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Global Advanced Driver Assistance Systems (ADAS) Market is to Reach USD 65 Billion by 2026, Driven by Favourable Government Regulations

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Global Advanced Driver Assistance Systems (ADAS) Market: By Offering: Hardware, Software; By Sensor Type: Image, LiDAR, Ultrasonic Sensor; By System Type; By Level of Autonomy; By Distribution Channel; By Vehicle Type; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Advanced Driver Assistance Systems (ADAS) Market Outlook

The global advanced driver assistance systems (ADAS) market reached a value of about USD 25.04 billion in 2020. The market is further expected to grow at a CAGR of 17% in the forecast period of 2021-2026 to reach a value of approximately USD 65 billion by 2026.

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.

 

Advanced Driver Assistance Systems (ADAS) Market

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Properties and Applications

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.

 

Advanced Driver Assistance Systems Market by Type

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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).

 

Global ADAS Market by Region

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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 industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Advanced Driver Assistance Systems (ADAS) Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Advanced Driver Assistance Systems (ADAS) Historical Market (2016-2020) 
    8.3    Global Advanced Driver Assistance Systems (ADAS) Market Forecast (2021-2026)
    8.4    Global Advanced Driver Assistance Systems (ADAS) Market by Offering
        8.4.1    Hardware
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Software
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Advanced Driver Assistance Systems (ADAS) Market by Sensor Type
        8.5.1    Image Sensor
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    LiDAR Sensor
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Ultrasonic Sensor
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Infrared (IR) Sensor
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Radar Sensor
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Laser
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2016-2020)
            8.5.6.3    Forecast Trend (2021-2026)
    8.6    Global Advanced Driver Assistance Systems (ADAS) Market by System Type
        8.6.1    Adaptive Cruise Control System
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Automatic Emergency Braking System (AEBS)
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Adaptive Front Lighting System
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Blind Spot Object Detection System
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Driver Monitoring System (DMS)
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Forward Collision Warning System (FCWS)
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2016-2020)
            8.6.6.3    Forecast Trend (2021-2026)
        8.6.7    Intelligent Parking Assist System (IPAS)
            8.6.7.1    Market Share
            8.6.7.2    Historical Trend (2016-2020)
            8.6.7.3    Forecast Trend (2021-2026)
        8.6.8    Lane Departure Warning System (LDWS)
            8.6.8.1    Market Share
            8.6.8.2    Historical Trend (2016-2020)
            8.6.8.3    Forecast Trend (2021-2026)
        8.6.9    Night Vision System
            8.6.9.1    Market Share
            8.6.9.2    Historical Trend (2016-2020)
            8.6.9.3    Forecast Trend (2021-2026)
        8.6.10    Road Sign Recognition System (RSRS)
            8.6.10.1    Market Share
            8.6.10.2    Historical Trend (2016-2020)
            8.6.10.3    Forecast Trend (2021-2026)
        8.6.11    Tyre Pressure Monitoring System (TPMS)
            8.6.11.1    Market Share
            8.6.11.2    Historical Trend (2016-2020)
            8.6.11.3    Forecast Trend (2021-2026)
        8.6.12    Traffic Jam Assist System (TJAS)
            8.6.12.1    Market Share
            8.6.12.2    Historical Trend (2016-2020)
            8.6.12.3    Forecast Trend (2021-2026)
        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    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Level 2 and Level 3
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Level 4
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Level 5
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
    8.8    Global Advanced Driver Assistance Systems (ADAS) Market by Distribution Channel
        8.8.1    OEM
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2016-2020)
            8.8.1.3    Forecast Trend (2021-2026)
        8.8.2    Aftermarket
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2016-2020)
            8.8.2.3    Forecast Trend (2021-2026)
    8.9    Global Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type
        8.9.1    Passenger Car
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2016-2020)
            8.9.1.3    Forecast Trend (2021-2026)
        8.9.2    Light Commercial Vehicle
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2016-2020)
            8.9.2.3    Forecast Trend (2021-2026)
        8.9.3    Heavy Commercial Vehicle
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2016-2020)
            8.9.3.3    Forecast Trend (2021-2026)
    8.10    Global Advanced Driver Assistance Systems (ADAS) Market by Region
        8.10.1    Market Share
            8.10.1.1    North America
            8.10.1.2    Europe
            8.10.1.3    Asia Pacific
            8.10.1.4    Latin America
            8.10.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape
    12.1    Market Structure
    12.2    Key Players 
    12.3    Company Profiles
        12.3.1    Robert Bosch GmbH
            12.3.1.1    Company Overview
            12.3.1.2    Product Portfolio
            12.3.1.3    Demographic Reach and Achievements
            12.3.1.4    Certifications
        12.3.2    Continental AG.
            12.3.2.1    Company Overview
            12.3.2.2    Product Portfolio
            12.3.2.3    Demographic Reach and Achievements
            12.3.2.4    Certifications
        12.3.3    DENSO Corporation
            12.3.3.1    Company Overview
            12.3.3.2    Product Portfolio
            12.3.3.3    Demographic Reach and Achievements
            12.3.3.4    Certifications
        12.3.4    Magna International Inc.
            12.3.4.1    Company Overview
            12.3.4.2    Product Portfolio
            12.3.4.3    Demographic Reach and Achievements
            12.3.4.4    Certifications
        12.3.5    ZF Friedrichshafen AG
            12.3.5.1    Company Overview
            12.3.5.2    Product Portfolio
            12.3.5.3    Demographic Reach and Achievements
            12.3.5.4    Certifications
        12.3.6    Autoliv Inc.
            12.3.6.1    Company Overview
            12.3.6.2    Product Portfolio
            12.3.6.3    Demographic Reach and Achievements
            12.3.6.4    Certifications
        12.3.7    NXP Semiconductors
            12.3.7.1    Company Overview
            12.3.7.2    Product Portfolio
            12.3.7.3    Demographic Reach and Achievements
            12.3.7.4    Certifications
        12.3.8    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Advanced Driver Assistance Systems (ADAS) Market: Key Industry Highlights, 2016 and 2026
2.    Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Offering (USD Billion), 2016-2020
3.    Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Offering (USD Billion), 2021-2026
4.    Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Sensor Type (USD Billion), 2016-2020
5.    Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Sensor Type (USD Billion), 2021-2026
6.    Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by System Type (USD Billion), 2016-2020
7.    Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by System Type (USD Billion), 2021-2026
8.    Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Level of Autonomy (USD Billion), 2016-2020
9.    Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
10.    Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
11.    Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Level of Autonomy (USD Billion), 2021-2026
12.    Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Vehicle Type (USD Billion), 2016-2020
13.    Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Vehicle Type (USD Billion), 2021-2026
14.    Global Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Region (USD Billion), 2016-2020
15.    Global Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Region (USD Billion), 2021-2026
16.    North America Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    North America Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Europe Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Europe Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Asia Pacific Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Asia Pacific Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Latin America Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2016-2020
23.    Latin America Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2021-2026
24.    Middle East and Africa Advanced Driver Assistance Systems (ADAS) Historical Market: Breakup by Country (USD Billion), 2016-2020
25.    Middle East and Africa Advanced Driver Assistance Systems (ADAS) Market Forecast: Breakup by Country (USD Billion), 2021-2026
26.    Global Advanced Driver Assistance Systems (ADAS) Market Structure

Key Questions Answered in the Report

What was the global advanced driver assistance systems (ADAS) market size in 2020?

In 2020, the global advanced driver assistance systems (ADAS) market attained a value of nearly USD 25.04 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 17% between 2021 and 2026.

What is the forecast outlook of the market for 2021-2026?

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 65 billion by 2026.

What are the major industry drivers?

The major drivers of the industry, such as the increasing awareness regarding vehicle safety, enhanced requirement for comfort, and the rising manufacture of multifunctional systems, are expected to aid the market growth.

What are the key industry trends of the global advanced driver assistance systems (ADAS) market?

The key market trend guiding the growth of the market includes the rapid technological advancements occurring in the industry.

What are the major regional markets of advanced driver assistance systems (ADAS), according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major offering segments of advanced driver assistance systems (ADAS) in the industry?

The major offering segments of advanced driver assistance systems (ADAS) in the industry are hardware and software.

What are the significant sensor types of the product?

The significant sensor types of the product are image sensor, LiDAR sensor, ultrasonic sensor, infrared (IR) sensor, radar sensor, and laser.

What are the major system types of the product?

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), tire pressure monitoring system (TPMS), and traffic jam assist system (TJAS), among others.

What are the leading level of autonomy segments within the industry?

The leading level of autonomy segments within the industry include level 1, level 2 and level 3, level 4, and level 5.

What are the significant distribution channels of the product?

The significant distribution channels of the product are OEM and aftermarket.

What are the major vehicle types within the industry?

The major vehicle types within the industry are passenger car, light commercial vehicle, and heavy commercial vehicle.

Who are the key industry players, according to the report?

The key players in the industry 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 25.04 billion in 2020, 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 2021-2026, growing at a CAGR of 17%. The advanced driver assistance systems (ADAS) market is projected to reach USD 65 billion by 2026.

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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