Advanced Driver Assistance Systems (ADAS) market By Reports And Data
Advanced Driver Assistance
Systems (ADAS) Market To Reach
USD 129.76 Billion By 2026
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Market Summary
The rising number of government initiatives globally related to the
safety of the vehicles coupled with the rising demand for safe and
efficient vehicles are the major factors attributing to the growth of
the ADAS market over the forecasted period. Another factor helping
the growth of the Advnaced Driver Assistance Systems market is the
rising demand for luxurious vehicles which come with ADAS systems
built in.
Market Size – USD 19.57 Billion in 2018, Market Growth - CAGR of
22.57%, Market Trends – Growing automotive industry has
proliferated the rising need for safety of the vehicle as well as the
passengers, thus in turn foserting the growth of the Advanced Driver
Assistance Systems market.
According to the current analysis of Reports and Data, the global
Advanced Driver Assistance Systems (ADAS) market was valued at
USD 19.57 Billion in 2018 and is projected to grow at a CAGR of
22.57% from 2019 to 2026. Advanced Driver Assistance Systems
(ADAS) are electronic systems that help the driver of the vehicle to
drive or park the vehicle. With the increasing number of government
regulations globally related to the safety of the vehicles as well as
the increasing demand for safe and efficient vehicles. The factor
restraining the growth of the market is the unavailability of the
needed infrastructure in some regions of the globe.
M a Orkuetr S Aumpmparroyach
The ADAS technology utilize the System on a Chip and Field Programmable Gate Arrays as well as
automotive sensors that can be based upon systems that are local to the car. ADAS provide the driver with
the essential information, automate the difficult or repetitive tasks in an aid to increase the car safety for
everyone on the road. Most of the ADAS possess cutting edge technologies. Since ADAS rely on the
electronics as well as firmware elements, the development of such cutting-edge systems is governed by
international safety standards like the IEC-61508 and ISO-26262.
Two major trends that can help increase the demand for ADAS over the forecasted period are the switch
from conventional powered vehicles to electric powered vehicles; and the increasing automation in
vehicles. Trends like these will majorly impact the demand for ADAS through the forecasted period.
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M a r kOeut Sru Ampmparyoach
Key participants include Robert Bosch GmbH (Germany), Continental International (Germany), ZF Friedrichshafen
(Germany), Aptiv (Ireland), Intel (US), Denso (Japan), Hyundai Mobis (South Korea), Valeo (France), Magna (Canada),
Samsung (South Korea), and Hella (Germany).
System (Revenue, USD Million; 2016–2026)
• Adaptive Cruise Control
• Adaptive Front Light
• Automatic Emergency Braking
• Blind Spot Detection
• Cross Traffic Alert
• Driver Monitoring System
• Forward Collision Warning
• Intelligent Park Assistance
• Lane Departure Assistance
• Night Vision System
• Pedestrian Detection System
• Road Sign Recognition
• Traffic Jam Assist
• Others
M a r kOeut Sru Ampmparyoach
Component (Revenue, USD Million; 2016–2026)
• Hardware
• Software
Type (Revenue, USD Million; 2016–2026)
• Image Sensor
• LiDAR Sensor
• Ultrasonic Sensor
• Infrared Sensor
• Radar Sensor
• Laser
• Capacitive Sensor
• Others
Regional Outlook (Revenue in USD Million; 2016–2026)
• North America
• Europe
• Asia Pacific
• Rest of the World
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About Us
A b oOuutr U Aspproach
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