Press release
Advanced Driver Assistance Systems (ADAS) Market 2023 | Size to Hit US$ 46.2 Billion at CAGR of 10.56% by 2028
Advanced Driver Assistance Systems (ADAS) Market
The global advanced driver assistance systems market size reached US$ 25.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 46.2 Billion by 2028, exhibiting a growth rate (CAGR) of 10.56% during 2023-2028.
Advanced driver assistance systems (ADAS) include a range of features and technologies designed to improve vehicle operation safety and convenience. They use sensors and other advanced technologies to provide vehicles with enhanced capabilities and consist of automatic emergency braking, lane-keeping assistance, adaptive cruise control, and parking assistance. They help prevent accidents by warning drivers of potential dangers and providing assistance in avoiding them. They detect objects on the road and can apply the brakes if the driver fails to do so as well as they can provide corrective steering input to keep the vehicle in its lane.
Request Free Sample Report: https://www.imarcgroup.com/advanced-driver-assistance-systems-market/requestsample
Market Trends:
The escalating demand for automobile safety among consumers majorly drives the global market. This can be attributed to the rising awareness of the safety and convenience benefits that these features offer. Apart from this, numerous mobility services, such as ride-hailing and car-sharing companies are adopting ADAS to reduce the risk of accidents and enable safer and more efficient operations, which is acting as another growth-inducing factor. Moreover, continual technological advancements and the development of sophisticated ADAS features for enhanced convenience and safety benefits are creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and extensive research and development (R&D) activities.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/advanced-driver-assistance-systems-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape with key players:
• Autoliv Inc.
• Continental AG
• Denso Corporation
• Hyundai Mobis Co. Ltd (Hyundai Motor Group)
• Magna International Inc.
• Mobileye (Intel Corporation)
• Robert Bosch GmbH
• Texas Instruments Incorporated
• Valeo
• ZF Friedrichshafen AG
Key Market Segmentation:
Breakup by Solution Type:
• Adaptive Cruise Control
• Blind Spot Detection System
• Park Assistance
• Lane Departure Warning System
• Tire Pressure Monitoring System
• Autonomous Emergency Braking
• Adaptive Front Lights
• Others
Breakup by Component Type:
• Processor
• Sensors
o Radar
o Ultrasonic
o LiDAR
o Others
• Software
• Others
Breakup by Vehicle Type:
• Passenger Cars
• Commercial Vehicles
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Explore the Latest Research Reports 2023-2028:
• Connected Mining Market: https://www.imarcgroup.com/connected-mining-market
• Crop Protection Chemicals Market: https://www.imarcgroup.com/crop-protection-chemicals-market
• Greek Yogurt Market: https://www.imarcgroup.com/greek-yogurt-market
• Blister Packaging Market: https://www.imarcgroup.com/blister-packaging-market
• Butterfly Valve Market: https://www.imarcgroup.com/butterfly-valve-market
• Frac Sand Market: https://www.imarcgroup.com/frac-sand-market
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Advanced Driver Assistance Systems (ADAS) Market 2023 | Size to Hit US$ 46.2 Billion at CAGR of 10.56% by 2028 here
News-ID: 2993344 • Views: …
More Releases from IMARC Group
How Is the Rising Adoption of Breed-Specific Diets Driving Growth in the Pet Foo …
Market Overview
The global pet food market size was valued at USD 130.8 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 192.8 Billion by 2033, exhibiting a CAGR of 4.4% from 2025-2033. North America currently dominates the pet food market share holding over 42.5 % in 2024.
Study Assumption Years
• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033
Rising Pet Humanization and Premium Nutrition Demand
Pet humanization also…
Is the Dairy Industry in India Scalable and Investable Amid Cost Pressure, Regul …
For CXOs and investors, the Indian dairy industry presents a structural decision challenge rather than a demand question. While consumption remains resilient, cost volatility, regulatory oversight, and competitive pressure directly influence scalability and return visibility. This assessment examines whether the industry offers a genuinely investable structure or whether structural constraints continue to limit long-term value creation.
