Global Advance Driver Assistance System Market Size, Trends And Growth Opportunity, By Material Type (Image Sensors/Cameras, Pressure Mats, Infrared Sensors, Strain Gauges, Steering Angle Sensors), Component (Software And Hardware), By Monitoring Type (Driver Alertness/Distraction Monitoring, Driver Fatigue Monitoring, Drunk Driving Monitoring And Identity Recognition), By Vehicle Type (Passenger Car, Heavy Commercial Vehicles And Light Commercial Vehicles), By Region And Forecast Till 2027.
Report ID : IR100566 | Industries : Automotive and Transportation | Published On :May 2024 | Page Count : 126
Global Advance Driver Assistance System Market Size, Trends And Growth Opportunity, By Material Type (Image Sensors/Cameras, Pressure Mats, Infrared Sensors, Strain Gauges, Steering Angle Sensors), Component (Software And Hardware), By Monitoring Type (Driver Alertness/Distraction Monitoring, Driver Fatigue Monitoring, Drunk Driving Monitoring And Identity Recognition), By Vehicle Type (Passenger Car, Heavy Commercial Vehicles And Light Commercial Vehicles), By Region And Forecast Till 2027.
Global Advance Driver Assistance System Market
The Global Advance Driver Assistance System Market was valued at US$687.5 million in 2021 and it is expected to reach at US$1167.20 million in 2027 at a CAGR of 5.48% during forecast period 2022-2027.
The market's quick growth may be a contributing factor in the rising demand for safer driving conditions. Demand for improved safety features has significantly increased, especially in the mid-price range of vehicles, in response to customers' growing concerns about automobile safety. Additionally, the global vehicle industry's fundamentals are also developing quickly. Automobiles are provided with fundamental components that have already been designed and constructed in accordance with client expectations in order to compete in the mid-price market.
Market Drivers
The market's development and function may be too responsible for the rising need for safer driving conditions. Demand for improved safety features has significantly increased, especially in the mid-price range of vehicles, in response to customers' growing concerns about automobile safety. In addition, the basics of the global car industry are developing quickly. Automobiles are provided with fundamental components that have already been designed and constructed in accordance with client expectations in order to compete in the mid-price market. Additionally, major automakers like Volkswagen, Audi AG, and Mercedes Benz are fueling the expansion of the sophisticated driver assistance system by raising the demand for luxury vehicles in developed countries.
Market Restraints
The exorbitant retail cost of complete Driver Monitoring systems is the fundamental issue facing important industry participants. The supply-demand chain is hampered by people's preference for inexpensive sensors and monitoring systems. Advanced driver assistance systems may encounter commercial barriers in the future due to their complex structure and low or medium consumer knowledge of its significance and function.
Market Segmentation
The global advance driver assistance system market is segmented into material type, component, vehicle and monitoring type. On the basis of material type the market is segmented into image sensors/cameras, pressure mats, infrared sensors, strain gauges, steering angle sensors. By component the market is segmented into software and hardware. By monitoring type the market is segmented into driver alertness/distraction monitoring, driver fatigue monitoring, drunk driving monitoring and identity recognition. By vehicle type the market is segmented into passenger car, heavy commercial vehicles and light commercial vehicles.
Regional Analysis
The global advance driver assistance system market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The market is dominated by North America. The development of the automobile industry's technology and the presence of significant businesses in the area are the main drivers of this region's growth. Additionally, the region's economy has grown along with the greater adoption rate of new technology. The market is expanding because to the rising mortality rate and rise in high-end vehicle sales in nations like Canada and the U.S. in this region.
Key Players
Various key players are listed in this report such as Robert Bosch, Continental, Delphi, Denso, Omron Corporation, Valeo, Aisin Seiki, Magna, Visteon Corporation and Johnson Controls.
