Advanced Driver Assistance System (ADAS) is defines as an intelligent systems that is present in the vehicles and assists the driver in different ways, such as provides information related to the traffic, blockage & closure of roads ahead, congestion levels and other driving-related information. These systems are mostly proposed for enhancing safety & comfort level and are developed to adapt, automate, and reduce human errors. The system enables the communication between different vehicles, transportation management centers & vehicle infrastructure systems, thus allowing the exchange of information for enhanced vision, planning, localization, and better decision making related to the vehicles.

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The increasing penetration of electric vehicles owing to the rising government efforts and subsidies to promote the electric vehicles to meet the increasing concerns related to the global warming, air pollution and depleting fossil fuels is the major factor fuelling the growth of the global advanced driver assistance systems (ADAS) market over the forecast period. In addition to this, continuous technological advancements for the development of advanced driver assistance systems, and the increasing requirement for an efficient and safe driving experience to reduce the rising incidences of accidents will further create innumerable growth opportunities in the market. Stringent government regulations relating to vehicle safety, followed by the emergence of autonomous vehicles is encouraging the end-users to opt for advanced driver assistance systems across the globe. Moreover, the increase in the per capita income, rapid urbanization, and changing consumer lifestyle is leading to an increasing demand for vehicles, and a steep rise in the sales of luxury cars will further have a positive impact on the market in the coming years. The advanced driver assistance system offers remarkable features such as aids in lane-keeping, lane-changing, parking assist system, traffic sign recognition, and other features, which helps in providing a safe driving experience. On the other hand, some of the factors which are responsible for hindering the growth of the global advanced driver assistance systems include the high cost of the systems and lack of required infrastructure in the developing economies.

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Based on the system, the Automatic Emergency Braking (AEB) segment is anticipated to increase at a higher CAGR during the forecast period owing to the mandatory rules to implement the automatic emergency braking system in vehicles like buses and trucks.

Based on the offering, the Software segment is expected to grow at a higher compound annual growth rate over the forecast period due to the rising content of software in the applications of vehicles. In addition to this, the ability of software to autonomously communicate with the other devices is also a factor driving the market growth of this segment.

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Based on the region, Asia-Pacific is anticipated to grow at a higher compound annual growth rate during the forecast period owing to the accelerated adoption of advanced driver assistance systems as a result of the stringent safety rules and regulations for installing the safety systems in vehicles. In addition to this, the increasing awareness related to safety coupled with the rise in disposable income is leading to an increase in the purchasing power of the consumers, thereby driving the growth of the advanced driver assistance systems market in this region.

Various notable players operating in the market include ZF Friedrichshafen AG, Robert Bosch GmbH, Aptiv, Continental AG, Denso Corporation, Intel Corporation, Hyundai Mobis, Valeo, Magna International Inc., and NVIDIA Corporation, among others.

Key Developments:

• • In 2019, ZF Friedrichshafen AG entered into a strategic collaboration with Xilinx, Inc. in which the technology of Xilinx powers the highly-advanced AI-based automotive control unit of the company called ZF ProAI for allowing the automated driving applications. Through this collaboration, the company aims to provide a diversified range of functions in the field of autonomous driving
  • In 2019, Aptiv entered into a joint venture with Hyundai Motor Group for the development of autonomous driving technologies. Through this joint venture, the company planned to strengthen its industry-leading capabilities in the development of advanced driver assistance systems, smart vehicle architecture, and vehicle connectivity solutions.

The global advanced driver assistance systems (ADAS) market has been segmented on the basis of system, component, offering, vehicle type, electric vehicle type, and region. Based on the system, the market is segmented into adaptive front light (AFL), adaptive cruise control (ACC), blind spot detection (BSD), automatic emergency braking (AEB), driver monitoring system (DMS), cross traffic alert (CTA), intelligent park assist (IPA), forward collision warning (FCW), night vision system (NVS), lane departure warning (LDW), road sign recognition (RSR), pedestrian detection system (PDS), traffic jam assist (TJA), and tire pressure monitoring system (TPMS). Based on the component, the market is segmented into the lidar sensor, camera unit, ultrasonic sensor, and radar sensor. Based on the offering, the market is segmented into the hardware and software. Based on the vehicle type, the market is segmented into light commercial vehicles (LCVS), buses, trucks, and passenger cars (PCS). Based on the electric vehicle type, the market is segmented into battery electric vehicle (BEV), fuel cell electric vehicle (FCEV), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV).

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Key questions answered in this research report:

• • At what pace is the global advanced driver assistance systems (ADAS) market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global advanced driver assistance systems (ADAS) market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global advanced driver assistance systems (ADAS) market?
  • Which component generated maximum revenues in 2019 and identify the most promising component during the forecast period?
  • What are the various systems of the advanced driver assistance systems (ADAS) and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By System, By Component, By Offering, By Vehicle Type, By Electric Vehicle Type, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	ZF Friedrichshafen AG, Robert Bosch GmbH, Aptiv, Continental AG, Denso Corporation, Intel Corporation, Hyundai Mobis, Valeo, Magna International Inc., and NVIDIA Corporation, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Advanced Driver Assistance Systems (ADAS) Market by System

• • Adaptive Front Light (AFL)
  • Adaptive Cruise Control (ACC)
  • Blind Spot Detection (BSD)
  • Automatic Emergency Braking (AEB)
  • Driver Monitoring System (DMS)
  • Cross Traffic Alert (CTA)
  • Intelligent Park Assist (IPA)
  • Forward Collision Warning (FCW)
  • Night Vision System (NVS)
  • Lane Departure Warning (LDW)
  • Road Sign Recognition (RSR)
  • Pedestrian Detection System (PDS)
  • Traffic Jam Assist (TJA)
  • Tire Pressure Monitoring System (TPMS)

Global Advanced Driver Assistance Systems (ADAS) Market by Component

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

Global Advanced Driver Assistance Systems (ADAS) Market by Offering

• • Hardware
  • Software

Global Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type

• • Light Commercial Vehicles (LCVS)
  • Buses
  • Trucks
  • Passenger Cars (PCS)

Global Advanced Driver Assistance Systems (ADAS) Market by Electric Vehicle Type

• • Battery Electric Vehicle (BEV)
  • Fuel Cell Electric Vehicle (FCEV)
  • Hybrid Electric Vehicle (HEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)

Global Advanced Driver Assistance Systems (ADAS) Market by Region

• • North America Advanced Driver Assistance Systems (ADAS) Market (Option 1: As a part of the free 25% customization)
    • North America Advanced Driver Assistance Systems (ADAS) Market by System
    • North America Advanced Driver Assistance Systems (ADAS) Market by Component
    • North America Advanced Driver Assistance Systems (ADAS) Market by Offering
    • North America Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type
    • North America Advanced Driver Assistance Systems (ADAS) Market by Electric Vehicle Type
    • US Advanced Driver Assistance Systems (ADAS) Market All-Up
    • Canada Advanced Driver Assistance Systems (ADAS) Market All-Up
  • Europe Advanced Driver Assistance Systems (ADAS) Market (Option 2: As a part of the free 25% Customization)
    • Europe Advanced Driver Assistance Systems (ADAS) Market by System
    • Europe Advanced Driver Assistance Systems (ADAS) Market by Component
    • Europe Advanced Driver Assistance Systems (ADAS) Market by Offering
    • Europe Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type
    • Europe Advanced Driver Assistance Systems (ADAS) Market by Electric Vehicle Type
    • UK Advanced Driver Assistance Systems (ADAS) Market All-Up
    • Germany Advanced Driver Assistance Systems (ADAS) Market All-Up
    • France Advanced Driver Assistance Systems (ADAS) Market All-Up
    • Spain Advanced Driver Assistance Systems (ADAS) Market All-Up
    • Rest of Europe Advanced Driver Assistance Systems (ADAS) Market All-Up
  • Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market (Option 3: As a part of the free 25% Customization)
    • Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market by System
    • Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market by Component
    • Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market by Offering
    • Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type
    • Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market by Electric Vehicle Type
    • China Advanced Driver Assistance Systems (ADAS) Market All-Up
    • India Advanced Driver Assistance Systems (ADAS) Market All-Up
    • Japan Advanced Driver Assistance Systems (ADAS) Market All-Up
    • Rest of APAC Advanced Driver Assistance Systems (ADAS) Market All-Up
  • RoW Advanced Driver Assistance Systems (ADAS) Market (Option 4: As a part of the free 25% Customization)
    • RoW Advanced Driver Assistance Systems (ADAS) Market by System
    • RoW Advanced Driver Assistance Systems (ADAS) Market by Component
    • RoW Advanced Driver Assistance Systems (ADAS) Market by Offering
    • RoW Advanced Driver Assistance Systems (ADAS) Market by Vehicle Type
    • RoW Advanced Driver Assistance Systems (ADAS) Market by Electric Vehicle Type
    • Brazil Advanced Driver Assistance Systems (ADAS) Market All-Up
    • South Africa Advanced Driver Assistance Systems (ADAS) Market All-Up
    • Saudi Arabia Advanced Driver Assistance Systems (ADAS) Market All-Up
    • UAE Advanced Driver Assistance Systems (ADAS) Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Advanced Driver Assistance Systems (ADAS) Market All-Up

Global Advanced Driver Assistance Systems (ADAS) Leading Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • ZF Friedrichshafen AG
  • Robert Bosch GmbH
  • Aptiv
  • Continental AG
  • Denso Corporation
  • Intel Corporation
  • Hyundai Mobis
  • Valeo
  • Magna International Inc.
  • NVIDIA Corporation