The market is driven by the increasing awareness regarding vehicle safety and reducing component costs owing to the extensive use of cameras and radars.
Furthermore, strict rules and regulations of safety are expected to invigorate the market growth in the forecast period.
Market Segmentation
The advanced driver assistance systems (ADAS) are the electronic systems that aid the vehicle driver while driving or during parking. The system intends to improve car and road safety.Based on offering, the industry is bifurcated into:
- Hardware
- Software
The industry can be divided on the basis of sensor type into:
- Image Sensor
- LiDAR Sensor
- Ultrasonic Sensor
- Infrared (IR) Sensor
- Radar Sensor
- Laser
Based on system type, the industry is categorised into:
- Adaptive Cruise Control System
- Automatic Emergency Braking System (AEBS)
- Adaptive Front Lighting System
- Blind Spot Object Detection System
- Driver Monitoring System (DMS)
- Forward Collision Warning System (FCWS)
- Intelligent Parking Assist System (IPAS)
- Lane Departure Warning System (LDWS)
- Night Vision System
- Road Sign Recognition System (RSRS)
- Tyre Pressure Monitoring System (TPMS)
- Traffic Jam Assist System (TJAS)
- Others
On the basis of the level of autonomy, the market is segmented into:
- Level 1
- Level 2 and Level 3
- Level 4
- Level 5
By distribution channel, the market is bifurcated into:
- OEM
- Aftermarket
On the basis of vehicle type, the market is categorised into:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Market Analysis
The global advanced driver assistance systems (ADAS) market is driven by the rising demand for safety features and an enhanced requirement for comfort. The use of the product helps mitigate the loss of property and life and minimizes the rate of accidents. The product also improves pedestrian and passenger safety by reducing the occurrence of motor vehicle accidents as well as their severity. The market is further expanding owing to the rapid technological advancements and manufacture of multifunctional systems.The market may find hindrance in its growth due to the lack of lane marking, well-organised roads, and availability of GPS in many parts of the developing countries, which are the basic infrastructural requirements needed for the optimum functioning of the advanced driver assistance systems (ADAS).
Competitive Landscape
The report gives a detailed analysis of the following key players in the global advanced driver assistance systems (ADAS) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Robert Bosch GmbH
- Continental AG.
- DENSO Corporation
- Magna International Inc.
- ZF Friedrichshafen AG
- Autoliv Inc.
- NXP Semiconductors
- Others
Table of Contents
Companies Mentioned
The key companies featured in this Advanced Driver Assistance Systems (ADAS) market report include:- Robert Bosch GmbH
- Continental AG.
- DENSO Corporation
- Magna International Inc.
- ZF Friedrichshafen AG
- Autoliv Inc.
- NXP Semiconductors
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 40.21 Billion |
Forecasted Market Value ( USD | $ 196.61 Billion |
Compound Annual Growth Rate | 17.2% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |