The global ADAS calibration equipment market is set to reach around US$ 277.8 million in 2023. Over the next ten years, global ADAC calibration sales are likely to rise at 12.6% CAGR. By the end of 2033, the market valuation is forecast to cross US$ 911.2 million by 2033.
Advanced Driver Assistance Systems (ADAS) are becoming widely popular in the latest generation vehicles. rising demand for and preference for advanced safety measures. This is due to their ability to improve safety, reduce the chances of accidents, and provide comfort while driving.
Integration of ADAS in modern vehicles has brought the global ADAS calibration equipment industry into the spotlight. ADAS sensors need precise aiming for proper functioning. For this purpose, an ADAS calibration tool is used.
ADAS calibration equipment is systems or equipment used for precise physical alignment, testing, and electronic aiming of sensors that provide critical information to a vehicle's ADAS. This equipment allows users to confidently and reliably align/calibrate sensing devices in vehicles so that they function properly.
The global demand for ADAS has been rising with increased adoption from leading automobile manufacturers for steering, monitoring, braking, and warning applications. A few other factors propelling the ADAS calibration equipment demand are
As innovations in the auto industry towards autonomous driving continue to pick up the pace, accuracy in operations of ADAS systems has been gaining priority. This continues to elevate ADAS calibration equipment demand over the next ten years.
The rise in vehicle accidents worldwide supports market expansion. In recent years, there has been a sharp increase in road accidents across nations such as the USA. For instance, as per the National Highway Traffic Safety Administration (NHTSA), during the first 9 months of 2022, around 31,785 people died in traffic crashes. This is acting as a catalyst triggering ADAS calibration equipment sales.
Implementation of strict regulations by governments around the world towards road safety is likely to spur market development. Several governments and regulatory bodies are encouraging automotive manufacturers to integrate advanced driving assistance technologies in their vehicles. This in turn creates demand for ADAS calibration equipment.
A few of the more prominent technologies that require accurate calibration include adaptive control, ABS, lane departure warning, and autonomous braking. ADAS calibration is also critical for collision repair processes in the aftermarket.
While static calibration systems have been the standard for OEMS and service stations, these systems are limited in terms of vehicle types.
On the other hand, ADAS dynamic calibration, also known as mobile calibration, is conducted with handheld units plugged into the vehicles. It utilizes cameras and sensors for a wider parameter range of calibration operations to ensure that safety features meet performance requirements.
Attributes | Details |
---|---|
ADAS Calibration Equipment Market CAGR (2023 to 2033) | 12.6% |
ADAS Calibration Equipment Market Size (2023) | US$ 277.8 million |
ADAS Calibration Equipment Market Size (2033) | US$ 911.2 million |
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Global ADAS calibration equipment sales increased at a CAGR of 10.2% during the historical period. The total market size reached US$ 249.2 million at the end of 2022. Over the next ten years, ADAS calibration equipment demand is continuing to rise at 12.6% CAGR.
The robust growth of the automotive industry and the high adoption of advanced driving technologies are driving the global market forward.
ADAS calibration equipment has become crucial system for improving vehicle and passenger safety. This equipment helps in better alignment and testing of components that support the proper working of ADAS systems.
Implementation of Stringent Regulations to Boost ADAS Calibration Equipment Sales
The adoption of ADAS systems and the need for suitable ADAS calibration equipment is fueled in the forecast period by legislation that is similar to that in North American markets. Even though laws governing automotive technology take time to pass, recent initiatives have been successful in increasing the likelihood that ADAS systems and related calibration tools are used.
The demand for calibration tools has increased as more automakers add ADAS to their vehicles. The ADAS calibration tool market is expected to expand as a result of this trend.
For instance, the European Parliament recently passed legislation requiring that all new vehicles issued on the EU market beginning in 2022 be fitted with cutting-edge safety technologies, including ADAS capabilities.
Adoption of technologies such as speed assistance, tire pressure monitoring, data recorders, drowsiness warning systems, emergency stops, and driver distraction warnings boost the market.
