Press Release
Global Advanced Driver Assistance Systems (ADAS) Market Is Expected to Reach $62.7 Billion, Says Variant Market Research
 Published Date:  Dec 2017  Publish By: Variant Market Research

Global Advanced Driver Assistance Systems (ADAS) Market Report, published by Variant Market Research, forecast that the global market is expected to reach $62.7 Billion by 2024 from $27.5 Billion in 2016; growing at a CAGR of 10.8% from 2016 to 2024. By geography, Asia-Pacific and Rest of the World are expected to grow at a CAGR of 11.7% and 11.4%, respectively, during the forecast period. Advanced driver assistance systems are systems to assist the driver in the driving process.Key factors accountablefor the growth of ADAS market comprise the introduction of driver assistance technologies in midsegment cars, and the rising awareness regarding vehicle & pedestrian safety.

Advanced Driver Assistance Systems Market (By Type: Adaptive Cruise Control, Blind Spot Detection System, Park Assist, Drowsiness Monitor,Tyre Pressure Monitoring System, Lane Departure Warning System, and Other Types; By Technology; Infrared Sensor, Laser Sensor, Radar Sensor, Image Sensor, Ultrasonic Sensor; By Geography: North America, Europe, Asia-Pacific and Row) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 – 2024

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/automotive/adas-market

Stringent government guidelines related to safety boost the growth of global advanced driver assistance systems

The major factor to drive the growth of global advanced driver assistance systems market is stringent government guidelines related to safety, owing to rising number of car accidents globally. Also, consumer preferences shifting towards active safety feature & advanced technology have also fueled the market growth. Though, factors such as pricing pressure, inflation, and complexity in testing systems may limit the market from growing. Moreover, deployment of ADAS in low-cost cars, and improved socio-economic conditions resulting in an increasing demand for luxury cars is expected to generate new growth opportunities for the market in the forecast timeframe.

Market Segmentation

Type, technology, and geography are the major segments considered in the global advanced driver assistance systems market. The type segment includes adaptive cruise control, blind spot detection system, park assist, drowsiness monitor, tyre pressure monitoring system, lane departure warning system, and other types. Segmentation by technology includes infrared sensor, laser sensor, radar sensor, image sensor, and ultrasonic sensor.

Other types segment witnessed the largest market share in the type segment, in 2016

Global Advanced Driver Assistance Systems Market, by  Type
Global Advanced Driver Assistance Systems(ADAS)Market Report, published by Variant Market Research, forecast that the global market is expected to reach $62.7 Billion by 2024 from $27.5 Billion in 2016; growing at a CAGR of 10.8% from 2016 to 2024.

The other type segment held for the largest market share followed by adaptive cruise control in 2016, in the type segment. In terms of growth, tyre pressure monitoring system is expected to grow with fastest CAGR during the forecast period 2016 – 2024, as this system has been mandated for all passenger cars in North America and Europe, whereas Asian countries such as China, Japan, and India are in the process of examining the benefits of tyre pressuremonitoring technology.

Ultrasonic sensor held the major market share in the technology segment

Global Advanced Driver Assistance Systems Market, by Technology
Global Advanced Driver Assistance Systems(ADAS)Market Report, published by Variant Market Research, forecast that the global market is expected to reach $62.7 Billion by 2024 from $27.5 Billion in 2016; growing at a CAGR of 10.8% from 2016 to 2024.

The ultrasonic sensor dominated the technology segment with major share in 2016. The growth is credited to its various applications such as parking sensors, presence detection, vehicle detection for car wash and automotive assembly, and many more.

North America occupied the major share in the global advanced driver assistance systems market

GLOBAL ADAS MARKET SHARE BY GEOGRAPHY, 2016 (%)
Global Advanced Driver Assistance Systems(ADAS)Market Report, published by Variant Market Research, forecast that the global market is expected to reach $62.7 Billion by 2024 from $27.5 Billion in 2016; growing at a CAGR of 10.8% from 2016 to 2024.

In 2016, North America generated the largest revenue accounting for 34.7% of the total market share, driven by the stringent safety regulations in the region. Besides, upcoming governmental regulations relating to vehicle, driver, passenger, and pedestrian safety have compelled automobile manufacturers to include the mandated features as a default offering.

