Reports
Global Advanced Driver Assistance Systems (ADAS) Market Size: By Offering: Hardware, Software; By Sensor Type: Image Sensor, LiDAR Sensor, Ultrasonic Sensor, Infrared (IR) Sensor, Radar Sensor, Laser; By System Type; By Level of Autonomy; By Distribution Channel; By Vehicle Type; Regional Analysis; Competitive Landscape; 2024-2032
Global Advanced Driver Assistance Systems (ADAS) Market Outlook
The global advanced driver assistance systems (ADAS) market reached a value of about USD 34.28 billion in 2023. The market is further expected to grow at a CAGR of 17.30% in the forecast period of 2024-2032 to reach a value of approximately USD 88.98 billion by 2032.
The market is driven by the increasing awareness regarding vehicle safety and reducing component costs owing to the extensive use of cameras and radars. Furthermore, strict rules and regulations of safety are expected to invigorate the market growth in the forecast period.
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Market Segmentation
The advanced driver assistance systems (ADAS) are the electronic systems that aid the vehicle driver while driving or during parking. The system intends to improve car and road safety.
Based on offering, the industry is bifurcated into:
- Hardware
- Software
The industry can be divided on the basis of sensor type into:
- Image Sensor
- LiDAR Sensor
- Ultrasonic Sensor
- Infrared (IR) Sensor
- Radar Sensor
- Laser
Based on system type, the industry is categorised into:
- Adaptive Cruise Control System
- Automatic Emergency Braking System (AEBS)
- Adaptive Front Lighting System
- Blind Spot Object Detection System
- Driver Monitoring System (DMS)
- Forward Collision Warning System (FCWS)
- Intelligent Parking Assist System (IPAS)
- Lane Departure Warning System (LDWS)
- Night Vision System
- Road Sign Recognition System (RSRS)
- Tyre Pressure Monitoring System (TPMS)
- Traffic Jam Assist System (TJAS)
- Others
On the basis of the level of autonomy, the market is segmented into:
- Level 1
- Level 2 and Level 3
- Level 4
- Level 5
By distribution channel, the market is bifurcated into OEM and aftermarket. On the basis of vehicle type, the market is categorised into passenger car, light commercial vehicle, and heavy commercial vehicle.
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The global advanced driver assistance systems (ADAS) market is driven by the rising demand for safety features and an enhanced requirement for comfort. The use of the product helps mitigate the loss of property and life and minimizes the rate of accidents. The product also improves pedestrian and passenger safety by reducing the occurrence of motor vehicle accidents as well as their severity. The market is further expanding owing to the rapid technological advancements and manufacture of multifunctional systems.
The market may find hindrance in its growth due to the lack of lane marking, well-organised roads, and availability of GPS in many parts of the developing countries, which are the basic infrastructural requirements needed for the optimum functioning of the advanced driver assistance systems (ADAS).
-market-by-region.PNG)
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Competitive Landscape
The report gives a detailed analysis of the following key players in the global advanced driver assistance systems (ADAS) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Robert Bosch GmbH
- Continental AG.
- DENSO Corporation
- Magna International Inc.
- ZF Friedrichshafen AG
- Autoliv Inc.
