ADAS Market

ADAS Market by Offering (Hardware (Camera, Radar, LiDAR, Ultrasonic, ECU), Software (Middleware, Application Software & OS)), System Type, Vehicle Type (PC, LCV, HCV), Level of Autonomy, Vehicle Class, EV type and Region - Global Forecast to 2030

Published ON Mar, 2024
Report Code AT 2068
Report Code: AT 2068 Mar, 2024, by marketsandmarkets.com

[400 Pages Report] The global ADAS market size is projected to grow from 334 million units in 2024 to 655 million units by 2030, at a CAGR of 11.9%. The ADAS market is witnessing robust growth driven by increasing demand for electric and autonomous vehicles, which may drive the market for ADAS systems.

ADAS Market

To know about the assumptions considered for the study, Request for Free Sample Report

ADAS Market Opportunities

To know about the assumptions considered for the study, download the pdf brochure

ADAS MARKET:

Driver: Increased focus on Vehicle Safety

With road safety becoming a global concern, governments, regulatory bodies, and consumers are emphasizing implementing advanced safety features in vehicles to mitigate the risk of accidents and enhance overall safety standards. This heightened focus is driven by alarming statistics of road traffic fatalities and injuries, prompting automakers and regulatory bodies to take proactive measures to address this pressing issue. Governments are enacting stringent regulations and safety standards mandating the integration ADAS technologies into vehicles to improve safety outcomes and reduce the likelihood of accidents. These regulations range from basic requirements for essential safety features like anti-lock braking systems (ABS) and electronic stability control (ESC) to more advanced ADAS functionalities such as collision avoidance systems, lane departure warning systems, and adaptive cruise control. Furthermore, regulatory bodies are implementing crash test ratings and safety assessment programs that incentivize automakers to prioritize safety in vehicle design and manufacturing processes. As a result, automotive manufacturers are increasingly investing in research and development to innovate and integrate ADAS technologies into their vehicle models to comply with regulatory requirements and meet consumer demand for safer vehicles.

Restraint: Lack of adequate infrastructure

The lack of proper infrastructure presents a significant market restraint for the widespread adoption of Advanced Driver Assistance Systems (ADAS). While ADAS technologies offer promising advancements in automotive safety and efficiency, their effectiveness heavily relies on supportive infrastructure, particularly communication networks and road infrastructure. To work effectively, ADAS needs basic infrastructure like well-marked roads, lane markings, and GPS connections. There needs to be good connectivity infrastructure for V2V and V2X communications to work well. On highways, information like lane changes, detecting objects, distances between vehicles, traffic updates, and services like navigation and connectivity are crucial, especially for semi-autonomous and autonomous trucks. However, because highways often have limited network connections, vehicles can't always connect to cloud data. In developing countries like Mexico, Brazil, and India, the IT infrastructure on highways is still growing slowly compared to developed countries. Without adequate infrastructure, certain ADAS features, such as vehicle-to-infrastructure (V2I) communication and real-time traffic data integration, may be limited in functionality or rendered ineffective.

Moreover, the absence of standardized infrastructure across regions can pose integration challenges for automotive manufacturers, hindering the seamless implementation of ADAS systems. In rural or less-developed areas where infrastructure investment may be lacking, the utility and reliability of ADAS technologies may be compromised, affecting their appeal to consumers and slowing down market penetration. Addressing this restraint necessitates collaborative efforts between governments, infrastructure providers, and automotive industry stakeholders to prioritize infrastructure development that supports the deployment and scalability of ADAS technologies, thereby unlocking their full potential in enhancing road safety and driving experiences.

