USD 37.6 billion
Report ID:
SQMIG45A2350 |
Region:
Global |
Published Date: March, 2025
Pages:
196
|Tables:
95
|Figures:
76
Global Advanced Driver Assistance Systems Market size was valued at USD 37.6 billion in 2023 and is poised to grow from USD 42.49 billion in 2024 to USD 112.95 billion by 2032, growing at a CAGR of 13.0% during the forecast period (2025-2032).
Advanced driver assistance systems include a variety of active and passive systems designed to help the driver achieve safety, comfort and efficiency while driving and enhance driver, passenger and pedestrian safety and security effectiveness. Emergency braking, parking assist, adaptive cruise control, and lane warning departure systems are just a few of the many systems included in ADAS Artificial intelligence (AI) has driven the automotive industry high. Moreover, increasing urbanization, spreading technology, improving standard of living and increasing disposable income are positively impacting the growth of this market.
According to the National Motor Vehicle Crash Cause Survey (NMVCCS), motor vehicle crashes in the U.S. are 1.5% and over 90% are driver error. ADAS helps reduce traffic crashes and accidents and increase the safety and security of vehicles, occupants and pedestrians. Additionally, governments in various regions are spending heavily on adopting advanced technologies, developing safety features and supporting autonomous vehicles worldwide and governments have made it mandatory for car manufacturers all vehicles will include advanced driver assistance systems. Advanced driver assistance systems include a variety of active and passive systems designed to help the driver achieve safety, comfort and efficiency while driving and enhance driver, passenger and pedestrian safety and security effectiveness. Emergency braking, parking assist, adaptive cruise control, and lane warning departure systems are just a few of the many systems included in ADAS Artificial intelligence (AI) that has driven the automotive industry. Moreover, increasing urbanization, spreading technology, improving standard of living and increasing disposable income are positively impacting the growth of this market.
Market snapshot - 2025-2032
Global Market Size
USD 37.6 billion
Largest Segment
Passenger cars
Fastest Growth
Light Commercial Vehicles
Growth Rate
13.0% CAGR
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Global Advanced Driver Assistance Systems Market is segmented by Component, Vehicle type, Autonomy, System Type, Electric Vehicle Type and region. Based on Component, the market is segmented into Processor, Hardware, Sensors, Software and Others. Based on Vehicle type, the market is segmented into Passenger cars, Light commercial vehicles, Buses and Trucks. Based on Autonomy, the market is segmented into L1, L2, L3, L4 and L5. Based on System Type, the market is segmented into 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 and Traffic Jam Assist. Based on Electric Vehicle Type, the market is segmented into Battery Electric Vehicles, Fuel Cell Electric Vehicles, Hybrid Electric Vehicles and Plug-in Hybrid Electric Vehicles. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The radar sensors segment dominates the market and are used in a wide variety of systems, including emergency assist braking and lane-change systems. It is also expected to be the fastest growing segment during the forecast period. Furthermore, increasing number of accidents and increasing safety awareness are the major factors driving the market growth, driving the demand for radar sensors in the US, China and key European countries.
The sensor segment is expected to show significant growth in this market. Both ADAS and automated driving tasks require continuous data transmission from the surrounding vehicle provided by sensors. Sensors detect everything from the visible to the invisible or invisible. Multiple sensors embedded in different parts of the vehicle help ADAS to manage more accurately and faster. Semiconductors offer highly sophisticated ICs that integrate sensor signal chains to condition and process information. For example, automotive system manufacturers have products that integrate data from tire pressure sensors, vehicle speed sensors, electronic stability control and anti-lock braking systems to demonstrate reduced tire-road friction.
Autonomous emergency braking (AEB) is the dominating segment and held the largest market share in 2022. The system is responsible for autonomously activating the brakes and slowing or stopping the vehicle before a collision to avoid collision. Lane departure warning system first in the world all markets. This system helps the driver by keeping the vehicle in place on the road.
The adaptive cruise control segment holds the third most global advanced driver assistance systems market share. The high penetration of ADAS in a wide range of vehicles and its widespread use are critical factors for its dominance in the global market. The parking assistant system detects the surroundings of the vehicle and helps the driver park the vehicle. The wide range of products and strategies offered by OEMs drives the growth of the global market during the forecast period.
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North America holds the largest market share of 32.9% by 2022. The growth in this region was driven by technological advancements in the automotive industry, key players in this sector and also, the adoption of new technologies size and improving economic conditions. In this region, increasing mortality rates in countries such as Canada and USA and increasing sales of premium cars are also driving the market growth.
Asia-Pacific region is expected to hold the largest market share due to high auto sales and production and significant increase in the adoption of electric vehicles in China and Japan Automotive OEMs in emerging economies such as China, India, and etc. plans to expand their product development, lawmakers are eager to mandate the use of ADAS features in new vehicles. For example, India's Union Minister Nitin Gadkari recently announced that India is planning to introduce adaptive cruise control in all vehicles that will be presented at the 2022 SIAM Annual Meeting.
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Rise in the Development of In-vehicle HMI Design
Stringent Government Regulations on Passenger Safety and Increased Consumer Demand
High Initial Costs Can Hamper Market Growth
Complexity and Reliability Concerns
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Stringent safety regulations imposed by government agencies worldwide are driving the adoption of ADAS technologies in vehicles. In addition, increased consumer awareness of safety concerns and desire for enhanced driving experiences are fueling the demand for advanced safety features. ADAS technology forms the foundation for autonomous driving systems, enabling vehicles to sense and interpret their surroundings. As the automotive industry evolves toward autonomous vehicles, the integration of ADAS technology will play a key role in enabling high-performance vehicles. North America and Europe currently lead the global market, driven by the presence of leading automotive manufacturers, stringent safety regulations and increased consumer awareness. Asia Pacific will grow the fastest, due to increasing vehicle sales and rising safety concerns in emerging economies. The market is highly competitive, with major players such as Bosch GmbH, Continental AG, Aptiv PLC, ZF Friedrichshafen AG, and others. These companies are investing in research and development to introduce new ADAS solutions and strengthen their market presence. Despite the best intentions, there are challenges such as cybersecurity threats, performance issues, and high levels of usability.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 37.6 billion |
Market size value in 2032 | USD 112.95 billion |
Growth Rate | 13.0% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Advanced Driver Assistance Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Advanced Driver Assistance Systems Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Advanced Driver Assistance Systems Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Advanced Driver Assistance Systems Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
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Advanced Driver Assistance Systems Market size was valued at USD 43,685.8 Million in 2023 and is poised to grow from USD 49233.9 Million in 2024 to USD 150345.07 Million by 2032, growing at a CAGR of 12.7% during the forecast period (2025-2032).
The competitive environment of the Global Advanced Driver Assistance Systems Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options. 'Autoliv Inc.', 'Continental AG', 'DENSO Corporation', 'Magna International Inc.', 'ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH)', 'Valeo', 'NXP Semiconductors', 'Panasonic Corporation', 'Renesas Electronics Corporation', 'Texas Instruments', 'Delphi Automotive Company', 'Hyundai Mobis', 'Takata Corporation', 'ZF Friedrichshafen', 'Aisin Seiki Co., Ltd.', 'Mobileye N.V', 'Harman International Industries', 'NVIDIA Corporation', 'Hitachi Ltd.', 'Stonkam Co., Ltd.'
The growth of the market ultimately depends on having a non-distraction interaction with the driver. Advanced vision systems, sensors, advances in touchscreen technology and communication systems help facilitate communication with drivers and passengers when parked but it appears that improvements in vehicle design between human and machine interface (HMI) to enhance the driving experience is the most promising feature. Driver interface systems allow drivers to use contactless HMIs without having to leave the steering wheel. Sound-powered advanced driver tracking systems that use eye-tracking technology are some contactless HMI systems that replace touch-based interfaces for example, Texas Instruments' Digital Light Processing (DLP) chips Head-up Imaging devices with Displays (HUD) project images with high contrast. This helps drivers stay focused on the road. ADAS has the capabilities and features needed to streamline the driving process and reduce accident rates thanks to rapid advances in sensors, HMI technology, communications and infrastructure.
Increasing Integration of AI and Ml Algorithms: The increasing integration of AI and ML algorithms into ADAS represents a major market shift. This technology improves the accuracy and efficiency of ADAS features, enabling more intelligent and autonomous driving. For example, in September 2023, the BMW Group selected AWS as its cloud provider of choice for its autonomous driving platform. The BMW Group intends to use the AWS solution to develop its own ADAS and add new features to its upcoming "Neue Klasse" vehicles. Leveraging BMW's existing cloud data hub on AWS, the new cloud-based system will leverage AWS computing, generative AI, Internet of Things (IoT), ML, and storage capabilities to run BMW vehicles rapidly maximizes itself.
North America holds the largest market share of 32.9% by 2022. The growth in this region was driven by technological advancements in the automotive industry, key players in this sector and also, the adoption of new technologies size and improving economic conditions. In this region, increasing mortality rates in countries such as Canada and USA and increasing sales of premium cars are also driving the market growth.
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