NEW YORK, July 21, 2023 /PRNewswire/ — The automotive advanced driver assistance system (ADAS) market to grow by USD 25,673.24 million between 2022 and 2027 and register a CAGR of 9.3%, according to Technavio’s latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio reports present a detailed study by way of synthesis and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. The report is segmented by Application, Technology, and Geography. – Read our Sample Report

The report also covers the following areas:

• Automotive Advanced Driver Assistance System (ADAS) Market size
• Automotive Advanced Driver Assistance System (ADAS) Market Trends
• Automotive Advanced Driver Assistance System (ADAS) Market industry analysis

Automotive Advanced Driver Assistance System (ADAS) Market 2023-2027: Segmentation

• Application 
• Passenger Cars
• Commercial Vehicles
• Technology 
• AEBS
• TPMS
• PAS
• LDWS And Others
• Geography 
• Europe
• North America
• APAC
• South America
• Middle East and Africa

The market share growth by the passenger cars segment will be significant during the forecast period. This is due to the growing adoption of advanced technologies by automotive OEMs and competition in the automotive industry. Many automotive OEMs are focusing on increasing the safety ratings of their vehicles and differentiating their products from their rivals. For example, in the US, the Public Roadway Traffic Security Organization (NHTSA) five-star well-being rating program focus on ADAS advancements like AEBS, FCWS, LDWS, TPMS, and reverse video systems. Many automotive OEMs in the US are launching new models which include ADAS technologies. Hence, these factors are expected to drive segment growth during the forecast period.

Automotive Advanced Driver Assistance System (ADAS) Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the automotive advanced driver assistance system (adas) market in l4 industry include Aisin Corp., Autoliv Inc., BorgWarner Inc., Continental AG, DENSO Corp., Gentex Corp., Harman International Industries Inc., HELLA GmbH and Co. KGaA, Hyundai Motor Co., Infineon Technologies AG, Intel Corp., Magna International Inc., NXP Semiconductors NV, Panasonic Holdings Corp., Renesas Electronics Corp., Robert Bosch GmbH, Valeo SA, Veoneer Inc., ZF Friedrichshafen AG, and Aptiv Plc. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the automotive advanced driver assistance system (adas) market are designed to provide entry support, customer profile & M&As, as well as go-to-market strategy support.

Vendor Offering

• Aisin Corp. –  The company offers advanced driver assistance system solutions such as an Automated parking system, Automated emergency brake system, and Driver monitoring system.
• Autoliv Inc. – The company offers advanced driver assistance system solutions such as the ADAS Platform for Software Defined Vehicles.
• Continental AG – The company offers advanced driver assistance system solutions such as CRC 150 ADAS equipment.

Automotive Advanced Driver Assistance System (ADAS) Market 2023-2027: Market Dynamics

Key Drivers

The decline in sensor prices is a key factor driving the market growth. Due to widespread use in the consumer electronics and automotive industries, the price of displays has significantly decreased, which has allowed automotive OEMs to lower the entire cost of entertainment systems used in vehicles. Vendors are now able to develop affordable ADAS technology for clients due to the lower prices. Additionally, lowering the cost of cameras, radars, and LiDAR sensors is a key factor in ADAS product affordability. Compact products can be developed by manufacturers for a variety of customers. Hence, the decline in sensor prices is expected to drive market growth during the forecast period.

Major Trends

The integration of map contents in ADAS is a major trend in the market. The ADAS’s functionality has been continuously improved by the automobile industry. For instance, TomTom International BV introduced the TomTom ADAS Map, a new data source that offers relevant map data to ADAS systems. The additional data source in the form of map content enables ADAS to plan and make choices that go beyond the limits of sensor technologies’ line-of-sight capabilities. These advancements in the development of map content for ADAS will improve the functionality of ADAS solutions for automobiles. Hence, the integration of map contents in ADAS is expected to drive market growth during the forecast period.

