Advanced Driver Assistance System (ADAS) Market Report includes Industry share analysis Manufacturing Process, Machinery, Raw Materials, Cost and Revenue 2024


According to the latest market research report, published by KD Market Insights covers a detailed analysis of, “Advanced Driver Assistance System (ADAS) market” The study comprises of major industry trends and insights that play an important role in the market growth. Also, the report covers forecast revenue growth at global, regional and country levels, providing a detailed analysis of the industry.

ADAS are systems that support, complement or substitute the driver of a vehicle. These systems help drivers to avoid collisions and accidents. It is a set of systems used in vehicles to provide an intelligent and comfortable driving experience. They use radar and cameras to assist the drivers by providing real-time information about the surroundings. ADAS is leading the way for autonomous vehicles. These systems are the foundation of next-generation automotive electronic safety systems and autonomous cars. A vehicle’s ADAS can detect objects and alert the driver of hazardous conditions or impending danger. The global ADAS market is expected to reach USD 31.95 Bn by 2023 with a CAGR of 21.1% during 2018-2023.

The ADAS market is divided into three primary segments based on vehicle, sensor and component.
Based on vehicle, the market is segmented into passenger and commercial vehicles.
Based on sensors, the market is divided into image, radar, lidar and other sensors (ultrasonic,
infrared and laser sensors).
Based on components, the market is classified into adaptive cruise control (ACC), parking assistance (PA), lane departure warning (LDW), tire pressure monitoring (TPM), blind spot detection (BSD), autonomous emergency braking (AEB) and others (adaptive front lighting, drowsiness monitor, forward collision warning, head-up display and driver monitoring systems).
On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Key growth factors
The increasing government initiatives for mandating driver assistance system in order to lower road accidents is expected to proliferate market growth. Higher adoption of these systems in small cars is anticipated to further boost the market demand. Rising levels of technological innovation as well as growing initiatives towards vehicle automation and self-drive cars have raised the demand for the safety of the driver and assistance systems over the past decade. The adoption of ADAS applications such as ACC, BSD, LDW and night vision are leading to reduction in the number of accidents. It has been projected that the number of road accidents would increase in developing countries, thereby leading to market growth in terms of revenue. For instance, the European Union has mandated the automotive manufacturers to fit ADAS systems such as LDW and AEB systems in all heavy commercial vehicles weighing over 7,000 kgs.
Threats and key players
The growth of the ADAS market is currently hindered by the growing incidence of software failures in sensors coupled with the high cost of these systems that have acted as major restraining factors for the wide acceptability of these systems. The forward-collision warning systems still have difficulty identifying objects when a vehicle is traveling at high speed. Many of the most promising ADAS applications are still being refined or have not yet hit the market while others are expensive and mostly available in premium cars. But one of the most important factors inhibiting demand could be a lack of consumer awareness. Once consumers become familiar with ADAS, they will prefer cars with these features.
The key competitors in the global ADAS market are Continental AG, Autoliv Inc., Delphi Technologies, Denso Corporation, Bosch, Mobileye and others.


Table of Content
Chapter 1: Executive summary
1.1 Market scope and segmentation
1.2 Key questions answered in this study
1.3 Executive summary – global
1.4 Executive summary – North America
1.5 Executive summary – Europe
1.6 Executive summary – Asia Pacific
1.7 Executive summary – Latin America
1.8 Executive summary – The Middle East and Africa
Chapter 2: The global ADAS market – market overview
2.1. Global market overview – by revenue
2.2. Global market overview – by region: revenue, CAGR
2.3. Global market overview – drivers, challenges and trends
2.3.a. Drivers
2.3.b. Challenges
2.3.c. Trends
2.4. Value chain
Chapter 3: Regional market overview
3.1. Regional market overview – North America
3.1.a. North America historical market revenue, Europe
forecasted market revenue, CAGR, key companies, highlights
3.2. Regional market overview – Europe
3.2.a. Europe historical market revenue, Europe
forecasted market revenue, CAGR, key companies, highlights
3.3. Regional market overview – Asia Pacific
3.3.a. Asia Pacific historical market revenue, Asia Pacific forecasted market revenue, CAGR, key companies, highlights
3.4. Regional market overview – Latin America
3.4.a. Latin America historical market revenue, Latin America forecasted market revenue, CAGR, key companies, highlights
3.5. Regional market overview – The Middle East and Africa
3.5.a. The Middle East and Africa historical market revenue, The Middle East and Africa forecasted market revenue, CAGR, key companies, highlights
Chapter 4: Global segment overview
4.1. Global segment overview – by vehicle – revenue, CAGR, write-up
4.1.a. Global segment overview – by vehicle: regional share (2023F)
4.2. Global segment overview – by sensor – revenue, CAGR, write-up
4.2.a. Global segment overview – by sensor: regional share (2023F)
4.3. Global segment overview - by component – revenue, CAGR, write-up
4.3.a. Global segment overview – by component: regional share (2023F)
Chapter 5: North America – by segment
5.1. North America – by vehicle: revenue, CAGR, highlights
5.2. North America – by sensor: revenue, CAGR, highlights
5.3. North America – by component: revenue, CAGR, highlights
Chapter 6: Europe – by segment
6.1. Europe – by vehicle: revenue, CAGR, highlights
6.2. Europe – by sensor: revenue, CAGR, highlights
6.3. Europe – by component: revenue, CAGR, highlights
Chapter 7: Asia Pacific – by segment
7.1. Asia Pacific – by vehicle: revenue, CAGR, highlights
7.2. Asia Pacific – by sensor: revenue, CAGR, highlights
7.3. Asia Pacific – by component: revenue, CAGR, highlights
Chapter 8: Latin America – by segment
8.1. Latin America – by vehicle: revenue, CAGR, highlights
8.2. Latin America – by sensor: revenue, CAGR, highlights
8.3. Latin America – by component: revenue, CAGR, highlights
Chapter 9: The Middle East and Africa – by segment
9.1. The Middle East and Africa – by vehicle: revenue, CAGR, highlights
9.2. The Middle East and Africa – by sensor: revenue, CAGR, highlights
9.3. The Middle East and Africa – by component: revenue, CAGR, highlights
Continue…


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