ADAS Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Vehicle Type (Passenger Cars and Commercial Vehicles), By Sensor Type (Radar, Ultrasonic, Camera and LiDAR), By Level of Autonomy (Level 1, Level 2, Level 3, Level 4 and Level 5), By Function (Collision Avoidance, Adaptive Cruise Control, Lane Departure Warning System, Rear Cross Traffic Assistance, Emergency Braking, Intersection Assistance, Automatic Speed Limit, Park Assistance and Others) and By Region, Competition

  • Industry : Automotive
  • Pages : 255
  • Published Date : July, 2023
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Summary

Report Description

The global ADAS market was valued at USD40.66 billion in 2022 and is forecast to register a CAGR of 7.08% to reach USD60.10 billion in the year 2028. The Advanced Driver Assistance System, also known as the (ADAS) is a key feature for the safety of modern vehicles. ADAS helps in monitoring, braking, warning, and steering tasks which reduce the chance of road accidents and protects the driver. In the coming years it is anticipated that demand for advanced driver assistance systems (ADAS), which assist with monitoring, warning, braking, and steering activities, would rise in the coming years, driven mostly by consumer and regulatory interest in safety applications that safeguard drivers and lower collision rates. For example, by 2020, both the European Union and the United States required that all vehicles had autonomous emergency braking and forward collision warning systems. According to a recent survey, ADAS applications that enhance comfort and efficiency, such those that help with parking or monitor blind spots, are becoming even more popular with car purchasers.

Even though ADAS applications are still in their infancy, original equipment manufacturers (OEMs) and their suppliers are aware that they may one day serve as the primary characteristic that distinguishes automobile brands and serve as one of their most significant sources of revenue. And since completely autonomous vehicles are already a key area of research and development at OEMs as well as high-tech businesses who have just lately entered the automotive sector, like Google, the same technology that enable today's ADAS solutions might also be utilized to produce them. Therefore, any ADAS system that receives early support may have a benefit when self-driving cars are commercially available.

Market Overview

Global ADAS Market Drivers

Given the rapid technical advancements occurring in the connected and autonomous vehicle ecosystem, intelligent transportation systems and connected infrastructure are now necessary for testing autonomous vehicles. Automotive OEMs, tier 1 component suppliers, and governments from numerous countries are currently investing heavily in the development of connected and autonomous vehicle infrastructure. Developed nations, including the U.S., Germany, and the U.K., among others, are providing sizable financing towards the creation of intelligent transportation networks for autonomous vehicles.

Numerous developments have occurred in the commercial vehicle market, especially with terms of higher profit margins and acceptance of new technologies like telematics and autonomous driving. Due to the swift changes in laws, regulations, and transportation infrastructure to accommodate the growing freight movement, modern vehicles now feature ADAS components. In the upcoming years, new opportunities are anticipated to be created by the increasing sales of commercial cars and the OEMs' growing demand for ADAS components.

To improve the performance of the vehicle, governments from many nations are focusing on developing and implementing standards for ADAS features and their related specifications. For instance, considering the increasing availability of ADAS on contemporary autos, the Chinese government recently unveiled three new regulations that specifically address ADAS. Over the course of the forecast period, it is anticipated that demand will increase because of new legislation being adopted by governments all over the world, which are expected to encourage users and increase awareness of the benefits of ADAS systems in automobiles.

Global ADAS Market Trends

The introduction of autonomous vehicles is expected to alter how people commute, and the market for ADAS players is expected to expand as more businesses work to develop these technologies. The use of ADAS features will be crucial in the development of fully and partially autonomous vehicles over the coming years, which is expected to boost business for companies engaged in the worldwide ADAS market. Automakers including Tesla, Volkswagen, Ford, Toyota, General Motors, and Waymo intend to introduce fully autonomous vehicles in the upcoming years, and some of these firms have already introduced products into the market. As a result, the global ADAS market will experience growth over the forecast period.

The importance of road safety is rising, which has increased demand for ADAS technologies. The benefits of ADAS in reducing accidents is becoming more widely known among consumers as governments and regulatory bodies adopt stringent safety rules. ADAS significantly relies on several sensors, including cameras, radar, LiDAR, and ultrasonic sensors to gather data about the area surrounding the vehicle. Constant advances in sensor technology, such as higher resolution cameras and improved radar systems, are enhancing the precision and scope of ADAS features. Advanced driver assistance systems (ADAS) may greatly increase road safety. They operate by alerting or assisting drivers to prevent or decrease crashes. Every year, more vehicles with these systems fitted are sold.