- NXP Semiconductors
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Offering, Sensor Type, System Type, Level of Autonomy, Distribution Channel, Vehicle Type, Region |
| Breakup by Offering | Hardware, Software |
| Breakup by Sensor Type | Image Sensor, LiDAR Sensor, Ultrasonic Sensor, Infrared (IR) Sensor, Radar Sensor, Laser |
| Breakup by System Type | Adaptive Cruise Control System, Automatic Emergency Braking System (AEBS), Adaptive Front Lighting System, Blind Spot Object Detection System, Driver Monitoring System (DMS), Forward Collision Warning System (FCWS), Intelligent Parking Assist System (IPAS), Lane Departure Warning System (LDWS), Night Vision System, Road Sign Recognition System (RSRS), Tyre Pressure Monitoring System (TPMS), Traffic Jam Assist System (TJAS), Others |
| Breakup by Level of Autonomy | Level 1, Level 2 and Level 3, Level 4, Level 5 |
| Breakup by Distribution Channel | OEM, Aftermarket |
| Breakup by Vehicle Type | Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Robert Bosch GmbH, Continental AG., DENSO Corporation, Magna International Inc., ZF Friedrichshafen AG, Autoliv Inc., NXP Semiconductors, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Advanced Driver Assistance Systems (ADAS) Market Analysis
8.1 Key Industry Highlights
8.2 Global Advanced Driver Assistance Systems (ADAS) Historical Market (2018-2023)
8.3 Global Advanced Driver Assistance Systems (ADAS) Market Forecast (2024-2032)
8.4 Global Advanced Driver Assistance Systems (ADAS) Market by Offering
8.4.1 Hardware
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Software
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Advanced Driver Assistance Systems (ADAS) Market by Sensor Type
8.5.1 Image Sensor
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 LiDAR Sensor
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Ultrasonic Sensor
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Infrared (IR) Sensor
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Radar Sensor
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Laser
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.6 Global Advanced Driver Assistance Systems (ADAS) Market by System Type
8.6.1 Adaptive Cruise Control System
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Automatic Emergency Braking System (AEBS)
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Adaptive Front Lighting System
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Blind Spot Object Detection System
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Driver Monitoring System (DMS)
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Forward Collision Warning System (FCWS)
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Intelligent Parking Assist System (IPAS)
8.6.7.1 Historical Trend (2018-2023)
8.6.7.2 Forecast Trend (2024-2032)
8.6.8 Lane Departure Warning System (LDWS)
8.6.8.1 Historical Trend (2018-2023)
8.6.8.2 Forecast Trend (2024-2032)
8.6.9 Night Vision System
8.6.9.1 Historical Trend (2018-2023)
8.6.9.2 Forecast Trend (2024-2032)
8.6.10 Road Sign Recognition System (RSRS)
8.6.10.1 Historical Trend (2018-2023)
8.6.10.2 Forecast Trend (2024-2032)
8.6.11 Tyre Pressure Monitoring System (TPMS)
8.6.11.1 Historical Trend (2018-2023)
8.6.11.2 Forecast Trend (2024-2032)
8.6.12 Traffic Jam Assist System (TJAS)
8.6.12.1 Historical Trend (2018-2023)
8.6.12.2 Forecast Trend (2024-2032)
8.6.13 Others
8.7 Global Advanced Driver Assistance Systems (ADAS) Market by Level of Autonomy
8.7.1 Level 1
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Level 2 and Level 3
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Level 4
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Level 5
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.8 Global Advanced Driver Assistance Systems (ADAS) Market by Distribution Channel
8.8.1 OEM
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Aftermarket
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.9 Global Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type
8.9.1 Passenger Car
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Light Commercial Vehicle
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Heavy Commercial Vehicle
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.10 Global Advanced Driver Assistance Systems (ADAS) Market by Region
8.10.1 North America
8.10.1.1 Historical Trend (2018-2023)
8.10.1.2 Forecast Trend (2024-2032)
8.10.2 Europe
8.10.2.1 Historical Trend (2018-2023)
8.10.2.2 Forecast Trend (2024-2032)
8.10.3 Asia Pacific
8.10.3.1 Historical Trend (2018-2023)
8.10.3.2 Forecast Trend (2024-2032)
8.10.4 Latin America
8.10.4.1 Historical Trend (2018-2023)
8.10.4.2 Forecast Trend (2024-2032)
8.10.5 Middle East and Africa
8.10.5.1 Historical Trend (2018-2023)
8.10.5.2 Forecast Trend (2024-2032)
9 North America Advanced Driver Assistance Systems (ADAS) Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Advanced Driver Assistance Systems (ADAS) Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Advanced Driver Assistance Systems (ADAS) Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Advanced Driver Assistance Systems (ADAS) Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Advanced Driver Assistance Systems (ADAS) Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Robert Bosch GmbH
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Continental AG.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 DENSO Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Magna International Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 ZF Friedrichshafen AG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Autoliv Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 NXP Semiconductors
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Advanced Driver Assistance Systems (ADAS) Market: Key Industry Highlights, 2018 and 2032
2. Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Offering (USD Billion), 2018-2023
3. Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Offering (USD Billion), 2024-2032
4. Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Sensor Type (USD Billion), 2018-2023
5. Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Sensor Type (USD Billion), 2024-2032
6. Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by System Type (USD Billion), 2018-2023
7. Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by System Type (USD Billion), 2024-2032
8. Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Level of Autonomy (USD Billion), 2018-2023
9. Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10. Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
11. Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Level of Autonomy (USD Billion), 2024-2032
12. Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
13. Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
14. Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Region (USD Billion), 2018-2023
15. Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Region (USD Billion), 2024-2032
16. North America Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2018-2023
17. North America Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Europe Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Europe Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Asia Pacific Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Asia Pacific Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Latin America Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Latin America Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Middle East and Africa Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2018-2023
25. Middle East and Africa Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2024-2032
26. Global Advanced Driver Assistance Systems (ADAS) Market Structure
Key Questions Answered in the Report
In 2023, the global advanced driver assistance systems (ADAS) market attained a value of nearly USD 34.28 billion.