Market Statistics | Details |
---|---|
Jan to Jun (H1), 2021 (A) | 10.2% |
Jul to Dec (H2), 2021 (A) | 10.6% |
Jan to Jun (H1), 2022 Projected (P) | 10.6% |
Jan to Jun (H1), 2022 Outlook (O) | 10.8% |
Jul to Dec (H2), 2022 Outlook (O) | 11.3% |
Jul to Dec (H2), 2022 Projected (P) | 11.2% |
Jan to Jun (H1), 2023 Projected (P) | 11.5% |
BPS Change: H1, 2022 (O) to H1, 2022 (P) | (+) 15 ↑ |
BPS Change: H1, 2022 (O) to H1, 2021 (A) | (+) 55 ↑ |
BPS Change: H2, 2022 (O) to H2, 2022 (P) | (+) 10 ↑ |
BPS Change: H2, 2022 (O) to H2, 2021 (A) | (+) 25 ↑ |
Limited functionality and high costs are the significant obstacles preventing ADAS system deployment. Besides this, lack of awareness about advanced driving technologies in several regions is influencing sales. Together, these factors are limiting expansion of the global ADAS calibration equipment industry.
Consequently, ADAS system developers are rapidly investing in camera-based systems, with tech improvements towards bolstering the efficacy of detection to that of lidar and radar.
Development of such functionality is likely to result in the dominance of the ADAS cameras calibration market, in combination with laser detection tools in the ADAS industry, owing to lower costs. These factors are expected to have a key impact on the development of the ADAS calibration equipment industry through 2033.
adoption of condition monitoring solutions at facilities.
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Country | United States |
---|---|
Market Share (2023) | 18.16% |
Market Share (2033) | 14.03% |
Country | China |
---|---|
Market Share (2023) | 10.80% |
Market Share (2033) | 10.82% |
Country | India |
---|---|
Market Share (2023) | 4.80% |
Market Share (2033) | 5.35% |
Country | Germany |
---|---|
Market Share (2023) | 7.00% |
Market Share (2033) | 6.39% |
Country | United Kingdom |
---|---|
Market Share (2023) | 3.42% |
Market Share (2033) | 3.78% |
Burgeoning Demand for Passenger Cars to Foster ADAS Calibration Equipment Sales in the USA
The USA is likely to dominate the North America ADAS calibration equipment market, which holds around 22.9% of the global market in 2023. Growing sales of automotive vehicles in the United States is the primary factor boosting the market.
As per the International Energy Agency, around 17 million cars were sold across the USA in 2019. This rise in vehicle production and sales is likely to continue to propel ADAS calibration demand.
The United States is home to several leading automotive manufacturers. These companies are constantly integrating advanced technologies in their vehicles. The increased use of new technologies, such as ADAS, IoT, and smart glass for HUD applications, has an impact on the USA ADAS calibration equipment industry.
Long-term market support has also come from the use of radar and LiDAR technologies by key tech companies, such as Qualcomm, Velodyne, and Quanergy.
Focus Towards Improving Passenger and Vehicle Safety Propelling Demand in Germany
Germany's ADAS calibration equipment sector is set to progress at a healthy pace over the next ten years. The country held 7.1% share in 2022 and expected to have a 7.0% share of the global market by the end of 2023. Rising focus on improving passenger and vehicle safety, and adoption of advanced technologies, are driving sales in Germany.
Europe, spearheaded by Germany, continues to remain one of the leading markets for ADAS calibration systems. According to the European Commission, ADAS systems involving electronic stability control and pedestrian protection are standardized under safety ratings. This is a key factor widening the scope of the ADAS market, and in turn, the ADAS calibration market within Europe.
Also, investments by automotive manufacturers toward the production of electric vehicles and favorable government policies are likely to fuel demand. As OEMs move towards autonomous driving, and consumers display greater demand for premium vehicles, demand for ADAS and calibration systems rise across Germany over the next ten years.
Integration of Advanced Driving Technologies into Vehicles Boosting Sales in the United Kingdom
ADAS calibration equipment demand across the United Kingdom is forecast to rise at a considerable CAGR of 13.1% through 2033. The United Kingdom sector is likely to account for 3.4% of the global market share in 2023, states FMI.
Integration of advanced technologies into automotive is a key factor driving ADAS calibration equipment sales in the United Kingdom.
Key European vehicle brands including Mercedes, Volkswagen, and Volvo have already taken steps to integrate ADAS as a standard part of their offerings. The United Kingdom, followed by Germany, are prominent spenders on interconnected cars. This continues to provide lucrative opportunities for ADAS calibration equipment manufacturers.
70% of ADAS Calibration Equipment Sales Come from Passenger Vehicles
ADAS calibration equipment is used for both passenger cars and commercial vehicles. Of these, demand for ADAS calibration equipment is set to remain high for passenger vehicles through 2033.
The passenger vehicles segment is forecast to hold 73.6% of the global share during the assessment period. This is due to rising demand for advanced functionalities, aimed towards greater automation of driving functions, especially for mid-range and premium car models.
