ Mn), by Solution, 2019 – 2032
- Adaptive Cruise Control (ACC)
- Adaptive Front Light (AFL)
- Automatic Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Cross Traffic Alert (CTA)
- Driver Monitoring System (DMS)
- Forward Collision Warning (FCW)
- Intelligent Park Assist (IPA)
- Lane Departure Warning (LDW)
- Night Vision System (NVS)
- Pedestrian Detection System (PDS)
- Others
- Global ADAS Market Analysis and Forecast, by Vehicle Type
- Overview and definitions
- Key segment analysis
- Global ADAS Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
- Passenger vehicle
- Light commercial vehicle
- Heavy commercial vehicle
- Global ADAS Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global ADAS Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America ADAS Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America ADAS Market Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Electronic Control Unit (ECU)
- Camera unit
- LiDAR
- Radar sensor
- Ultrasonic sensor
- Infrared sensor
- Others
- Software
- Hardware
- North America ADAS Market Estimates (US$ Mn), by Solution, 2019 – 2032
- Adaptive Cruise Control (ACC)
- Adaptive Front Light (AFL)
- Automatic Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Cross Traffic Alert (CTA)
- Driver Monitoring System (DMS)
- Forward Collision Warning (FCW)
- Intelligent Park Assist (IPA)
- Lane Departure Warning (LDW)
- Night Vision System (NVS)
- Pedestrian Detection System (PDS)
- Others
- North America ADAS Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
- Passenger vehicle
- Light commercial vehicle
- Heavy commercial vehicle
- North America ADAS Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe ADAS Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe ADAS Market Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Electronic Control Unit (ECU)
- Camera unit
- LiDAR
- Radar sensor
- Ultrasonic sensor
- Infrared sensor
- Others
- Software
- Hardware
- Europe ADAS Market Estimates (US$ Mn), by Solution, 2019 – 2032
- Adaptive Cruise Control (ACC)
- Adaptive Front Light (AFL)
- Automatic Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Cross Traffic Alert (CTA)
- Driver Monitoring System (DMS)
- Forward Collision Warning (FCW)
- Intelligent Park Assist (IPA)
- Lane Departure Warning (LDW)
- Night Vision System (NVS)
- Pedestrian Detection System (PDS)
- Others
- Europe ADAS Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
- Passenger vehicle
- Light commercial vehicle
- Heavy commercial vehicle
- Europe ADAS Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific ADAS Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific ADAS Market Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Electronic Control Unit (ECU)
- Camera unit
- LiDAR
- Radar sensor
- Ultrasonic sensor
- Infrared sensor
- Others
- Software
- Hardware
- Asia Pacific ADAS Market Estimates (US$ Mn), by Solution, 2019 – 2032
- Adaptive Cruise Control (ACC)
- Adaptive Front Light (AFL)
- Automatic Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Cross Traffic Alert (CTA)
- Driver Monitoring System (DMS)
- Forward Collision Warning (FCW)
- Intelligent Park Assist (IPA)
- Lane Departure Warning (LDW)
- Night Vision System (NVS)
- Pedestrian Detection System (PDS)
- Others
- Asia Pacific ADAS Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
- Passenger vehicle
- Light commercial vehicle
- Heavy commercial vehicle
- Asia Pacific ADAS Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa ADAS Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa ADAS Market Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Electronic Control Unit (ECU)
- Camera unit
- LiDAR
- Radar sensor
- Ultrasonic sensor
- Infrared sensor
- Others
- Software
- Hardware
- Middle East & Africa ADAS Market Estimates (US$ Mn), by Solution, 2019 – 2032
- Adaptive Cruise Control (ACC)
- Adaptive Front Light (AFL)
- Automatic Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Cross Traffic Alert (CTA)
- Driver Monitoring System (DMS)
- Forward Collision Warning (FCW)
- Intelligent Park Assist (IPA)
- Lane Departure Warning (LDW)
- Night Vision System (NVS)
- Pedestrian Detection System (PDS)
- Others
- Middle East & Africa ADAS Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
- Passenger vehicle
- Light commercial vehicle
- Heavy commercial vehicle
- Middle East & Africa ADAS Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- UAE
- Rest of Middle East
- South America ADAS Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America ADAS Market Estimates (US$ Mn), by Component, 2019 – 2032
- Hardware
- Electronic Control Unit (ECU)
- Camera unit
- LiDAR
- Radar sensor
- Ultrasonic sensor
- Infrared sensor
- Others
- Software
- Hardware
- South America ADAS Market Estimates (US$ Mn), by Solution, 2019 – 2032
- Adaptive Cruise Control (ACC)
- Adaptive Front Light (AFL)
- Automatic Emergency Braking (AEB)
- Blind Spot Detection (BSD)
- Cross Traffic Alert (CTA)
- Driver Monitoring System (DMS)
- Forward Collision Warning (FCW)
- Intelligent Park Assist (IPA)
- Lane Departure Warning (LDW)
- Night Vision System (NVS)
- Pedestrian Detection System (PDS)
- Others
- South America ADAS Market Estimates (US$ Mn), by Vehicle Type, 2019 – 2032
- Passenger vehicle
- Light commercial vehicle
- Heavy commercial vehicle
- South America ADAS Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – ADAS Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- Aptiv
- Business overview
- Geographic presence
- Product portfolio
- Financial facts
- Channel partners
- Relevant news and strategic view
- Continental AG
- Cypress Semiconductor Corporation
- DENSO Corporation
- HYUNDAI MOBIS
- Infineon Technologies AG
- Intel Corporation
- Magna International Inc.
- Socionext Inc.
- Microsemi Corporation
- Nvidia Corporation
- Robert Bosch GmbH
- SAMSUNG
- Texas Instruments Incorporated
- Valeo
- Veoneer
- Xilinx, Inc.
- ZF Friedrichshafen AG.
- Aptiv
- Conclusion & Recommendations
Frequently asked questions about this report
What is the Compound Annual Growth Rate (CAGR) of the advanced driver assistance system market through 2030?
The global advanced driver assistance system market is estimated to exhibit a CAGR of 9% through 2030.
What are the factors driving the advanced driver assistance system market?
Increased number of road accidents, rising emphasis on improving occupant safety, and increased investment in electric autonomous vehicle are the key factors fueling the growth of the global advanced driver assistance system market.
How is the regional performance of the market?
Europe contributed the largest share to the global advanced driver assistance system market in 2019 owing to the presence of leading advanced driver assistance system vendors and automotive OEMs across major countries.
What are the different vehicle types of advanced driver assistance system used?
Based on vehicle type, the advanced driver assistance system market is segmented into passenger vehicle, light commercial vehicle, heavy commercial vehicle, and others.
Who are the prominent market players in the market?
Continental AG, DENSO Corporation, HYUNDAI MOBIS, Robert Bosch GmbH and Texas Instruments Incorporated are the top 5 xxx manufacturers.