Product Code: GVR-2-68038-082-8
Advanced Driver Assistance System Market Growth & Trends:
The global advanced driver assistance system market size is estimated to reach USD 66.56 billion by 2030, expanding at a CAGR of 12.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing government initiatives toward deploying driver assistance systems to mitigate road accidents are anticipated to contribute to the market growth. The surge in the adoption of advanced driver assistance system (ADAS) in small cars is anticipated to further boost the growth of the market over the forecast period.
Increasing levels of technological innovation and surge in the initiatives undertaken toward self-driving cars and vehicle automation have elevated the demand for driver safety and assistance systems over the past decade. For instance, the European Union has mandated automotive manufacturers to fit ADAS systems, including Autonomous Emergency Braking Systems (AEBS) and Lane Departure Warning Systems (LDWS), in all heavy commercial vehicles that weigh over 7,000 kilograms.
The demand for ADAS technologies such as road sign recognition systems, drowsiness monitoring systems, and night vision systems is expected to increase considerably over the forecast period. Tire pressure monitoring systems are also projected to have substantial penetration in the overall market due to their easy aftermarket availability and low prices. Adaptive cruise control offers better driver safety and aids in avoiding fatal road accidents. All these factors are expected to propel market growth by 2030.
The sensor segment accounted for the largest market share of more than 31.9% in 2022. The automotive industry is witnessing an increase in self-driving vehicles on road. These vehicles demand a blend of a large number of sensors such as Lidar, cameras, ultrasonic sensors, and radar for accomplishing different operations accurately. Thus, the demand for sensors is projected to increase significantly over the forecast period. Among the various sensor types, Lidar sensors are expected to gain high traction by 2030 owing to their crucial function in self-driving cars.
The key players operating in the ADAS market include AISIN SEIKI Co., Ltd.; Autoliv Inc.; Continental AG; Denso Corporation; Garmin Ltd.; and HARMAN International. These players emphasize adopting various strategies, including business expansions, mergers and acquisitions, and product expansions. These strategies assist the companies in expanding their business and product portfolio. For instance, in February 2020, Continental AG established a new production plant for advanced driver assistance systems in Texas, U.S. The company invested USD 109 million.
Advanced Driver Assistance System Market Report Highlights:
- The response for ADAS processors is predicted to grow at a considerable rate over the forecast period
- The Asia Pacific market is anticipated to witness substantial growth over the forecast period owing to several developments across major economies, especially China
- Key players dominating the market are Hyundai Mobis; Continental AG; Autoliv Inc.; Mobileye; and Magna International among others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Advanced Driver Assistance System Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Advanced Driver Assistance System Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining Power of The Suppliers
- 3.3.1.2. Bargaining Power of The Buyers
- 3.3.1.3. Threats of Substitution
- 3.3.1.4. Threats From New Entrants
- 3.3.1.5. Competitive Rivalry
- 3.3.2. PESTEL Analysis
Chapter 4. Advanced Driver Assistance System Market: Solution Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Advanced Driver Assistance System Market: Solution Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Adaptive Cruise Control (ACC)
- 4.3.1. Adaptive Cruise Control (ACC) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Blind Spot Detection System (BSD)
- 4.4.1. Blind Spot Detection System (BSD) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Park Assistance
- 4.5.1. Park Assistance Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Lane Departure Warning System (LDWS)
- 4.6.1. Lane Departure Warning System (LDWS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Tire Pressure Monitoring System (TPMS)
- 4.7.1. Tire Pressure Monitoring System (TPMS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8. Autonomous Emergency Braking (AEB)
- 4.8.1. Autonomous Emergency Braking (AEB) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9. Adaptive Front Lights (AFL)
- 4.9.1. Adaptive Front Lights (AFL) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.10. Others
- 4.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Advanced Driver Assistance System Market: Component Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Advanced Driver Assistance System Market: Component Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Processor
- 5.3.1. Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Sensors
- 5.4.1. Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.2. Radar
- 5.4.2.1. Radar Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.3. LiDAR
- 5.4.3.1. LiDAR Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.4. Ultrasonic
- 5.4.4.1. Ultrasonic Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4.5. Others
- 5.4.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Software
- 5.5.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Advanced Driver Assistance System Market: Vehicle Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Advanced Driver Assistance System Market: Vehicle Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Passenger Cars
- 6.3.1. Passenger Cars Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Commercial Vehicle
- 6.4.1. Commercial Vehicle Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Light Commercial Vehicle
- 6.4.2.1. Light Commercial Vehicle Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Heavy Commercial Vehicle
- 6.4.3.1. Heavy Commercial Vehicle Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Advanced Driver Assistance System Market: Regional Estimates & Trend Analysis
- 7.1. Advanced Driver Assistance System Market Share, By Region, 2024 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.K.
- 7.3.2.1. U.K. Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Mexico
- 7.5.3.1. Mexico Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. UAE
- 7.6.2.1. UAE Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Saudi Arabia
- 7.6.3.1. Saudi Arabia Advanced Driver Assistance System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Advanced driver assistance system Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Altera Corporation
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Autoliv
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. DENSO CORPORATION
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Continental AG
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Garmin Ltd.
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Infineon Technologies AG
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. Magna International Inc.
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Mobileye
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. Robert Bosch GmbH
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Valeo SA
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives
- 8.4.11. Wabco Holdings Inc
- 8.4.11.1. Participant's Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Strategic Initiatives