Automotive OEMs to Reflect Increased Demand
ADAS calibration equipment is largely utilized by 3 segments of end users – automotive OEMs, service stations, and tier 1 suppliers. Automotive OEMs are likely to remain the leading consumer of ADAS calibration equipment during the assessment period, supported by the rising demand for premium vehicle models.
On the other hand, the service stations segment is reflecting a significant growth rate. It is expected to nearly equal automotive OEMs in terms of market share by the end of 2033. This is due to collaborations between market players and service stations to bolster sales revenue.
Leading companies are aiming at producing state-of-the-art ADAS calibration equipment products. Through mergers and acquisitions, the main companies are striving to increase their market shares.
The global market is expected to be valued at US$ 277.8 million in 2023.
From 2018 to 2022, the global market registered a CAGR of 10.2%.
The global market is expected to reach US$ 911.2 million in 2033.
The United Kingdom is estimated to soar at a CAGR of 13.1% until 2023.
Growing ADAS integration prompts heightened demand for calibration tools, driving expansion in the market.
1. Executive Summary | ADAS Calibration Equipment Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Vehicle Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Vehicle Type, 2023 to 2033
5.3.1. Passenger Vehicles
5.3.2. Commercial Vehicles
5.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Vehicle Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By End User, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User, 2023 to 2033
6.3.1. Automotive OEMs
6.3.2. Tier 1 Suppliers
6.3.3. Service Stations
6.4. Y-o-Y Growth Trend Analysis By End User, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. South Asia
7.3.5. East Asia
7.3.6. Oceania
7.3.7. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Vehicle Type
8.2.3. By End User
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Vehicle Type
8.3.3. By End User
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Vehicle Type
9.2.3. By End User
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Vehicle Type
9.3.3. By End User
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UNITED KINGDOM
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Vehicle Type
10.2.3. By End User
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Vehicle Type
10.3.3. By End User
10.4. Key Takeaways
11. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. India
11.2.1.2. Malaysia
11.2.1.3. Singapore
11.2.1.4. Thailand
11.2.1.5. Rest of South Asia
11.2.2. By Vehicle Type
11.2.3. By End User
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Vehicle Type
11.3.3. By End User
11.4. Key Takeaways
12. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Vehicle Type
12.2.3. By End User
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Vehicle Type
12.3.3. By End User
12.4. Key Takeaways
13. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. Australia
13.2.1.2. New Zealand
13.2.2. By Vehicle Type
13.2.3. By End User
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Vehicle Type
13.3.3. By End User
13.4. Key Takeaways
14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Vehicle Type
14.2.3. By End User
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Vehicle Type
14.3.3. By End User
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Vehicle Type
15.1.2.2. By End User
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Vehicle Type
15.2.2.2. By End User
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Vehicle Type
15.3.2.2. By End User
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Vehicle Type
15.4.2.2. By End User
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Vehicle Type
15.5.2.2. By End User
15.6. UNITED KINGDOM
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Vehicle Type
15.6.2.2. By End User
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Vehicle Type
15.7.2.2. By End User
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Vehicle Type
15.8.2.2. By End User
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Vehicle Type
15.9.2.2. By End User
15.10. India
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Vehicle Type
15.10.2.2. By End User
15.11. Malaysia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Vehicle Type
15.11.2.2. By End User
15.12. Singapore
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Vehicle Type
15.12.2.2. By End User
15.13. Thailand
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Vehicle Type
15.13.2.2. By End User
15.14. China
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Vehicle Type
15.14.2.2. By End User
15.15. Japan
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Vehicle Type
15.15.2.2. By End User
15.16. South Korea
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Vehicle Type
15.16.2.2. By End User
15.17. Australia
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Vehicle Type
15.17.2.2. By End User
15.18. New Zealand
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Vehicle Type
15.18.2.2. By End User
15.19. GCC Countries
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Vehicle Type
15.19.2.2. By End User
15.20. South Africa
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Vehicle Type
15.20.2.2. By End User
15.21. Israel
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Vehicle Type
15.21.2.2. By End User
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Vehicle Type
16.3.3. By End User
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Mahle GmbH
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Robert Bosch GmbH
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. The Burke Porter Group
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. HELLA GmbH & Co.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. Autel Intelligent Technology Corp., Ltd.
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. TEXA S.p.A
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. COJALI S.L.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. Launch Tech Co., Ltd.
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.9. Hofmann Megaplan GmbH
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.10. BorgWarner Inc.
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
Automotive
November 2023
REP-GB-10914
315 pages
Automotive
June 2023
REP-GB-283
224 pages
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