Global Automotive Advanced Driver Assistance Systems (ADAS) and Park Assist Market - Industry Trends and Forecast to 2029

  • Automotive
  • Upcoming Report
  • Jan 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Automotive Advanced Driver Assistance Systems (ADAS) and Park Assist Market, By Component (Camera Unit, Lidar Sensor, Radar Sensor, Ultrasonic Sensor), Offering (Hardware, Software), Technology (Adaptive Cruise Control, Automatic High Beam Control, Autonomous Park Assist, Blind Spot Detection, Driver Monitoring, Forward Collision Warning, Front Lighting, AEB, Night Vision, Head Up Display, Lane Departure Warning, Park Assist, Surround View System, Traffic Sign Recognition, Tire Pressure Monitoring System), Vehicle Type (Buses, Light Commercial Vehicles (LCVS), Passenger Cars (PCS), Trucks), Electric Vehicle Type (Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV)), Distribution Channel (OEM, Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029

Automotive Advanced Driver Assistance Systems (ADAS) and Park Assist Market

Market Analysis and Insights Global Automotive Advanced Driver Assistance Systems (ADAS) and Park Assist Market

The automotive advanced driver assistance systems (ADAS) and park assist market is expected to witness market growth at a rate of 10.3% in the forecast period of 2022 to 2029. Data Bridge Market Research report on automotive advanced driver assistance systems (ADAS) and park assist market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand of the electric vehicles is escalating the growth of automotive advanced driver assistance systems (ADAS) and park assist market.

The advanced driver assistance systems (ADAS) is referred to cover a broad range of active and passive systems that are designed to help the driver by offering comfort, safety, efficiency while driving and also enhances the driver, passenger, and pedestrian security and safety.

Major factors that are expected to boost the growth of the automotive advanced driver assistance systems (ADAS) and park assist market in the forecast period are the rise in the awareness regarding the efficient, safe and convenient driving experience and growing regulations. Furthermore, the initiatives taken by the government with respect to vehicle safety is further anticipated to propel the growth of the automotive advanced driver assistance systems (ADAS) and park assist market. Moreover, the increase in the number of preferences for luxury cars is further estimated to cushion the growth of the automotive advanced driver assistance systems (ADAS) and park assist market. On the other hand, the dearth of required infrastructure in the developing economies is further projected to impede the growth of the automotive advanced driver assistance systems (ADAS) and park assist market in the timeline period.

In addition, the growing expenses for the development of advanced safety solutions will further provide potential opportunities for the growth of the automotive advanced driver assistance systems (ADAS) and park assist market in the coming years. However, the environmental restraints and security threats might further challenge the growth of the automotive advanced driver assistance systems (ADAS) and park assist market in the near future.

This automotive advanced driver assistance systems (ADAS) and park assist market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive advanced driver assistance systems (ADAS) and park assist market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

Global Automotive Advanced Driver Assistance Systems (ADAS) and Park Assist Market Scope and Market Size

The automotive advanced driver assistance systems (ADAS) and park assist market is segmented on the basis of component, offering, vehicle type and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. 

  • On the basis of component, the automotive advanced driver assistance systems (ADAS) and park assist market has been segmented into camera unit, LIDAR sensor, radar sensor and ultrasonic sensor.
  • On the basis of vehicle type, the automotive advanced driver assistance systems (ADAS) and park assist market has been segmented into buses, light commercial vehicles (LCVS), passenger cars (PCS) and trucks.
  • On the basis of offering, the automotive advanced driver assistance systems (ADAS) and park assist market has been segmented into hardware and software.
  • On the basis of distribution channel, the automotive advanced driver assistance systems (ADAS) and park assist market has been segmented into OEM and aftermarket.

Automotive Advanced Driver Assistance Systems (ADAS) and Park Assist Market Country Level Analysis

The automotive advanced driver assistance systems (ADAS) and park assist market is analyzed, and market size, volume information is provided by country, component, offering, vehicle type, and distribution channel as referenced above.       

The countries covered in the automotive advanced driver assistance systems (ADAS) and park assist market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

North America dominates the automotive advanced driver assistance systems (ADAS) and park assist market due to the rise in the demand for high safety features. Furthermore, the order of some of the key ADAS system installations in the vehicles including tire pressure monitoring system will further boost the growth of the automotive advanced driver assistance systems (ADAS) and park assist market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the automotive advanced driver assistance systems (ADAS) and park assist market due to the augmented automobile production. Moreover, the growing penetration of advanced driver assistance systems is further anticipated to propel the growth of the automotive advanced driver assistance systems (ADAS) and park assist market in the region in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Automotive Advanced Driver Assistance Systems (ADAS) and Park Assist Market Share Analysis

The automotive advanced driver assistance systems (ADAS) and park assist market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the automotive advanced driver assistance systems (ADAS) and park assist market.

Some of the major players operating in the automotive advanced driver assistance systems (ADAS) and park assist market are Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Aptiv., Intel Corporation, DENSO CORPORATION, HYUNDAI MOTOR GROUP, VALEO, Magna International Inc., SAMSUNG, NVIDIA Corporation, HELLA GmbH and Co. KGaA, Texas Instruments Incorporated., VOXX International Corp., BlackBerry Limited., WABCO, Infineon Technologies AG, Ficosa Internacional SA, AISIN SEIKI Co., Ltd., Hitachi Automotive Systems Americas, Inc., Renesas Electronics Corporation among others.

Customization Available : Global Automotive Advanced Driver Assistance Systems (ADAS) and Park Assist Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import-export and a grey area results data, literature review, consumer analysis, and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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