The Global Advanced Driver Assistance Systems (ADAS) Market Size is estimated to expand rapidly in coming years, at a CAGR of 22.6% from 2018 to 2025. In 2017, the global market valuation was USD 14.15 billion, and it is anticipated to be greater than USD xx.xx billion by 2025 due to increasing demand for safe, efficient, and convenient driving, rising disposable income in emerging economies and government regulations for mandatory implementation of ADAS in vehicles is expected to provide huge growth opportunities to players in the ADAS market. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global ADAS market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global advanced driver assistance systems market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Segment Analysis

Based on the vehicle type, the global advanced driver assistance systems market is divided into passenger cars, light commercial vehicles, buses, and trucks. The passenger cars are projected to fastest growing segment over the forecast period, in terms of revenue due to high demand from electric vehicles and its technological advancement. The commercial segment will show significant growth rate because of to the high price of these systems, thus there is significantly less adoption within the commercial vehicle sector.  

Based on component, the worldwide advanced driver assistance systems market has segmented into radar, liDAR, ultrasonic, processor, sensors, software and camera unit. The sensors segment is projected to show healthy growth during forecast period due to this technology basically depend on sensors and their functional accuracy, various sensors such as RADAR, LIDAR, camera, ultrasonic and other sensors work together in order to perform desired safety and assistance function.   

Regional Analysis

The global advanced driver assistance systems market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017 North America dominated the global ADAS market and is excepted to show continue its dominance over the forecast period. The regional growth is mainly driven by the presence of major players, technological advancement, better infrastructure facilities for manufacturing, enhanced economic condition and higher adoption rate of new technologies in the region.

Global Advanced Driver Assistance Systems (ADAS) Market Size, Share Analysis, By Region 2017

Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years because of high rate of road accidents and increasing sales of high-end vehicles in the region. Expanding manufacturing facilities in Middle East and Africa, owing to low-cost labor force, is a crucial factor spurring the regional market.

Key Players

The advanced driver assistance systems market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Robert Bosch, ZF Friedrichshafen, Denso, Aptiv, Intel, NVIDIA, Continental, Valeo, Hella, Magna, Samsung, and Hyundai Mobis.  

Global Advanced Driver Assistance Systems (ADAS) Market Study Objective

1. To forecast the market size of advanced driver assistance systems market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of advanced driver assistance systems market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of advanced driver assistance systems market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of advanced driver assistance systems market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the advanced driver assistance systems market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Global Advanced Driver Assistance Systems (ADAS) Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.