
Advanced Driver Assist Systems (Adas) Market
Advanced Driver Assist Systems (Adas) Market Global Industry Assessment & Forecast
Segments Covered
By System Type Adaptive Cruise Control, Blind Spot Detection, Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System, Intelligent Parking Assist System (IPAS), Lane Departure Warning System, Adaptive Front-light, Others
By Component Camera Unit, LiDAR, Radar Sensor, Ultrasonic Sensor, Infrared Sensor
By Vehicle Type Passenger Car, Light Commercial Vehicle, Truck, Bus
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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29.1 Billion |
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71.24 Billion |
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12.10% |
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Asia Pacific |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Key Insights
The global Advanced Driver Assist Systems (Adas) market was valued at USD 29.1 Billion in 2020 and is projected to reach USD 71.24 Billion by 2028, growing at a CAGR of 12.10%% from 2021 to 2028.

Years | Parameters |
---|---|
Historical Data (Actual Data) | 2016-2020 |
Base Year Data | 2020 |
Current Year Date | 2021 |
Projected year data | 2021-2026 |
Annual Market Size (2028) | 71.24 Billion |
Annual Market Size (2021) | |
CAGR (2021 - 2028) | 12.10%% |
Definition And Overview
Advanced Driver Assistance Systems are intelligent systems that are built inside the vehicle and assist the main driver in a numerous ways. The various uses of ADAS include pedestrian detection/avoidance, lane departure warning/correction, traffic sign recognition, automatic emergency braking and blind spot detection. The global Advanced Driver Assist Systems (Adas) market report provides a
thorough analysis of each segment including System Type,Component and
Vehicle Type for each region, and country. All the segments are studied
considering historical and future trends across geographies. All the segments covers
trends, market size, and forecasts, and the data is provided for the years
2016–2028. Moreover, the report also covers exhaustive analysis on competitive
scenario of the global market covering in depth company profiles based on
business overview, financial performance, product portfolio, business
strategies, recent developments, and market share among others. In addition to
that the report offers several market impacting factors such as drivers,
restraints, and opportunities. Cumulatively, the report will cover all of the aspects
regarding the global Advanced Driver Assist Systems (Adas) market.
COVID-19 Impact Analysis
In 2020, swift spread of COVID-19 largely
impacted the global business operations, disrupting the supply chain and
impairing various industries. The global trading activities were declined
severely owing to the nationwide lockdowns, international border seals, and
strict social distancing measures. This had a drastic impact on the global economy,
as the companies across the globe were forced to either fully close or
partially close their operations, leading to disruption in the supply-demand
ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil
among others witnessed a second wave of COVID-19 that further disrupted the
market. However, it is expected that reopening of trade activities, the market
will witness steady growth in demand in the coming years. The impact of
COVID-19 on the market demand is considered while estimating the current and
forecast market size and growth trends for all the regions and countries. The report provides a completely separate
chapter for COVID-19 Impact Analysis. This chapter includes: o
Impact Assessment of COVID-19
Pandemic o
Pre & Post COVID-19 Market
Size o
Qualitative analysis on the
short term & long term impact of COVID-19 on the market
o The
analysis provides foremost strategies adopted by competitors to minimize the
impact of the pandemic on their business activities and scope for future
developments.
Industry Analysis
The
report covers an exhaustive analysis of Advanced Driver Assist Systems (Adas) industry that includes
drivers, restraints/challenges, opportunities, and segmental/regional trends
among others. Apart from that, it will also cover extensive information on
various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing
trends, SWOT analysis, and value chain analysis
along with technological landscape and regulatory framework specific to Advanced Driver Assist Systems (Adas)
industry.
The governments are implementing stringent regulations for vehicles to be installed with advanced safety systems to decrease accident rates and resulting injuries and deaths in countries across the globe. The obligatory installation of advanced driver assistance systems in both developed and emerging countries is augmenting the market growth. The deployment these systems in other car models is further supporting the growth of the advanced driver assistance systems market. Various manufacturers in automotive industry are investing in ADAS in order to differentiate their automobiles from other manufacturers in the industry. The rising vehicle sale across the globe is anticipated to augment the growth of the advanced driver assistance systems market during the forecast period. This is owing to the rapid urbanization, rising disposable income of the consumers, and increasing developments in technologies. Furthermore, increase in global sales of automobiles has also caused a major shift of consumers towards the adoption of personal vehicles which is in turn expected to support the growth of the advanced driver assistance systems market in the forecast period. The lack of required infrastructure in emerging countries is expected to hamper the growth of the advanced driver assistance systems market. This system needs basic infrastructure like lane marking, well-organized roads, and availability of GPS for proper functioning. The cost considerations, poor infrastructure outside urban areas, and poor driving training and rules are expected to hinder the growth of the advanced driver assistance systems market in emerging economies.
Global Advanced Driver Assist Systems (Adas) Market Report Scope
Parameter | Details |
---|---|
Market Size Provided for Years | 2016-2028 |
Base Year | 2020 |
Historic Years | 2016-2020 |
Forecast Years | 2021-2028 |
Market Size Provided In Terms Of | Revenue & Volume |
Segments Covered | System Type, Component, Vehicle Type |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Countries Covered | The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | Autoliv Inc, Valeo, Robert Bosch Gmbh, Aisin Seiki Co. Ltd., Renesas Electronics Corporation, Hella Kgaa Hueck & Co., Hitachi Ltd, Texas Instruments Inc., Infineon Technologies AG, Elektrobit Corporation, Freescale Semiconductor Inc., Magna International, Mobileye NV, Delphi Automotive PLC, Hyundai Mobis, Ficosa International S.A., Trw Automotive Holdings Corp., Mando Corp., Denso Corporation, Gentex Corporation, Continental Ag, Tass International. |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Asia Pacific, company market share analysis, and COVID-19 impact analysis |
Market Segmentation
System Type Analysis: Preview On the basis of System Type,
the market is segmented into Adaptive Cruise Control, Blind Spot Detection, Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System, Intelligent Parking Assist System (IPAS), Lane Departure Warning System, Adaptive Front-light, Others. Blind Spot Detection held the highest
share in the global Advanced Driver Assist Systems (Adas) market and
is projected to witness the same trend during the forecast period. Component Analysis:
Preview Based on Component,
the market is segmented into Camera Unit, LiDAR, Radar Sensor, Ultrasonic Sensor, Infrared Sensor. Radar sensor accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. Vehicle Type Analysis:
Preview
Based
on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle, Truck, Bus. Passenger Car
dominates the global Advanced Driver Assist Systems (Adas)
market and is expected to continue the same trend from 2021 to 2028.
Global Advanced Driver Assist Systems (Adas) Market: System Type Segment Analysis
-
- Adaptive Cruise Control
- Blind Spot Detection
- Tire Pressure Monitoring System (TPMS)
- Drowsiness Monitor System
- Intelligent Parking Assist System (IPAS)
- Lane Departure Warning System
- Adaptive Front-light
- Others
Global Advanced Driver Assist Systems (Adas) Market: Component Segment Analysis
-
- Camera Unit
- LiDAR
- Radar Sensor
- Ultrasonic Sensor
- Infrared Sensor
Global Advanced Driver Assist Systems (Adas) Market: Vehicle Type Segment Analysis
-
- Passenger Car
- Light Commercial Vehicle
- Truck
- Bus
Regional Analysis: Preview
Based on geography, the global Advanced Driver Assist Systems (Adas) market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional section is further bifurcated into key country level markets for each region. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan. It covers market size and estimations for each segment by region and country for the years 2016–2028. Asia Pacific dominates the global Advanced Driver Assist Systems (Adas) market and is expected to continue the same trend during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users.
Market Size, 2021 (USD Billion)
Global Advanced Driver Assist Systems (Adas) Market: Regional Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
Major players in the global Advanced Driver Assist Systems (Adas) market are Autoliv Inc, Valeo, Robert Bosch Gmbh, Aisin Seiki Co. Ltd., Renesas Electronics Corporation, Hella Kgaa Hueck & Co., Hitachi Ltd, Texas Instruments Inc., Infineon Technologies AG, Elektrobit Corporation, Freescale Semiconductor Inc., Magna International, Mobileye NV, Delphi Automotive PLC, Hyundai Mobis, Ficosa International S.A., Trw Automotive Holdings Corp., Mando Corp., Denso Corporation, Gentex Corporation, Continental Ag, Tass International.. The global Advanced Driver Assist Systems (Adas) market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network, and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.
Global Advanced Driver Assist Systems (Adas) Market: Key Highlights
FAQ
Frequently Asked Question
What is the global demand for Advanced Driver Assist Systems (Adas) in terms of revenue?
-
The global Advanced Driver Assist Systems (Adas) valued at 29.1 Billion in 2020 and is expected to reach 71.24 Billion in 2028 growing at a CAGR of 12.10%%.
Which are the prominent players in the market?
-
The prominent players in the market are Autoliv Inc, Valeo, Robert Bosch Gmbh, Aisin Seiki Co. Ltd., Renesas Electronics Corporation, Hella Kgaa Hueck & Co., Hitachi Ltd, Texas Instruments Inc., Infineon Technologies AG, Elektrobit Corporation, Freescale Semiconductor Inc., Magna International, Mobileye NV, Delphi Automotive PLC, Hyundai Mobis, Ficosa International S.A., Trw Automotive Holdings Corp., Mando Corp., Denso Corporation, Gentex Corporation, Continental Ag, Tass International..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 12.10%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Advanced Driver Assist Systems (Adas) include
- The governments are implementing stringent regulations for vehicles to be installed with advanced safety systems to decrease accident rates and resulting injuries and deaths in countries across the globe. The obligatory installation of advanced driver assistance systems in both developed and emerging countries is augmenting the market growth. The deployment these systems in other car models is further supporting the growth of the advanced driver assistance systems market. Various manufacturers in automotive industry are investing in ADAS in order to differentiate their automobiles from other manufacturers in the industry.
- The rising vehicle sale across the globe is anticipated to augment the growth of the advanced driver assistance systems market during the forecast period. This is owing to the rapid urbanization, rising disposable income of the consumers, and increasing developments in technologies. Furthermore, increase in global sales of automobiles has also caused a major shift of consumers towards the adoption of personal vehicles which is in turn expected to support the growth of the advanced driver assistance systems market in the forecast period.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Advanced Driver Assist Systems (Adas) in 2020.