Advanced Driver Assistance System Market Overview
The advanced driver assistance system (ADAS) is a high-tech safety system that supports the vehicle's driver while driving, improving comfort, efficiency, performance, and safety while lowering the number of road fatalities.
During the forecast period, the global advanced driver assistance systems testing equipment market is expected to rise significantly. The market is expanding as a consequence of increased technological advancement and the need for better security features in vehicles. Advanced driver assistance systems (ADAS) are created and developed to reduce the number of road deaths and increase vehicle and driver safety, which is expected to be a major factor driving the market for advanced driver assistance systems.
By assisting the driver with dynamic and sophisticated features, the vehicle's advanced driver assistance system eliminates distraction and reduces pressure on the driver. Moreover, governments and automotive regulatory bodies in major countries such as the United States, Germany, the U.k., Japan, and France are establishing and implementing a legislative framework to require the integration of driver assistance systems in vehicles on a global scale. All these aforementioned factors are majorly contributed to the growth of the global Advanced Driver Assistance System Market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Technology, Vehicle Type, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Continental AG, Magna International Inc., Infineon Technology AG, NXP Semiconductors, Siemens AG, DENSO Corporation, HARMAN International, AISIN SEIKI Co., Ltd. |
Covid-19 Impact on Advanced Driver Assistance System Market
The outbreak of the covid-19 has a severe and swift impact on the automobile and transportation industry. This is majorly due to the shutdown of assembly plants in the US, interruptions across Europe in large-scale manufacturing, and disruption in the export of Chinese parts. In addition to this, the industry is dealing with reduced demand across the globe due to changes in customer behavior and shifts in a supply-demand chain. A recent study shows a 39% decline in sales of automotive all over the world. Moreover, the nationwide lockdowns have substantially affected the transportation sector. Restrictions on transportation accounted for a 45 to 55% decline in public as well as private transport sectors.
Advanced Driver Assistance System Market Segment Overview
According to Technology, the Adaptive Front Light System segment holds the largest share of the global advanced driver assistance system market. This is due to its ability to assist the driver by automatically switching on low and high beams in response to changes in vehicle speed, providing enhanced visibility even in the dark. This ADAS technology allows automobile headlights to move and swivel in order to increase road illumination through curves and visibility in low-light circumstances.
Advanced Driver Assistance System Market, By Technology
· Adaptive Cruise Control
· Lane Keep Assist & Lane Departure Warning
· Tire Pressure Monitoring System
· Blind Spot Detection
· Adaptive Front Light System
· Night Vision System
· Others
Advanced Driver Assistance System Market, By Vehicle Type
· Passenger Vehicle
· Commercial Vehicle
Advanced Driver Assistance System Market Regional Overview
Region-Wise, North America is expected to dominate the global advanced driver assistance systems testing equipment market. The expanding number of enterprises working with enhanced security features in automobiles has resulted in the region's dominance. Moreover, Asia Pacific is expected to have a significant proportion of the global advanced driver assistance system market. An important element that is expected to drive demand for advanced safety features in the region is increased vehicle production combined with an increase in automotive exports. Furthermore, the ADAS market in the Asia Pacific is being driven by the presence of major automakers and OEMs in China, Japan, India, and South Korea, as well as the availability of components, land, and low-cost labour.
Advanced Driver Assistance System Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Advanced Driver Assistance System Market, Key Players
· Continental AG
· Magna International Inc.
· Infineon Technology AG
· NXP Semiconductors
· Siemens AG
· DENSO Corporation
· HARMAN International
· AISIN SEIKI Co., Ltd.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Advanced Driver Assistance System market?
Advanced driver assistance systems (ADAS) are created and developed to reduce the number of road deaths and increase vehicle and driver safety, which is expected to be a major factor driving the market for advanced driver assistance systems
Q2. Which Segments are covered in the global Advanced Driver Assistance System market report?
Technology, Vehicle Type, and Region. these segments are covered in the global Advanced Driver Assistance System market report
Q3. Which segment is projected to hold the largest share in the global Advanced Driver Assistance System market. ?
Adaptive Front Light System segment is projected to hold the largest share in the global Advanced Driver Assistance System market.
Q4. Which region holds the largest share in the global Advanced Driver Assistance System market?
North America holds the largest share in the global Advanced Driver Assistance System market.
Q5. Which are the prominent players in the global Advanced Driver Assistance System market?
Continental AG, Magna International Inc., Infineon Technology AG, NXP Semiconductors, Siemens AG, DENSO Corporation, HARMAN International, AISIN SEIKI Co., Ltd. are some key players in the global Advanced Driver Assistance System market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Advanced Driver Assistance System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Technology
- 5.2.1. Adaptive Cruise Control
- 5.2.2. Lane Keep Assist & Lane Departure Warning
- 5.2.3. Tire Pressure Monitoring System
- 5.2.4. Blind Spot Detection
- 5.2.5. Adaptive Front Light System
- 5.2.6. Night Vision System
- 5.2.7. Others
- 5.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.3.1. Passenger Vehicle
- 5.3.2. Commercial Vehicle
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Advanced Driver Assistance System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Technology
- 6.2.1. Adaptive Cruise Control
- 6.2.2. Lane Keep Assist & Lane Departure Warning
- 6.2.3. Tire Pressure Monitoring System
- 6.2.4. Blind Spot Detection
- 6.2.5. Adaptive Front Light System
- 6.2.6. Night Vision System
- 6.2.7. Others
- 6.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 6.3.1. Passenger Vehicle
- 6.3.2. Commercial Vehicle
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Advanced Driver Assistance System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Technology
- 7.2.1. Adaptive Cruise Control
- 7.2.2. Lane Keep Assist & Lane Departure Warning
- 7.2.3. Tire Pressure Monitoring System
- 7.2.4. Blind Spot Detection
- 7.2.5. Adaptive Front Light System
- 7.2.6. Night Vision System
- 7.2.7. Others
- 7.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 7.3.1. Passenger Vehicle
- 7.3.2. Commercial Vehicle
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Advanced Driver Assistance System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Technology
- 8.2.1. Adaptive Cruise Control
- 8.2.2. Lane Keep Assist & Lane Departure Warning
- 8.2.3. Tire Pressure Monitoring System
- 8.2.4. Blind Spot Detection
- 8.2.5. Adaptive Front Light System
- 8.2.6. Night Vision System
- 8.2.7. Others
- 8.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 8.3.1. Passenger Vehicle
- 8.3.2. Commercial Vehicle
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Advanced Driver Assistance System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Technology
- 9.2.1. Adaptive Cruise Control
- 9.2.2. Lane Keep Assist & Lane Departure Warning
- 9.2.3. Tire Pressure Monitoring System
- 9.2.4. Blind Spot Detection
- 9.2.5. Adaptive Front Light System
- 9.2.6. Night Vision System
- 9.2.7. Others
- 9.3. Market Analysis, Insights and Forecast – By Vehicle Type
- 9.3.1. Passenger Vehicle
- 9.3.2. Commercial Vehicle
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Continental AG
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Magna International Inc.
- 10.6. Infineon Technology AG
- 10.7. NXP Semiconductors
- 10.8. Siemens AG
- 10.9. DENSO Corporation
- 10.10. HARMAN International
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