The market is projected to grow at a CAGR of 17.30% between 2023 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 88.98 billion by 2032.
The major drivers of the market include the increasing awareness regarding vehicle safety, rising requirement for comfort in vehicles, and the surging manufacturing of multifunctional systems.
Technological advancements and innovations, the introduction of stringent government initiatives to boost vehicle safety, and the surging rate of road accidents are the key trends guiding the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major segments on the basis of offerings considered in the market report are hardware and software.
The significant sensor types of the product are image sensor, LiDAR sensor, ultrasonic sensor, infrared (IR) sensor, radar sensor, and laser.
The major system types of the product are adaptive cruise control system, automatic emergency braking system (AEBS), adaptive front lighting system, blind spot object detection system, driver monitoring system (DMS), forward collision warning system (FCWS), intelligent parking assist system (IPAS), lane departure warning system (LDWS), night vision system, road sign recognition system (RSRS), tyre pressure monitoring system (TPMS), and traffic jam assist system (TJAS), among others.
The leading level of autonomy segments within the market include level 1, level 2 and level 3, level 4, and level 5.
The significant distribution channels of the product are OEM and aftermarket.
The various vehicle types considered in the market report include passenger car, light commercial vehicle, and heavy commercial vehicle.
The key players in the market are Robert Bosch GmbH, Continental AG., DENSO Corporation, Magna International Inc., ZF Friedrichshafen AG, Autoliv Inc., and NXP Semiconductors, among others.
Analyst Review
The global advanced driver assistance systems (ADAS) market attained a value of USD 34.28 billion in 2023, driven by the rising production of multifunctional systems. Aided by the increasing awareness regarding vehicle safety, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 17.30%. The advanced driver assistance systems (ADAS) market is projected to reach USD 88.98 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its offering, the advanced driver assistance systems (ADAS) industry can be bifurcated into hardware and software. On the basis of sensor types, the industry is divided into image sensor, LiDAR sensor, ultrasonic sensor, infrared (IR) sensor, radar sensor, and laser. On the basis of system types, the industry is categorised into adaptive cruise control system, automatic emergency braking system (AEBS), adaptive front lighting system, blind spot object detection system, driver monitoring system (DMS), forward collision warning system (FCWS), intelligent parking assist system (IPAS), lane departure warning system (LDWS), night vision system, road sign recognition system (RSRS), tire pressure monitoring system (TPMS), traffic jam assist system (TJAS), and others. On the basis of level of autonomy, the market is divided into level 1, level 2 and level 3, level 4, and level 5. By distribution channels, the market is bifurcated into OEM and aftermarket. On the basis of vehicle type, the industry is segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. The major regional markets for advanced driver assistance systems (ADAS) are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Robert Bosch GmbH, Continental AG., DENSO Corporation, Magna International Inc., ZF Friedrichshafen AG, Autoliv Inc., NXP Semiconductors, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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