Global ADAS Market Challenges

The total expense of ADAS systems in the vehicles is significantly influenced by the cost of manufacturing electrical and ADAS parts. For the time being, this complicates ADAS regulations. Overall, the high maintenance costs and component costs are causing the price of automobiles with ADAS capabilities to rise. A variety of data sources, such as automotive imaging, RADAR, LiDAR, image processing, computer vision, and vehicle networking, are used as inputs by ADAS. Due to the increased costs associated with these premium amenities in cars, prices have increased. Overall, all these obstacles are predicted to impede market expansion.

Stringent Government Policies

In the world, there are various organizations that are involved in ensuring vehicle safety. These organizations have been steadily incorporating more and more ADAS-related protocols and standards. In Europe, North America, and other parts of the world these organizations are mandating automotive safety measures, and defining, and refining regulations. One such organization is the “Society of Automotive Engineers” (SAE), which is the international authority that releases the standards which are used by 120,000 members all around the world, in the automotive and aerospace domains. According to this organization, there are some standards related to automated driving and ADAS which are J3016 Taxonomy and Definitions for Terms Related to On-Road Motor Vehicle Automated Driving Systems, J3134 ADAS Equipped Vehicle Signal and Marking Lights (Work in Progress).


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Recent Developments

Due to an increase in adaptation of the ADAS in the vehicle, many investors are investing in this technology, companies like ZF Friedrichshafen AG ("ZF") which is a Germany-based automotive technology supplier have recently invested in StradVision company by taking its 6% stake in the company. StradVision is developing AI-powered computer vision technology for autonomous vehicles and advanced driver assistance system (ADAS). In May 2022, BlackBerry announced that it is going to team up with Magna International MGA for the development of next-generation Advanced Driver Assistance Systems (ADAS) solutions for the next-generation automotive manufacturers.

Market Opportunity

The growing demand for advanced vehicles equipped with the different technology is expected to generate new opportunities for the ADAS making companies in the market in the forecast years. Many regional governments are influencing the adoption of electric vehicles by providing subsidies and incentives. As electric vehicle in nowadays is coming with the equipped ADAS technology in the vehicle, also the vehicle manufacturing companies in the market are looking for the ADAS making companies which is an opportunity for the ADAS sensors and software making companies to grow their market share by doing tie-ups with vehicle manufacturing companies. Therefore, the rise in advanced vehicle sales is expected to become a big opportunity for the ADAS companies.

Company Insights

In addition to six airbags, three-point seatbelts, reminders for all seats, and all-wheel disc brakes, Hyundai has just verified Level 2 ADAS features for the brand-new Verna, as we had previously reported. Hyundai has been slowly releasing additional Verna information leading up to its global debut in March 2021. Previously, Hyundai also gave a sneak peek at the Verna's all-new infotainment screen and digital instrument panel. Undoubtedly, one of the most prominent talking points about the new Verna has been ADAS. To provide Level 2 ADAS capability, Hyundai has now disclosed that the Verna will be fitted with front and back radars, sensors, and a front camera. This means that in addition to detecting obstructions, the Verna will also send out warnings and corrective measures. According to Hyundai, the technology will function in all weather. A few of the features in the ADAS suite are forward collision warning, blind spot collision warning, blind spot collision-avoidance assist, lane keeping assistance, lane departure warning, driver attention warning, adaptive cruise control with stop and go, lane following assistance, leading vehicle departure alert, and rear cross traffic collision-avoidance assist.

Market Segmentation

The Global ADAS Market is segmented into vehicle type, sensor type, level of autonomy, function, by region and competitive landscape. Based on vehicle type the market is divided into passenger cars, and commercial vehicles. Based on sensor type the market is divided into radar, ultrasonic, camera, and LiDAR. Based on level of autonomy the market is divided into level 1, level 2, level 3, level 4, and level 5. Based on function the market is divided into Collision Avoidance, Adaptive Cruise Control, Lane Departure Warning System, Rear cross Traffic Assistance, Emergency Braking, Intersection Assistance, Automatic Speed Limit, Park Assistance and Others.

Company Profiles

Robert Bosch GmbH, Continental AG, Autoliv Inc, ZF Friedrichshafen AG, DENSO Corporation, Aptiv Global Operations Limited, Magna International Inc, Valeo, Ambarella Inc, Aisin Corporation are the leading companies operating in the global ADAS market.


Attribute

Details

Revenue in 2022

USD40.66 Billion

Revenue Forecast in 2028

USD60.10 Billion

Growth Rate

7.08%

United States Revenue Forecast in 2028

USD10.51 Billion

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Vehicle Type

By Sensor Type

By Level of Autonomy

By Function

By Region

Regional Scope

Asia-Pacific, North America, Latin America, Europe &CIS, Middle East & Africa

Country Scope

China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Vietnam, United States, Mexico, Canada, Germany, Spain, France, United Kingdom, Slovakia, Italy, Russia, Brazil, Argentina, Colombia, Turkey, South Africa, Iran, Egypt

Key Companies Profiled

Robert Bosch GmbH, Continental AG, Autoliv Inc, ZF Friedrichshafen AG, DENSO Corporation, Aptiv Global Operations Limited, Magna International Inc, Valeo, Ambarella Inc, Aisin Corporation

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, global ADAS market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • ADAS Market, By Vehicle Type:
    • Passenger Cars
    • Commercial Vehicles
  • ADAS Market, By Sensor Type:
    • Radar
    • Ultrasonic
    • Camera
    • LiDAR
  • ADAS Market, By Level of Autonomy:
    • Level 1
    • Level 2
    • Level 3
    • Level 4
    • Level 5
  • ADAS Market, By Function:
    • Collision Avoidance
    • Adaptive Cruise Control
    • Lane Departure Warning System
    • Rear cross Traffic Assistance
    • Emergency Braking
    • Intersection Assistance
    • Automatic Speed Limit
    • Park Assistance
    • Others
  • ADAS Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • India
      • Thailand
      • Indonesia
      • Malaysia
      • Vietnam
    • North America
      • United States
      • Mexico
      • Canada
    • Europe & CIS
      • Germany
      • Spain
      • France
      • United Kingdom
      • Slovakia
      • Italy
      • Russia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • Turkey
      • South Africa
      • Iran
      • Egypt

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global ADAS Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Introduction

1.1.  Market Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Data Triangulation & Validation

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Factors Influencing Purchase Decision

4.2.  Brand Awareness

4.3.  Challenges/Unmet Needs

5.    Impact of COVID-19 on Global ADAS Market

6.    Global ADAS Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Vehicle Type Market Share Analysis (Passenger Cars and Commercial Vehicles)

6.2.2.    By Sensor Type Market Share Analysis (Radar, Ultrasonic, Camera and LiDAR)

6.2.3.    By Level of Autonomy Market Share Analysis (Level 1, Level 2, Level 3, Level 4 and Level 5)

6.2.4.    By Function Market Share Analysis (Collision Avoidance, Adaptive Cruise Control, Lane Departure Warning System, Rear cross Traffic Assistance, Emergency Braking, Intersection Assistance, Automatic Speed Limit, Park Assistance and Others)

6.2.5.    By Regional Market Share Analysis

6.2.5.1.        Europe & CIS Market Share Analysis

6.2.5.2.        Asia-Pacific Market Share Analysis

6.2.5.3.        North America Market Share Analysis

6.2.5.4.        South America Market Share Analysis

6.2.5.5.        Middle East & Africa Market Share Analysis

6.2.6.    By Company Market Share Analysis (2022)

6.3.  Global ADAS Market Mapping & Opportunity Assessment

6.3.1.    By Vehicle Type Market Mapping & Opportunity Assessment

6.3.2.    By Sensor Type Market Mapping & Opportunity Assessment

6.3.3.    By Level of Autonomy Market Mapping & Opportunity Assessment

6.3.4.    By Function Market Mapping & Opportunity Assessment

6.3.5.    By Region Market Mapping & Opportunity Assessment

7.    Asia-Pacific ADAS Market Outlook, 2018-2028F

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Vehicle Type Market Share Analysis

7.2.2.    By Sensor Type Market Share Analysis

7.2.3.    By Level of Autonomy Market Share Analysis

7.2.4.    By Function Market Share Analysis

7.2.5.    By Country Market Share Analysis

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China ADAS Market Outlook, 2018-2028F

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Vehicle Type Market Share Analysis

7.3.1.2.2.           By Sensor Type Market Share Analysis

7.3.1.2.3.           By Level of Autonomy Market Share Analysis

7.3.1.2.4.           By Function Market Share Analysis

7.3.2.    Japan ADAS Market Outlook, 2018-2028F

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Vehicle Type Market Share Analysis

7.3.2.2.2.           By Sensor Type Market Share Analysis

7.3.2.2.3.           By Level of Autonomy Market Share Analysis

7.3.2.2.4.           By Function Market Share Analysis

7.3.3.    South Korea ADAS Market Outlook, 2018-2028F

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Vehicle Type Market Share Analysis

7.3.3.2.2.           By Sensor Type Market Share Analysis

7.3.3.2.3.           By Level of Autonomy Market Share Analysis

7.3.3.2.4.           By Function Market Share Analysis

7.3.4.    India ADAS Market Outlook, 2018-2028F

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Vehicle Type Market Share Analysis