Significant Challenges

High costs associated with service and maintenance are significant challenges restricting market growth. The high repair costs have an impact on the adoption of ADAS in developing nations where consumers are price-conscious. Furthermore, to attract more customers in developing countries, the cost of ADAS service and maintenance should be reduced since rising economies are a significant factor in new car sales. For example, the cost of servicing and maintaining the radar sensors used in AEBS and ACC exceeds USD 900 in the US. Customers find this cost to be extremely exorbitant, which discourages them from choosing to use ADAS. Hence, the high costs are expected to drive market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What’s New? –

• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!

Automotive Advanced Driver Assistance System (ADAS) Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist automotive advanced driver assistance system (ADAS) market growth during the next five years
• Estimation of the automotive advanced driver assistance system (ADAS) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive advanced driver assistance system (ADAS) market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive advanced driver assistance system (ADAS) market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive advanced driver assistance system (ADAS) market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global automotive advanced driver assistance system (ADAS) market 2017 – 2021 ($ million)

• 4.2 Application Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.3 Technology Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Technology Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Passenger cars – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Passenger cars – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Passenger cars – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Passenger cars – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Passenger cars – Year-over-year growth 2022-2027 (%)

• 6.4 Commercial vehicles – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Commercial vehicles – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Commercial vehicles – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Commercial vehicles – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial vehicles – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ million)
• Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Technology

• 7.1 Market segments
• Exhibit 44: Chart on Technology – Market share 2022-2027 (%)
• Exhibit 45: Data Table on Technology – Market share 2022-2027 (%)

• 7.2 Comparison by Technology 
• Exhibit 46: Chart on Comparison by Technology
• Exhibit 47: Data Table on Comparison by Technology

• 7.3 AEBS – Market size and forecast 2022-2027 
• Exhibit 48: Chart on AEBS – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on AEBS – Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on AEBS – Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on AEBS – Year-over-year growth 2022-2027 (%)

• 7.4 TPMS – Market size and forecast 2022-2027 
• Exhibit 52: Chart on TPMS – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on TPMS – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on TPMS – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on TPMS – Year-over-year growth 2022-2027 (%)

• 7.5 PAS – Market size and forecast 2022-2027 
• Exhibit 56: Chart on PAS – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on PAS – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on PAS – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on PAS – Year-over-year growth 2022-2027 (%)

• 7.6 LDWS and others – Market size and forecast 2022-2027 
• Exhibit 60: Chart on LDWS and others – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on LDWS and others – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on LDWS and others – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on LDWS and others – Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Technology 
• Exhibit 64: Market opportunity by Technology ($ million)
• Exhibit 65: Data Table on Market opportunity by Technology ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 Europe – Market size and forecast 2022-2027 
• Exhibit 71: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 75: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027 
• Exhibit 79: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027 
• Exhibit 83: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 91: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 Germany – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.10 China – Market size and forecast 2022-2027 
• Exhibit 99: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027 
• Exhibit 103: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 France – Market size and forecast 2022-2027 
• Exhibit 107: Chart on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 Aisin Corp.
• Exhibit 119: Aisin Corp. – Overview
• Exhibit 120: Aisin Corp. – Business segments
• Exhibit 121: Aisin Corp. – Key offerings
• Exhibit 122: Aisin Corp. – Segment focus

• 12.4 Aptiv Plc
• Exhibit 123: Aptiv Plc – Overview
• Exhibit 124: Aptiv Plc – Business segments
• Exhibit 125: Aptiv Plc – Key offerings
• Exhibit 126: Aptiv Plc – Segment focus

• 12.5 BorgWarner Inc.
• Exhibit 127: BorgWarner Inc. – Overview
• Exhibit 128: BorgWarner Inc. – Business segments
• Exhibit 129: BorgWarner Inc. – Key news
• Exhibit 130: BorgWarner Inc. – Key offerings
• Exhibit 131: BorgWarner Inc. – Segment focus

• 12.6 Continental AG
• Exhibit 132: Continental AG – Overview
• Exhibit 133: Continental AG – Business segments
• Exhibit 134: Continental AG – Key offerings
• Exhibit 135: Continental AG – Segment focus

