The global automotive ADAS (advanced driver assistance system) market share is estimated to gain a revenue of US$ 64,047.75 million in 2024. Our automotive domain experts opine that automotive ADAS providers can expect a promising CAGR of 12.7% through 2034, with a forecast valuation of US$ 2,11,710.80 million by 2034.
| Attribute | Details |
|---|---|
| Automotive ADAS (Advanced Driver Assistance System) Market Size, 2023 | US$ 56,830.30 million |
| Automotive ADAS (Advanced Driver Assistance System) Market Size, 2024 | US$ 64,047.75 million |
| Automotive ADAS (Advanced Driver Assistance System) Market Size, 2034 | US$ 2,11,710.80 million |
| Value CAGR (2024 to 2034) | 12.7% |
Top Trends Boosting the Adoption of Automotive ADAS
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
| Attributes | Details |
|---|---|
| Automotive ADAS Market Size (2023) | US$ 56,830.30 million |
The global automotive ADAS market is projected to scale from US$ 56,830.30 million in 2023 to US$ 2,11,710.80 million by 2034, registering a CAGR of 12.7% in the meanwhile. The following factors have been propelling the growth of automotive ADAS industry:
| Leading Technology | Ultrasonic Sensors |
|---|---|
| Market Share % (2024) | 25.1% |
As per the recent market estimates by FMI analysts, the ultrasonic sensors are projected to obtain a market share of 25.1% in 2024. The segment growth can be attributed to a rise in the demand for passenger vehicles, accelerating demand for ultrasonic sensors. Further, the adoption of these sensors is surging to facilitate complete vehicle surveillance.
| Leading Type | AEB |
|---|---|
| Market Share % (2024) | 56.3% |
The AEB segment is expected to account for a leading market share of 56.3% in 2024. Increasing demand for technology that helps reduce and prevent front-end collisions. National Highway Traffic Safety Administration (NHTSA) reported that in 2020, front-end collisions were estimated to be around 60% of all passenger vehicle fatalities in the United States. Therefore, AEB systems are increasingly used to lower the severity and frequency of these collisions as they automatically put brakes on if the system finds an imminent forward collision with another pedestrian, vehicle, or cyclist. Manufacturers are working on making AEB systems cost-effective and sophisticated to boost their accessibility to more customers.
Principal Consultant
| Country | China |
|---|---|
| Forecast CAGR % (2024 to 2034) | 13.5% |
As per the latest market research by FMI analysts, the ADAS market in China is predicted to expand at an impressive CAGR of 13.5% through 2034. The following factors are contributing to an increase in the sales of ADAS in China:
| Country | Germany |
|---|---|
| Forecast CAGR % (2024 to 2034) | 8.8% |
The ADAS market in Germany is anticipated to expand at a CAGR of 8.8% through 2034. Given below are the leading factors that are yielding growth in the ADAS market:
| Country | Spain |
|---|---|
| Forecast CAGR % (2024 to 2034) | 8.5% |
The Spain automotive ADAS market is projected to pace at a CAGR of 8.5% through 2034. Given below are the leading factors that are catalyzing the market growth:
| Country | Canada |
|---|---|
| Forecast CAGR % (2024 to 2034) | 9.7% |
The Canada automotive ADAS market is projected to expand at a promising CAGR of 9.7% through 2034. Key factors that are supporting the sales of automotive ADAS are as follows:
| Country | Japan |
|---|---|
| Forecast CAGR % (2024 to 2034) | 13.6% |
The Japan automotive ADAS market is forecast to expand at a robust CAGR of 13.6% through 2034. The following factors are catapulting the growth of automotive ADAS market in Japan:
Market players are utilizing AI, IoT, and ML to boost accuracy related to ADAS systems. Additionally, new changes are also being presented in the hardware architecture of ADAS to ascertain that high-quality microprocessors are employed for process efficiency. Further, key players are concentrating their efforts on condition monitoring of power transmission systems to offer digital condition monitoring of vehicle technology. Market participants are collaborating strategically with key players from other niches to create better-quality services.
Recent Developments in the Market
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Attribute | Details |
|---|---|
| Forecast Period | 2019 to 2023 |
| Historical Data Available for | 2024 to 2034 |
| Market Analysis | Units for Volume and US$ million for Value |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific Except Japan; The Middle East and Africa |
| Key Countries Covered | The United States, Canada, Brazil, Mexico, Germany, the United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
| Key Market Segments Covered | System, Battery Type, Technology, and Region |
| Key Companies Profiled | Robert Bosch GmbH; Continental AG; ZF Friedrichshafen AG; DENSO Corporation; Mobileye; Aptiv Plc; Veoneer Inc.; Autoliv Inc.; Valeo SA; Magna International; Aisin Seiki Co. Ltd.; Panasonic Corporation; Texas Instruments; NVIDIA Corporation; NXP Semiconductors NV; Renesas Electronics Corporation; Intel Corporation; Hitachi; Harman International Industries |
The automotive ADAS market is to be worth US$ 64,047.75 million in 2024.