7.3.4.2.2.           By Sensor Type Market Share Analysis

7.3.4.2.3.           By Level of Autonomy Market Share Analysis

7.3.4.2.4.           By Function Market Share Analysis

7.3.5.    Thailand ADAS Market Outlook, 2018-2028F

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Vehicle Type Market Share Analysis

7.3.5.2.2.           By Sensor Type Market Share Analysis

7.3.5.2.3.           By Level of Autonomy Market Share Analysis

7.3.5.2.4.           By Function Market Share Analysis

7.3.6.    Indonesia ADAS Market Outlook, 2018-2028F

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Vehicle Type Market Share Analysis

7.3.6.2.2.           By Sensor Type Market Share Analysis

7.3.6.2.3.           By Level of Autonomy Market Share Analysis

7.3.6.2.4.           By Function Market Share Analysis

7.3.7.    Malaysia ADAS Market Outlook, 2018-2028F

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Value

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Vehicle Type Market Share Analysis

7.3.7.2.2.           By Sensor Type Market Share Analysis

7.3.7.2.3.           By Level of Autonomy Market Share Analysis

7.3.7.2.4.           By Function Market Share Analysis

7.3.8.    Vietnam ADAS Market Outlook, 2018-2028F

7.3.8.1.        Market Size & Forecast

7.3.8.1.1.           By Value

7.3.8.2.        Market Share & Forecast

7.3.8.2.1.           By Vehicle Type Market Share Analysis

7.3.8.2.2.           By Sensor Type Market Share Analysis

7.3.8.2.3.           By Level of Autonomy Market Share Analysis

7.3.8.2.4.           By Function Market Share Analysis

8.    Europe & CIS ADAS Market Outlook, 2018-2028F

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Vehicle Type Market Share Analysis

8.2.2.    By Sensor Type Market Share Analysis

8.2.3.    By Level of Autonomy Market Share Analysis

8.2.4.    By Function Market Share Analysis

8.2.5.    By Country Market Share Analysis

8.3.  Europe & CIS: Country Analysis

8.3.1.    Germany ADAS Market Outlook, 2018-2028F

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Size & Forecast

8.3.1.2.1.           By Vehicle Type Market Share Analysis

8.3.1.2.2.           By Sensor Type Market Share Analysis

8.3.1.2.3.           By Level of Autonomy Market Share Analysis

8.3.1.2.4.           By Function Market Share Analysis

8.3.2.    Spain ADAS Market Outlook, 2018-2028F

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Size & Forecast

8.3.2.2.1.           By Vehicle Type Market Share Analysis

8.3.2.2.2.           By Sensor Type Market Share Analysis

8.3.2.2.3.           By Level of Autonomy Market Share Analysis

8.3.2.2.4.           By Function Market Share Analysis

8.3.3.    France ADAS Market Outlook, 2018-2028F

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Size & Forecast

8.3.3.2.1.           By Vehicle Type Market Share Analysis

8.3.3.2.2.           By Sensor Type Market Share Analysis

8.3.3.2.3.           By Level of Autonomy Market Share Analysis

8.3.3.2.4.           By Function Market Share Analysis

8.3.4.    United Kingdom ADAS Market Outlook, 2018-2028F

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Size & Forecast

8.3.4.2.1.           By Vehicle Type Market Share Analysis

8.3.4.2.2.           By Sensor Type Market Share Analysis

8.3.4.2.3.           By Level of Autonomy Market Share Analysis

8.3.4.2.4.           By Function Market Share Analysis

8.3.5.    Slovakia ADAS Market Outlook, 2018-2028F

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Size & Forecast

8.3.5.2.1.           By Vehicle Type Market Share Analysis

8.3.5.2.2.           By Sensor Type Market Share Analysis

8.3.5.2.3.           By Level of Autonomy Market Share Analysis

8.3.5.2.4.           By Function Market Share Analysis

8.3.6.    Italy ADAS Market Outlook, 2018-2028F

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.           By Value

8.3.6.2.        Market Size & Forecast

8.3.6.2.1.           By Vehicle Type Market Share Analysis

8.3.6.2.2.           By Sensor Type Market Share Analysis

8.3.6.2.3.           By Level of Autonomy Market Share Analysis

8.3.6.2.4.           By Function Market Share Analysis

8.3.7.    Russia ADAS Market Outlook, 2018-2028F

8.3.7.1.        Market Size & Forecast

8.3.7.1.1.           By Value

8.3.7.2.        Market Size & Forecast

8.3.7.2.1.           By Vehicle Type Market Share Analysis

8.3.7.2.2.           By Sensor Type Market Share Analysis

8.3.7.2.3.           By Level of Autonomy Market Share Analysis

8.3.7.2.4.           By Function Market Share Analysis

9.    North America ADAS Market Outlook, 2018-2028F

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Vehicle Type Market Share Analysis

9.2.2.    By Sensor Type Market Share Analysis

9.2.3.    By Level of Autonomy Market Share Analysis

9.2.4.    By Function Market Share Analysis

9.2.5.    By Country Market Share Analysis

9.3.  North America: Country Analysis

9.3.1.    United States ADAS Market Outlook, 2018-2028F

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Size & Forecast

9.3.1.2.1.           By Vehicle Type Market Share Analysis

9.3.1.2.2.           By Sensor Type Market Share Analysis

9.3.1.2.3.           By Level of Autonomy Market Share Analysis

9.3.1.2.4.           By Function Market Share Analysis

9.3.2.    Mexico ADAS Market Outlook, 2018-2028F

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Size & Forecast

9.3.2.2.1.           By Vehicle Type Market Share Analysis

9.3.2.2.2.           By Sensor Type Market Share Analysis

9.3.2.2.3.           By Level of Autonomy Market Share Analysis

9.3.2.2.4.           By Function Market Share Analysis

9.3.3.    Canada ADAS Market Outlook, 2018-2028F

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Size & Forecast

9.3.3.2.1.           By Vehicle Type Market Share Analysis

9.3.3.2.2.           By Sensor Type Market Share Analysis

9.3.3.2.3.           By Level of Autonomy Market Share Analysis

9.3.3.2.4.           By Function Market Share Analysis

10. South America ADAS Market Outlook, 2018-2028F

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Vehicle Type Market Share Analysis

10.2.2. By Sensor Type Market Share Analysis

10.2.3. By Level of Autonomy Market Share Analysis

10.2.4. By Function Market Share Analysis

10.2.5. By Country Market Share Analysis

10.3.             South America: Country Analysis

10.3.1. Brazil ADAS Market Outlook, 2018-2028F

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Vehicle Type Market Share Analysis

10.3.1.2.2.         By Sensor Type Market Share Analysis

10.3.1.2.3.         By Level of Autonomy Market Share Analysis

10.3.1.2.4.         By Function Market Share Analysis

10.3.2. Argentina ADAS Market Outlook, 2018-2028F

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Vehicle Type Market Share Analysis

10.3.2.2.2.         By Sensor Type Market Share Analysis

10.3.2.2.3.         By Level of Autonomy Market Share Analysis

10.3.2.2.4.         By Function Market Share Analysis

10.3.3. Colombia ADAS Market Outlook, 2018-2028F

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value and Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Vehicle Type Market Share Analysis

10.3.3.2.2.         By Sensor Type Market Share Analysis

10.3.3.2.3.         By Level of Autonomy Market Share Analysis

10.3.3.2.4.         By Function Market Share Analysis

11. Middle East & Africa ADAS Market Outlook, 2018-2028F

11.1.             Market Size & Forecast

11.1.1. By Value

11.2.             Market Share & Forecast

11.2.1. By Vehicle Type Market Share Analysis

11.2.2. By Sensor Type Market Share Analysis

11.2.3. By Level of Autonomy Market Share Analysis

11.2.4. By Function Market Share Analysis

11.2.5. By Country Market Share Analysis

11.3.             Middle East & Africa: Country Analysis

11.3.1. Turkey ADAS Market Outlook, 2018-2028F

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value and Volume

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Vehicle Type Market Share Analysis

11.3.1.2.2.         By Sensor Type Market Share Analysis

11.3.1.2.3.         By Level of Autonomy Market Share Analysis

11.3.1.2.4.         By Function Market Share Analysis

11.3.2. South Africa ADAS Market Outlook, 2018-2028F

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value and Volume

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Vehicle Type Market Share Analysis

11.3.2.2.2.         By Sensor Type Market Share Analysis

11.3.2.2.3.         By Level of Autonomy Market Share Analysis

11.3.2.2.4.         By Function Market Share Analysis

11.3.3. Iran ADAS Market Outlook, 2018-2028F

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value and Volume

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Vehicle Type Market Share Analysis

11.3.3.2.2.         By Sensor Type Market Share Analysis

11.3.3.2.3.         By Level of Autonomy Market Share Analysis

11.3.3.2.4.         By Function Market Share Analysis

11.3.4. Egypt ADAS Market Outlook, 2018-2028F

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value and Volume

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Vehicle Type Market Share Analysis

