Press release
Advanced Driver Assistance System (ADAS) Market 2018 Key Players are Autoliv, Delphi automotive, Denso, Continental Ag, Magna International, Harman International, Bosch, Gentex, Mobileye, Hyundai Mobis, Hella, Takata, TRW Automotive, Renesas Electronics
Advanced Driver Assistance System Market
The latest scoop making headlines in the Europe Advanced Driver Assistance System (ADAS) Market is that of Italian super sports automaker, Maserati launching an upgraded version of its Ghibli sedan incorporated with new advanced driver assistance systems. Maserati’s initiative is clearly remnant of the developments underlining advanced driver assistance system (ADAS) market, that is currently moving ahead at a significant pace. Having recognized the extensive benefits of ADAS systems, numerous automakers have been working toward deploying this feature in their latest automobile brands. This paradigm shift toward implementing safety systems in vehicles on account of the increasing number of road accidents is certain to stimulate ADAS market trends.
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In the face of potentially hazardous driving scenarios, autonomous systems have been taking increasing precedence in recent times. Consequently, major players in advanced driver assistance system industry are focusing on the development of advanced automated ADAS systems. In order to retain a control over driving, these systems are embedded with features like emergency braking, lane keeping, automatic parking, and adaptive cruise control. The incorporation of additional features such as machine learning and ADAS vision have even enabled vehicles to adapt themselves to adverse climatic conditions. In this respect, a brief outline of the contribution made by ADAS market firms in launching diverse live-saving technologies is enumerated in the paragraphs below.
Top Key Players:-
The key players of global Advanced Driver Assistance System Market are Bosch Group, Autoliv AB, Delphi automotive, Denso, Continental Ag, Harman International, Magna International, Gentex Corporation, Mobileye N.V., Hyundai Mobis, Hella, Takata Corporation, TRW Automotive, and Renesas Electronics Corporation.
Jaguar Land Rover + Waymo
In order to expand the scope of smart transportation globally and consolidate their stance across myriad geographies, ADAS market players have been establishing partnerships with reputed technology providers. Recently, Jaguar Land Rover collaborated with Waymo to develop the first premium self-driving EV in the world for Waymo’s driverless transportation service. Waymo is also expected to work with Jaguar for designing the firm’s self-driving Jaguar I-Pace vehicles. This integrated partnership is a pivotal instance demonstrating the impact of lucrative liaisons in ADAS market.
Tata Motors + Wabco
The Indian OEM Tata Motors has scarcely extended its partnership with the pioneering technology provider, Wabco, having already deployed the latter’s ADAS facility in its vehicles. Tata has also conveniently implemented a collision mitigation system (CMS) and a lane departure warning system (LDWS) for its Signa and Prima trucks. The move apparently, is targeted toward the minimization of road accidents and the provision of occupant safety. Having already been a strong player in the India automotive industry, Tata, through this partnership, will further strengthen its position in the regional ADAS market as well.
Sinotruk + Wabco
In 2018, one of the prominent China-based heavy-duty truck manufacturers, Sinotruk Limited, extended its cooperation agreement with WABCO Holdings Inc., that supplies advanced technology for enhancing efficiency, connectivity, and safety of commercial vehicles. The deal is anticipated to substantially improve WABCO’s capability in innovative technologies such as ADAS, AMT, EBS, and ECAS. Incidentally, this agreement has so far, spanned almost three decades, and stands as a classic evidence to the fact that long-term business deals across the automotive sector are certain to propel advanced driver assistance system market size over the years ahead.
Groupe PSA + Harman
Although ADAS is one of the benchmark features introduced in automotive industry, it has been found that the system is massively prone to cyber-attacks. Therefore, numerous ADAS market giants have been continuously working on LIDAR and Radar sensors to control cybersecurity threats. Tech companies are playing their part in eliminating security issues as well and have been found developing advanced solutions to improve security measures in ADAS systems.
Regional Segmentations:-
Europe ADAS market will witness CAGR over 14% up to 2024. Government regulations mandating installation of safety systems in vehicles will support the industry growth. Institutional initiatives including Euro NCAP to promote driving assistance systems will drive the product penetration. In addition, presence of key automobile manufacturers provides a positive outlook for the regional demand.