Opportunity: Advancements in autonomous vehicle technology

The rise of autonomous vehicles is set to revolutionize commuting, with ADAS technologies simplifying driving tasks through features like lane monitoring and emergency braking. Autonomous vehicles utilize advanced technologies such as LiDAR, radar, and high-definition cameras to gather data, which is then analyzed by onboard autonomous systems to navigate safely. Algorithms in autonomous vehicles improve accuracy through continuous learning and data sharing among vehicles. The Vehicular Ad hoc Network (VANET) is a recent advancement which enables vehicle-to-vehicle communication for applications like accident notifications and traffic alerts. Companies like Google, Tesla, and Audi are at the forefront of self-driving car technology development. Waymo, for instance, integrates medium and long-range LiDAR and high-resolution cameras for comprehensive visibility, while radar systems track objects effectively in weather conditions like snow and rain. Additionally, a new vehicle network technology, Automotive Ethernet, is expected to significantly improve ADAS functionalities and fuel the development of autonomous vehicles. Automotive ethernet provides ADAS with the high bandwidth and low latency needed for real-time decision-making, which is necessary for features like AEB, LDW, ACC, and more. Recent IEEE standards, such as 802.3cz (Multi-Gigabit Glass Optical Fiber Automotive Ethernet) and 802.3ch (2.5/5/10 Gbps), will further enhance Automotive Ethernet, ensuring reliable data delivery crucial for real-time ADAS. Major OEMs and e-hailing service providers such as General Motors (US), Ford (US), Uber (US), Lyft (US), and Waymo (US) have launched robotaxi trials in the US. DeepRoute.ai (China) introduced the Driver 3.0 HD Map free innovative driving solution in 2023, marking China's first navigation system not dependent on high-definition maps and capable of point-to-point navigation across all regions.

Challenge: Higher cost of ADAS integration

ADAS systems consist of different components whose configuration varies based on the features and technology employed. These systems typically include microcontroller units, electronic control units, and various sensors like radar, LIDAR, ultrasonic, image, radio, laser, and infrared sensors. The setup and cost of these components vary depending on the car segment and the type of ADAS installed. Additionally, they incorporate a human-machine interface to assist or alert the driver. Current driver assistance features aim to alert the driver, adjust vehicle speed, and manage engine fuel supply based on external or internal vehicle conditions. These functions require sophisticated technology, which adds complexity and cost to ADAS systems, limiting their availability to premium vehicles. The growing demand for autonomous vehicles and consumer expectations intensifies competition among OEMs, driving innovation in the automotive industry. Regulatory compliance also fuels innovation and the increasing use of software-driven electronic components in vehicles. However, the installation of new ADAS features, driven by consumer demand or regulations, raises overall vehicle costs. While this isn't a concern for premium cars, it's a significant factor for smaller segments. The rising vehicle cost may hinder ADAS market growth, prompting automakers to offer efficient driver assistance features at competitive prices.

ADAS Market: Ecosystem

The ecosystem mapping highlights various ADAS market involves the design, development, validation, prototyping, and manufacturing support for various ADAS systems and subsystems. In the ADAS market ecosystem, component providers supply crucial elements like semiconductors, sensors, and controllers used in vehicle radar and sensing systems, control modules, and power electronics for ADAS, automated driving, and safety systems. Leading Tier 1 providers such as Robert Bosch, Denso, Continental AG, ZF, Mobileye, and Valeo play pivotal roles in integrating advanced driver assistance systems into vehicle models through partnerships and agreements with component manufacturers and technology providers. Software companies within the ecosystem collaborate with these providers or develop their systems to enhance ADAS functionalities. Additionally, service providers like ride-sharing operators deliver ADAS-enabled services directly to end-users.

Top Companies in ADAS Market

Battery Electric Vehicle segment is estimated to exhibit the fastest growth in the global ADAS market

BEVs are in increasing demand due to concerns about emission reductions worldwide. Due to the low availability of charging stations and the high cost of EV batteries, BEVs had a low demand. However, the demand for BEVs has increased significantly due to the decreasing cost of EV batteries at a fast and steady rate, increasing EV range, and a growing EV charging network worldwide. The escalating global demand for Battery Electric Vehicles (BEVs) arises from mounting apprehensions regarding emission reduction efforts on a global scale. Previously, BEVs faced limited demand attributable to factors such as the sparse availability of charging infrastructure and the high cost associated with EV batteries. However, the landscape has shifted markedly, with BEVs experiencing a notable surge in demand. This resurgence can be attributed to the rapid and consistent decline in the cost of EV batteries, concurrent with enhancements in EV range capabilities and the proliferation of EV charging infrastructure networks worldwide.

The hardware segment is expected to grow significantly in the ADAS market during the forecast period.

Ongoing enhancements in Advanced Driver Assistance Systems (ADAS) have spurred heightened demand for multi-camera systems within automotive contexts. Prominent Original Equipment Manufacturers (OEMs) now employ a blend of cameras to encompass surround-view functionalities. Images captured by diverse cameras affixed to the vehicle periphery are seamlessly combined to generate a panoramic representation of the surrounding driving milieu. Supplementary elements such as radar sensors are integrated into safety systems to elevate safety ratings and adhere to regulatory standards. In contrast to cameras, radar sensors remain resilient to adverse weather and low-light scenarios. Diverse radar configurations readily discern the velocity, trajectory, and proximity of objects surrounding the vehicle. As cars are upgraded to become safer and sustainable, demand for semiconductors has led to increased investments by major players in developing advanced chipsets. For instance, in August 2023, Horizon Robotics, Aptiv, and Wind River partnered to create hardware and software for ADAS and automated driving.

Similarly, in September 2023, JOYNEXT and Horizon Robotics Deepen their Cooperation and showcased ADAS Domain Controllers at IAA Mobility. Tesla (US) also developed a computer chip to train its automated driving system. The D1 chip uses a 7 nm manufacturing process with a processing power of 362 teraflops. Such strategies fuel opportunities for sensors in the ADAS market.

Camera Unit segment is expected to see substantial growth in ADAS market during the forecast period.

A camera unit is used in intelligent park assist, pedestrian detection systems, lane departure warning systems, blind-spot monitoring systems, and others. Camera-based systems are commonly deployed in a car's front, side, and rear to provide driving and parking assistance. Front camera systems are most widely mounted behind the rear-view mirror; rear cameras are mounted near the rear license number plate, while side cameras are mounted adjacent to the mirrors on both sides. The primary function of an ADAS front camera (FC) system is to identify and capture images of specified objects, including pedestrians, other vehicles, and similar entities. This system encompasses a lens, sensors responsible for image capture, and an embedded processor chip designed to identify the objects of interest. The heightened awareness of safety among consumers may positively influence the demand for camera units. Side-view, rear-view, and wing-mirror cameras are extensively integrated into automotive systems, with increasing adoption observed in mid-segment and premium vehicles. Features such as blind-spot detection, park assistance, surround-view systems, and visual pillars are implemented in semi-autonomous and autonomous vehicles utilizing camera technology alongside other systems such as radar and LIDAR. Most luxury vehicles are equipped with an array of advanced driver assistance systems, including driver monitoring systems, intelligent park systems, pedestrian detection systems, lane departure warning systems, and blind-spot monitoring systems, all of which incorporate cameras. For instance, ZF Friedrichshafen AG launched Smart Camera 6 for ADAS systems and automated driving. Smart Camera 6 has a 120-degree field of view, more than 4x higher picture resolution (8 megapixels) than the previous model, and more processing power to support sophisticated tasks in January 2023.

"The European ADAS market is projected to grow fastest by 2030."

Europe is estimated to be the fastest ADAS market by 2030. Despite the recent global automotive slowdown, the European automotive market has consistently grown over the past six years. This was evident in January 2024, when the European Union's new car market rebounded with a robust 12.1% year-on-year increase in car registrations, totaling 851,690 units, following a slowdown in December 2023. Leading European automotive manufacturers have offered high-performance engines and advanced safety features to maintain competitiveness. Sales of passenger cars by major automakers such as the Volkswagen Group, Mercedes-Benz, Renault, Hyundai, BMW, Toyota, and Stellantis have fueled demand for ADAS-enabled vehicles in the region.

