The global automotive ADAS (advanced driver assistance system) market share is estimated to gain a revenue of US$ 64,047.75 million in 2024. Our automotive domain experts opine that automotive ADAS providers can expect a promising CAGR of 12.7% through 2034, with a forecast valuation of US$ 2,11,710.80 million by 2034.
Attribute | Details |
---|---|
Automotive ADAS (Advanced Driver Assistance System) Market Size, 2023 | US$ 56,830.30 million |
Automotive ADAS (Advanced Driver Assistance System) Market Size, 2024 | US$ 64,047.75 million |
Automotive ADAS (Advanced Driver Assistance System) Market Size, 2034 | US$ 2,11,710.80 million |
Value CAGR (2024 to 2034) | 12.7% |
Top Trends Boosting the Adoption of Automotive ADAS
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Attributes | Details |
---|---|
Automotive ADAS Market Size (2023) | US$ 56,830.30 million |
The global automotive ADAS market is projected to scale from US$ 56,830.30 million in 2023 to US$ 2,11,710.80 million by 2034, registering a CAGR of 12.7% in the meanwhile. The following factors have been propelling the growth of automotive ADAS industry:
Leading Technology | Ultrasonic Sensors |
---|---|
Market Share % (2024) | 25.1% |
As per the recent market estimates by FMI analysts, the ultrasonic sensors are projected to obtain a market share of 25.1% in 2024. The segment growth can be attributed to a rise in the demand for passenger vehicles, accelerating demand for ultrasonic sensors. Further, the adoption of these sensors is surging to facilitate complete vehicle surveillance.
Leading Type | AEB |
---|---|
Market Share % (2024) | 56.3% |
The AEB segment is expected to account for a leading market share of 56.3% in 2024. Increasing demand for technology that helps reduce and prevent front-end collisions. National Highway Traffic Safety Administration (NHTSA) reported that in 2020, front-end collisions were estimated to be around 60% of all passenger vehicle fatalities in the United States. Therefore, AEB systems are increasingly used to lower the severity and frequency of these collisions as they automatically put brakes on if the system finds an imminent forward collision with another pedestrian, vehicle, or cyclist. Manufacturers are working on making AEB systems cost-effective and sophisticated to boost their accessibility to more customers.
Country | China |
---|---|
Forecast CAGR % (2024 to 2034) | 13.5% |
As per the latest market research by FMI analysts, the ADAS market in China is predicted to expand at an impressive CAGR of 13.5% through 2034. The following factors are contributing to an increase in the sales of ADAS in China:
Country | Germany |
---|---|
Forecast CAGR % (2024 to 2034) | 8.8% |
The ADAS market in Germany is anticipated to expand at a CAGR of 8.8% through 2034. Given below are the leading factors that are yielding growth in the ADAS market:
Country | Spain |
---|---|
Forecast CAGR % (2024 to 2034) | 8.5% |
The Spain automotive ADAS market is projected to pace at a CAGR of 8.5% through 2034. Given below are the leading factors that are catalyzing the market growth:
Country | Canada |
---|---|
Forecast CAGR % (2024 to 2034) | 9.7% |
The Canada automotive ADAS market is projected to expand at a promising CAGR of 9.7% through 2034. Key factors that are supporting the sales of automotive ADAS are as follows:
Country | Japan |
---|---|
Forecast CAGR % (2024 to 2034) | 13.6% |
The Japan automotive ADAS market is forecast to expand at a robust CAGR of 13.6% through 2034. The following factors are catapulting the growth of automotive ADAS market in Japan:
Market players are utilizing AI, IoT, and ML to boost accuracy related to ADAS systems. Additionally, new changes are also being presented in the hardware architecture of ADAS to ascertain that high-quality microprocessors are employed for process efficiency. Further, key players are concentrating their efforts on condition monitoring of power transmission systems to offer digital condition monitoring of vehicle technology. Market participants are collaborating strategically with key players from other niches to create better-quality services.
Recent Developments in the Market
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Attribute | Details |
---|---|
Forecast Period | 2019 to 2023 |
Historical Data Available for | 2024 to 2034 |
Market Analysis | Units for Volume and US$ million for Value |
Key Regions Covered | North America; Latin America; Europe; Asia Pacific Except Japan; The Middle East and Africa |
Key Countries Covered | The United States, Canada, Brazil, Mexico, Germany, the United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
Key Market Segments Covered | System, Battery Type, Technology, and Region |
Key Companies Profiled | Robert Bosch GmbH; Continental AG; ZF Friedrichshafen AG; DENSO Corporation; Mobileye; Aptiv Plc; Veoneer Inc.; Autoliv Inc.; Valeo SA; Magna International; Aisin Seiki Co. Ltd.; Panasonic Corporation; Texas Instruments; NVIDIA Corporation; NXP Semiconductors NV; Renesas Electronics Corporation; Intel Corporation; Hitachi; Harman International Industries |
The automotive ADAS market is to be worth US$ 64,047.75 million in 2024.
The market is predicted to expand at a CAGR of 12.7% through 2034.
The market is anticipated to account for US$ 2,11,710.80 million by 2034.
China is predicted to provide high growth opportunities.
Ultrasonic sensors are significantly used in automotive ADAS.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By System 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By System, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By System, 2023 to 2033 5.3.1. Standard 5.3.2. Folding 5.3.3. Self-Balancing 5.3.4. Maxi 5.3.5. Three-Wheeled 5.4. Y-o-Y Growth Trend Analysis By System, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By System, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Battery Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Battery Type, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Battery Type, 2023 to 2033 6.3.1. Li-ion 6.3.2. NiMH 6.3.3. Lead-Based 6.4. Y-o-Y Growth Trend Analysis By Battery Type, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Battery Type, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2023 to 2033 7.3.1. Plug-In 7.3.2. Battery 7.4. Y-o-Y Growth Trend Analysis By Technology, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Technology, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Western Europe 8.3.4. Eastern Europe 8.3.5. South Asia and Pacific 8.3.6. East Asia 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By System 9.2.3. By Battery Type 9.2.4. By Technology 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By System 9.3.3. By Battery Type 9.3.4. By Technology 9.4. Key Takeaways 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By System 10.2.3. By Battery Type 10.2.4. By Technology 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By System 10.3.3. By Battery Type 10.3.4. By Technology 10.4. Key Takeaways 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. UK 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Western Europe 11.2.2. By System 11.2.3. By Battery Type 11.2.4. By Technology 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By System 11.3.3. By Battery Type 11.3.4. By Technology 11.4. Key Takeaways 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. Poland 12.2.1.2. Russia 12.2.1.3. Czech Republic 12.2.1.4. Romania 12.2.1.5. Rest of Eastern Europe 12.2.2. By System 12.2.3. By Battery Type 12.2.4. By Technology 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By System 12.3.3. By Battery Type 12.3.4. By Technology 12.4. Key Takeaways 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Bangladesh 13.2.1.3. Australia 13.2.1.4. New Zealand 13.2.1.5. Rest of South Asia and Pacific 13.2.2. By System 13.2.3. By Battery Type 13.2.4. By Technology 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By System 13.3.3. By Battery Type 13.3.4. By Technology 13.4. Key Takeaways 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By System 14.2.3. By Battery Type 14.2.4. By Technology 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By System 14.3.3. By Battery Type 14.3.4. By Technology 14.4. Key Takeaways 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By System 15.2.3. By Battery Type 15.2.4. By Technology 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By System 15.3.3. By Battery Type 15.3.4. By Technology 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2022 16.1.2.1. By System 16.1.2.2. By Battery Type 16.1.2.3. By Technology 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2022 16.2.2.1. By System 16.2.2.2. By Battery Type 16.2.2.3. By Technology 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2022 16.3.2.1. By System 16.3.2.2. By Battery Type 16.3.2.3. By Technology 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2022 16.4.2.1. By System 16.4.2.2. By Battery Type 16.4.2.3. By Technology 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2022 16.5.2.1. By System 16.5.2.2. By Battery Type 16.5.2.3. By Technology 16.6. UK 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2022 16.6.2.1. By System 16.6.2.2. By Battery Type 16.6.2.3. By Technology 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2022 16.7.2.1. By System 16.7.2.2. By Battery Type 16.7.2.3. By Technology 16.8. Spain 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2022 16.8.2.1. By System 16.8.2.2. By Battery Type 16.8.2.3. By Technology 16.9. Italy 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2022 16.9.2.1. By System 16.9.2.2. By Battery Type 16.9.2.3. By Technology 16.10. Poland 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2022 16.10.2.1. By System 16.10.2.2. By Battery Type 16.10.2.3. By Technology 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2022 16.11.2.1. By System 16.11.2.2. By Battery Type 16.11.2.3. By Technology 16.12. Czech Republic 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2022 16.12.2.1. By System 16.12.2.2. By Battery Type 16.12.2.3. By Technology 16.13. Romania 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2022 16.13.2.1. By System 16.13.2.2. By Battery Type 16.13.2.3. By Technology 16.14. India 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2022 16.14.2.1. By System 16.14.2.2. By Battery Type 16.14.2.3. By Technology 16.15. Bangladesh 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2022 16.15.2.1. By System 16.15.2.2. By Battery Type 16.15.2.3. By Technology 16.16. Australia 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2022 16.16.2.1. By System 16.16.2.2. By Battery Type 16.16.2.3. By Technology 16.17. New Zealand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2022 16.17.2.1. By System 16.17.2.2. By Battery Type 16.17.2.3. By Technology 16.18. China 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2022 16.18.2.1. By System 16.18.2.2. By Battery Type 16.18.2.3. By Technology 16.19. Japan 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2022 16.19.2.1. By System 16.19.2.2. By Battery Type 16.19.2.3. By Technology 16.20. South Korea 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2022 16.20.2.1. By System 16.20.2.2. By Battery Type 16.20.2.3. By Technology 16.21. GCC Countries 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2022 16.21.2.1. By System 16.21.2.2. By Battery Type 16.21.2.3. By Technology 16.22. South Africa 16.22.1. Pricing Analysis 16.22.2. Market Share Analysis, 2022 16.22.2.1. By System 16.22.2.2. By Battery Type 16.22.2.3. By Technology 16.23. Israel 16.23.1. Pricing Analysis 16.23.2. Market Share Analysis, 2022 16.23.2.1. By System 16.23.2.2. By Battery Type 16.23.2.3. By Technology 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By System 17.3.3. By Battery Type 17.3.4. By Technology 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Robert Bosch GmbH 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Continental AG 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. ZF Friedrichshafen AG 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. DENSO corporation 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Mobileye 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Aptiv Plc 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Veoneer Inc. 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Autoliv Inc. 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Valeo SA 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Magna International 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. Aisin Seiki Co. Ltd. 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 18.1.12. Panasonic Corporation 18.1.12.1. Overview 18.1.12.2. Product Portfolio 18.1.12.3. Profitability by Market Segments 18.1.12.4. Sales Footprint 18.1.12.5. Strategy Overview 18.1.12.5.1. Marketing Strategy 18.1.12.5.2. Product Strategy 18.1.12.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Automotive Insights
View Reports