The global Advanced Driver Assistance System (ADAS) market size is expected to reach USD 66.14 Billion at a steady CAGR of 11.8% in 2028, according to latest analysis by Emergen Research. Advanced driver assistance system market revenue growth is driven by rise in demand for safety features in vehicles, implementation of stringent safety regulations, and technological advancements in advanced driver assistance systems.
The report provides Advanced Driver Assistance System (ADAS) market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Advanced Driver Assistance System (ADAS) market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Advanced Driver Assistance System (ADAS) Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Advanced Driver Assistance System (ADAS) market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Advanced Driver Assistance System (ADAS) market revenue growth to a significant extent over the forecast period.
Some Key Highlights From the Report
- In March 2021, CallPro ADAS solution announced the launch of ADAS IdentiScan. The solution offers detailed guidance and information to collision repair facilities so users can manage the repair and estimation process by recognising the required calibration and ADAS.
- Radar-based ADAS provides accurate and reliable details of a vehicle’s surroundings and aid drivers in sensing potential on-road hazards during poor visibility or blocked vision. The system detects and calculates range, positioning, and velocity of approaching vehicles, and notifies the driver.
- NXP Semiconductor, in December 2020, announced launch of a suite of radar sensor solutions, which are designed to surround a vehicle with 360-degree protection and enables the classification and identification of imaging radar capabilities.
Top key vendors in Advanced Driver Assistance System (ADAS) Market include are:
Continental AG, Robert Bosch GmbH, Denso, Samsung Electronics, Intel, Hyundai Mobis, ZF Friedrichshafen AG, Magna International Inc., Renesas Electronics Corporation, and Infineon Technologies AG.
Emergen Research has segmented the global advanced driver assistance system market on the basis of offering, component, system, vehicle type, and region:
- Offering Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Software
- Component Outlook (Revenue, USD Billion; 2018–2028)
- LiDAR
- Camera Unit
- Ultrasonic Sensor
- Radar Sensor
- Infrared Sensor
- System Outlook (Revenue, USD Billion; 2018–2028)
- Adaptive Front Light (AFL)
- Adaptive Cruise Control (ACC)
- Blind Spot Detection (BSD)
- Forward Collision Warning (FCW)
- Automatic Emergency Braking (AEB)
- Driver Monitoring System (DMS)
- Cross Traffic Alert (CTA)
- Lane Departure Warning (LDW)
- Pedestrian Detection System (PDS)
- Tire Pressure Monitoring System (TPMS)
- Road Sign Recognition (RSR)
- Intelligent Park Assist (IPA)
- Night Vision System (NVS)
- Traffic Jam Assist (TJA)
- Vehicle Type Outlook (Revenue, USD Billion; 2018–2028)
- Light Commercial Vehicle
- Passenger Car
- Bus
- Truck
Browse Full Report Description with TOC@ https://www.emergenresearch.com/industry-report/advanced-driver-assistance-system-market
Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Advanced Driver Assistance System (ADAS) Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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Table of Content
Chapter 1. Methodology Sources
1.1. Advanced Driver Assistance System (ADAS) Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Advanced Driver Assistance System (ADAS) Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Advanced Driver Assistance System (ADAS) Market Segmentation Impact Analysis
4.1. Advanced Driver Assistance System (ADAS) Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Advanced Driver Assistance System (ADAS) Market indicators analysis
4.2.2. Advanced Driver Assistance System (ADAS) Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Advanced Driver Assistance System (ADAS) Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Advanced Driver Assistance System (ADAS) products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Advanced Driver Assistance System (ADAS) Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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