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Major Points of Table Of Content:-
ADAS Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Technology providers
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.3.5.1. Role
3.3.5.2. Product portfolio
3.3.5.3. Global presence
3.4. Accidents and fatalities statistics, by region
3.4.1. North America
3.4.2. Europe
3.4.3. LATAM
3.4.4. APAC
3.4.5. MEA
3.5. ADAS Industry trends
3.5.1. Embedded vision
3.5.2. Sensors
3.5.3. Connectivity
3.5.4. Automotive systems infrastructure
3.5.5. Automotive HMI design
3.6. Pricing trends by region
3.6.1. North America
3.6.2. Europe
3.6.3. LATAM
3.6.4. APAC
3.6.5. MEA
3.6.6. Cost structure analysis
3.7. Technology landscape
3.8. Global automotive production overview, 2016
3.8.1. PCV
3.8.2. LCV
3.8.3. HCV
3.9. Regulatory landscape
3.9.1. North America
3.9.2. Europe
3.9.3. Asia Pacific
3.9.4. Latin America
3.9.5. MEA
3.10. Industry best practices & key buying criteria
3.11. Industry impact forces
3.11.1. Growth drivers, by region
3.11.1.1. North America
3.11.1.2. Europe
3.11.1.3. Asia Pacific
3.11.1.4. Latin America
3.11.1.5. Middle East & Africa
3.11.2. Industry pitfalls & challenges
3.12. Growth potential analysis
3.13. Porter’s analysis
3.14. Competitive landscape, 2016
3.14.1. Company market share, 2016
3.14.2. Strategic dashboard
3.15. PESTLE analysis
Chapter 4. ADAS Market, By Technology
4.1. Global ADAS market share by technology, 2016 & 2024
4.2. Adaptive cruise control
4.2.1. Market estimates and forecasts, 2013 – 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Automatic high beam control
4.3.1. Market estimates and forecasts, 2013 – 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Autonomous park assist
4.4.1. Market estimates and forecasts, 2013 – 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Blind spot detection
4.5.1. Market estimates and forecasts, 2013 – 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
4.6. Driver monitoring
4.6.1. Market estimates and forecasts, 2013 – 2024
4.6.2. Market estimates and forecast, by region, 2013 – 2024
4.7. Forward collision warning
4.7.1. Market estimates and forecasts, 2013 – 2024
4.7.2. Market estimates and forecast, by region, 2013 – 2024
4.8. Front lighting
4.8.1. Market estimates and forecasts, 2013 – 2024
4.8.2. Market estimates and forecast, by region, 2013 – 2024
4.9. AEB
4.9.1. Market estimates and forecasts, 2013 – 2024
4.9.2. Market estimates and forecast, by region, 2013 – 2024
4.10. Night vision
4.10.1. Market estimates and forecasts, 2013 – 2024
4.10.2. Market estimates and forecast, by region, 2013 – 2024
4.11. Head-up Display
4.11.1. Market estimates and forecasts, 2013 – 2024
4.11.2. Market estimates and forecast, by region, 2013 – 2024
4.12. Lane departure warning
4.12.1. Market estimates and forecasts, 2013 – 2024
4.12.2. Market estimates and forecast, by region, 2013 – 2024
4.13. Park assist
4.13.1. Market estimates and forecasts, 2013 – 2024
4.13.2. Market estimates and forecast, by region, 2013 – 2024
4.14. Surround view system
4.14.1. Market estimates and forecasts, 2013 – 2024
4.14.2. Market estimates and forecast, by region, 2013 – 2024
4.15. Traffic sign recognition
4.15.1. Market estimates and forecasts, 2013 – 2024
4.15.2. Market estimates and forecast, by region, 2013 – 2024
4.16. Tire pressure monitoring system
4.16.1. Market estimates and forecasts, 2013 – 2024
4.16.2. Market estimates and forecast, by region, 2013 – 2024
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The rapidly shifting trends toward the adoption of technologically advanced vehicles are thus likely to fuel ADAS industry share in the ensuing years. As the demand for such vehicles continues to increase along with changing consumer preferences, companies in ADAS market will be looking forward to launching advanced safety solutions. In accordance with the same, strategic collaborations, joint ventures, and R&D program are expected to become highly commonplace in ADAS industry soon enough. Driven by a supportive regulatory spectrum and the robust requirement of technically developed automotive parts, advanced driver assistance system market size is forecast to increase at a CAGR of 13% over 2017-2024.
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