Strict emission regulations and zero-emission objectives in Europe will significantly impact manufacturers of both passenger cars and commercial vehicles. The expansion of the European ADAS market is driven by technological progress in driver assistance features like traffic jam assist and blind-spot detection with rear cross-traffic, as well as mandates established since July 2022 for features such as DMS, AEB, and LCW in passenger cars. The increasing transition to electric vehicles (EVs), coupled with rising concerns for road safety and heightened consumer awareness, will further boost the demand for ADAS in the region.

Europe ADAS Market Size, and Share

Key Market Players

The global ADAS market is dominated by major players such as Robert Bosch (Germany), ZF Friedrichshafen (Germany), Continental AG (Germany), Denso (Japan), Magna International (Canada), Mobileye (Jerusalem), among others.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Market size available for years

2019–2030

Base year considered

2024

Forecast period

2024-2030

Forecast units

Value (USD Thousand)

Segments Covered

Vehicle Class, Level of Autonomy, Vehicle type, Electric Vehicle Type, System Type, By offering and Region

Geographies covered

Asia Pacific, Europe, North America, and the Rest Of The World

Companies Covered

Robert Bosch (Germany), ZF Frierdrichshafen (Germany), Continental AG (Germany), Denso (Japan), Magna International (Canada), Mobileye (Jeruselam)
More than 25 major players are covered under the report.

This research report categorizes the ADAS market based on System Type, EV Type, Vehicle Class, Level of Autonomy, offering, Vehicle Type, and Region

ADAS Market, By Vehicle Type:
  • Passenger Cars
  • Light Commercial Vehicle
  • Trucks
  • Buses
ADAS Market, By System Type:
  • Adaptive Cruise Control
  • Adaptive Front Light
  • Adaptive Emergency Braking
  • Blind spot detection
  • Cross-traffic Alert
  • Driver Monitoring System
  • Intelligent Park Assist
  • Forward Collision Warning
  • Lane Departure Warning
  • Night Vision System
  • Pedestrian Detection System
  • Road Sign Detection
  • Tire Pressure Monitoring System
  • Traffic Jam Assist
ADAS Market, By Electric Vehicle Type:
  • BEV
  • FCEV
  • HEV
  • PHEV
ADAS Market, By Level Of Autonomy:
  • L1
  • L2
  • L3
  • L4
  • L5
ADAS Market, By offering:
  • Hardware
    • Camera Unit
    • Radar Sensor
    • Ultrasonic Sensor
    • LiDAR
    • ECU
    • Others (actuators, Infrared sensors, etc.)
  • Software
    • Middleware
    • Application Software
    • Operating System
ADAS Market, By Region
  • Asia Pacific
  • Europe
  • North America
  • Rest Of The World
ADAS Market, Vehicle Class
  • Asia Pacific
  • Europe
  • North America
  • Rest Of The World

