The company profile section includes highlights of significant information about the key companies involved along with their financial positions, key strategies, & developmental activities of recent years. Some of the key players are WABCO, Continental, Bosch, Bendix Commercial Vehicles, Hella, and Delphi among others
Europe generated the maximum revenue in the year 2015 and APAC is expected to grow at a fastest rate as compared to other regions in the forecast period. The industry is expected to cross $2.6 billion in total market value by the end of forecast period.
Rising awareness about driver safety and growing influence of safety regulations imposed by various governmental organizations have made Advanced Driver Assistance System (ADAS) an essential component in commercial vehicles. The market is estimated to witness a growth at a CAGR of 10.6% over the period of 2016 to 2022. The report is a compilation of various segmentation of Global Commercial Vehicle ADAS market including market breakdown by components, sensor technologies, applications, and different geographical areas.
The report details the market analysis and forecast with respect to its various components such as parking assistance, autonomous emergency breaking system and distance warning system, drowsiness monitoring system, blind spot detection system, adaptive front lighting system, adaptive cruise control system, lane departure warning, night vision system, and tire-pressure monitoring system among others.
While highlighting the key driving and restraining forces for this market, the report also provides a detailed section of the application areas of global commercial vehicle ADAS market which includes light commercial vehicles (LCV) and heavy-duty trucks and busses. It also details the leading players involved in the industry.
The report answers the following questions about the Global Commercial Vehicle ADAS Market:
- What is the Global Commercial Vehicle ADAS market size is in terms of revenue and volume from 2015-2022?
- What are the dominant components and sensor technology used in commercial vehicle ADAS?
- What are the different application areas of commercial vehicle ADAS?
- What is the revenue generated by different components, sensor technology, and applications of commercial vehicle ADAS?
- What is the prime supply and demand sides factors affecting the growth of the market along with the current and future trends in the commercial vehicle ADAS market?
- What are the different factors driving the market in the forecast period?
- What are the major factors challenging the growth of Global Commercial Vehicle ADAS Market?
- What kind of new strategies are being adopted by existing market players to make a mark in the industry?
- Which region will lead the Global Commercial Vehicle ADAS Market by the end of forecast period?
Technological advancements and innovation in the field of sensor technology and future demand for autonomous vehicle is proliferating the growth of Advanced Driver Assistance System (ADAS) market in commercial vehicle industry. Besides this, growing awareness towards driver safety as well as goods safety and timeliness of the delivery of goods are some of the key factors responsible for the exponential growth of the ADAS equipped commercial vehicles. With the growing popularity of this market, the author has published a report titled, “Global Commercial Vehicle ADAS Market, Estimation & Forecast 2016-2022” incorporating a broad segmentation of the market into different components, sensor technologies, applications, and geography. The market numbers play an important role in the industry, following which a proper market sizing & estimation by components, by sensor technology, by applications, and by geographical location has been done for the industry. Global market sizing and estimation in terms of revenue generated and volume of the units shipped has been included in the report.
Rapid changes in the industry has led an analyst of BIS Research to add a detailed chapter on the market dynamics including the key driving and restraining forces, along with the opportunities and challenges for the global commercial vehicle ADAS market through the forecast period. Moreover, having identified the potential for further development in the form of product launches, acquisitions, and partnerships among others, the report has included a separate section of detailed competitive landscape. The recent activities by the key players in this market have also been tracked in the form of company profiles. Some of the key companies covered in the report are WABCO, Continental, Bosch, Bendix Commercial Vehicles, Hella, and Delphi among others.
Rise in government regulations with respect to safe driving and high growth opportunities in emerging economies such as China, India, and Japan are also propelling the overall market growth. BIS Research has estimated the industry to grow over $2.6 billion by 2022 at a CAGR of 10.6% through 2016-2022, with Europe leading the market.
