Advanced Driver Assistance System Market by Offering, Technology, Autonomous Driving Level, Vehicle Type

Description

List of Tables

[186 Pages Report] The Advanced Driver Assistance System Market size was estimated at USD 39.83 billion in 2023 and expected to reach USD 43.00 billion in 2024, at a CAGR 8.47% to reach USD 70.38 billion by 2030.

Global Advanced Driver Assistance System Market

KEY MARKET STATISTICS
Base Year [2023]	USD 39.83 billion
Estimated Year [2024]	USD 43.00 billion
Forecast Year [2030]	USD 70.38 billion
CAGR (%)	8.47%

Advanced Driver Assistance System Market - IMG1

The advanced driver assistance system (ADAS) comprises advanced electronic systems and technologies that aid drivers in the safe operation of vehicles, enhancing the overall driving experience and performance. These systems aim to improve safety, efficiency, and comfort by providing real-time information about traffic conditions on the road, facilitating effective communication between vehicles, infrastructure, and other road users. Increasing consumer demand for enhanced safety features and stringent government regulations associated with vehicle safety is driving the usage of ADAS systems. The rising adoption of connected car technologies and growing penetration of autonomous driving technology are elevating the demand for ADAS systems. High costs associated with the implementation of advanced systems, particularly in low-end vehicle segments, and concerns over data privacy and cybersecurity issues hamper the market growth. Additionally, the integration of artificial intelligence (AI), machine learning (ML), and computer vision in ADAS that contribute significantly to the development of smarter ADAS solutions is expected to create opportunities for market growth. Moreover, the creation of standardized communication protocols to facilitate interoperability between various ADAS solutions is expected to create a platform for market growth.

Regional Insights

The automotive industry, which includes manufacturing motor vehicles and aftermarket parts, generates noteworthy sales of connected cars and commercial vehicles across the Americas, APAC, and EMEA. These sales represent a massive demand for many security features associated with vehicle safety and connectivity systems, creating a potential platform for the ADAS market. As per the International Organization of Motor Vehicle Manufacturers (OICA), in 2021, the total car production was 21.40 million in China, 6.61 million in Japan, 3.63 million in India, and 3.16 million in South Korea, 0.44 million in Malaysia, 0.59 million in Thailand, and 0.88 million in Indonesia. The ongoing government initiatives and investments for electric vehicle manufacturing with expanding manufacturing hubs in the American region promote the enormous demand for the ADAS. Furthermore, the presence of native market players and their ongoing efforts to integrate advanced technologies to introduce smart ADAS is expected to benefit market growth in the Americas. The rising safety norms for minimizing road accidents and the advancements in security features have significantly increased the EMEA's transportation sector's output, thereby creating a platform for the ADAS market.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Advanced Driver Assistance System 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 Advanced Driver Assistance System 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 Advanced Driver Assistance System Market, highlighting leading vendors and their innovative profiles. These include Adasky Ltd., aiMotive by Stellantis N.V., Aisin Corporation, Analog Devices, Inc., Arm Limited, Autoliv Inc., Bayerische Motoren Werke Aktiengesellschaft, Capgemini SE, Continental AG, Delphi Automotive, PLC by BorgWarner Inc., Denso Corporation, Ford Motor Company, Harman International Industries by Samsung Electronics Co., Ltd., HERE Global B.V., Hitachi, Ltd., Hyundai Motor Company, Infineon Technologies AG, Magna International Inc., Mercedes-Benz Group AG, Mitsubishi Electric Corporation, Mobileye by Intel Corporation, NEC Corporation, NVIDIA Corporation, Qualcomm Incorporated, Robert Bosch GmbH, TomTom International BV, Volvo Car Corporation, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Advanced Driver Assistance System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offering
- Hardware
  - Camera
  - LiDAR
  - RADAR
  - Ultrasonic Sensor
- Software
Technology
- Adaptive Cruise Control
- Adaptive Front Light System
- Automatic Emergency Braking
- Blind Spot Detection
- Driver Monitoring Systems/ Drowsiness Monitoring System
- Forward Collision System
- Lane Keep Assist & Lane Departure Warning
- Night Vision System
- Park Assist System
- Pedestrian Detection System
- Road Sign Recognition
- Tire Pressure Monitoring System
- Traffic Jam Assist
Autonomous Driving Level
- Level 0
- Level 1
- Level 2
- Level 3
- Level 4
- Level 5
Vehicle Type
- Commercial Vehicle
- Passenger Vehicle
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 Advanced Driver Assistance System Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Advanced Driver Assistance System Market?