11.3.4.2.2.         By Sensor Type Market Share Analysis

11.3.4.2.3.         By Level of Autonomy Market Share Analysis

11.3.4.2.4.         By Function Market Share Analysis

12. Market Dynamics

12.1.             Market Drivers

12.2.             Market Challenges

13. Market Trends & Developments

14. Porter’s Five Forces Model

14.1.             Bargaining Power of Suppliers

14.2.             Bargaining Power of Buyers

14.3.             Threat of Substitutes

14.4.             Threat of New Entrants

14.5.             Competitive Rivalry

15. SWOT Analysis

15.1.             Strength

15.2.             Weakness

15.3.             Opportunities

15.4.             Threats

16. Competitive Landscape

16.1.             Company Profiles (Up to 10 Leading Companies)

16.1.1. Robert Bosch GmbH

16.1.1.1.     Company Details

16.1.1.2.     Key Products Offered

16.1.1.3.     Recent Development

16.1.1.4.     Key Management Personnel

16.1.1.5.     Financials

16.1.2. Continental AG

16.1.2.1.     Company Details

16.1.2.2.     Key Products Offered

16.1.2.3.     Recent Development

16.1.2.4.     Key Management Personnel

16.1.2.5.     Financials

16.1.3. Autoliv Inc.

16.1.3.1.     Company Details

16.1.3.2.     Key Products Offered

16.1.3.3.     Recent Development

16.1.3.4.     Key Management Personnel

16.1.3.5.     Financials

16.1.4. ZF Friedrichshafen AG

16.1.4.1.     Company Details

16.1.4.2.     Key Products Offered

16.1.4.3.     Recent Development

16.1.4.4.     Key Management Personnel

16.1.4.5.     Financials

16.1.5. DENSO Corporation

16.1.5.1.     Company Details

16.1.5.2.     Key Products Offered

16.1.5.3.     Recent Development

16.1.5.4.     Key Management Personnel

16.1.5.5.     Financials

16.1.6. Aptiv Global Operations Limited

16.1.6.1.     Company Details

16.1.6.2.     Key Products Offered

16.1.6.3.     Recent Development

16.1.6.4.     Key Management Personnel

16.1.6.5.     Financials

16.1.7. Magna International Inc.

16.1.7.1.     Company Details

16.1.7.2.     Key Products Offered

16.1.7.3.     Recent Development

16.1.7.4.     Key Management Personnel

16.1.7.5.     Financials

16.1.8. Valeo

16.1.8.1.     Company Details

16.1.8.2.     Key Products Offered

16.1.8.3.     Recent Development

16.1.8.4.     Key Management Personnel

16.1.8.5.     Financials

16.1.9. Ambarella Inc

16.1.9.1.     Company Details

16.1.9.2.     Key Products Offered

16.1.9.3.     Recent Development

16.1.9.4.     Key Management Personnel

16.1.9.5.     Financials

16.1.10.              Aisin Corporation

16.1.10.1.  Company Details

16.1.10.2.  Key Products Offered

16.1.10.3.  Recent Development

16.1.10.4.  Key Management Personnel

16.1.10.5.  Financials

16.1.11.              Huizhou Desay SV Automotive Co., Ltd.

16.1.11.1.  Company Details

16.1.11.2.  Key Products Offered

16.1.11.3.  Recent Development

16.1.11.4.  Key Management Personnel

16.1.11.5.  Financials

17. Major Clients of Top 5 ADAS Sensor Companies

18. Strategic Recommendations

19. About Us & Disclaimer

Figures and Tables

List of Figures

Figure 1: Global ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 2: Global ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 3: Global ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 4: Global ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 5: Global ADAS Market Share, By Function, By Value, 2018–2028F

Figure 6: Global ADAS Market Share, By Region, By Value, 2018-2028F

Figure 7: Global ADAS Market Share, By Company, By Value, 2022

Figure 8: Global ADAS Market Map, By Vehicle Type, Market Size (USD Billion) & Growth Rate (%), 2022

Figure 9: Global ADAS Market Map, By Sensor Type, Market Size (USD Billion) & Growth Rate (%), 2022

Figure 10: Global ADAS Market Map, By Level of Autonomy, Market Size (USD Billion) & Growth Rate (%), 2022

Figure 11: Global ADAS Market Map, By Function, Market Size (USD Billion) & Growth Rate (%), 2022

Figure 12: Global ADAS Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2022

Figure 13: Asia-Pacific ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 14:  Asia-Pacific ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 15: Asia-Pacific ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 16: Asia-Pacific ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 17: Asia-Pacific ADAS Market Share, By Function, By Value, 2018–2028F

Figure 18: Asia-Pacific ADAS Market Share, By Country, By Value, 2018-2028F

Figure 19: China ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 20: China Passenger Car Sales (Thousand Units), 2018-2022