2 Report Scope
2.1 Market Definition
2.2 Report Coverage
3 Research Methodology
3.1 Factor Analysis
3.1.1 Demand Side Factors
3.1.2 Supply Side Factors
3.2 Research Design
3.2.1 Primary Research
3.2.2 Secondary Research
3.2.3 Data Triangulation
188.8.131.52 Bottom-Up Approach
184.108.40.206 Top-Down Approach
3.3 Assumptions & Limitations
3.4 Key Data Point Sources
3.4.2 Data Points Taken From Primary Sources
4 Industry Analysis
4.1 ADAS Evolution
4.2 Technology Roadmap
4.3 Regulations & Ratings
4.4 Value Chain Analysis
4.5 Function Analysis And Component Specification
4.6 Pricing Analysis
5 Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Challenges
5.4 Market Opportunities
6 Competitive Insights
6.1 Competitive Analysis
6.2 Strategic Developments
New Product Launches
Mergers & Acquisitions
Partnership Agreement & Collaboration
6.3 Share Of Key Market Development & Strategies
6.4 Porters Five Forces Analysis
6.5 Market Share Analysis Of Leading Players
6.6 Customer Analysis
6.7 Competitive Developments
7 Commercial Vehicle ADAS Market, By Component
7.2 Commercial ADAS Component Market Scenario
7.3 Parking Assistance
7.3.1 Parking Assistance System: Product And Oem Mapping
7.4 Autonomous Emergency Braking System & Distance Warning
7.4.1 Aebs & Dw System: Product And Oem Mapping
7.5 Drowsiness Monitoring System
7.5.1 Drowsiness Monitoring System: Product And Oem Mapping
7.6 Blindspot Detection System
7.6.1 Blindspot Detection: Product And Oem Mapping
7.7 Adaptive Front Lighting System
7.7.1 Adaptive Front Lighting System: Product And Oem Mapping
7.8 Adaptive Cruise Control System
7.8.1 Adaptive Cruise Control System: Product And Oem Mapping
7.9 Lane Departure Warning
7.9.1 Lane Departure Warning: Product And Oem Mapping
7.1 Tire Pressure Monitoring System
7.10.1 Tire Pressure Monitoring System: Product And Oem Mapping
8 Commercial Vehicle ADAS Market, By Sensor Technologies
8.2 Market Scenario
8.3 Commercial Vehicle ADAS Semiconductor Market
8.4 Image Sensor
8.4.1 ADAS Image Sensor: Product And Oem Mapping
8.5.1 Radar: Product And Oem Mapping
8.5.2 ADAS Radar Mapping By Application
8.6.1 ADAS Lidar Sensor: Product And Oem Mapping
8.7 Ultrasonic Sensor
8.7.1 ADAS Ultrasonic Sensor: Product And Oem Mapping
9 Commercial Vehicle ADAS Market, By Application
9.2 Light Commercial Vehicle
9.3 Heavy Truck
9.4 Heavy Buss
10 Commercial Vehicle ADAS Market, By Geography
10.2 Geographical Analysis Of Commercial Vehicle ADAS Market
10.3 North America
11 Company Profile
11.1 Geographical Footprint Of Key Players
11.2 Aisin Seiki Co., Ltd.
11.3 Delphi Automotive Plc
11.4 Continental Ag
11.5 Denso Corporation
11.6 Autoliv Ab
11.8 Magna International Inc.
11.9 Robert Bosch Gmbh
11.1 Gentex Corporation
11.11 Hella Kgaa Hueck & Co.
11.12 Zf Trw
11.13 Takata Corporation
11.14 Texas Instruments Incorporated
12.2 Related Reports
The global commercial vehicle ADAS market has been tracked along the lines of its components, sensor technologies, application areas, and geography. The various components in ADAS include: parking assistance system, drowsiness monitoring system, blind-spot detection system, adaptive front lighting system, autonomous emergency braking system and distance warning system, Adaptive Cruise Control(ACC) system, night vision system, pedestrian detection, tire pressure monitoring, lane departure warning, and e-call Telematics. ACC contributed maximum in terms of revenue to the market and accounted for ~20% share in 2015. Factors such as allowing drivers to adjust the position of throttle, improving fuel economy of the vehicle, and offering comfortable driving irrespective of traffic flow is propelling the growth of ACC in commercial vehicle.
Various sensor technologies such as image sensor, laser, infrared, ultrasonic, and radar, among others used in commercial vehicle ADAS. Image sensors in 2015 held the largest share because of wide usage in ADAS such as driver-drowsiness warning system, lane-departure warning, backup camera and surround-view systems, and collision avoidance.
Applications of ADAS in commercial vehicles are light commercial vehicle (LCV) and heavy trucks and busses. LCV accounted for the major share in 2015; however, the penetration of ADAS in heavy trucks and busses is more in comparison to LCV.
This report covers the global commercial vehicle ADAS market, and consequently provides the revenue of the key regions – North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). The analysis has identified that Europe was the maximum revenue generating segment in 2015, the reason being rising government regulation which has forced the OEMs to install the mandatory ADAS components in the commercial vehicles to gain the ratings. APAC is the fastest growing region in the market and the key revenue contributing countries in the region include China, Japan, Australia, and India.
Some of the key players in the industry are WABCO, Continental, Bosch, Bendix Commercial Vehicles, Hella, and Delphi among others. These companies are aiming for business expansion through mergers & acquisitions, partnerships, and product launches to prevent the new entrants from entering the market.
- Autoliv Ab
- Continental Ag
- Delphi Automotive Plc
- Denso Corporation
- Gentex Corporation
- Hella Kgaa Hueck & Co.
- Magna International Inc.
- Robert Bosch Gmbh
- Takata Corporation
- Texas Instruments Incorporated
- Zf Trw