Advanced Driver Assistance System (ADAS) Market Size, Share & Trends Analysis Report 2020-2027

Advanced Driver Assistance System (ADAS) Market Size Share & Trends Analysis Market By System Type (Adaptive Cruise Control, Autonomous Emergency Braking, Lane Departure Monitoring System, Adaptive Front Lights, Blind Spot Detection, Tire Pressure Monitoring System, Park Assistance, And Others) Component Type (Processor, Sensors, And Others), Vehicle Type (Passenger Car, Light Commercial Vehicles, And Heavy Commercial Vehicle), and regional analysis 2020-2027
  • Report Summary
  • Table of Content
  • Segmentation
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Advanced Driver Assistance (ADAS) Market Overview

The global advanced driver assistance system (ADAS) market was estimated at USD 29.85 Billion in 2019 and it is anticipated to reach USD 128.52 Billion by 2027 as per the new intelligence report published by Confianza market research & consultancy. The market is expected to grow at a CAGR  of 13.5 % over the forecast period. statistics that are gathered through intense primary and secondary research.

Growing demand for driving safety and stringent government regulations to reduce on-road accidents is expected to boost the ADAS market growth between 2020 to 2027. The introduction of advanced technologies such as augmented reality (AR) and machine learning is further growing the advanced driver assistance system (ADAS) market. There is an increasing trend for vehicle production and sales in developing countries such as China, India, Brazil, and Taiwan, which further increases demand for ADAS in the regional market.

There is considerable growth in demand for vehicle safety features as the number of on-road accidents has grown significantly in the last few years. Manufacturers are considering standard fit ADAS systems such as adaptive cruise control, lane departure warning system into their top and mid-range models. Additionally, lowering prices of aftermarket ADAS is projected to further boost the market growth.

ADAS Market Overview 2020-2027

System Type Overview

The market is segmented based on the system type into adaptive cruise control, autonomous emergency braking, lane departure monitoring system, adaptive front lights, blind spot detection, tire pressure monitoring system, park assistance, and others. The adaptive cruise control system accounted for the largest market share in 2019, as governments of various countries have mandated these systems in commercial vehicles in order to reduce on-road accidents.

The tire pressure monitoring system is anticipated to gain significance in the upcoming years, as the aftermarket prices for TPMS has decreased significantly since the last few years. Park Assistance system is the most popular system used across the globe, the system is low cost thus has a high adoption rate compared to other systems.

Component Type Overview

The market is segmented based on the component type into the processor, sensors, and others. Sensors are the key component in ADAS, there are different types of sensors used in these systems such as RADAR, Lidar, Ultrasonic, Camera among others. The Lidar sensor market is anticipated to gain significant growth by 2027, as the automotive industry is moving towards self-driving vehicles.

The Ultrasonic and Camera sensors are the most widely used sensors for ADAS. These sensors are primarily used in the park assist system, lane departure warning system, and adaptive cruise control. Intel Corporation has recently collaborated with different companies for their ECU consolidation project, the company is trying to reduce the number of ECUs used for each separate ADAS currently in order to reduce prices and improve the accuracy of ADAS.

ADAS Market Share Analysis, By Vehicle Type, 2019

Vehicle Type Overview

The market is segmented based on the vehicle type into passenger cars, Light Commercial Vehicles (LCV), and Heavy Commercial Vehicle (HCV). The heavy commercial vehicle segment that includes trucks, buses, and other heavy vehicles is expected to grow at the highest CAGR over the forecast period as the European Union has mandated fitting of ADAS such as Adaptive Cruise Control and Automated Emergency Brakes in all HCV.

Declining demand for passenger cars in mid-2020 owing top global economic slowdown has affected the market significantly, however, the passenger cars still hold a maximum market share for ADAS. The light commercial vehicle segment shall moderately perform over the forecast period, the growth may increase if the industry offering and demand increase over the forecast period.

Regional Overview

The market is bifurcated based on the region into North America, Europe, Asia Pacific, and LAMEA. Europe is the largest manufacturer of passenger cars & commercial vehicles are leading the market with greater than 30% market share in 2018, however, the market is slightly affected by political & economic situations such as BREXIT and Increasing raw material prices.

The MEA region is projected to gain significant market share by 2025, as the demand for luxury passenger cars is growing steadily in the region. Asia Pacific is the leading ADAS hardware manufacturer and exporter, thus holds considerable global market share.

ADAS Market Regional Analysis, 2019

 

Advanced Driver Assistance System (ADAS) Market Share Analysis

Companies such as Robert Bosch, Mobileye N.V., Autoliv Inc, Aptiv, ZF Friedrichshafen, Magna International, Intel Incorporation accounted for maximum market share in 2018. Companies around the world are investing in research and development activities to improve accuracy and to reduce the unit costs of ADAS. New product development, existing product up-gradation, collaboration are a few key strategies adopted by companies in this industry to gain maximum market share.

ADAS Market Report Features

FeatureDetails
Base year for estimation2019
Historical years2017 – 2019
Forecast period2020 – 2027
Data representation                                                Revenue in USD Billion, and CAGR from 2017 to 2027
Regional scopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa
Country scopeU.S., Canada, Germany, United Kingdom, China, India, Japan, Brazil, Mexico.
Report coverage             ·         Revenue estimates & forecast

·         company shares

·         competitive landscape

·         growth factors and trends

20% Free pre-sale customizationWe can provide you additional data as per your requirement as a part of customization along with the standard report.