Recent Developments

  • In February 2024, ZF Friedrichshafen AG launched ZF Aftermarket OnLaneALERT, a new front camera module for LDW in commercial vehicles.
  • In February 2024, Robert Bosch GmbH announced that it is teaming up with Microsoft to develop and research generative AI and how to integrate it within vehicle features such as automated driving.
  • In February 2024, Continental AG revealed its new 8MP automotive camera. The satellite camera will help automakers with features like autonomous driving platform, parking assist, 3D surround view, and more.
  • In December 2023, Robert Bosch GmbH announced that it would showcase a new vehicle computer called Cockpit & ADAS integration platform. The foundation of this new computer is a single SoC that executes a number of operations from the infotainment and driver assistance domains simultaneously. This features autonomous parking, lane detection, smart, tailored navigation, and voice assistance. Advantages for car makers include reduced space and required cabling, resulting in cheaper costs.
  • In December 2023, Telechips, a semiconductor manufacturer from South Korea, announced that Continental AG has supplied its Dolphin System on Chip (SoC) family. The SoC is tailored to the pre-integrated function set of Continental's Smart Cockpit High-Performance Computers (HPCs), providing optimal system performance for cluster, infotainment, and ADAS.
  • In October 2023, Denso Corporation announced that it would collaborate with KOITO MANUFACTURING CO., LTD. (Japan) to develop a system to improve the object recognition rate of vehicle image sensors at night. The solution is expected to work with coordinating lamps and image sensors, which will improve driving safety during nighttime.
  • In June 2023, Continental AG presented a high-performance computer (HPC) that provides optimal system performance for a pre-integrated set of automobile operations. The Smart Cockpit HPC integrates a variety of domains and services, including cluster, infotainment (display, radio, phone, phone mirroring, and navigation), and Advanced Driver-Assistance Systems (ADAS).
  • In May 2023, Robert Bosch GmbH announced that it would collaborate with Plus to develop an assisted driving solution for commercial vehicles.
  • In March 2023, Robert Bosch GmbH advanced driver assistance system controller combines radar, video, lidar, ultrasound, and complex algorithms for precise 360° environment modeling, ensuring safe vehicle behavior even at high speeds.
  • In January 2023, ZF Friedrichshafen AG launched Smart Camera 6 for ADAS systems and automated driving. Smart Camera 6 has a 120-degree field of view, more than 4x higher picture resolution (8 megapixels) than the previous model, and more processing power to support sophisticated features such as AEB, Automated parking, and more.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION 
    1.1 OBJECTIVES OF THE STUDY 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE  
           1.3.1 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY & PRICING 
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES   
           1.6.1 RECESSION IMPACT
 
2 RESEARCH METHODOLOGY 
    2.1 RESEARCH DATA 
           2.1.1 SECONDARY DATA
           2.1.2 Key secondary sources
           2.1.3 Key data from secondary sources
           2.1.4 PRIMARY DATA
           2.1.5 List of primary participants
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN & DATA TRIANGULATION 
    2.4 FACTOR ANALYSIS 
    2.5 RESEARCH ASSUMPTIONS 
    2.6 IMPACT OF RECESSION 
    2.7 RESEARCH LIMITATIONS 
 
3 EXECUTIVE SUMMARY 
 
4 PREMIUM INSIGHTS 
 
5 MARKET OVERVIEW 
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           5.2.1 DRIVERS
           5.2.2 RESTRAINTS
           5.2.3 OPPORTUNITIES
           5.2.4 CHALLENGES
           5.2.5 IMPACT ANALYSIS OF MARKET DYNAMICS
    5.3 PRICING ANALYSIS 
           5.3.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY VEHICLE TYPE
           5.3.2 AVERAGE SELLING PRICE TREND, BY REGION
    5.4 ECOSYSTEM ANALYSIS 
    5.5 VALUE CHAIN ANALYSIS 
    5.6 CASE STUDY ANALYSIS 
    5.7 INVESTMENTS AND FUNDING SCENARIO  
    5.8 FUNDING, BY USE-CASE/APPLICATION  
    5.9 PATENT ANALYSIS 
    5.10 TECHNOLOGY ANALYSIS   
           5.10.1 KEY TECHNOLOGIES
           5.10.2 COMPLIMENTARY TECHNOLOGY
           5.10.3 ADJACENT TECHNOLOGY
    5.11 ADAS OFFERINGS, BY KEY PLAYERS 
    5.12 TRADE ANALYSIS 
    5.13 REGULATORY OVERVIEW  
           5.13.1 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
    5.14 KEY CONFERENCES & EVENTS IN 2024 & 2025 
    5.15 KEY STAKEHOLDERS & BUYING CRITERIA 
           5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
           5.15.2 BUYING CRITERIA
    5.16 TRENDS & DISRUPTIONS IMPACTING THE MARKET 
 
6 ADAS MARKET, BY VEHICLE CLASS 
    6.1 INTRODUCTION 
    6.2 ASIA PACIFIC 
    6.3 EUROPE 
    6.4 NORTH AMERICA 
    6.5 REST OF THE WORLD 
    6.6 KEY PRIMARY INSIGHTS 
Note: MnM will provide the mapping of top-selling vehicle model mapping w.r.t ADAS feature. Also, MnM will deliver the trends of ADAS features by region.
 