Competitive Landscape

Key players profiled in the report include Audi AG, Continental AG, Robert Bosch GmbH, Denso Corporation,General Motors Company, Delphi Automotive PLC,Renault Group, Autoliv Inc., Ford Motor Company, and Magna International Inc., among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
    2.1 Global Advanced Driver Assistance Systems Market Year-on-Year Growth, 2016 – 2024 (%)
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Global Advanced Driver Assistance Systems Market by Type: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Adaptive Cruise Control
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          4.2.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    4.3 Blind Spot Detection System
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          4.3.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    4.4 Park Assist
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          4.4.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    4.5 Drowsiness Monitor
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          4.5.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    4.6 Tyre Pressure Monitoring System
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          4.6.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    4.7 Lane Departure Warning System
          4.7.1 Current Trend and Analysis
          4.7.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          4.7.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    4.8 Other Types
          4.8.1 Current Trend and Analysis
          4.8.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          4.8.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
Chapter 5 Global Advanced Driver Assistance Systems Market by Technology: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 Infrared Sensor
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          5.2.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    5.3 Laser Sensor
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          5.3.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    5.4 Radar Sensor
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          5.4.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    5.5 Image Sensor
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          5.5.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
    5.6 Ultrasonic Sensor
          5.6.1 Current Trend and Analysis
          5.6.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          5.6.3 Market Size and Forecast by Region, 2015 – 2024 ($ Billion)
Chapter 6 Global Advanced Driver Assistance Systems Market by Geography: Market Size and Forecast, 2015 – 2024
    6.1 Overview
         6.1.1 Global Advanced Driver Assistance Systems Market Year-on-Year Growth, by regions 2016 – 2024 (%)
    6.2 North America
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast, 2015 – 2024 ($ Billion)Market Size and Forecast
          6.2.3 U.S.
                   6.2.3.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.2.4 Canada
                   6.2.4.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.2.5 Mexico
                   6.2.5.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
    6.3 Europe
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.3.3 UK
                   6.3.3.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.3.4 Germany
                   6.3.4.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.3.5 Italy
                   6.3.5.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.3.6 France
                   6.3.6.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.3.7 Rest of Europe
                   6.3.7.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
    6.4 Asia-Pacific
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.4.3 India
                   6.4.3.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.4.4 China
                   6.4.4.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.4.5 Japan
                   6.4.5.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.4.6 South Korea
                  6.4.6.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.4.7 Rest of Asia-Pacific
                   6.4.7.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
    6.5 RoW
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
          6.5.3 South America
                  6.5.3.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.5.4 Middle East
                   6.5.4.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
          6.5.5 Africa
                   6.5.5.1 Market Size and Forecast, 2015 – 2024 ($ Billion)
Chapter 7 Company Profiles
    7.1 Denso Corporation
    7.2 Continental AG
    7.3 Robert Bosch GmbH
    7.4 Delphi Automotive PLC
    7.5 Renault Group
    7.6 Audi AG
    7.7 Autoliv Inc.
    7.8 Magna International Inc.
    7.9 General Motors Company
    7.10 Ford Motor Company
List of Figures
FIG. 1 MARKET SEGMENTATION: GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET
FIG. 2 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET YEAR ON YEAR GROWTH, 2016 - 2024 (%)
FIG. 3 MARKET SHARE ANALYSIS, 2016 (%)
FIG. 4 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SHARE AND FORECAST, BY TYPE 2016 Vs 2024 (VALUE %)
FIG. 5 ADAPTIVE CRUISE CONTROL MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 6 BLIND SPOT DETECTION SYSTEM MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 7 PARK ASSIST MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 8 DROWSINESS MONITOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 9 TYRE PRESSURE MONITORING SYSTEM MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 10 LANE DEPARTURE WARNING SYSTEM MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 11 OTHER TYPES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 12 INFRARED SENSOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 13 LASER SENSOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 14 RADAR SENSOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 15 IMAGE SENSOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 16 ULTRASONIC SENSOR MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 17 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST BY GEOGRAPHY, 2016 Vs 2024 (REVENUE, CAGR %)
FIG. 18 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET YEAR ON YEAR GROWTH, BY REGIONS 2016 – 2024 (%)
FIG. 19 NORTH AMERICA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 20 NORTH AMERICA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST BY COUNTRY, 2015 – 2024 ($ BILLION)
FIG. 21 U.S. ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 22 CANADA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 23 MEXICO ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 24 EUROPE ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024, ($ BILLION)
FIG. 25 EUROPE ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY, ($ BILLION)
FIG. 26 UK ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 27 GERMANY ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 28 ITALY ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 29 FRANCE ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 30 REST OF EUROPE ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 31 ASIA-PACIFIC ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024, ($ BILLION)
FIG. 32 ASIA-PACIFIC ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ BILLION)
FIG. 33 INDIA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 34 CHINA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 35 JAPAN ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 36 REST OF ASIA-PACIFIC ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 37 REST OF THE WORLD ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 38 REST OF THE WORLD ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ BILLION)
FIG. 39 SOUTH AMERICA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 40 MIDDLE EAST ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 41 AFRICA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
List of Tables
TABLE 1 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SNAPSHOT
TABLE 2 GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ BILLION)
TABLE 3 DRIVER OF THE GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET : IMPACT ANALYSIS
TABLE 4 RESTRAINTS OF THE GLOBAL ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET : IMPACT ANALYSIS
TABLE 5 ADAPTIVE CRUISE CONTROL MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 6 BLIND SPOT DETECTION SYSTEM MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 7 PARK ASSIST MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 8 DROWSINESS MONITOR MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 9 TYRE PRESSURE MONITORING SYSTEM MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 10 LANE DEPARTURE WARNING SYSTEM MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 11 OTHER TYPES SYSTEM MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 12 INFRARED SENSOR MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 13 LASER SENSOR MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 14 RADAR SENSOR MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 15 IMAGE SENSOR MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 16 ULTRASONIC SENSOR MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 17 NORTH AMERICA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION)
TABLE 18 NORTH AMERICA ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY END-USER, 2015 – 2024 ($ BILLION)
TABLE 19 EUROPE ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION)
TABLE 20 EUROPE ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY END-USER, 2015 – 2024 ($ BILLION)
TABLE 21 ASIA-PACIFIC ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION)
TABLE 22 ASIA-PACIFIC ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY END-USER, 2015 – 2024 ($ BILLION)
TABLE 23 REST OF THE WORLD ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION)
TABLE 24 REST OF THE WORLD ADVANCED DRIVER ASSISTANCE SYSTEMS MARKET SIZE AND FORECAST, BY END-USER, 2015 – 2024 ($ BILLION)
TABLE 25 DENSO CORPORATION: COMPANY SNAPSHOT
TABLE 26 CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 27 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 28 DELPHI AUTOMOTIVE PLC: COMPANY SNAPSHOT
TABLE 29 RENAULT GROUP: COMPANY SNAPSHOT
TABLE 30 AUDI AG: COMPANY SNAPSHOT
TABLE 31 AUTOLIV INC.: COMPANY SNAPSHOT
TABLE 32 MAGNA INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 33 GENERAL MOTORS COMPANY: COMPANY SNAPSHOT
TABLE 34 FORD MOTOR COMPANY: COMPANY SNAPSHOT

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