Market Taxonomy
By Material Type
• Image Sensors/Cameras
• Pressure Mats
• Infrared Sensors
• Strain Gauges
• Steering Angle Sensors
By Component
• Software
• Hardware
By Monitoring Type
• Driver Alertness/Distraction Monitoring
• Driver Fatigue Monitoring
• Drunk Driving Monitoring
• Identity Recognition
By Vehicle Type
• Passenger Car
• Heavy Commercial Vehicle
• Light Commercial Vehicles
Key Question Addressed by the Report
• What are the Key Opportunities in Global Advance Driver Assistance System Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Advance Driver Assistance System Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Advance Driver Assistance System Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Advance Driver Assistance System Market, By Material Type
5.1 Y-o-Y Growth Comparison, By Material Type
5.2 Global Advance Driver Assistance System Market Share Analysis, By Material Type
5.3 Global Advance Driver Assistance System Market Size and Forecast, By Material Type
5.3.1 Image Sensors/Camera
5.3.2 Pressure Mats
5.3.3 Infrared Sensors
5.3.4 Strain Gauges
5.3.5 Steering Angle Sensors
6 Global Advance Driver Assistance System Market, By Component
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Advance Driver Assistance System Market Share Analysis, By Component
6.3 Global Advance Driver Assistance System Market Size and Forecast, By Component
6.3.1 Software
6.3.2 Hardware
7 Global Advance Driver Assistance System Market, By Monitoring Type
7.1 Y-o-Y Growth Comparison, By Monitoring Type
7.2 Global Advance Driver Assistance System Market Share Analysis, By Monitoring Type
7.3 Global Advance Driver Assistance System Market Share Analysis, By Monitoring Type
7.3.1 Driver Alertness/Distraction Monitoring
7.3.2 Driver Fatigue Monitoring
7.3.3 Drunk Driving Monitoring
7.3.4 Identity Recognition
8 Global Advance Driver Assistance System Market, By Vehicle Type
8.1 Y-o-Y Growth Comparison, By Vehicle Type
8.2 Global Advance Driver Assistance System Market Share Analysis, By Vehicle Type
8.3 Global Advance Driver Assistance System Valve Market Size and Forecast, By Vehicle Type
8.3.1 Passenger Car
8.3.2 Heavy Commercial Vehicles
8.3.3 Light Commercial Vehicles
9 Global Advance Driver Assistance System Market, By Region
9.1 Global Advance Driver Assistance System Market Share Analysis, By Region
9.2 Global Advance Driver Assistance System Market Share Analysis, By Region
10 North America Advance Driver Assistance System Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Advance Driver Assistance System Market Share Analysis, By Material Component
10.3 North America Advance Driver Assistance System Market Size and Forecast, By Component
10.4 North America Advance Driver Assistance System Market Size and Forecast, By Monitoring Type
10.5 North America Advance Driver Assistance System Market Size and Forecast, By Vehicle Type
10.5 North America Advance Driver Assistance System Market Size and Forecast, By Country
10.5.1 U.S
10.5.1 Canada
10.5.3 Mexico
11 Europe Advance Driver Assistance System Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Advance Driver Assistance System Market Share Analysis, By Material Component
11.3 Europe Advance Driver Assistance System Market Size and Forecast, By Component
11.4 Europe Advance Driver Assistance System Market Size and Forecast, By Monitoring Type
11.5 Europe Advance Driver Assistance System Market Size and Forecast, By Vehicle Type
11.6 Europe Advance Driver Assistance System Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Advance Driver Assistance System Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Advance Driver Assistance System Market Size and Forecast, By Material Component
12.3 Asia Pacific Advance Driver Assistance System Market Size and Forecast, By Component
12.4 Asia Pacific Advance Driver Assistance System Market Size and Forecast, By Monitoring Type
12.5 Asia Pacific Advance Driver Assistance System Market Size and Forecast, By Vehicle Type
12.6 Asia Pacific Advance Driver Assistance System Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Advance Driver Assistance System Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Advance Driver Assistance System Market Size and Forecast, By Material Component
13.3 Latin America Advance Driver Assistance System Market Size and Forecast, By Component
13.4 Latin America Advance Driver Assistance System Market Size and Forecast, By Monitoring Type
13.5 Latin America Advance Driver Assistance System Market Size and Forecast, By Vehicle Type
13.6 Latin America Advance Driver Assistance System Market Size and Forecast, Country
13.6.1 Brazil
13.6.2. Rest of Latin America
14 Middle East Advance Driver Assistance System Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Advance Driver Assistance System Market Share Analysis, By Material Component
14.3 Middle East Advance Driver Assistance System Market Size and Forecast, By Component
14.4 Middle East Advance Driver Assistance System Market Size and Forecast, By Monitoring Type
14.5 Middle East Advance Driver Assistance System Market Size and Forecast, By Vehicle Type
14.6 Middle East Advance Driver Assistance System Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1. Robert Bosch
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2. Continental
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. Delphi
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4. Denso
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.5. Omron Corporation
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6. Valeo
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7. Aisin Seiki
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8. Magna
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9. Visteon Corporation
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10. Johnson Controls
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies