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In this report, the global Advanced Driver Assistance Systems (ADAS) market to reach 51 billion USD by 2022 from 11 Billion USD in 2016, growing at a CAGR of 26.98% between 2016 and 2022. There is a rising demand for passenger car applications. Moreover, the popularity of ADAS system in family car creating a huge demand for Advanced Driver Assistance Systems (ADAS) worldwide. The major factors driving the growth of the Advanced Driver Assistance Systems (ADAS) market further include the promotion of government policy and the increasing consumer demand for safety.
Parking Assist Systems is expected to lead the global ADAS market. In 2015, parking assist systems held the largest share in the market owing to the development of the partial and fully autonomous cars. This system helps the driver to safely park the cars in the exhaustive and challenging situation by giving a full perspective of the vehicle back side including the blind spots. From the one that would help demonstrate the driver of any possible collisions while parking, park assist systems have evolved into one what would park the vehicle without any intervention from the driver's side. Ford Global Technologies and Bosch are the major players that own most of the patents related to the park assist technology.
The classification of Advanced Driver Assistance Systems (ADAS) includes Adaptive Cruise Control (ACC), Lane Departure Warning (LDW) System, Park Assist, Blind Spot Detection and Other.
Advanced Driver Assistance Systems (ADAS) can be used for Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV).
The European Advanced Driver Assistance System market is expected to hold the largest share by 2022 owing to the major driving factors such as matured automotive sector, higher adoption of advanced technology, and high consumer preference for the driver safety and safety regulations. The expansion of European Automotive market will drive the growth of ADAS market After Germany and the UK; the US is expected to be the next emerging country for the global ADAS market. The low-interest rates and growing customer confidence are playing a key role in the increased sales of cars in this region. The new vehicle registrations have in fact surpassed pre-recession levels, indicating a positive growth prospect for the automotive sector in the country.
Continental Ag, Delphi Automotive PLC, Robert Bosch Gmbh, Aisin Seiki Co. Ltd., Autoliv Inc, Denso Corporation, Valeo, Magna International, Trw Automotive Holdings Corp., Hella Kgaa Hueck & Co., Ficosa International S.A., Mobileye NV, Mando Corp., Texas Instruments Inc., Tass international are the leaders of the industry.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Advanced Driver Assistance Systems (ADAS) for these regions, from 2014 to 2026 (forecast), covering
- China
- USA
- Europe
- Japan
- Korea
- India
- Southeast Asia
- South America
Global Advanced Driver Assistance Systems (ADAS) market competition by top manufacturers/players, with Advanced Driver Assistance Systems (ADAS) sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
- Continental Ag
- Delphi Automotive PLC
- Robert Bosch Gmbh
- Aisin Seiki Co. Ltd.
- Autoliv Inc
- Denso Corporation
- Valeo
- Magna International
- Trw Automotive Holdings Corp.
- Hella Kgaa Hueck & Co.
- Ficosa International S.A.
- Mobileye NV
- Mando Corp.
- Texas Instruments Inc.
- Tass international
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Adaptive Cruise Control (ACC)
- Lane Departure Warning (LDW) System
- Park Assist
- Blind Spot Detection
- Others
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Advanced Driver Assistance Systems (ADAS) for each application, including
- Adaptive Cruise Control (ACC)
- Lane Departure Warning (LDW) System
- Park Assist
- Blind Spot Detection
- Others
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