3. What are the technology trends and regulatory frameworks in the Advanced Driver Assistance System Market?

4. What is the market share of the leading vendors in the Advanced Driver Assistance System Market?

5. Which modes and strategic moves are suitable for entering the Advanced Driver Assistance System Market?

Product Code: MRR-431B7BFFBF9D

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. Limitations
1.7. Assumptions
1.8. 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

4.1. Introduction
4.2. Advanced Driver Assistance System Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing adoption of autonomous and semi-autonomous vehicles
  - 5.1.1.2. Rising government mandates to enhance vehicle safety coupled with awareness among consumers
- 5.1.2. Restraints
  - 5.1.2.1. High costs associated with the implementation of ADAS
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous advancements to introduce novel ADAS
  - 5.1.3.2. Creation of standardized communication protocols to facilitate interoperability between ADAS solutions
- 5.1.4. Challenges
  - 5.1.4.1. Security and privacy concerns with the usage of ADAS
5.2. Market Segmentation Analysis
- 5.2.1. Offering: Significant ongoing advances in software used in ADAS
- 5.2.2. Technology: Improving technology segments contributing to enhanced driver safety and convenience
- 5.2.3. Autonomous Driving Level: Increasing production of high and full automation vehicles
- 5.2.4. Vehicle Type: Growing usage of ADAS in passenger vehicles
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Advanced Driver Assistance System Market, by Offering

6.1. Introduction
6.2. Hardware
- 6.3.1. Camera
- 6.3.2. LiDAR
- 6.3.3. RADAR
- 6.3.4. Ultrasonic Sensor
6.3. Software

7. Advanced Driver Assistance System Market, by Technology

7.1. Introduction
7.2. Adaptive Cruise Control
7.3. Adaptive Front Light System
7.4. Automatic Emergency Braking
7.5. Blind Spot Detection
7.6. Driver Monitoring Systems/ Drowsiness Monitoring System
7.7. Forward Collision System
7.8. Lane Keep Assist & Lane Departure Warning
7.9. Night Vision System
7.10. Park Assist System
7.11. Pedestrian Detection System
7.12. Road Sign Recognition
7.13. Tire Pressure Monitoring System
7.14. Traffic Jam Assist

8. Advanced Driver Assistance System Market, by Autonomous Driving Level

8.1. Introduction
8.2. Level 0
8.3. Level 1
8.4. Level 2
8.5. Level 3
8.6. Level 4
8.7. Level 5

9. Advanced Driver Assistance System Market, by Vehicle Type

9.1. Introduction
9.2. Commercial Vehicle
9.3. Passenger Vehicle

10. Americas Advanced Driver Assistance System Market

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

11. Asia-Pacific Advanced Driver Assistance System 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 Advanced Driver Assistance System 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. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
  - 13.3.1.1. Qualcomm Completes Acquisition of Arriver Business from SSW Partners
- 13.3.2. Agreement, Collaboration, & Partnership
  - 13.3.2.1. BMW to use Amazon cloud technology to build its autonomous driving features for new EVs
  - 13.3.2.2. Minda Corporation partners with Daesung Eltec for ADAS technology

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. Adasky Ltd.
- 14.1.2. aiMotive by Stellantis N.V.
- 14.1.3. Aisin Corporation
- 14.1.4. Analog Devices, Inc.
- 14.1.5. Arm Limited
- 14.1.6. Autoliv Inc.
- 14.1.7. Bayerische Motoren Werke Aktiengesellschaft
- 14.1.8. Capgemini SE
- 14.1.9. Continental AG
- 14.1.10. Delphi Automotive, PLC by BorgWarner Inc.
- 14.1.11. Denso Corporation
- 14.1.12. Ford Motor Company
- 14.1.13. Harman International Industries by Samsung Electronics Co., Ltd.
- 14.1.14. HERE Global B.V.
- 14.1.15. Hitachi, Ltd.
- 14.1.16. Hyundai Motor Company
- 14.1.17. Infineon Technologies AG
- 14.1.18. Magna International Inc.
- 14.1.19. Mercedes-Benz Group AG
- 14.1.20. Mitsubishi Electric Corporation
- 14.1.21. Mobileye by Intel Corporation
- 14.1.22. NEC Corporation
- 14.1.23. NVIDIA Corporation
- 14.1.24. Qualcomm Incorporated
- 14.1.25. Robert Bosch GmbH
- 14.1.26. TomTom International BV
- 14.1.27. Volvo Car Corporation
- 14.1.28. ZF Friedrichshafen AG
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing