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    Advanced Driver Assistance Systems Market

    ID: MRFR/AM/3023-CR
    128 Pages
    Swapnil Palwe
    March 2024

    Advanced Driver Assistance Systems Market Research Report By Technology (Adaptive Cruise Control, Adaptive Front-Lighting System, Intelligent Park Assist, Pedestrian Protection, Blind Spot Detection, Others), by Sensor Type (Radar Sensor, Lidar Sensor, Camera Sensor, Ultrasonic Sensor), by Propulsion (Electric Vehicles ,ICE Vehicles), by Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), by Level of Autonomy (L1, L2, L3, L4, L5), by Sales Channel (OEM, Outsourcing) By Region – Market Forecast Till 2032

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    Advanced Driver Assistance Systems Market Summary

    As per Market Research Future Analysis, the Global Advanced Driver Assistance Systems (ADAS) Market was valued at USD 29,793.4 million in 2023 and is projected to grow to USD 85,915.2 million by 2032, with a CAGR of 12.48% from 2024 to 2032. The market is driven by increasing consumer awareness, regulatory mandates for safety features, and the rise of autonomous vehicles. ADAS technologies enhance driving safety and comfort by providing real-time information and alerts through various sensors and cameras. The market is characterized by significant technological advancements and a shift towards connected vehicles, creating numerous opportunities for growth.

    Key Market Trends & Highlights

    Key trends driving the ADAS market include the emergence of autonomous vehicles and increasing demand for safety features.

    • ADAS Market Size in 2023: USD 29,793.4 million
    • Projected Market Size by 2032: USD 85,915.2 million
    • CAGR from 2024 to 2032: 12.48%
    • North America accounted for ~37.5% of the market share in 2022

    Market Size & Forecast

    2023 Market Size USD 29,793.4 million
    2024 Market Size USD 33,517.57 million
    2032 Market Size USD 85,915.2 million

    Major Players

    Key companies include ZF Friedrichshafen AG, Denso Corporation, Continental AG, Garmin Ltd., Valeo SA, Hyundai Mobis, Borge Warner, Inc., and Robert Bosch GmbH.

    Advanced Driver Assistance Systems Market Trends

    Emergence Of Autonomous Vehicles

    The integration of advanced driver assistance systems is poised to redefine vehicular safety standards and enhance the overall driving experience, reflecting a broader commitment to reducing road fatalities and improving traffic efficiency.

    U.S. Department of Transportation

    Advanced Driver Assistance Systems Market Drivers

    Market Growth Charts

    Global Market Growth Projections

    The Global Advanced Driver Assistance Systems Market Industry is poised for substantial growth, with projections indicating a market value of 33.5 USD Billion in 2024 and an impressive 122.3 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 12.48% from 2025 to 2035. Factors contributing to this expansion include increasing safety regulations, technological advancements, and rising consumer demand for enhanced driving experiences. As the automotive industry continues to evolve, the integration of advanced driver assistance systems will play a crucial role in shaping the future of vehicle safety and functionality.

    Increasing Vehicle Safety Regulations

    The Global Advanced Driver Assistance Systems Market Industry is experiencing growth driven by stringent vehicle safety regulations imposed by governments worldwide. Regulatory bodies are mandating the integration of safety features such as automatic emergency braking and lane departure warnings in new vehicles. For instance, the European Union has proposed regulations that require all new cars to be equipped with advanced safety technologies by 2024. This regulatory push not only enhances vehicle safety but also propels the adoption of advanced driver assistance systems, contributing to the projected market value of 33.5 USD Billion in 2024.

    Rise in Electric and Autonomous Vehicles

    The rise of electric and autonomous vehicles is a pivotal driver for the Global Advanced Driver Assistance Systems Market Industry. As manufacturers transition towards electric vehicles, the integration of advanced driver assistance systems becomes essential for enhancing safety and functionality. Autonomous vehicles, which rely heavily on ADAS technologies, are gaining traction in the automotive market. This trend is expected to contribute to the market's growth, with projections suggesting a market value of 122.3 USD Billion by 2035. The synergy between electric mobility and advanced driver assistance systems is likely to shape the future landscape of the automotive industry.

