• Blog
  • x

    We are working from home under lockdown. Our team is continuously tracking the impact of COVID-19 across different industries and we will incorporate those insights in our reports. For any specific query, mail us at [email protected]

    Automotive Advanced Driver Assistance Systems Mark | Covid-19 Impact Analysis

    Automotive Advanced Driver Assistance Systems Mark | Covid-19 Impact Analysis

    Automotive Advanced Driver Assistance Systems Mark | Covid-19 Impact Analysis
    Report code - SRTI111 Delivery - 2 Weeks
    Automotive Advanced Driver Assistance Systems (ADAS) Market Size, Share, Trend, Forecast, See more...
    Purchase Report
    notch

    Impact of COVID-19 on Automotive Advanced Driver Assistance Systems Mark

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Automotive Advanced Driver Assistance Systems Mark

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Automotive Advanced Driver Assistance Systems (ADAS) Market Insights

    The automotive advanced driver assistance systems (ADAS) market is projected to experience an excellent double digit CAGR of >10% over the next five years to reach US$ 30.1 billion in 2025, driven by rising consumers’ preferences for safety features, advancement in technology, introduction of more stringent norms, and organic growth in the global automobile production. Additionally, increasing demand for premium and luxury cars is also propelling the growth of advanced driver assistance systems in the automotive industry. Some companies have started to deploy these systems from in mid-range cars as well to fulfill consumers’ safety preferences.

     

    Automotive Advanced Driver Assistance Systems (ADAS) Market Share Analysis

    Automotive ADAS Market Forecast

    Automotive Advanced Driver Assistance Systems (ADAS) Market Share by Vehicle Type

    The global automotive ADAS market is segmented based on the following vehicle types: Passenger Cars, Light Commercial Vehicles, and Medium & Heavy-Duty Commercial Vehicles. Passenger car is expected to remain the largest vehicle type in the automotive ADAS market over the next five years, driven by increasing penetration of ADAS in the segment. The vehicle type is experiencing an expansion in usage of ADAS from luxury cars to mid-range cars. The vehicle type is also projected to witness the fastest growth during the forecast period, owing to rising demand for ADAS across regions.

    Automotive Advanced Driver Assistance Systems (ADAS) Market Share by Type of Sensors

    Radar is expected to remain the most dominant sensor type in the automotive ADAS market during the forecast period. Radar sensors are used in a wide array of systems, such as adaptive cruise control systems and emergency brake assists. It is also anticipated to be the fastest growing sensor type in the same period. Ultrasonic and image sensors are also projected to experience a healthy growth rate in the same period.

    Automotive Advanced Driver Assistance Systems (ADAS) Market Share by Technology Type

    The global automotive advanced driver assistance systems market is segmented based on the following technology types: Adaptive Cruise Control, Adaptive Front Light, Blind Spot Detection, Electronic Brake Assist, Drowsiness-Monitoring System, Lane Departure Warning, Head-up Display, Night Vision System, Park Assist, E-Call Telematics, Tire Pressure-Monitoring System, and Others ADAS. All these technologies are expected to grow at a healthy pace during the forecast period. Tire monitoring system will continue to occupy a large market share in the North America and Europe region because of mandated regulation by the US and European (countries’) governments. Adaptive cruise control system is expected to remain dominant in the North America region. Asia- Pacific is estimated to be the fastest growing region for blind spot detection, emergency brake assist, head-up display, and park assist systems, mainly because of high congestion in traffic and rising purchasing power in developing countries.

    Regional Insights

    In terms of region, North America is estimated to remain the leading global automotive ADAS market during the forecast period. Increasing demand for high safety features, mandate of some of the key ADAS system installations in the vehicles such as tire pressure monitoring system, and organic growth in automotive production are the major growth drivers of the region over the next five years. Asia-Pacific is expected to grow at a higher rate during the forecast period because of increased automobile production, especially in China and India and increasing penetration of ADAS in the major Asia-Pacific markets, such as China, Japan, and India. Middle East and Latin America are also estimated to experience a healthy growth in the same period.

    Automotive ADAS Market Analysis

    Key Players

    Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are some of the major players in the global automotive ADAS market. Other players include Audi AG, BMW AG, Ford Motors Co., and General Motors. Long-term contracts and advancement in technologies are the key strategies adopted by major OEM players to gain competitive edge in the market throughout the globe.

     

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2014-2025

    Size in 2025

    US$ 30.1 billion

    Forecast

    >10% CAGR during 2020-2025

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Countries/Subregions Covered

    The USA, Canada, Mexico, Germany, France, UK, Italy, Russia, China, Japan, South Korea, India, Brazil, Argentina and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Automotive Advanced Driver Assistance Systems (ADAS) Market Size, Share & Forecast by Vehicle Type:

    • Passenger Car
    • Light Commercial Vehicle
    • Medium & Heavy-Duty Commercial vehicle

    Automotive Advanced Driver Assistance Systems (ADAS) Market Size, Share & Forecast by Technology Type:

    • Adaptive Front Light
    • Blind Spot Detection
    • Electronic Brake Assist
    • Drowsiness-Monitoring System
    • Lane Departure Warning
    • Head-up Display
    • Night Vision System
    • Park Assist
    • E-Call Telematics
    • Tire Pressure-Monitoring System
    • Others

    Automotive Advanced Driver Assistance Systems (ADAS) Market Size, Share & Forecast by Sensor Type:

    • Radar
    • Image
    • LIDAR
    • Infrared
    • Ultrasonic

    Automotive Advanced Driver Assistance Systems (ADAS) Market Size, Share & Forecast by Region:

    • North America (Country Analysis: USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, UK, Italy, Russia, and Rest of the Europe)
    • Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

    Automotive ADAS Market Analysis

    Report Features

    This report, from Stratview Research, studies the advanced driver assistance systems (ADAS) market in the global automotive industry over the period 2020 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the component types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What is Advanced Driver Assistance System (ADAS)?

    Automotive Advanced Driver Assistance Systems (ADAS) are electronic systems installed in the vehicle to help the drivers in driving the vehicle or even during parking the vehicle. The latest systems are integrated with a human-machine interface for offering better safety on the road. Automotive Advanced Driver Assistance System (ADAS) works on different sensor types such as the radar. Adaptive front light, electronic brake assist, blind-spot detection, night vision systems, and similar others are some of the technologies on which the automotive advanced driver assistance system works.

    What will be the size of the Automotive Advanced Driver Assistance System (ADAS) Market in the foreseeable years?

    Driven by a number of factors like rising consumers preferences for safety features & advancement in technology, the automotive advanced driver assistance system (ADAS) market is projected to reach an estimated value of US$ 28.2 billion in 2022.

    Which type of technology is expected to remain dominant?

    Adaptive cruise control system is expected to remain the most dominant technology type in the market during the forecast period.

    Who are the key players in the Automotive Advanced Driver Assistance System (ADAS) Market?

    Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are among the key players in the automotive advanced driver assistance system (ADAS) market.

    •   

      Why are We Class Apart?

      We Track Fast-Changing Market Dynamics for Clients

      Our Intelligence is Powered by Industry Voice

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      We Serve Companies Across the Value Chain

      Know High Growth Opportunities

    FREE SAMPLE