Global Automotive Advanced Driver Assistance Systems (ADAS) Market to Reach US$ 28.2 billion in 2022

Global Automotive Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Duty Commercial Vehicle), by Technology Type (Adaptive Cruise Control, Adaptive Front Light, Blind Spot Detection, Emergency Brake Assist, Drowsiness-Monitoring System, Lane Departure Warning, Head-up Display, Night Vision System, Park Assist, E-Call Telematics, Tire Pressure-Monitoring System, and Others ADAS), by Sensor Type (Radar, Image, LIDAR, Infrared, and Ultrasonic), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022
This report, from Stratview Research, studies the advanced driver assistance systems market in the global automotive industry over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.
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The Global Automotive Advanced Driver Assistance Systems (ADAS) Market: Highlights
The automotive advanced driver assistance systems market is projected to experience an excellent double digit CAGR of 10.2% over the next five years to reach US$ 28.2 billion in 2022, driven by rising consumers’ preferences for safety features, advancement in technology, introduction of more stringent norms, and organic growth in the global automobile production. Additionally, increasing demand for premium and luxury cars is also propelling the growth of advanced driver assistance systems in the automotive industry. Some companies have started to deploy these systems from in mid-range cars as well to fulfill consumers’ safety preferences.

The global automotive ADAS market is segmented based on the following vehicle types: Passenger Cars, Light Commercial Vehicles, and Medium & Heavy Duty Commercial Vehicles. Passenger car is expected to remain the largest vehicle type in the automotive ADAS market over the next five years, driven by increasing penetration of ADAS in the segment. The vehicle type is experiencing an expansion in usage of ADAS from luxury cars to mid-range cars. The vehicle type is also projected to witness the fastest growth during the forecast period, owing to rising demand for ADAS across regions.

Radar is expected to remain the most dominant sensor type in the automotive ADAS market during the forecast period. Radar sensors are used in a wide array of systems, such as adaptive cruise control systems and emergency brake assists. It is also anticipated to be the fastest growing sensor type in the same period. Ultrasonic and image sensors are also projected to experience a healthy growth rate in the same period.

The global automotive advanced driver assistance systems market is segmented based on the following technology types: Adaptive Cruise Control, Adaptive Front Light, Blind Spot Detection, Electronic Brake Assist, Drowsiness-Monitoring System, Lane Departure Warning, Head-up Display, Night Vision System, Park Assist, E-Call Telematics, Tire Pressure-Monitoring System, and Others ADAS. All these technologies are expected to grow at a healthy pace during the forecast period. Tire monitoring system will continue to occupy a large market share in the North America and Europe region because of mandated regulation by the US and European (countries’) governments. Adaptive cruise control system is expected to remain dominant in the North America region. Asia- Pacific is estimated to be the fastest growing region for blind spot detection, emergency brake assist, head-up display, and park assist systems, mainly because of high congestion in traffic and rising purchasing power in developing countries.

In terms of region, North America is estimated to remain the leading global automotive ADAS market during the forecast period. Increasing demand for high safety features, mandate of some of the key ADAS system installations in the vehicles such as tire pressure monitoring system, and organic growth in automotive production are the major growth drivers of the region over the next five years. Asia-Pacific is expected to grow at a higher rate during the forecast period because of increased automobile production, especially in China and India and increasing penetration of ADAS in the major Asia-Pacific markets, such as China, Japan, and India. Middle East and Latin America are also estimated to experience a healthy growth in the same period.
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Continental AG, Delphi Automotive Plc, Denso Corporation, Robert Bosch GMBH, Magna International Inc., Valeo, and ZF TRW Automotive are some of the major players in the global automotive ADAS market. Other players include Audi AG, BMW AG, Ford Motors Co., and General Motors. Long-term contracts and advancement in technologies are the key strategies adopted by major OEM players to gain competitive edge in the market throughout the globe.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis.
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
Market trend and forecast analysis.
Market segment trend and forecast.
Competitive landscape and dynamics: Market share, End-User portfolio, End-User launches, etc.
Attractive market segments and associated growth opportunities.
Emerging trends.
Strategic growth opportunities for the existing and new players.
Key success factors.
The automotive advanced driver assistance systems market is segmented into the following categories.

Global Automotive Advanced Driver Assistance Systems Market by Vehicle Type:
• Passenger Car (Regional Analysis: NA, Europe, APAC, and RoW)
• Light Commercial Vehicle (Regional Analysis: NA, Europe, APAC, and RoW)
• Medium & Heavy Duty Commercial vehicle (Regional Analysis: NA, Europe, APAC, and RoW)
Global Automotive Advanced Driver Assistance System Market by Technology Type:
• Adaptive Front Light (Regional Analysis: NA, Europe, APAC, and RoW)
• Blind Spot Detection (Regional Analysis: NA, Europe, APAC, and RoW)
• Electronic Brake Assist (Regional Analysis: NA, Europe, APAC, and RoW)
• Drowsiness-Monitoring System (Regional Analysis: NA, Europe, APAC, and RoW)
• Lane Departure Warning (Regional Analysis: NA, Europe, APAC, and RoW)
• Head-up Display (Regional Analysis: NA, Europe, APAC, and RoW)
• Night Vision System (Regional Analysis: NA, Europe, APAC, and RoW)
• Park Assist (Regional Analysis: NA, Europe, APAC, and RoW)
• E-Call Telematics (Regional Analysis: NA, Europe, APAC, and RoW)
• Tire Pressure-Monitoring System (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Automotive Advanced Driver Assistance System Market by Sensor Type:
• Radar (Regional Analysis: NA, Europe, APAC, and RoW)
• Image (Regional Analysis: NA, Europe, APAC, and RoW)
• LIDAR (Regional Analysis: NA, Europe, APAC, and RoW)
• Infrared (Regional Analysis: NA, Europe, APAC, and RoW)
• Ultrasonic (Regional Analysis: NA, Europe, APAC, and RoW)
Global Automotive Advanced Driver Assistance System Market by Region:

• North America (Country Analysis: USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, UK, Italy, Russia, and Rest of the Europe)
• Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and Rest of Asia-Pacific)
• Rest of the world (Country Analysis: Brazil, Argentina, and Others)

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