The global ADAS technology Market will grow by US$ 125 Billion by 2024 at a CAGR of 20.1% in the given forecast period.
ADAS technology improves the driving experience, while enhancing the vehicle and pedestrian safety. It is becoming an integral part of modern automobiles and is being adopted in passenger cars as well as commercial vehicles.
The global ADAS market is segregated on the basis of Technology as Adaptive Cruise Control, Automatic High Beam Control, Autonomous Park Assist, Blind Spot Detection, Driver Monitoring, Forward Collision Warning, Front Lighting, AEB, Night Vision, and Head Up Display. Based on Distribution the global ADAS market is segmented in OEM and Aftermarket. Based on Vehical Type the global ADAS market is segmented in PCV, LCV, and HCV.
The global ADAS market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The ADAS market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Aisin Seiki Co. Ltd, Autoliv Inc., Bosch Group, Continental AG, Delphi Technologies, Denso Corporation, Gentex Corporation, Harman International, Hella GmbH & Co. KGaA, Hyundai Mobis, and others are among the major players in the global ADAS market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The ADAS Market has been segmented as below:
ADAS Market, By Technology
Adaptive Cruise Control
Automatic High Beam Control
Autonomous Park Assist
Blind Spot Detection
Forward Collision Warning
Head Up Display
Lane Departure Warning
Surround View System
Traffic Sign Recognition
Tire Pressure Monitoring System
ADAS Market, By Distribution
ADAS Market, By Vehical Type
ADAS Market, By Region
Rest of the World
ADAS Market, By Company
Aisin Seiki Co. Ltd
Hella GmbH & Co. KGaA
Magna International Inc
Renesas Electronics Corporation
TRW Automotive Inc
The report covers:
Global ADAS market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global ADAS market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global ADAS market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
The global ADAS market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global ADAS market share. Major industry players with significant revenue share include Aisin Seiki Co. Ltd, Autoliv Inc., Bosch Group, Continental AG, Delphi Technologies, Denso Corporation, Gentex Corporation, Harman International, Hella GmbH & Co. KGaA, Hyundai Mobis, and others.
Reasons to Buy this Report:
Gain detailed insights on the ADAS industry trends
Find complete analysis on the market status
Identify the ADAS market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making