Global Advanced Driver-Assistance Systems (ADAS) Market Size, Trends and Growth Opportunity, By System (Adaptive Cruise Control, Adaptive Front Light, Automatic Emergency Braking, Blind Spot Detection, Cross Traffic Alert, Driver Monitoring System, Forward Collision Warning, Intelligent Park Assist, Lane Departure Warning, Night Vision System, Pedestrian Detection System, Road Sign Recognition, Tire Pressure Monitoring System, Traffic Jam Assist), By Component (Camera Unit, Lidar Sensor, Radar Sensor, Ultrasonic Sensor), By Offering (Hardware, Software), Vehicle Type (Buses, Light Commercial Vehicles, Passenger Cars, Trucks), By Electric Vehicle Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle), By Propulsion (Electric, Petrol, Diesel), By Region and Forecast Till 2027.
Global Advanced Driver-Assistance Systems (ADAS) Market
The Global Advanced Driver-Assistance Systems (ADAS) Market was valued at USD 36.80 Billion in 2021 and is slated to reach at USD 97.09 Billion by 2027 at a CAGR of 18.70 % from 2022-2027.
Advanced Driver Assistance Systems, often known as ADAS (Advanced Driver Assistance Systems), are both passive and active safety technologies created to lessen human mistake when driving various types of automobiles. ADAS systems use cutting-edge technologies to aid drivers and enhance driving performance. ADAS uses a range of sensor technologies to understand the surroundings of the car and either inform the driver or take the necessary action. Vehicles used in farming, construction, and the military increasingly use ADAS systems, as well as cars, trucks, and buses.
Market Drivers
The demand for advanced driver assistance is anticipated to rise as automakers worldwide create more vehicles that adhere to stricter safety standards. Automakers are developing enhanced driver assistance systems in response to the growing use of artificial intelligence (AI) and the internet of things (IoT) in vehicles. The stringent laws and regulations governing car safety standards are expected to enhance the demand for advanced driver assistance systems globally.
Market Restraints
ADAS technology is expensive to develop and implement, which can make it difficult for some consumers to afford. This can limit the market size and adoption of the technology. While ADAS technology is designed to improve safety, there are concerns about the potential for the technology to fail or cause accidents. This can lead to reluctance among consumers to adopt the technology, particularly if they do not trust its reliability.
Impact of COVID-19 on Global Advanced Driver-Assistance Systems (ADAS) Market
The pandemic has disrupted supply chains, causing delays in the production and delivery of ADAS components. This has led to shortages and increased prices of some components, which has slowed down the growth of the market. The economic impact of the pandemic has reduced consumer demand for new cars, which has in turn reduced the demand for ADAS systems. This has slowed down the growth of the market, as car manufacturers have reduced their production and investment in ADAS technology. On the other hand, the pandemic has increased the focus on safety in the automotive industry. This has led to a greater interest in ADAS systems, as they can help to reduce accidents and improve safety on the roads.
Recent Developments
In July 2021, Magna International Inc. announced its acquisition of Veoneer, a company that specializes in automotive safety technology, with the aim of expanding and enhancing its existing ADAS portfolio and overall position within the industry. The acquisition is expected to help Magna International Inc. strengthen its offerings in the ADAS market and further establish its position as a leader in the industry.
Market Segmentation
Global Advanced Driver-Assistance Systems (ADAS) Market is segmented into system, component, offering, vehicle type, electric vehicle type, propulsion. By system such as adaptive cruise control, adaptive front light, automatic emergency braking, blind spot detection, cross traffic alert, driver monitoring system, forward collision warning, intelligent park assist, lane departure warning, night vision system, pedestrian detection system, road sign recognition, tire pressure monitoring system, traffic jam assist. By component such as camera unit, lidar sensor, radar sensor, ultrasonic sensor. By offering such as hardware, software. By vehicle type such as buses, light commercial vehicles, passenger cars, trucks. By electric vehicle type such as battery electric vehicle, fuel cell electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle. By propulsion such as electric, petrol, diesel.
Regional Analysis
Global Advanced Driver-Assistance Systems (ADAS) Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. With more than 20.17 million passenger cars sold in 2020 in China, one of the major automotive marketplaces in the world, that number represents a 5.89% year-over-year drop from 2019. China continues to be one of the top auto markets despite the pandemic, which presents a fantastic chance for predictive technology to take root in the Chinese auto industry. The Chinese government is putting a lot of emphasis on electric mobility and cutting-edge auto technologies, like ADAS features. Due to increased R&D spending, North America now dominates the advanced driver-assistance systems (ADAS) market and will do so during the projection period.
Key Players
This report includes a list of numerous key players, namely Aptiv (U.S.), Lear Corporation (U.S.), DENSO CORPORATION (Japan), Texas Instruments Incorporated (U.S.), Renesas Electronics Corporation (Japan), HELLA GmbH & Co. KG. (Germany), Visteon Corporation (U.S.), ST Microelectronics (Switzerland), Infineon Technologies AG (Germany), Mitsubishi Electric Corporation (Japan).