The market is predicted to expand at a CAGR of 12.7% through 2034.
The market is anticipated to account for US$ 2,11,710.80 million by 2034.
China is predicted to provide high growth opportunities.
Ultrasonic sensors are significantly used in automotive ADAS.
1. Executive Summary
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. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) 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 System
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By System, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By System, 2023 to 2033
5.3.1. Standard
5.3.2. Folding
5.3.3. Self-Balancing
5.3.4. Maxi
5.3.5. Three-Wheeled
5.4. Y-o-Y Growth Trend Analysis By System, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By System, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Battery Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Battery Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Battery Type, 2023 to 2033
6.3.1. Li-ion
6.3.2. NiMH
6.3.3. Lead-Based
6.4. Y-o-Y Growth Trend Analysis By Battery Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Battery Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2023 to 2033
7.3.1. Plug-In
7.3.2. Battery
7.4. Y-o-Y Growth Trend Analysis By Technology, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Technology, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By System
9.2.3. By Battery Type
9.2.4. By Technology
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By System
9.3.3. By Battery Type
9.3.4. By Technology
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By System
10.2.3. By Battery Type
10.2.4. By Technology
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By System
10.3.3. By Battery Type
10.3.4. By Technology
10.4. Key Takeaways
11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By System
11.2.3. By Battery Type
11.2.4. By Technology
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By System
11.3.3. By Battery Type
11.3.4. By Technology
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By System
12.2.3. By Battery Type
12.2.4. By Technology
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By System
12.3.3. By Battery Type
12.3.4. By Technology
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By System
13.2.3. By Battery Type
13.2.4. By Technology
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By System
13.3.3. By Battery Type
13.3.4. By Technology
13.4. Key Takeaways
14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By System
14.2.3. By Battery Type
14.2.4. By Technology
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By System
14.3.3. By Battery Type
14.3.4. By Technology
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By System
15.2.3. By Battery Type
15.2.4. By Technology
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By System
15.3.3. By Battery Type
15.3.4. By Technology
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By System
16.1.2.2. By Battery Type
16.1.2.3. By Technology
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By System
16.2.2.2. By Battery Type
16.2.2.3. By Technology
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By System
16.3.2.2. By Battery Type
16.3.2.3. By Technology
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By System
16.4.2.2. By Battery Type
16.4.2.3. By Technology
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By System
16.5.2.2. By Battery Type
16.5.2.3. By Technology
16.6. UK
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By System
16.6.2.2. By Battery Type
16.6.2.3. By Technology
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By System
16.7.2.2. By Battery Type
16.7.2.3. By Technology
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By System
16.8.2.2. By Battery Type
16.8.2.3. By Technology
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By System
16.9.2.2. By Battery Type
16.9.2.3. By Technology
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By System
16.10.2.2. By Battery Type
16.10.2.3. By Technology
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By System
16.11.2.2. By Battery Type
16.11.2.3. By Technology
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By System
16.12.2.2. By Battery Type
16.12.2.3. By Technology
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By System
16.13.2.2. By Battery Type
16.13.2.3. By Technology
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By System
16.14.2.2. By Battery Type
16.14.2.3. By Technology
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By System
16.15.2.2. By Battery Type
16.15.2.3. By Technology
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By System
16.16.2.2. By Battery Type
16.16.2.3. By Technology
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By System
16.17.2.2. By Battery Type
16.17.2.3. By Technology
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By System
16.18.2.2. By Battery Type
16.18.2.3. By Technology
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By System
16.19.2.2. By Battery Type
16.19.2.3. By Technology
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By System
16.20.2.2. By Battery Type
16.20.2.3. By Technology
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By System
16.21.2.2. By Battery Type
16.21.2.3. By Technology
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2022
16.22.2.1. By System
16.22.2.2. By Battery Type
16.22.2.3. By Technology
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2022
16.23.2.1. By System
16.23.2.2. By Battery Type
16.23.2.3. By Technology
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By System
17.3.3. By Battery Type
17.3.4. By Technology
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Robert Bosch GmbH
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Continental AG
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. ZF Friedrichshafen AG
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. DENSO corporation
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Mobileye
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Aptiv Plc
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Veoneer Inc.
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Autoliv Inc.
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Valeo SA
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. Magna International
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Aisin Seiki Co. Ltd.
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
18.1.12. Panasonic Corporation
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.12.5.2. Product Strategy
18.1.12.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
Explore Automotive Insights
View Reports
Automotive ADAS (Advanced Driver Assistance Systems) Market