7 ADAS MARKET, BY LEVEL OF AUTONOMY 
    7.1 INTRODUCTION 
    7.2 L1 
    7.3 L2 
    7.4 L3 
    7.5 L4 
    7.6 L5 
    7.7 KEY PRIMARY INSIGHTS 
Note: MnM will provide the market size in terms of volume and value at country level
 
8 ADAS MARKET, BY VEHICLE TYPE 
    8.1 INTRODUCTION 
    8.2 PASSENGER CAR 
    8.3 LIGHT COMMERCIAL VEHICLE 
    8.4 TRUCK 
    8.5 BUSE 
    8.6 KEY PRIMARY INSIGHTS 
Note: MnM will provide the market size in terms of volume and value at the regional level
 
9 ADAS MARKET, BY ELECTRIC VEHICLE TYPE 
    9.1 INTRODUCTION 
    9.2 BATTERY ELECTRIC VEHICLE (BEV) 
    9.3 FUEL CELL ELECTRIC VEHICLE (FCEV) 
    9.4 HYBRID ELECTRIC VEHICLE (HEV) 
    9.5 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) 
    9.6 KEY PRIMARY INSIGHTS 
Note: MnM will provide the market size in terms of volume and value at the regional level
 
10  ADAS MARKET, BY SYSTEM 
     10.1 INTRODUCTION 
     10.2 ADAPTIVE CRUISE CONTROL 
     10.3 AUTOMATIC FRONT LIGHT 
     10.4 AUTOMATIC EMERGENCY BRAKING 
     10.5 BLIND SPOT DETECTION 
     10.6 CROSS-TRAFFIC ALERT 
     10.7 DRIVER MONITORING SYSTEM 
     10.8 FORWARD COLLISION WARNING 
     10.9 INTELLIGENT PARK ASSIST 
     10.1 LANE DEPARTURE WARNING 
     10.11 NIGHT VISION SYSTEM 
     10.12 PEDESTRIAN DETECTION SYSTEM 
     10.13 ROAD SIGN RECOGNITION 
     10.14 TIRE PRESSURE MONITORING SYSTEM 
     10.15 TRAFFIC JAM ASSIST 
     10.16 KEY PRIMARY INSIGHTS 
Note: MnM will provide the market size in terms of volume and value at the regional level
 
11 ADAS MARKET, BY OFFERING  
     11.1 INTRODUCTION 
     11.2 HARDWARE 
             11.2.1 CAMERA UNIT
             11.2.2 LIDAR
             11.2.3 RADAR SENSORS
             11.2.4 ULTRASONIC SENSORS
             11.2.5 INFRARED SENSORS
             11.2.6 ECU
     11.3 SOFTWARE 
             11.3.1 MIDDLEWARE
             11.3.2 APPLICATION SOFTWARE
             11.3.3 OPERATING SYSTEMS
     11.4 KEY PRIMARY INSIGHTS 
 Note: MnM will provide market size in terms of volume and value at the regional level
 
12 ADAS MARKET, BY REGION 
     12.1 INTRODUCTION 
     12.2 ASIA PACIFIC 
             12.2.1 RECESSION IMPACT 
             12.2.2 CHINA
             12.2.3 INDIA
             12.2.4 JAPAN
             12.2.5 SOUTH KOREA
             12.2.6 THAILAND
             12.2.7 INDONESIA
             12.2.8 REST OF ASIA PACIFIC
     12.3 EUROPE  
             12.3.1 RECESSION IMPACT 
             12.3.2 GERMANY
             12.3.3 FRANCE
             12.3.4 ITALY
             12.3.5 SPAIN
             12.3.6 RUSSIA
             12.3.7 UK
             12.3.8 TURKEY
             12.3.9 REST OF EUROPE
     12.4 NORTH AMERICA 
             12.4.1 RECESSION IMPACT 
             12.4.2 US
             12.4.3 CANADA
             12.4.4 MEXICO
     12.5 REST OF THE WORLD (ROW) 
             12.5.1 RECESSION IMPACT 
             12.5.2 BRAZIL
             12.5.3 SOUTH AFRICA
             12.5.4 OTHERS
 