Market Taxonomy  
By System
• Adaptive Cruise Control
• Adaptive Front Light
• Automatic Emergency Braking
• Blind Spot Detection
• Cross Traffic Alert
• Driver Monitoring System
• Forward Collision Warning
• Intelligent Park Assist
• Lane Departure Warning
• Night Vision System
• Pedestrian Detection System
• Road Sign Recognition
• Tire Pressure Monitoring System
• Traffic Jam Assist
By Component
• Camera Unit
• Lidar Sensor
• Radar Sensor
• Ultrasonic Sensor
By Offering
• Hardware
• Software
By Vehicle type
• Buses
• Light Commercial Vehicles
• Passenger Cars
• Trucks
By Electric Vehicle Type
• Battery Electric Vehicle
• Fuel Cell Electric Vehicle
• Hybrid Electric Vehicle
• Plug-In Hybrid Electric Vehicle
By Propulsion
• Diesel
• Electric Vehicle
• Petrol
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
 

Global Advanced Driver-Assistance Systems (ADAS) Market
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 Advanced Driver-Assistance Systems (ADAS) 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 Advanced Driver-Assistance Systems (ADAS) Market, By System
5.1 Y-o-Y Growth Comparison, By System
5.2 Global Advanced Driver-Assistance Systems (ADAS) Market Share Analysis, By System
5.3 Global Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By System
5.3.1 Adaptive Cruise Control
5.3.2 Adaptive Front Light
5.3.3 Automatic Emergency Braking
5.3.4 Blind Spot Detection
5.3.5 Cross Traffic Alert
5.3.6 Driver Monitoring System
5.3.7 Forward Collision Warning
5.3.8 Intelligent Park Assist
5.3.9 Lane Departure Warning
5.3.10 Night Vision System
5.3.11 Pedestrian Detection System
5.3.12 Road Sign Recognition
5.3.13 Tire Pressure Monitoring System
5.3.14 Traffic Jam Assist
6 Global Advanced Driver-Assistance Systems (ADAS) Market, By Component
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Advanced Driver-Assistance Systems (ADAS) Market Share Analysis, By Component
6.3 Global Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Component
6.3.1 Camera Unit
6.3.2 Lidar Sensor
6.3.3 Radar Sensor
6.3.4 Ultrasonic Sensor
7 Global Advanced Driver-Assistance Systems (ADAS) Market, By Offering
7.1 Y-o-Y Growth Comparison, By Offering
7.2 Global Advanced Driver-Assistance Systems (ADAS) Market Share Analysis, By Offering
7.3 Global Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Offering
7.3.1 Hardware
7.3.2 Software
8 Global Advanced Driver-Assistance Systems (ADAS) Market, By Vehicle type
8.1 Y-o-Y Growth Comparison, By Vehicle type
8.2 Global Advanced Driver-Assistance Systems (ADAS) Market Share Analysis, By Vehicle type
8.3 Global Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Vehicle type
8.3.1 Buses
8.3.2 Light Commercial Vehicles
8.3.3 Passenger Cars
8.3.4 Trucks
9 Global Advanced Driver-Assistance Systems (ADAS) Market, By Electric Vehicle Type
9.1 Y-o-Y Growth Comparison, By Electric Vehicle Type
9.2 Global Advanced Driver-Assistance Systems (ADAS) Market Share Analysis, By Electric Vehicle Type
9.3 Global Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Electric Vehicle Type
9.3.1 Battery Electric Vehicle
9.3.2 Fuel Cell Electric Vehicle
9.3.3 Hybrid Electric Vehicle
9.3.4 Plug-In Hybrid Electric Vehicle
10 Global Advanced Driver-Assistance Systems (ADAS) Market, By Propulsion
10.1 Y-o-Y Growth Comparison, By Propulsion
10.2 Global Advanced Driver-Assistance Systems (ADAS) Market Share Analysis, By Propulsion
10.3 Global Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Propulsion
10.3.1 Diesel
10.3.2 Electric Vehicle
10.3.3 Petrol
11Global Advanced Driver-Assistance Systems (ADAS) Market, By Region
11.1 Global Advanced Driver-Assistance Systems (ADAS) Market Share Analysis, By Region
11.2 Global Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Region
12 North America Advanced Driver-Assistance Systems (ADAS) Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 North America Advanced Driver-Assistance Systems (ADAS) Market Share Analysis, By System
12.3 North America Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Component
12.4 North America Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Offering
12.5 North America Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Vehicle type
12.6 North America Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Electric Vehicle Type
12.7 North America Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Propulsion Type
12.8 North America Advanced Driver-Assistance Systems (ADAS) Market Size and Forecast, By Country
12.8.1 U.S.
12.8.2 Canada
12.8.3 Mexico
13 Europe Advanced Driver-Assistance Systems (ADAS) Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Europe Advanced Driver-Assistance Systems (ADAS) Market, Share Analysis, By System
13.3 Europe Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Component
13.4 Europe Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Vehicle type
13.5 Europe Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Offering
13.6 Europe Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Electric Vehicle Type
13.7 Europe Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Propulsion
13.8 Europe Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Country
13.8.1 Germany
13.8.2 France
13.8.3 UK
13.8.4. Rest of Europe
14Asia Pacific Advanced Driver-Assistance Systems (ADAS) Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Asia Pacific Advanced Driver-Assistance Systems (ADAS) Market, Share Analysis, By System
14.3 Asia Pacific Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Component
14.4 Asia Pacific Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Vehicle type
14.5 Asia Pacific Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Offering
14.6 Asia Pacific Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Electric Vehicle Type
14.7Asia Pacific Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Propulsion
14.8 Asia Pacific Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Country
14.8.1 China 
14.8.2 Japan
14.8.3 India
14.8.4. Rest of Asia Pacific
15Latin America Advanced Driver-Assistance Systems (ADAS) Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Latin America Advanced Driver-Assistance Systems (ADAS) Market, Share Analysis, By System
15.3 Latin America Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Component
15.4 Latin America Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Vehicle type
15.5 Latin America Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Offering
15.6 Latin America Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Electric Vehicle Type
15.7 Latin America Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Propulsion 15.8 Latin America Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, Country
15.8.1. Brazil
15.8.2.Rest of Latin America
16Middle East Advanced Driver-Assistance Systems (ADAS) Market Analysis and Forecast (2022-2027)
16.1 Introduction
16.2 Middle East Advanced Driver-Assistance Systems (ADAS) Market, Share Analysis, By System
16.3 Middle East Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Component
16.4 Middle East Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Vehicle type
16.5 Middle East Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Offering
16.6 Middle East Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Electric Vehicle Type
16.7 Middle East Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Propulsion
16.8 Middle East Advanced Driver-Assistance Systems (ADAS) Market, Size and Forecast, By Country
16.8.1. Saudi Arabia
16.8.2. UAE
16.8.3. Egypt
16.8.4. Kuwait
16.8.5. South Africa
17Competitive Analysis
17.1 Competition Dashboard
17.2 Market share Analysis of Top Vendors
17.3 Key Development Strategies
18 Company Profiles
18.1 Aptiv (U.S.)
18.1.1 Overview
18.1.2 Offerings
18.1.3 Key Financials
18.1.4 Business Segment & Geographic Overview
18.1.5 Key Market Developments
18.1.6 Key Strategies
18.2 Lear Corporation (U.S.)
18.2.1 Overview
18.2.2 Offerings
18.2.3 Key Financials
18.2.4 Business Segment & Geographic Overview
18.2.5 Key Market Developments
18.2.6 Key Strategies
18.3 DENSO CORPORATION (Japan)
18.3.1 Overview
18.3.2 Offerings
18.3.3 Key Financials
18.3.4 Business Segment & Geographic Overview
18.3.5 Key Market Developments
18.3.6 Key Strategies
18.4 Texas Instruments Incorporated (U.S.)
18.4.1 Overview
18.4.2 Offerings
18.4.3 Key Financials
18.4.4 Business Segment & Geographic Overview
18.4.5 Key Market Developments
18.4.6 Key Strategies
18.5 Renesas Electronics Corporation (Japan)
18.5.1 Overview
18.5.2 Offerings
18.5.3 Key Financials
18.5.4 Business Segment & Geographic Overview
18.5.5 Key Market Developments
18.5.6 Key Strategies
18.6 HELLA GmbH & Co. KG. (Germany)
18.6.1 Overview
18.6.2 Offerings
18.6.3 Key Financials
18.6.4 Business Segment & Geographic Overview
18.6.5 Key Market Developments
18.6.6 Key Strategies
18.7 Visteon Corporation (U.S.)
18.7.1 Overview
18.7.2 Offerings
18.7.3 Key Financials
18.7.4 Business Segment & Geographic Overview
18.7.5 Key Market Developments
18.7.6 Key Strategies 
18.8 ST Microelectronics (Switzerland)
18.8.1 Overview
18.8.2 Offerings
18.8.3 Key Financials
18.8.4 Business Segment & Geographic Overview
18.8.5 Key Market Developments
18.8.6 Key Strategies
18.9 Infineon Technologies AG (Germany)
18.9.1 Overview
18.9.2 Offerings
18.9.3 Key Financials
18.9.4 Business Segment & Geographic Overview
18.9.5 Key Market Developments
18.9.6 Key Strategies
18.10 Mitsubishi Electric Corporation (Japan)
18.10.1 Overview
18.10.2 Offerings
18.10.3 Key Financials
18.10.4 Business Segment & Geographic Overview
18.10.5 Key Market Developments
18.10.6 Key Strategies