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Advanced Driver Assistance System (ADAS) Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast 2026

Author : Ronak Bora | Published Date : 2020-09-14 

The ADAS market is projected to grow at a substantial rate over the coming timeframe owing to increasing demand for safety features in vehicles and a significant rise in automotive component manufacturing. ADAS (Advanced Driver Assistance System) is a term utilized to define an increasing number of safety functions that are designed to further enhance passenger, driver, and pedestrian safety by decreasing both the total number and severity of motor vehicle accidents.

In simpler terms advanced driver assistance systems are automotive technologies that ensure better road safety. ADAS technologies are also considered as one of most the rapidly growing segments in the automotive electronics sector.

In addition, the future growth of ADAS technology is influenced by several key trends, including automotive HMI design, sensors, connectivity, embedded vision, and automotive systems infrastructure. ADAS covers a wide range of features and components that collectively together deliver a much safer and more comfortable riding experience.

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The ADAS abilities that enhance passenger and driver safety includes traffic sign recognition, hill descent control, driver monitoring system, wrong way driving warning, vehicular communication system, electric vehicle warning, forward collision warning, and driver drowsiness detection among others.

Some of the more advanced features that deliver a comfortable experience includes, automotive night vision, automatic parking, intelligent speed adaptation, anti-lock braking system, crosswind stabilization, lane change assistance system, tire pressure monitoring, and surround view system among others. With more consumer purchase decisions being influenced by ADAS capabilities, the above-mentioned features are likely to drive the ADAS market

Advanced driver assistance system (ADAS) market is segmented in terms of technology, sensor, vehicle, distribution channel, and regional landscape.

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Based on technology, the ADAS market is classified into traffic sign recognition, tire pressure monitoring system (TPMS), surround view system, park assist, lane departure warning, head up display, night vision, AEB, front lighting, forward collision warning, driver monitoring, blind spot detection, automatic high beam control, and adaptive cruise control.

Among these, adaptive cruise control segment held a market share of more than 25% in 2019 owing to its ability to control vehicle speed and enhance driver safety and comfort. This way the driver enjoys comfort and is able to focus on the traffic without having to constantly work the accelerator and gears. This technology is likely to become an important part of the self-driving cars in the upcoming years.

With respect to sensor, the ADAS market is categorized into RADAR, image sensor, ultrasonic, infrared, and LiDAR. Among these, infrared segment held a market share of more than 10% in 2019 owing to its ability to deliver secured line of sight communication and low power consumption in automotive safety systems.

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From a regional frame of reference, in 2019, Middle East & Africa market value stood at around $500 million due to significant rise in automotive component manufacturing initiatives in the region.

Report Content

Chapter 1.   Methodology and Scope

1.1.  Scope

1.2.  Definitions

1.3.  Methodology

1.4.  Data Sources

1.4.1. Primary

1.4.2. Secondary

Chapter 2.   Executive Summary

2.1.  ADAS industry 3600 synopsis, 2016 - 2026

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Technology trends

2.1.4. Sensor trends

2.1.5. Vehicle trends

2.1.6. Distribution channel trends

Chapter 3.   ADAS Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2016 – 2026

3.3.  Impact analysis of corona virus (COVID-19) pandemic on ADAS market

3.3.1. Global outlook

3.3.2. Impact by region    North America    Europe    Asia Pacific    Latin America    MEA

3.3.3. Industry value chain    Research and development    Manufacturing    Marketing    Supply

3.3.4. Competitive landscape    Strategy    Distribution network    Business growth

3.4.  Industry ecosystem analysis

3.4.1. Component supplier

3.4.2. Manufacturers

3.4.3. Profit margin analysis

3.4.4. Distribution channel analysis    End users    Aftermarket

3.4.5. Vendor matrix

3.5.  Accidents and fatalities statistics, by region

3.5.1. North America

3.5.2. Europe

3.5.3. Asia Pacific

3.5.4. Latin America

3.5.5. MEA

3.6.  ADAS industry trends

3.6.1. Embedded vision

3.6.2. Sensors

3.6.3. Connectivity

3.6.4. Automotive Systems Infrastructure

3.6.5. Automotive HMI design

3.7.  Pricing trends, by region

3.7.1. Regional Pricing    North America    Europe    APAC    Latin America    MEA

3.7.2. Cost structure analysis

3.8.  Technology & innovation landscape

3.8.1. Real-time mapping data and propulsion software optimization in ADAS

3.9.  Global automotive production overview, 2015-2019

3.10.    Regulatory landscape

3.10.1.  North America

3.10.2.  Europe

3.10.3.  Asia Pacific

3.10.4.  Latin America

3.10.5.  MEA

3.11.    Industry best practices & key buying criteria

3.11.1.  Need recognition

3.11.2.  Information Search

3.11.3.  Evaluation of alternatives

3.11.4.  Purchase decision

3.11.5.  Post purchase behavior

3.12.    Industry impact forces

3.12.1.  Growth drivers    Supporting government regulations for accident prevention in North America    Emerging European Commission initiatives for road safety    Rising demand for electric vehicles    Emergence of autonomous technology    Initiatives for development of advance sensing technology 

3.12.2.  Industry pitfalls and challenges Lack of awareness, higher costs, along with uncertainty of electronic components

3.13.    Growth potential analysis

3.14.    Porter’s analysis

3.14.1.  Industry rivalry

3.14.2.  Threat of new entrants

3.14.3.  Buyer power

3.14.4.  Supplier power

3.14.5.  Threat of substitutes

3.15.    PESTEL analysis

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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