 

Market Dynamics

Market Drivers
  • Growing demand for driving safety features
  • Stringent on-road safety rules and regulations
  • Growing demand for driving comfort & convenience.
Market Restraint
  • High initial cost and complex structure
  • Lower efficiency in bad weather conditions
Market Opportunities
  • Growing demand for electric vehicles
  • The advent of the multifunctional system

Market Segmentation

For the purpose of this study, the ADAS market has been segregated into the following key segments.

  • ADAS Solution Type Insights (Revenue, USD Million, 2017 – 2027)
    • Adaptive Cruise Control
    • Blind Spot Detection System
    • Park assistance
    • Lane Departure Warning System
    • Tire Pressure Monitoring System
    • Autonomous Emergency Braking
    • Adaptive Front Lights
  • ADAS Component Type Insights (Revenue, USD Million, 2017 – 2027)
    • Processor
    • Sensors
    • Software
    • Others
  • ADAS Vehicle Type Insights (Revenue, USD Million, 2017 – 2027)
    • Passenger car
    • Commercial vehicle
  • ADAS Regional Insights (Revenue, USD Million, 2017 – 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • UAE
      • KSA

 

Table of Content

  • Research Methodology & Scope
    • Research Scope
      • Market Segmentation
      • Market Definitions
    • Research Methodology
      • Information Procurement
      • Research Process
      • Data Refining
      • List of Data Sources
        • Primary Sources
        • Secondary Sources
  • Executive Summary
    • Global Market Overview
    • Global ADAS Market, 2017 -2027 (USD Billion)
    • Market, By Solution Type, 2017 -2027 (USD Billion)
    • Market, By Component Type, 2017 -2027 (USD Billion
    • Market, By Vehicle Type, 2017 -2027 (USD Billion)
  • Market, By Region, 2017 -2027 (USD Billion)
  • Qualitative Insights
    • Market Dynamics
      • Driver Analysis
      • Restraint Analysis
      • Opportunity Analysis
      • Challenges Analysis
    • Porters Analysis
    • PESTEL Analysis
      • Political Impact Analysis
      • Economic impact Analysis
      • Social Impact Analysis
      • Technological Impact Analysis
      • Environmental Impact Analysis
      • Legal Impact Analysis
    • Industry Value Chain Analysis
  • Global ADAS Market, By Solution Type Type, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 & 2027 (%)
      • Segment Trends
    • Adaptive Cruise Control
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Blind Spot Detection System
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Park assistance
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Lane Departure Warning System
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Tire Pressure Monitoring System
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Autonomous Emergency Braking
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Adaptive Front Lights
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
  • Global ADAS Market, By Component Type, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 & 2027 (%)
      • Segment Trends
    • Processor
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Sensors
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Software
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Others
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
  • Global ADAS Market, By Vehicle Type, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 & 2027 (%)
      • Segment Trends
    • Passenger car
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
    • Commercial vehicle
      • Introduction
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
      • Market Size Estimation & Forecast, 2020-2027, (US$ Million)
  • Global ADAS Market Regional Outlook & Trends Analysis
    • Regional Insights
    • North America
      • Market size estimates & forecast, by Solution Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Component Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Vehicle Type, 2020-2027, (US$ Million)
      • The U.S.
      • Canada
    • Europe
      • Market size estimates & forecast, by Solution Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Component Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Vehicle Type, 2020-2027, (US$ Million)
      • UK
      • Germany
      • France
      • Spain
    • Asia Pacific
      • Market size estimates & forecast, by Solution Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Component Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Vehicle Type, 2020-2027, (US$ Million)
      • China
      • India
      • Japan
      • Taiwan
      • South Korea
    • Latin America
      • Market size estimates & forecast, by Solution Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Component Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Vehicle Type, 2020-2027, (US$ Million)
      • Brazil
      • Mexico
    • Middle East & Africa
      • Market size estimates & forecast, by Solution Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Component Type, 2020-2027, (US$ Million)
      • Market size estimates & forecast, by Vehicle Type, 2020-2027, (US$ Million)
      • UAE
      • Kingdom of Saudi Arabia
  • Global ADAS Market: Competitive Landscape
    • Autoliv Inc.
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Continental AG
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Denso Corporation
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Garmin Ltd.
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Infineon Technologies AG
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Mobileye N.V.
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Magna International, Inc.
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Robert Bosch GmbH
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Valeo S.A.
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Wabco Holdings Inc.
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Altera Corporation (Intel PSG)
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Atmel Corporation
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Cypress Semiconductor Corporation
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Intel Corporation
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Lattice Semiconductor Corporation
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Microsemi Corporation
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Texas Instruments
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives
    • Xilinx, Inc.
      • Company Overview
      • Financial Summary
      • Product Benchmarking
      • Strategic Initiatives

Market Segmentation

  • Global ADAS Market Solution Type Overview (Revenue, USD Million, 2017 – 2027)
    • Adaptive Cruise Control
    • Blind Spot Detection System
    • Park assistance
    • Lane Departure Warning System
    • Tire Pressure Monitoring System
    • Autonomous Emergency Braking
    • Adaptive Front Lights
  • Global ADAS Market Component Type Overview (Revenue, USD Million, 2017 – 2027)
    • Processor
    • Sensors
    • Software
    • Others
  • Global ADAS Market Vehicle Type Overview (Revenue, USD Million, 2017 – 2027)
    • Passenger car
    • Commercial vehicle
  • Global ADAS Market Regional Overview (Revenue, USD Million, 2017 – 2027)
    • North America
      • US.
      • Canada
    • Europe
      • UK
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • UAE
      • KSA

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