Access detailed market intelligence, risks, and strategic insights
[Request Full Research Access] https://www.imarcgroup.com/dairy-industry-in-india/requestsample
"The Indian dairy industry…
Waste Tyre Recycling Plant Setup Report 2025: Capital Cost, Process & Feasibilit …
Introduction
Waste tyre recycling is the process of collecting, processing, and converting end-of-life tyres into reusable materials or energy, reducing environmental harm and conserving resources. Discarded tyres are mechanically shredded, granulated, or chemically treated through methods such as pyrolysis, devulcanization, and crumbing to recover rubber, steel, textiles, oils, and carbon black. Recycled tyre products are widely used in road construction, sports surfaces, molded rubber goods, fuel substitutes, and industrial applications. By…
Digital Textile Printer Manufacturing Plant Setup | Machinery, Cost Analysis and …
Introduction
A digital textile printer is a specialized printing machine used to print designs, patterns, and images directly onto fabrics using digital technology. Unlike traditional screen printing, digital textile printing allows high-resolution, full-color designs with intricate details and gradients on various types of fabrics, including cotton, silk, polyester, and blends. The printer uses inkjet technology, often with water-based or pigment inks, to transfer the design accurately onto the textile surface. Digital…
More Releases for ADAS
ADAS Calibration Service Market Trends, Investment Opportunities, and Growth Ana …
Coherent Market Insights Reports has released a detailed research analysis on the Global "ADAS Calibration Service Market" 2025, highlighting key trends, growth dynamics, and forecast insights through 2032. This comprehensive report presents an in-depth evaluation of the market landscape, analyzing the factors that influence industry growth, including manufacturers, suppliers, market participants, and end users. It offers valuable insights into the core drivers fueling market expansion across various segments such as…
Automotive ADAS (Advanced Driver Assistance Systems (ADAS)) Market Industry Anal …
Automotive ADAS (Advanced Driver Assistance Systems) Market Size is Projected to Reach USD 74.75 Billion by 2032, Growing at a CAGR of 11.98 % From 2024-2032.
Advanced Driver-Assistance Systems (ADAS) enhance vehicle and road safety by utilizing sensors, cameras, and automated technology to detect nearby obstacles and provide critical safety features such as pedestrian detection, lane departure warning, automatic emergency braking, and blind spot detection. These systems play a pivotal…
ADAS Film Heaters Market Research Report
ADAS (Advanced Driver Assistance Systems) camera heaters are components integrated into vehicles equipped with ADAS technologies to prevent the formation of ice, frost, or condensation on the camera lenses. These heaters are designed to ensure the proper functioning of ADAS cameras, which play a crucial role in features such as lane departure warning, collision avoidance, and adaptive cruise control. In cold or inclement weather conditions, the camera heaters help maintain…
ADAS Market Worth $40.2 Billion by 2029
According to a new market research report titled, 'ADAS Market by System Type, Component (Sensors, Actuators), Vehicle Automation, Vehicle Type, End User, and Geography - Global Forecast to 2029,' the global ADAS market is projected to reach $40.2 billion by 2029, at a CAGR of 21.6% from 2022 to 2029.
Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5377
The growth of this market is attributed to the Increasing ADAS adoption due to stringent…
Automotive ADAS Chip Market 2023 | Detailed Report
ReportsnReports publishes the report titled Automotive ADAS Chip that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors like…
What is ADAS
What is ADAS?
ADAS, as also known as, the advanced driver assistance system. It was designed to protect drivers from avoidable car accidents and reduce the loss of life and property caused by driver fatigue and distracted driving. The highest level of ADAS implementation would be Tesla’s Autopilot which employs adaptive cruise control, auto-centering, collision avoidance, etc. However, not everybody wants to pay thousands of dollars Tesla’s ADAS package. The Acumen…
