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Automotive Advanced Driver Assistance System (ADAS) Market Market Size, Share, Trends, Growth Outlook

Automotive Advanced Driver Assistance System (ADAS) Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Application (Passenger cars, Commercial vehicles), By Technology (AEBS, TPMS, PAS, LDWS, Others), Countries and Companies Report

Automotive Advanced Driver Assistance System (ADAS) Market is estimated to increase at a growth rate of 10.5% CAGR over the forecast period from 2024 to 2030.

The global Automotive Advanced Driver Assistance System (ADAS) Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Application (Passenger cars, Commercial vehicles), By Technology (AEBS, TPMS, PAS, LDWS, Others).

An Introduction to Automotive Advanced Driver Assistance System (ADAS) Market, 2024

The Automotive Advanced Driver Assistance System (ADAS) Market in 2024 undergoes rapid expansion fueled by the growing emphasis vehicle safety, autonomous driving technologies, and regulatory mandates aimed at reducing road accidents and fatalities. ADAS encompasses a suite of sensors, cameras, radar systems, and software algorithms designed to enhance driver awareness, prevent collisions, and automate certain driving tasks. With the increasing integration of ADAS features into modern vehicles, such as adaptive cruise control, lane departure warning, automatic emergency braking, and parking assistance systems, the market experiences heightened demand from both automotive manufacturers and aftermarket suppliers. Technological advancements, including the deployment of artificial intelligence, machine learning, and sensor fusion technologies, enable more sophisticated and reliable ADAS functionalities, driving market adoption. Additionally, collaborations between automakers, technology companies, and regulatory bodies contribute to standardization efforts and accelerate the deployment of ADAS solutions globally. As safety concerns and consumer preferences drive the proliferation of advanced driver assistance systems, the automotive ADAS market poised for exponential growth, reshaping the future of mobility and transportation safety.

Automotive Advanced Driver Assistance System (ADAS) Industry- Market Size, Share, Trends, Growth Outlook

Automotive Advanced Driver Assistance System (ADAS) Market Competitive Landscape

The global Automotive Advanced Driver Assistance System (ADAS) Market Industry is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Automotive Advanced Driver Assistance System (ADAS) Market Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Automotive Advanced Driver Assistance System (ADAS) Market Industry include- Autoliv Inc, BorgWarner Inc, Continental AG, DENSO Corp, Gentex Corp, Harman International Industries Inc, HELLA GmbH and Co. KGaA, Hyundai Motor Co., Infineon Technologies AG, Intel Corp, Magna International Inc, NXP Semiconductors NV, Panasonic Holdings Corp, Renesas Electronics Corp, Robert Bosch GmbH

Automotive Advanced Driver Assistance System (ADAS) Market Trend: Increasing Integration of Advanced Safety Features in Vehicles

A significant trend in the Automotive Advanced Driver Assistance System (ADAS) market is the increasing integration of advanced safety features into vehicles to enhance driver safety and improve overall vehicle performance. With advancements in sensor technologies, artificial intelligence, and connectivity, automakers are incorporating a wide range of ADAS technologies such as adaptive cruise control, lane departure warning, automatic emergency braking, and blind-spot detection systems into their vehicles. This reflects growing consumer demand for safer and more technologically advanced vehicles, as well as regulatory initiatives aimed at reducing accidents and improving road safety.

Automotive Advanced Driver Assistance System (ADAS) Market Driver: Rising Focus on Vehicle Safety Regulations and Standards

A significant driver propelling the Automotive ADAS market is the rising focus on vehicle safety regulations and standards imposed by governments and regulatory bodies worldwide. As concerns over road safety and traffic accidents continue to escalate, policymakers are implementing stringent regulations and standards mandating the adoption of ADAS technologies in new vehicles. These regulations aim to reduce the number of accidents, injuries, and fatalities on the road by encouraging the adoption of advanced safety features that assist drivers in avoiding collisions and mitigating the severity of accidents. This underscores the importance of regulatory compliance and safety mandates in driving the adoption and deployment of ADAS technologies in the automotive industry.

Automotive Advanced Driver Assistance System (ADAS) Market Opportunity: Expansion into Autonomous Driving Technologies

An untapped opportunity in the Automotive ADAS market lies in the expansion into autonomous driving technologies that enable vehicles to operate autonomously without human intervention. While ADAS technologies provide assistance to drivers and enhance vehicle safety, autonomous driving technologies take vehicle automation to the next level by enabling vehicles to navigate and operate independently in various driving conditions. By integrating advanced sensors, cameras, LiDAR, and artificial intelligence algorithms, automakers can develop autonomous driving systems capable of performing complex driving tasks, such as lane-keeping, intersection navigation, and parking maneuvers. This presents an opportunity for Automotive ADAS suppliers to collaborate with automakers and technology partners to develop and commercialize autonomous driving solutions, catering to the growing demand for self-driving vehicles and shaping the future of mobility.

Automotive Advanced Driver Assistance System (ADAS) Market Market Segmentation

By Application

  • Passenger cars
  • Commercial vehicles

By Technology

  • AEBS
  • TPMS
  • PAS
  • LDWS
  • Others

Geographical Analysis

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • South America (Brazil, Argentina, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Automotive Advanced Driver Assistance System (ADAS) Market Companies

  • Autoliv Inc
  • BorgWarner Inc
  • Continental AG
  • DENSO Corp
  • Gentex Corp
  • Harman International Industries Inc
  • HELLA GmbH and Co. KGaA
  • Hyundai Motor Co.
  • Infineon Technologies AG
  • Intel Corp
  • Magna International Inc
  • NXP Semiconductors NV
  • Panasonic Holdings Corp
  • Renesas Electronics Corp
  • Robert Bosch GmbH

*- List not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Automotive Advanced Driver Assistance System (ADAS) Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Automotive Advanced Driver Assistance System (ADAS) Market Size Outlook, $ Million, 2021 to 2030
3.2 Automotive Advanced Driver Assistance System (ADAS) Market Outlook by Type, $ Million, 2021 to 2030
3.3 Automotive Advanced Driver Assistance System (ADAS) Market Outlook by Product, $ Million, 2021 to 2030
3.4 Automotive Advanced Driver Assistance System (ADAS) Market Outlook by Application, $ Million, 2021 to 2030
3.5 Automotive Advanced Driver Assistance System (ADAS) Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Automotive Advanced Driver Assistance System (ADAS) Industry
4.2 Key Market Trends in Automotive Advanced Driver Assistance System (ADAS) Industry
4.3 Potential Opportunities in Automotive Advanced Driver Assistance System (ADAS) Industry
4.4 Key Challenges in Automotive Advanced Driver Assistance System (ADAS) Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Automotive Advanced Driver Assistance System (ADAS) Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Automotive Advanced Driver Assistance System (ADAS) Market Outlook by Segments
7.1 Automotive Advanced Driver Assistance System (ADAS) Market Outlook by Segments, $ Million, 2021- 2030
By Application
Passenger cars
Commercial vehicles
By Technology
AEBS
TPMS
PAS
LDWS
Others

8 North America Automotive Advanced Driver Assistance System (ADAS) Market Analysis and Outlook To 2030
8.1 Introduction to North America Automotive Advanced Driver Assistance System (ADAS) Markets in 2024
8.2 North America Automotive Advanced Driver Assistance System (ADAS) Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Automotive Advanced Driver Assistance System (ADAS) Market size Outlook by Segments, 2021-2030
By Application
Passenger cars
Commercial vehicles
By Technology
AEBS
TPMS
PAS
LDWS
Others

9 Europe Automotive Advanced Driver Assistance System (ADAS) Market Analysis and Outlook To 2030
9.1 Introduction to Europe Automotive Advanced Driver Assistance System (ADAS) Markets in 2024
9.2 Europe Automotive Advanced Driver Assistance System (ADAS) Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Automotive Advanced Driver Assistance System (ADAS) Market Size Outlook by Segments, 2021-2030
By Application
Passenger cars
Commercial vehicles
By Technology
AEBS
TPMS
PAS
LDWS
Others

10 Asia Pacific Automotive Advanced Driver Assistance System (ADAS) Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Automotive Advanced Driver Assistance System (ADAS) Markets in 2024
10.2 Asia Pacific Automotive Advanced Driver Assistance System (ADAS) Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Automotive Advanced Driver Assistance System (ADAS) Market size Outlook by Segments, 2021-2030
By Application
Passenger cars
Commercial vehicles
By Technology
AEBS
TPMS
PAS
LDWS
Others

11 South America Automotive Advanced Driver Assistance System (ADAS) Market Analysis and Outlook To 2030
11.1 Introduction to South America Automotive Advanced Driver Assistance System (ADAS) Markets in 2024
11.2 South America Automotive Advanced Driver Assistance System (ADAS) Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Automotive Advanced Driver Assistance System (ADAS) Market size Outlook by Segments, 2021-2030
By Application
Passenger cars
Commercial vehicles
By Technology
AEBS
TPMS
PAS
LDWS
Others

12 Middle East and Africa Automotive Advanced Driver Assistance System (ADAS) Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Automotive Advanced Driver Assistance System (ADAS) Markets in 2024
12.2 Middle East and Africa Automotive Advanced Driver Assistance System (ADAS) Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Automotive Advanced Driver Assistance System (ADAS) Market size Outlook by Segments, 2021-2030
By Application
Passenger cars
Commercial vehicles
By Technology
AEBS
TPMS
PAS
LDWS
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Autoliv Inc
BorgWarner Inc
Continental AG
DENSO Corp
Gentex Corp
Harman International Industries Inc
HELLA GmbH and Co. KGaA
Hyundai Motor Co.
Infineon Technologies AG
Intel Corp
Magna International Inc
NXP Semiconductors NV
Panasonic Holdings Corp
Renesas Electronics Corp
Robert Bosch GmbH
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

Automotive Advanced Driver Assistance System (ADAS) Market Market Segmentation

By Application

  • Passenger cars
  • Commercial vehicles

By Technology

  • AEBS
  • TPMS
  • PAS
  • LDWS
  • Others

Geographical Analysis

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • South America (Brazil, Argentina, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Frequently Asked Questions