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Automotive ADAS Market, Global Outlook and Forecast 2023-2029

Automotive ADAS Market, Global Outlook and Forecast 2023-2029

  • Published on : 27 March 2023
  • Pages :63
  • Report Code:SMR-7616293

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Report overview

Automotive ADAS are electronic components installed in vehicles, which present an intelligent driving experience to the driver. These systems comprise of unique sensors such as ultrasonic, image, RADAR, LiDAR, infrared and LASER. Deploying ADAS to enhance comfort levels and ensure safety and security on road is the majorly growing trend within the automobile sector. The implementation of ADAS has been considered as a revolution as it provides dynamic features such as adaptive.
As an initial stage of automatic driving, ADAS's promotion received support from several countries, such as NHSTA Level 0-Level 4 (Manual, ADAS, PA, HA, FA), the German VDA rating (PA, HA, FA).
This report aims to provide a comprehensive presentation of the global market for Automotive ADAS, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive ADAS. This report contains market size and forecasts of Automotive ADAS in global, including the following market information:
Global Automotive ADAS Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive ADAS market was valued at US$ 41650 million in 2022 and is projected to reach US$ 208130 million by 2029, at a CAGR of 25.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive ADAS key players include Continental Ag, Delphi Automotive PLC, Robert Bosch Gmbh, etc.
North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share about 40 percent.
In terms of product, Lane Departure Warning (LDW) System is the largest segment, with a share about 30%. And in terms of application, the largest application is Passenger Car, followed by Heavy Commercial Vehicle (HCV), Light Commercial Vehicle (LCV), etc.
We surveyed the Automotive ADAS companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive ADAS Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive ADAS Market Segment Percentages, by Type, 2022 (%)
Adaptive Cruise Control (ACC)
Lane Departure Warning (LDW) System
Park Assist
Blind Spot Detection
Others
Global Automotive ADAS Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive ADAS Market Segment Percentages, by Application, 2022 (%)
Passenger Car
LCV
HCV
Global Automotive ADAS Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive ADAS Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive ADAS revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive ADAS revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Continental Ag
Delphi Automotive PLC
Robert Bosch Gmbh
Aisin Seiki Co. Ltd.
Denso Corporation
Trw Automotive Holdings Corp.
Mobileye NV
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive ADAS, market overview.
Chapter 2: Global Automotive ADAS market size in revenue.
Chapter 3: Detailed analysis of Automotive ADAS company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive ADAS in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.