Figure 21: China ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 22: China ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 23: China ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 24: China ADAS Market Share, By Function, By Value, 2018–2028F

Figure 25: Japan ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 26: Japan Passenger Car Sales (Thousand Units), 2018-2022

Figure 27: Japan ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 28: Japan ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 29: Japan ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 30: Japan ADAS Market Share, By Function, By Value, 2018–2028F

Figure 31: South Korea ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 32: South Korea Passenger Car Sales (Thousand Units), 2018-2022

Figure 33: South Korea ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 34: South Korea ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 35: South Korea ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 36: South Korea ADAS Market Share, By Function, By Value, 2018–2028F

Figure 37: India ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 38: India Passenger Car Sales (Thousand Units), 2018-2022

Figure 39: India ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 40: India ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 41: India ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 42: India ADAS Market Share, By Function, By Value, 2018–2028F

Figure 43: Thailand ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 44: Thailand Passenger Car Sales (Thousand Units), 2018-2022

Figure 45: Thailand ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 46: Thailand ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 47: Thailand ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 48: Thailand ADAS Market Share, By Function, By Value, 2018–2028F

Figure 49: Indonesia ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 50: Indonesia Passenger Car Sales (Thousand Units), 2018-2022

Figure 51: Indonesia ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 52: Indonesia ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 53: Indonesia ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 54: Indonesia ADAS Market Share, By Function, By Value, 2018–2028F

Figure 55: Malaysia ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 56: Malaysia Passenger Car Sales (Thousand Units), 2018-2022

Figure 57: Malaysia ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 58: Malaysia ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 59: Malaysia ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 60: Malaysia ADAS Market Share, By Function, By Value, 2018–2028F

Figure 61: Vietnam ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 62: Vietnam Passenger Car Sales (Thousand Units), 2018-2022

Figure 63: Vietnam ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 64: Vietnam ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 65: Vietnam ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 66: Vietnam ADAS Market Share, By Function, By Value, 2018–2028F

Figure 67: Europe & CIS ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 68: Europe & CIS ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 69: Europe & CIS ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 70: Europe & CIS ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 71: Europe & CIS ADAS Market Share, By Function, By Value, 2018–2028F

Figure 72: Europe & CIS ADAS Market Share, By Country, By Value, 2018-2028F

Figure 73: Germany ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 74: Germany Passenger Car Sales (Thousand Units), 2018-2022

Figure 75: Germany ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 76: Germany ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 77: Germany ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 78: Germany ADAS Market Share, By Function, By Value, 2018–2028F

Figure 79: Spain ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 80: Spain Passenger Car Sales (Thousand Units), 2018-2022

Figure 81: Spain ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 82: Spain ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 83: Spain ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 84: Spain ADAS Market Share, By Function, By Value, 2018–2028F

Figure 85: France ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 86: France Passenger Car Sales (Thousand Units), 2018-2022

Figure 87: France ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 88: France ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 89: France ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 90: France ADAS Market Share, By Function, By Value, 2018–2028F

Figure 91: United Kingdom ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 92: United Kingdom Passenger Car Sales (Thousand Units), 2018-2022

Figure 93: United Kingdom ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 94: United Kingdom ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 95: United Kingdom ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 96: United Kingdom ADAS Market Share, By Function, By Value, 2018–2028F

Figure 97: Slovakia ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 98: Slovakia Passenger Car Sales (Thousand Units), 2018-2022

Figure 99: Slovakia ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 100: Slovakia ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 101: Slovakia ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 102: Slovakia ADAS Market Share, By Function, By Value, 2018–2028F

Figure 103: Italy ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 104: Italy Passenger Car Sales (Thousand Units), 2018-2022

Figure 105: Italy ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 106: Italy ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 107: Italy ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 108: Italy ADAS Market Share, By Function, By Value, 2018–2028F

Figure 109: Russia ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 110: Russia Passenger Car Sales (Thousand Units), 2018-2022

Figure 111: Russia ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 112: Russia ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 113: Russia ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 114: Russia ADAS Market Share, By Function, By Value, 2018–2028F

Figure 115: North America ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 116: North America ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 117: North America ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 118: North America ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 119: North America ADAS Market Share, By Function, By Value, 2018–2028F

Figure 120: North America ADAS Market Share, By Country, By Value, 2018-2028F

Figure 121: United States ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 122: United States Passenger Car Sales (Thousand Units), 2018-2022

Figure 123: United States ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 124: United States ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 125: United States ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 126: United States ADAS Market Share, By Function, By Value, 2018–2028F