13 COMPETITIVE LANDSCAPE 
     13.1 OV  ERVIEW 
     13.2 MARKET SHARE ANALYSIS FOR ADAS PLAYERS, 2023 
     13.3 KEY PLAYER STRATEGIES 
     13.4 COMPANY VALUATION AND FINANCIAL METRICS  
     13.5 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2023 
     13.6 COMPETITIVE SCENARIO 
             13.6.1 PRODUCT LAUNCHES
             13.6.2 DEALS
             13.6.3 OTHERS
     13.7  COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023    
             13.7.1 STARS
             13.7.2 EMERGING LEADERS
             13.7.3 PERVASIVE PLAYERS
             13.7.4 PARTICIPANTS
             13.7.5 COMPANY FOOTPRINT
     13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023    
             13.8.1 PROGRESSIVE COMPANIES
             13.8.2 RESPONSIVE COMPANIES
             13.8.3 DYNAMIC COMPANIES
             13.8.4 STARTING BLOCKS
             13.8.5 COMPETITIVE   BENCHMARKING OF KEY START-UPS
     13.9 DETAILED LIST OF KEY START-UPS 
 
14 COMPANY PROFILES 
     14.1 KEY PLAYERS 
(Business overview, Products offered, MnM View, and Recent Developments) *
             14.1.1 ROBERT BOSCH GMBH
             14.1.2 CONTINENTAL AG
             14.1.3 DENSO CORPORATION
             14.1.4 ZF FRIEDRICHSHAFEN AG
             14.1.5 MAGNA INTERNATIONAL INC.
             14.1.6 APTIV
             14.1.7 VALEO
             14.1.8 HYUNDAI MOBIS
             14.1.9 NVIDIA
             14.1.10 INTEL
             14.1.11 NXP SEMICONDUCTORS
             14.1.12 AUTOLIV
             14.1.13 MOBILEYE
     14.2 OTHER KEY PLAYERS 
             14.2.1 AISIN CORPORATION
             14.2.2 HITACHI AUTOMOTIVE
             14.2.3 RENESAS ELECTRONICS
             14.2.4 INFINEON TECHNOLOGIES AG
             14.2.5 FICOSA INTERNATIONAL
             14.2.6 HELLA
             14.2.7 TEXAS INSTRUMENTS
             14.2.8 SAMSUNG ELECTRONICS
             14.2.9 VOXX INTERNATIONAL
             14.2.10 BLACKBERRY
             14.2.11 MICROSEMI
             14.2.12 XILINX
             14.2.13 PANASONIC
             14.2.14 VEONEER
*MnM view will be provided for the top 5 players in Key Players
 
15 RECOMMENDATIONS BY MARKETSANDMARKETS 
 
16 APPENDIX 

The research study involved extensive secondary sources, such as company annual reports/presentations, industry association publications, magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases, to identify and collect information on the ADAS market. Primary sources, such as experts from related industries, automobile OEMs, and suppliers, were interviewed to obtain and verify critical information and assess the growth prospects and market estimations. Key players in the ADAS market have been identified through secondary research. Primary research interviews were conducted with key opinion leaders in the automotive industry, such as CEOs, directors, industry experts, and other executives, to validate revenues.

Secondary Research

Secondary sources for this research study include corporate filings, such as annual reports, investor presentations, and financial statements; trade, business, and professional associations; whitepapers and automotive software-related journals; certified publications; articles by recognized authors; directories; and databases. Secondary data was collected and analyzed to determine the overall market size, further validated by primary research.

