Higher demand for luxury cars & government regulations for vehicle and driver safety is driving the global advanced driver assistance systems market. The global ADAS market size is estimated to reach US$ 81.1 Bn by 2025.
— The research report on ‘global advanced driver assistance systems market’ offers an in-depth analysis and market size, growth factors, future and current trends, and market opportunities over the prediction period. The report also focuses on the market segmentation such as system type, component, vehicle type, and geographical regions. This report on global advanced driver assistance systems market is elaborate, comprehensive and also focusses on the vendor network operating for this market. However, the report majorly profiles the significant vendors and studies market competencies and market share.
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The global advanced driver assistance systems market size valued as US$ 16.35 billion from US$ 81.14 billion by 2025. Growing emphasize on customer safety, increasing government rules and regulations, and growing comfort requirements are some key factors boosting the global advanced driver assistance systems market growth. In addition, some other factors such as inflation, difficulty & complexity, and pricing structure in testing system hindering the global advanced driver assistance systems market growth. However, the raised electronic deployments, trends, and integration are key trends in global advanced driver assistance systems market growth.
The global advanced driver assistance systems market segmentation is done with the help of components, sensors, vehicle type, and geographical regions. By components, this market is sub-segmented into hardware and software. However, the hardware segment is dominated for the highest global advanced driver assistance systems market share of 84.7%. Likewise, the software segment will grow in fast pace into coming years.
By sensor, the global ADAS market is sub-segmented into radar, camera, ultrasonic, and lidar. In between these, the ultrasonic segment is one of the major segments which is accounted for the highest global advanced driver assistance systems market share of 58.0% in the years 2018.
The market is divided into light commercial vehicles, heavy commercial vehicles and passenger cars. The segment most dominant is PC for the global advanced driver assistance systems market. This segment contributes more than 60 percent.
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Based on the system, the global advanced driver assistance systems market is divided into Adaptive Front Light, Blind spot Detection, Adaptive Cruise Control, Cross traffic Alert, forward collision warning, and many others. In between these, the forward collision warning segment accounted for the maximum global advanced driver assistance systems market share of 5.71%.
By geographical regions, this market has been categorized into Europe, North America, Asia Pacific, MEA, and Central & South America.
This market is very competitive. Some key vendors existed in this market include: Mobileye, Magna International, Continental AG, and Hyundai Mobis.
Segment overview of Global ADAS Market
Sensors Overview, 2015-2025 (USD Billion)
System Overview, 2015-2025 (USD Billion)
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)
Park Assist (PA)
Lane Departure Warning (LDW)
Night Vision System (NVS)
Pedestrian Detection System (PDS)
Road Sign Recognition (RSR)
Traffic Jam Assist (TJA)
Vehicle Type Overview, 2015-2025 (USD Billion)
Component Overview, 2015-2025 (USD Billion)
Regional Overview, 2015-2025 (USD Billion)
Rest of Europe
Rest of APAC
Central & South America
Rest of Latin America
Middle East and Africa
Who should buy this report?
This study is suitable for industry participants and stakeholders in the Global ADAS market. The report will benefit:
Executives of ADAS design and development companies
Executives from Automotive companies who are evaluating the applications and vendors of ADAS.
Managers within financial institutions looking to publish recent and forecasted statistics pertaining to the global ADAS market.
Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative global ADAS market.
Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Some Points from Table of Content:
Chapter 1 Executive Summary
Chapter 2 Research Approach & Methodology
Chapter 3 Market Outlook
Chapter 4 Global ADAS Market Overview, By Sensors
Chapter 5 Global ADAS Market Overview, By System
Chapter 6 Global ADAS Market Overview, By Vehicle Type
Chapter 7 Global ADAS Market Overview, By Component
Chapter 8. Global ADAS Market Overview, By Region
Chapter 9 Industry Structure
Chapter 10 Company Profiles
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Organization: Adroit Market Research
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