Advanced Driver Assistance Systems Market

Advanced driver assistance systems (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).

Advanced Driver Assistance Systems Market contains market size and forecasts of Advanced Driver Assistance Systems (ADAS) in Global, including the following market information:

Global Advanced Driver Assistance Systems (ADAS) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Advanced Driver Assistance Systems (ADAS) market was valued at 41560 million in 2021 and is projected to reach US$ 158320 million by 2028, at a CAGR of 21.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Adaptive Cruise Control (ACC) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Advanced Driver Assistance Systems (ADAS) include Continental Ag, Delphi Automotive PLC, Robert Bosch Gmbh, Aisin Seiki Co. Ltd., Autoliv Inc, Denso Corporation, Valeo, Magna International and Trw Automotive Holdings Corp., etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Advanced Driver Assistance Systems (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 Advanced Driver Assistance Systems (ADAS) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Advanced Driver Assistance Systems (ADAS) Market Segment Percentages, by Type, 2021 (%)

Adaptive Cruise Control (ACC)

Lane Departure Warning (LDW) System

Park Assist

Blind Spot Detection

Others

Global Advanced Driver Assistance Systems (ADAS) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Advanced Driver Assistance Systems (ADAS) Market Segment Percentages, by Application, 2021 (%)

Passenger Car

Light Commercial Vehicle (LCV)

Heavy Commercial Vehicle (HCV)

Global Advanced Driver Assistance Systems (ADAS) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Advanced Driver Assistance Systems (ADAS) Market Segment Percentages, By Region and Country, 2021 (%)

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 Advanced Driver Assistance Systems (ADAS) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Advanced Driver Assistance Systems (ADAS) revenues share in global market, 2021 (%)

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.

Autoliv Inc

Denso Corporation

Valeo

Magna International

Trw Automotive Holdings Corp.

Hella Kgaa Hueck & Co.

Ficosa International S.A.

Mobileye NV

Mando Corp.

Texas Instruments Inc.

Tass international