    Consumer Demand for Enhanced Driving Experience

    There is a growing consumer demand for enhanced driving experiences, which is propelling the Global Advanced Driver Assistance Systems Market Industry. Modern drivers increasingly seek features that provide convenience, safety, and connectivity. Systems such as adaptive cruise control and parking assistance are becoming standard expectations rather than luxury add-ons. This shift in consumer preferences is likely to drive market growth, as manufacturers respond by incorporating more advanced driver assistance systems into their vehicles. The anticipated compound annual growth rate of 12.48% from 2025 to 2035 reflects this trend, indicating a robust future for the industry.

    Technological Advancements in Sensor Technology

    Rapid advancements in sensor technology are significantly influencing the Global Advanced Driver Assistance Systems Market Industry. Innovations in radar, lidar, and camera systems have improved the accuracy and reliability of ADAS features. For example, the development of high-resolution cameras and advanced radar systems enables vehicles to detect obstacles and pedestrians more effectively. This technological evolution is expected to drive market growth, with projections indicating a market value of 122.3 USD Billion by 2035. As these technologies become more affordable and accessible, their integration into vehicles is likely to increase, further enhancing the adoption of advanced driver assistance systems.

    Market Segment Insights

    ADAS Technology Insights

    Based on technology, the Advanced Driver Assistance Systems Market has been segmented into adaptive cruise control, adaptive front-lighting system, intelligent park assists, pedestrian protection, blind spot detection and others. Adaptive Cruise Control (ACC) would be the majority shareholder in 2022, contributing around 24.2 % to the market revenue. Adaptive Cruise Control (ACC) is a driver assistance technology that uses sensors and cameras to adjust a vehicle's speed to maintain a safe distance from the automobile in front.

    Get more detailed insights about Advanced Driver Assistance Systems Market Research Report - Global Forecast till 2032

    Regional Insights

    By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. North America accounted for ~ 37.5 % of Advanced Driver Assistance Systems Market in 2022. The North American ADAS (Advanced Driver Assistance Systems) market is a significant and rapidly growing sector in the automotive industry.

    According to market research reports, North America holds a substantial share of the Advanced Driver Assistance Systems Market, driven by an increasing focus on road safety, stringent regulations, and the presence of key automotive players in the region—rising adoption of ADAS features in new vehicles by major automakers in North America. Companies like Tesla, Ford, and General Motors are integrating advanced safety technologies into their vehicles to enhance driver safety and improve the overall driving experience.

    Asia Pacific is one of the fastest growing markets for ADAS in the world. The Asia-Pacific ADAS (Advanced Driver Assistance Systems) Market is a rapidly growing sector in the automotive industry. The region is witnessing significant adoption of ADAS technologies due to increasing vehicle sales, rising concerns about road safety, and advancements in automotive technology. Countries in the Asia-Pacific region, such as Japan, South Korea, China, and India, are key players in developing and deploying ADAS solutions.

    The market is driven by a combination of factors, including government regulations promoting vehicle safety, growing urbanization leading to traffic congestion, and increasing awareness among consumers about the benefits of ADAS in enhancing driving safety.

    The Europe ADAS (Advanced Driver Assistance Systems) market is for advanced technologies and systems that assist drivers in enhancing safety and improving the driving experience. ADAS systems utilize sensors, cameras, and radar to provide real-time information about the vehicle's surroundings and assist drivers in avoiding accidents and hazardous conditions. These systems can include collision warning, lane departure warning, blind spot detection, and adaptive cruise control. The increasing demand for vehicle safety features and government support towards ADAS solutions drives the European Advanced Driver Assistance Systems Market.

    Figure 3: Advanced Driver Assistance Systems Market Size By Region 2022 Vs 2032

    Advanced Driver Assistance Systems Market Size By Region 2022 Vs

    Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

    Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, Brazil, Argentina, GCC countries, South Africa and Others.

    Key Players and Competitive Insights

    The Advanced Driver Assistance Systems (ADAS) Market is distinguished by the presence of numerous Advanced Driver Assistance Systems (ADAS) Market and local players catering to the sachet packaging techniques that are evolving at a rapid pace. Furthermore, the Increasing popularity of cycling, rising demand for Advanced Driver Assistance Systems (ADAS) Market among the cyclists for the customization of bicycle, and Growing awareness of the health and environmental benefits of cycling is further driving the growth of global Advanced Driver Assistance Systems (ADAS) Market during the forecast period. 

    The Advanced Driver Assistance Systems (ADAS) Market is extremely competitive, with players competing, partnering, and investing heavily in research and development to gain a significant market share. The market is moderately fragmented with rising competition, increasing collaborative partnerships, and other strategic decisions to achieve operational efficiency. During the study, MRFR has analyzed some of the major players in the Advanced Driver Assistance Systems Market who have contributed to the market growth includes ZF Friedrichshafen AG, Denso Corporation, Continental AG, Garmin Ltd., Valeo SA, Hyundai Mobis, Borge Warner, Inc., and Robert Bosch GmbH. among others.

    These players focus on expanding and enhancing their product portfolio and services to remain competitive and increase their customer base. Additionally, these players are focusing on partnerships & collaborations to expand their business and customer base to enhance their market position.

    Key Companies in the Advanced Driver Assistance Systems Market market include

    Industry Developments

    • Q2 2024: Mobileye and Volkswagen Group Announce Partnership to Develop Next-Generation ADAS for VW Vehicles Mobileye and Volkswagen Group entered a strategic partnership to co-develop advanced driver assistance systems for upcoming Volkswagen models, aiming to enhance safety and semi-autonomous driving features.
    • Q2 2024: Tesla Receives Regulatory Approval in China for Enhanced Autopilot ADAS Features Tesla secured approval from Chinese regulators to roll out its latest Enhanced Autopilot ADAS suite, enabling new automated lane changing and highway driving features for Model 3 and Model Y vehicles in China.
    • Q3 2024: Valeo Opens New ADAS Sensor Manufacturing Facility in Hungary Valeo inaugurated a new production facility in Hungary dedicated to manufacturing radar and camera sensors for advanced driver assistance systems, expanding its European supply chain capabilities.
    • Q2 2024: Hyundai Motor Group Launches Highway Driving Pilot, a Level 3 ADAS System, in South Korea Hyundai Motor Group launched its first Level 3 ADAS system, Highway Driving Pilot, in select Genesis models, marking a significant step toward higher automation in the South Korean market.
    • Q1 2024: Aptiv Acquires Foresight Automotive’s ADAS Software Division Aptiv completed the acquisition of Foresight Automotive’s ADAS software division to strengthen its portfolio in computer vision and sensor fusion technologies for next-generation driver assistance systems.
    • Q2 2024: Bosch Unveils New Generation of Long-Range Lidar for ADAS Applications Bosch announced the launch of its latest long-range lidar sensor, designed to improve object detection and collision avoidance in advanced driver assistance systems for passenger and commercial vehicles.
    • Q3 2024: Innoviz Technologies Wins Major ADAS Contract with BMW for Next-Gen Vehicles Innoviz Technologies secured a multi-year contract to supply solid-state lidar sensors for BMW’s next-generation ADAS platforms, supporting advanced safety and semi-autonomous driving features.
    • Q2 2024: Magna International Launches New ADAS Engineering Center in Michigan Magna International opened a new engineering center in Michigan focused on the development and testing of advanced driver assistance systems, including sensor integration and software validation.
    • Q1 2025: Nissan and Qualcomm Announce Collaboration on Next-Gen ADAS Chipsets Nissan and Qualcomm Technologies announced a collaboration to integrate Qualcomm’s Snapdragon Ride platform into Nissan’s upcoming ADAS systems, aiming to deliver enhanced processing power and AI capabilities.
    • Q2 2025: Luminar Technologies Signs Supply Agreement with Mercedes-Benz for Lidar-Based ADAS Luminar Technologies entered into a supply agreement with Mercedes-Benz to provide lidar sensors for the automaker’s next-generation ADAS, supporting advanced safety and partial automation features.
    • Q1 2025: Continental AG Appoints New Head of ADAS Business Unit Continental AG announced the appointment of Dr. Maria Schmidt as the new head of its Advanced Driver Assistance Systems business unit, overseeing global strategy and product development.
    • Q2 2025: Stellantis Launches Level 2+ ADAS in Peugeot and Citroën Models Across Europe Stellantis began rolling out its new Level 2+ ADAS suite, featuring hands-free highway driving and automated lane changes, in select Peugeot and Citroën models throughout the European market.

    Future Outlook

    Advanced Driver Assistance Systems Market Future Outlook

    The Advanced Driver Assistance Systems Market is projected to grow at a 12.48% CAGR from 2024 to 2035, driven by technological advancements, regulatory support, and increasing consumer demand for safety features.

    New opportunities lie in:

    • Develop AI-driven predictive maintenance solutions for enhanced vehicle safety.
    • Invest in partnerships with tech firms to integrate advanced sensor technologies.
    • Expand into emerging markets with tailored ADAS solutions for local needs.

    By 2035, the Advanced Driver Assistance Systems Market is expected to be robust, reflecting substantial growth and innovation.

    Market Segmentation

    ADAS Regional Outlook

    • US
    • Canada
    • Mexico
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Denmark
    • Austria
    • Netherlands
    • Luxembourg
    • Hungary
    • Belgium
    • Poland
    • Romania
    • Sweden
    • Turkey
    • Rest of Europe
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East & Africa
    • Brazil
    • Argentina
    • Rest of South America

    ADAS Propulsion Outlook

    • Electric Vehicles
    • ICE Vehicles

    ADAS Technology Outlook

    • Adaptive Cruise Control
    • Adaptive Front-Lighting System
    • Intelligent Park Assist
    • Pedestrian Protection
    • Blind Spot Detection
    • Others

    ADAS Sensor Type Outlook

    • Radar Sensor
    • Lidar Sensor
    • Camera Sensor
    • Ultrasonic Sensor

    ADAS Vehicle Type Outlook

    • Passenger Car
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle

    ADAS Level of Autonomy Outlook

    • L1
    • L2
    • L3
    • L4
    • L5

    ADAS Level of Sales Channel Outlook

    • OEM
    • Outsourcing

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 29793.4 million
    Market Size 2024 USD 33517.57 million
    Market Size 2032 USD 85915.2 million
    Compound Annual Growth Rate (CAGR) 12.48% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019- 2021
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Technology, Vehicle Type, Propulsion, Sensor Type, Level of Autonomy, And Sales Channel, and Region
    Geographies Covered Europe, North America, Asia-Pacific, Middle East & Africa, and South America
    Countries Covered US, Canada, Mexico, Germany, U.K., Italy, France, Denmark, Austria, Netherlands, Luxembourg, Hungary, Belgium, Poland, Romania, Sweden, Turkey, Japan, China, India, South Korea, Saudi Arabia, UAE, South Africa Brazil, Argentina, and Others.
    Key Companies Profiled ·       ZF Friedrichshafen AG ·       Denso Corporation ·       Continental AG ·       Garmin Ltd. ·       Valeo S A ·       Hyundai Mobis ·       Borge Warner, Inc. ·       Robert Bosch GmbH ·       Mobileye ·       Magna International, Inc. ·       Infineon Technologies AG ·       Autoliv, Inc. ·       Delphi Technology ·       Semiconductor Components Industries, LLC
    Key Market Opportunities ·       Emergence Of Autonomous Vehicles ·       Increasing Traffic Congestion in Urban Areas ·       Technological Advancements in Sensors and Artificial Intelligence
    Key Market Dynamics ·       Increasing Demand for Enhanced Vehicle Safety Features ·       Government Regulations Mandating the Adoption of ADAS Technology ·       Growing Consumer Awareness and Acceptance of Advanced Driver-Assistance Systems

    Market Highlights

    Author
    Swapnil Palwe
    Team Lead - Research

    With a technical background as Bachelor's in Mechanical Engineering, with MBA in Operations Management , Swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the Automotive/A&D domain. Swapnil has worked on major projects in verticals such as Aerospace & Defense, Automotive and many other domain projects. He has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.

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    FAQs

    How much is the Advanced Driver Assistance Systems Market?

    The Advanced Driver Assistance Systems Market size is expected to be valued at USD 29793.4 Million in 2023.

    What is the growth rate of the Advanced Driver Assistance Systems Market?

    The global market is projected to grow at a CAGR of 12.48% during the forecast period, 2024-2032.

    Which region held the largest market share in the Advanced Driver Assistance Systems Market?

    North America had the largest share of the global market.

    Who are the key players in the Advanced Driver Assistance Systems Market?

    The key players in the market are ZF Friedrichshafen AG, Denso Corporation, Continental AG, Garmin Ltd., Valeo SA, Hyundai Mobis, Borge Warner, Inc., and Robert Bosch GmbH. among others.

    Which Technology led the Advanced Driver Assistance Systems Market?

    The Adaptive Cruise Control category dominated the market in 2022.

    Advanced Driver Assistance Systems Market Research Report - Global Forecast till 2032 Infographic
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