Figure 127: Mexico ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 128: Mexico Passenger Car Sales (Thousand Units), 2018-2022

Figure 129: Mexico ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 130: Mexico ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 131: Mexico ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 132: Mexico ADAS Market Share, By Function, By Value, 2018–2028F

Figure 133: Canada ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 134: Canada Passenger Car Sales (Thousand Units), 2018-2022

Figure 135: Canada ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 136: Canada ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 137: Canada ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 138: Canada ADAS Market Share, By Function, By Value, 2018–2028F

Figure 139: South America ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 140: South America ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 141: South America ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 142: South America ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 143: South America ADAS Market Share, By Function, By Value, 2018–2028F

Figure 144: South America ADAS Market Share, By Country, By Value, 2018-2028F

Figure 145: Brazil ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 146: Brazil Passenger Car Sales (Thousand Units), 2018-2022

Figure 147: Brazil ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 148: Brazil ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 149: Brazil ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 150:  Brazil ADAS Market Share, By Function, By Value, 2018–2028F

Figure 151: Argentina ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 152: Argentina Passenger Car Sales (Thousand Units), 2018-2022

Figure 153: Argentina ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 154: Argentina ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 155: Argentina ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 156: Argentina ADAS Market Share, By Function, By Value, 2018–2028F

Figure 157: Colombia ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 158: Colombia Passenger Car Sales (Thousand Units), 2018-2022

Figure 159: Colombia ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 160: Colombia ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 161: Colombia ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 162: Colombia ADAS Market Share, By Function, By Value, 2018–2028F

Figure 163: Middle East & Africa ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 164: Middle East & Africa ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 165: Middle East & Africa ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 166: Middle East & Africa ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 167: Middle East & Africa ADAS Market Share, By Function, By Value, 2018–2028F

Figure 168: Middle East & Africa ADAS Market Share, By Country, By Value, 2018-2028F

Figure 169: Turkey ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 170: Turkey Passenger Car Sales (Thousand Units), 2018-2022

Figure 171: Turkey ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 172: Turkey ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 173: Turkey ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 174: Turkey ADAS Market Share, By Function, By Value, 2018–2028F

Figure 175: South Africa ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 176: South Africa Passenger Car Sales (Thousand Units), 2018-2022

Figure 177: South Africa ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 178: South Africa ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 179: South Africa ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 180: South Africa ADAS Market Share, By Function, By Value, 2018–2028F

Figure 181: Iran ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 182: Iran Passenger Car Sales (Thousand Units), 2018-2022

Figure 183: Iran ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 184: Iran ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 185: Iran ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 186: Iran ADAS Market Share, By Function, By Value, 2018–2028F

Figure 187: Egypt ADAS Market Size, By Value (USD Billion), 2018-2028F

Figure 188: Egypt Passenger Car Sales (Thousand Units), 2018-2022

Figure 189: Egypt ADAS Market Share, By Vehicle Type, By Value, 2018–2028F

Figure 190: Egypt ADAS Market Share, By Sensor Type, By Value, 2018–2028F

Figure 191: Egypt ADAS Market Share, By Level of Autonomy, By Value, 2018–2028F

Figure 192: Egypt ADAS Market Share, By Function, By Value, 2018–2028F

Frequently asked questions

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The Global ADAS Market accounts for USD40.66 billion in terms of value for the year 2022. Increasing demand for advanced technology cars with various features such as adaptive cruise control, collision avoidance, park assistance, etc. has made the automotive manufacturers to introduce these features along with other features.

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The Europe region had the highest market share of 40.64% in the year 2021 in the Global ADAS Market. Europe has many automotive manufacturers such as Mercedes-Benz, BMW, Porsche, Volkswagen, etc. All these car manufacturers are introducing vehicles that have advanced features within them. Due to this demand for ADAS components is high in the European country, where the ADAS market is growing.

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Some of the top players in the Global ADAS Market are Aisin Group, Continental AG, Robert Bosch, Autoliv, Delhi Technology, Hella Gmbh & Co. KGaA, ARM Limited, Denso Corporation, Ambarella International LP, Bittium Corporation, etc.

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The major trends for the Global ADAS Market are advanced features, surging demand for safety features, vehicle electrification, and in many countries the government is taking initiatives to mandating driver assistance systems and deployment of ADAS. All these factors are driving the global ADAS market in the coming up year.

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Srishti Verma

Business Consultant
Press Release

ADAS Market to be led by the Passenger Cars Segment through the Forecast Years

Jul, 2023

Increasing need for safer and more effective vehicles among the buyers and governments strict safety regulations in many countries, for the automakers to implement ADAS technology in the vehicles are

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