Primary Research

Extensive primary research was conducted after understanding the ADAS market scenario through secondary research. Several primary interviews were conducted with market experts from the demand side (vehicle manufacturers, country-level government associations, and trade associations) and the supply side (ADAS manufacturers, software providers, and system integrators). The regions considered for the research include North America, Europe, Asia Pacific, and the Rest of the World (RoW). Approximately 17% and 83% of primary interviews were conducted from the demand and supply sides. Primary data was collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and marketing, were covered to provide a holistic viewpoint in this report.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from the primaries. This and the in-house subject matter experts’ opinions led to the findings described in this report.

ADAS  Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

As mentioned below, a detailed market estimation approach was followed to estimate and validate the volume and value of the ADAS market and other submarkets. Key players in the ADAS market were identified through secondary research. Their global market share was determined through primary and secondary research. The research methodology included studying the annual and quarterly financial reports & regulatory filings of significant market players and interviews with industry experts for detailed market insights. All major penetration rates, percentage shares, splits, and breakdowns for the ADAS market across end users were determined using secondary sources and verified through primary sources. All key macro indicators affecting the revenue growth of the market segments and subsegments were accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative & qualitative data. The gathered market data was consolidated and added with detailed inputs, analyzed, and presented in this report.

Global ADAS Market Size: Bottom-Up Approach

ADAS  Market Bottom Up Approach

To know about the assumptions considered for the study, Request for Free Sample Report

Global ADAS Market Size: Top-Down Approach

ADAS  Market Top Down Approach

Data Triangulation

The ADAS market was split into several segments and subsegments after arriving at the overall market size through the methodology above. Where applicable, the data triangulation procedure was employed to complete the overall market engineering process and arrive at the exact market value for key segments and subsegments. The extrapolated market data was triangulated by studying various macro indicators and regional trends from both the demand- and supply-side participants.

Market Definition

ADAS Market: Advanced driver assistance systems (ADAS) monitor a vehicle’s surroundings and driving behavior to pre-emptively detect potential hazards. This technology uses vehicle-based intelligent safety systems to enhance the driving experience and vehicle & pedestrian safety by preventing crashes and mitigating crash severity.

Key Stakeholders

  • ADAS Integrators
  • ADAS/Occupant Safety Solution Suppliers
  • Automobile Original Equipment Manufacturers (OEMs)
  • Automotive Camera Manufacturers
  • Automotive Component Manufacturers
  • Automotive Radar and Ultrasonic Sensor Manufacturers
  • Automotive SoC and ECU Manufacturers
  • Automotive Software and Platform Providers
  • Autonomous Driving Platform Providers
  • Country-specific Automotive Associations
  • European Automobile Manufacturer Association (ACEA)
  • EV and EV Component Manufacturers
  • Government & Research Organizations
  • LiDAR Manufacturers
  • National Highway Traffic Safety Administration (NHTSA)
  • Vehicle Safety Regulatory Bodies

Report Objectives

  • To segment and forecast the size of the ADAS market in terms of volume (Thousand Units) and value (USD million)
  • To define, describe, and forecast the size of the ADAS market based on system, component, offering, electric vehicle, level of autonomy, vehicle type, vehicle class, sales channel, and Region
  • To segment and forecast the market size by electric vehicle [Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs)]
  • To segment and forecast the market size 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), and Traffic Jam Assist (TJA)]
  • To segment and forecast the market size by offering (Hardware [Camera Units, LiDAR, Radar Sensors, Ultrasonic Sensors, ECU, and Others] and Software [Middleware, Application Software, Operating Systems])
  • To segment and forecast the market size by electric vehicle [Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs)]
  • To segment and forecast the market size by level of autonomy (L1, L2, L3, L4, and L5)
  • To segment and forecast the market size by vehicle type (Passenger Cars, Light Commercial Vehicles, Trucks, and Buses)
  • To forecast the market size by Region [North America, Europe, Asia Pacific, and Rest of the World (RoW)]

Available Customizations

With the given market data, MarketsandMarkets offers customizations per the company’s specific needs.

  • ADAS market, for electric vehicles by the system type level
  • ADAS market by vehicle type at the country level (for countries not covered in the report)
  • Company Information:
    • Profiling of additional market players (Up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the ADAS Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback