Automotive ADAS Sensors Market by Type, Vehicle Type, End-User, Application

Description

List of Tables

[188 Pages Report] The Automotive ADAS Sensors Market size was estimated at USD 42.07 billion in 2023 and expected to reach USD 45.52 billion in 2024, at a CAGR 8.82% to reach USD 76.03 billion by 2030.

Automotive advanced driver-assistance systems (ADAS) sensors are pivotal components in modern vehicles, aimed at enhancing safety through a myriad of functionalities such as adaptive cruise control, lane departure warning, collision avoidance, and parking assistance, among others. These sensors form the backbone of the evolving autonomous driving technology, leveraging a combination of radar, LiDAR, ultrasonic, and camera-based systems to interpret the vehicle's surroundings and assist or automate driving functions. The expansion of ADAS sensors is primarily driven by the increasing emphasis on vehicle safety standards globally, technological advancements, and the growing consumer demand for safer, more efficient driving experiences. However, the integration of ADAS sensors faces challenges, including high installation and maintenance costs, complexity in system integration, and the potential for sensor malfunction due to environmental factors. Addressing these restraints requires ongoing technological innovation to lower costs, enhance system robustness and reliability, and improve sensor fusion techniques for more accurate environmental perception. The development of fully autonomous vehicles, integration with connected vehicle technologies, and the expansion into emerging markets where safety concerns and interest in autonomous driving technologies are expected to create immense requirements for ADAS sensors.

KEY MARKET STATISTICS
Base Year [2023]	USD 42.07 billion
Estimated Year [2024]	USD 45.52 billion
Forecast Year [2030]	USD 76.03 billion
CAGR (%)	8.82%

Type: Increasing use of camera sensors for accurate object and sign detection in ADAS

Cameras in ADAS are primarily used for object recognition, traffic sign detection, and lane departure warnings. They offer a high level of detail and can differentiate between various types of objects. Camera-based ADAS solutions have seen significant advancements in image processing technology, enabling more precise and faster recognition capabilities. Light Detection And Ranging (LiDAR) offers precise depth measurements by illuminating an object with laser light and measuring the reflection with a sensor. It is crucial for developing detailed 3D maps of the environment, facilitating high-level autonomous driving functionalities. LiDAR is favored in scenarios requiring accurate distance measurement and high-resolution 3D imaging, particularly in autonomous vehicles. Radar sensors utilize radio waves to detect the distance and speed of objects. They are highly effective in adverse weather conditions, where other sensors might fail, making them indispensable for collision avoidance and blind-spot detection. Sound navigation and ranging (SONAR) sensors use sound waves to detect objects and are primarily used for parking assistance and low-speed collision avoidance. Ultrasonic sensors operate similarly to SONAR but are typically used for short-range detection tasks, such as parking assistance.

Application: Exponential integration of advanced sensors in adaptive cruise control (ACC) systems for safety and automation

Adaptive cruise control (ACC) systems automatically adjust the vehicle's speed to maintain a safe distance from vehicles ahead. This technology relies on radar and cameras to monitor traffic conditions. It is ideal for drivers who frequently travel on highways and desire a comforting, less tedious driving experience. Airfield lighting (AFL) systems enhance visibility and safety on runways and taxiways. Automated parking assist (APA) systems simplify the parking process by automatically steering the car into a parking spot. Sensors detect suitable spaces and control the steering while the driver manages the pedals. Autonomous emergency braking (AEB) system automatically initiates braking to prevent a collision or reduce collision severity without driver intervention. The lane-keeping assist system aids in maintaining the vehicle within its lane boundaries. If the system detects an unintended lane departure, it either alerts the driver or automatically steers the car back. Various sensors are applied to these systems to ensure the accurate operation of ADAS-based automotive vehicles.

Regional Insights

In the Americas, particularly the U.S., there is a significant emphasis on the adoption of ADAS technologies driven by stringent regulations and a focus on reducing road fatalities. This has led to a mature market with several key players integrating high levels of ADAS in their vehicles. Production is highly sophisticated, with a strong presence of global sensor manufacturers and a growing interest in developing indigenous technologies. The APAC region is witnessing a rapid increase in ADAS sensor adoption, fueled by a booming automotive sector and governmental push towards vehicle safety and innovation. The region is home to electronic giants, which play a crucial role in sensor production, focusing heavily on innovation in cost-effective sensor technologies. The EMEA region showcases a diverse scenario where European countries dominate in terms of technology adoption and production capabilities. Regional companies are at the forefront, leveraging their strong R&D base to advance ADAS sensor technologies. The Middle East and Africa are gradually catching up, primarily influenced by European standards and the entry of international auto manufacturers. Thus, while the Americas reflect a scenario of mature adoption and high-tech production, APAC stands out for its rapid growth and focus on innovation, and EMEA emphasizes strong R&D capabilities and diverse market dynamics.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive ADAS Sensors Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive ADAS Sensors Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive ADAS Sensors Market, highlighting leading vendors and their innovative profiles. These include Allegro MicroSystems, LLC, Analog Devices, Inc., Autoliv, Inc., BorgWarner Inc., Continental AG, Denso Corporation, Elmos Semiconductor AG, HELLA GmbH & Co KGaA, Infineon Technologies AG, LeddarTech, Inc., Littlefuse, Inc., NXP Semiconductors N.V., OmniVision Technologies Inc., PIXELPLUS, Quanergy Solutions, Inc., Robert Bosch GmbH, Samsung Electronics Co., Ltd., Semiconductor Components Industries, LLC, Siemens AG, STMicroelectronics N.V., TE Connectivity, Teledyne Technologies Incorporated, Texas Instruments Incorporated., Valeo SA, and Velodyne Lidar.

Market Segmentation & Coverage

This research report categorizes the Automotive ADAS Sensors Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Camera
- LiDAR
- Radar
- SONAR
- Ultrasonic

Vehicle Type
- Fully-Autonomous Vehicle
- Semi-Autonomous Vehicle

End-User
- Commercial Vehicle
- Passenger Car

Application
- Adaptive cruise control (ACC) System
- Airfield Lighting (AFL) systems
- Automated Parking Assist (APA) systems
- Autonomous Emergency Braking (AEB) System
- Document Management Systems
- Lane Keeping Assist System

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automotive ADAS Sensors Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive ADAS Sensors Market?

3. What are the technology trends and regulatory frameworks in the Automotive ADAS Sensors Market?

4. What is the market share of the leading vendors in the Automotive ADAS Sensors Market?

5. Which modes and strategic moves are suitable for entering the Automotive ADAS Sensors Market?

Product Code: MRR-351BAD503D39

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Global movement towards electric vehicle adoption
  - 5.1.1.2. Government initiatives promoting vehicle safety
- 5.1.2. Restraints
  - 5.1.2.1. High cost of development and maintenance of sensors
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in ADAS sensor technologies
  - 5.1.3.2. Emerging investments in autonomous and connected vehicles
- 5.1.4. Challenges
  - 5.1.4.1. Complex designing and inaccuracy issues of ADAS sensors
5.2. Market Segmentation Analysis
- 5.2.1. Type: Increasing use of camera sensors for accurate object and sign detection in ADAS
- 5.2.2. Application: Exponential integration of advanced sensors in adaptive cruise control (ACC) systems for safety and automation
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automotive ADAS Sensors Market, by Type

6.1. Introduction
6.2. Camera
6.3. LiDAR
6.4. Radar
6.5. SONAR
6.6. Ultrasonic

7. Automotive ADAS Sensors Market, by Vehicle Type

7.1. Introduction
7.2. Fully-Autonomous Vehicle
7.3. Semi-Autonomous Vehicle

8. Automotive ADAS Sensors Market, by End-User

8.1. Introduction
8.2. Commercial Vehicle
8.3. Passenger Car

9. Automotive ADAS Sensors Market, by Application

9.1. Introduction
9.2. Adaptive cruise control (ACC) System
9.3. Airfield Lighting (AFL) systems
9.4. Automated Parking Assist (APA) systems
9.5. Autonomous Emergency Braking (AEB) System
9.6. Document Management Systems
9.7. Lane Keeping Assist System

10. Americas Automotive ADAS Sensors Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Automotive ADAS Sensors Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Automotive ADAS Sensors Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Ansys Collaborates with Sony Semiconductor Solutions to Advance Next-Generation Simulation of Automotive Image Sensors
- 13.3.2. OMNIVISION Announces New TheiaCel Technology and Automotive Image Sensor for LED-flicker-free Exterior Cameras
- 13.3.3. New Onsemi Hyperlux Image Sensor Family Leads the Way in Next-Generation ADAS to Make Cars Safer
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio