Global Automotive ADAS Market Size, Status and Forecast 2020-2026
Parking Assist Systems is expected to lead the global ADAS market. In 2015, parking assist systems held the largest share in the market owing to the development of the partial and fully autonomous cars. This system helps the driver to safely park the cars in the exhaustive and challenging situation by giving a full perspective of the vehicle back side including the blind spots. From the one that would help demonstrate the driver of any possible collisions while parking, park assist systems have evolved into one what would park the vehicle without any intervention from the driver’s side. Ford Global Technologies and Bosch are the major players that own most of the patents related to the park assist technology.
Market Analysis and Insights: Global Automotive ADAS Market
In 2019, the global Automotive ADAS market size was US$ 18120 million and it is expected to reach US$ 98210 million by the end of 2026, with a CAGR of 27.0% during 2021-2026.
Global Automotive ADAS Scope and Market Size
Automotive ADAS market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive ADAS market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Automotive ADAS market is segmented into Adaptive Cruise Control (ACC), Lane Departure Warning (LDW) System, Park Assist, Blind Spot Detection, Others, etc.
Segment by Application, the Automotive ADAS market is segmented into Passenger Car, LCV, HCV, etc.
Regional and Country-level Analysis
The Automotive ADAS market is analysed and market size information is provided by regions (countries).
The key regions covered in the Automotive ADAS market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscapeand Automotive ADAS Market Share Analysis
Automotive ADAS market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Automotive ADAS business, the date to enter into the Automotive ADAS market, Automotive ADAS product introduction, recent developments, etc.
The major vendors include Continental Ag, Delphi Automotive PLC, Robert Bosch Gmbh, Aisin Seiki Co. Ltd., Denso Corporation, Trw Automotive Holdings Corp., Mobileye NV, etc.
This report focuses on the global Automotive ADAS status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive ADAS development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Delphi Automotive PLC
Robert Bosch Gmbh
Aisin Seiki Co. Ltd.
Trw Automotive Holdings Corp.
Market segment by Type, the product can be split into
Adaptive Cruise Control (ACC)
Lane Departure Warning (LDW) System
Blind Spot Detection
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Automotive ADAS status, future forecast, growth opportunity, key market and key players.
To present the Automotive ADAS development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Automotive ADAS are as follows:
History Year: 2015-2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.