Global Advanced Driver Assistance System (Adas) Market Forecast 2020-2028

Global Advanced Driver Assistance System (Adas) Market Forecast 2020-2028

KEY FINDINGS

The global advanced driver assistance system (ADAS) market is set to register a CAGR of 14.68% during the forecasted period between 2020 and 2028. The estimated factors contributing to the market are strict government regulations, growing adoption in the automotive sector, increased safety demands from the consumers, and the rising awareness of the driver assistance system.

MARKET INSIGHTS

ADAS enhances the safety assistance of the vehicle and the driver in terms of driving, parking, emergency braking, lane changing, etc. These systems were first a safety feature like airbags, seatbelts, electronic stability control, anti-lock braking systems, etc. At present, the expansion of its capabilities covers LiDAR, image processing, radar, computer vision, in-car networking technologies, etc. The features of ADAS are either inbuilt or available as aftermarket solutions. The rising concerns regarding passenger safety have resulted in automobile manufacturers implementing driver assistance systems. The ADAS aids in keeping a car under control and in preventing vehicle accidents, and thereby protecting passengers from injuries. They also minimize the effects of a crash.
With the growing number of on-road accidents, there have been initiatives by the governments across the world to reduce fatalities, leading to increased safety standards in new vehicles. Many advanced safety systems like NNVS, BSD, ACC, KDWS, FCW, etc. aid in minimizing the impact of collisions and improve overall vehicle safety. The governments are focusing on policies and regulations that will support the development and sales of these systems. However, the high costs involved in procuring and maintaining the technologies and systems like radars, cameras, sensors, etc. impede the growth of the market. The market encompasses numerous companies, leading to increased intensity in rivalry within the market.

REGIONAL INSIGHTS

The European market region dominated the market with the largest revenue share in 2019. The trend is evaluated to be consistent towards the end of the forecast period. The region boasts of the presence of major component manufacturers like Automotive Systems, Ibeo, Valeo, SensL Technologies Ltd., etc., along with increased demands for sensors for automated vehicle prototypes. The market region also leads the global market in terms of value and technology.

COMPETITIVE INSIGHTS

Some of the eminent companies operating in the market are, Aisin Seiki Co Ltd, Aptiv PLC (Formerly Delphi Automotive PLC), Autoliv Inc, Bendix Commercial Vehicle Systems, LLC, Continental AG, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Introduction To Advanced Driver Assistance Systems (Adas)
3.2. Automated Driving: Five Levels Of Automotive Autonomy
3.3. Market Definition
3.4. Key Drivers
3.4.1. Stringent Government Regulations.
3.4.2. Higher Safety Demand From Customers
3.4.3. Increased Adoption From Automotive Sector
3.4.4. Growing Awareness Of Driver Assistance System
3.5. Key Restraints
3.5.1. Adas Malfunctions
3.5.2. High Costs Associated With Adas
3.5.3. Intensive Competition
3.5.4. Human Behavioral Adaptation
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter’s Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
5. Market By Vehicle Type
5.1. Passenger Cars
5.2. Commercial Vehicles
5.2.1. Light Commercial Vehicles
5.2.2. Heavy Commercial Vehicles
6. Market By Component
6.1. Processors
6.2. Sensors
6.2.1. Image Sensors
6.2.2. Ultrasonic Sensors
6.2.3. Laser Sensors
6.2.4. Radar Sensors
6.2.5. Infrared Sensors
6.2.6. Lidar
6.3. Software
6.4. Other Component
7. Market By Level Of Automation
7.1. Level 1 (Advanced Driving Assist Systems-adas)
7.2. Level 2 (Partial Automation)
7.3. Level 3 (Conditional Automation)
7.4. Level 4 (High Automation)
7.5. Level 5 (Full Automation)
8. Market By Solutions
8.1. Parking Assistance System
8.2. Tire Pressure Monitoring System
8.3. Adaptive Front Lighting Systems
8.4. Lane Departure Warning Systems
8.5. Collision Warning Systems
8.6. Blind Spot Detection
8.7. Electronic Stability Control
8.8. Adaptive Cruise Control
8.9. Advanced Emergency Braking System
8.10. Traffic Sign Recognition Systems
8.11. Driver Drowsiness Detection
8.12. Other Solutions
9. Geographical Analysis
9.1. North America
9.1.1. United States
9.1.2. Canada
9.2. Europe
9.2.1. United Kingdom
9.2.2. Germany
9.2.3. France
9.2.4. Italy
9.2.5. Russia
9.2.6. Belgium
9.2.7. Poland
9.2.8. Rest Of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. South Korea
9.3.5. Indonesia
9.3.6. Thailand
9.3.7. Vietnam
9.3.8. Australia & New Zealand
9.3.9. Rest Of Asia Pacific
9.4. Latin America
9.4.1. Brazil
9.4.2. Mexico
9.4.3. Argentina
9.4.4. Rest Of Latin America
9.5. Middle East & Africa
9.5.1. United Arab Emirates
9.5.2. Saudi Arabia
9.5.3. South Africa
9.5.4. Rest Middle East & Africa
10. Company Profiles
10.1. Aisin Seiki Co Ltd
10.2. Aptiv Plc (Formerly Delphi Automotive Plc)
10.3. Autoliv Inc
10.4. Bendix Commercial Vehicle Systems, Llc
10.5. Continental Ag
10.6. Denso Corporation
10.7. Gentex Corporation
10.8. Hella Gmbh & Co Kgaa
10.9. Hyundai Mobis Co Ltd
10.10. Infineon Technologies Ag
10.11. Magna International Inc
10.12. Mobileye N.V
10.13. Nxp Semiconductors N.V
10.14. Omron Corporation
10.15. Panasonic Corporation
10.16. Renesas Electronic Corporation
10.17. Robert Bosch Gmbh
10.18. Samsung Electronics Co Ltd
10.19. Texas Instruments Incorporated
10.20. Valeo S.A.
10.21. Wabco Holdings Inc
10.22. Zf Friedrichshafen Ag

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