• 12.7 DENSO Corp.
• Exhibit 136: DENSO Corp. – Overview
• Exhibit 137: DENSO Corp. – Business segments
• Exhibit 138: DENSO Corp. – Key news
• Exhibit 139: DENSO Corp. – Key offerings
• Exhibit 140: DENSO Corp. – Segment focus

• 12.8 Harman International Industries Inc. 
• Exhibit 141: Harman International Industries Inc. – Overview
• Exhibit 142: Harman International Industries Inc. – Product / Service
• Exhibit 143: Harman International Industries Inc. – Key news
• Exhibit 144: Harman International Industries Inc. – Key offerings

• 12.9 HELLA GmbH and Co. KGaA 
• Exhibit 145: HELLA GmbH and Co. KGaA – Overview
• Exhibit 146: HELLA GmbH and Co. KGaA – Business segments
• Exhibit 147: HELLA GmbH and Co. KGaA – Key news
• Exhibit 148: HELLA GmbH and Co. KGaA – Key offerings
• Exhibit 149: HELLA GmbH and Co. KGaA – Segment focus

• 12.10 Hyundai Motor Co.
• Exhibit 150: Hyundai Motor Co. – Overview
• Exhibit 151: Hyundai Motor Co. – Business segments
• Exhibit 152: Hyundai Motor Co. – Key news
• Exhibit 153: Hyundai Motor Co. – Key offerings
• Exhibit 154: Hyundai Motor Co. – Segment focus

• 12.11 Infineon Technologies AG 
• Exhibit 155: Infineon Technologies AG – Overview
• Exhibit 156: Infineon Technologies AG – Business segments
• Exhibit 157: Infineon Technologies AG – Key news
• Exhibit 158: Infineon Technologies AG – Key offerings
• Exhibit 159: Infineon Technologies AG – Segment focus

• 12.12 Intel Corp.
• Exhibit 160: Intel Corp. – Overview
• Exhibit 161: Intel Corp. – Business segments
• Exhibit 162: Intel Corp. – Key news
• Exhibit 163: Intel Corp. – Key offerings
• Exhibit 164: Intel Corp. – Segment focus

• 12.13 Magna International Inc. 
• Exhibit 165: Magna International Inc. – Overview
• Exhibit 166: Magna International Inc. – Business segments
• Exhibit 167: Magna International Inc. – Key news
• Exhibit 168: Magna International Inc. – Key offerings
• Exhibit 169: Magna International Inc. – Segment focus

• 12.14 Robert Bosch GmbH
• Exhibit 170: Robert Bosch GmbH – Overview
• Exhibit 171: Robert Bosch GmbH – Business segments
• Exhibit 172: Robert Bosch GmbH – Key news
• Exhibit 173: Robert Bosch GmbH – Key offerings
• Exhibit 174: Robert Bosch GmbH – Segment focus

• 12.15 Valeo SA
• Exhibit 175: Valeo SA – Overview
• Exhibit 176: Valeo SA – Business segments
• Exhibit 177: Valeo SA – Key news
• Exhibit 178: Valeo SA – Key offerings
• Exhibit 179: Valeo SA – Segment focus

• 12.16 Veoneer Inc.
• Exhibit 180: Veoneer Inc. – Overview
• Exhibit 181: Veoneer Inc. – Business segments
• Exhibit 182: Veoneer Inc. – Key offerings
• Exhibit 183: Veoneer Inc. – Segment focus

• 12.17 ZF Friedrichshafen AG
• Exhibit 184: ZF Friedrichshafen AG – Overview
• Exhibit 185: ZF Friedrichshafen AG – Business segments
• Exhibit 186: ZF Friedrichshafen AG – Key news
• Exhibit 187: ZF Friedrichshafen AG – Key offerings
• Exhibit 188: ZF Friedrichshafen AG – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 189: Inclusions checklist
• Exhibit 190: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 191: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 192: Research methodology
• Exhibit 193: Validation techniques employed for market sizing
• Exhibit 194: Information sources

• 13.5 List of abbreviations
• Exhibit 195: List of abbreviations

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