Skip to main content

Global ADAS market forecast

The latest research report by RnRMarketResearch forecasts the global ADAS market to grow at 24.97 per cent CAGR to 2019 and segments the market into seven categories: tyre pressure monitoring system (TPMS), park assistance system (PAS), adaptive cruise control (ACC), blind spot detection (BSD), night vision system (NVS), lane departure warning system (LDWS) and others (including adaptive front lighting, drowsiness monitor, forward collision warning, head-up display, and driver monitoring systems). The r
June 23, 2015 Read time: 2 mins
The latest research report by RnRMarketResearch forecasts the global ADAS market to grow at 24.97 per cent CAGR to 2019 and segments the market into seven categories: tyre pressure monitoring system (TPMS), park assistance system (PAS), adaptive cruise control (ACC), blind spot detection (BSD), night vision system (NVS), lane departure warning system (LDWS) and others (including adaptive front lighting, drowsiness monitor, forward collision warning, head-up display, and driver monitoring systems).

The report, Global ADAS Market 2015-2019, covers Europe, North America, the APAC region and the ROW; it also covers the Global ADAS market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Increased demand from the developing countries for night vision systems and blind spot detection in vehicles is one of the key trends being observed in this market. Improved economic conditions in these countries, growing safety concerns among consumers, and increased road accidents as a result of poor visibility at night, while changing lanes, or merging with traffic have increased the demand for ADAS.

ADAS manufacturers such as 260 Continental, Robert 311 Bosch, and 4171 Autoliv are collaborating with OEMs to develop and manufacture low-cost ADAS for low-cost and compact vehicles. A consistent increase in the demand for compact and mid-sized vehicles equipped with advanced safety features in emerging markets such as India and China is also expected to propel the growth of the market during the forecast period.

To define the market conditions in the next 3-4 years, analysts for this report titled Global ADAS Market 2015-2019 have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

Related Content

  • November 21, 2013
    Autonomous vehicles, the pros and cons
    Driver interface and human factors could provide the biggest obstacles to autonomous vehicles as Jon Masters discovers.
  • March 26, 2015
    Global road safety market expected to reach US$5.73 billion by 2019
    The latest report by Marketsandmarkets, "Road Safety Market by Types (Highways and Bridges Safety, Urban Roads Safety and Tunnels Safety) & Systems (Red Light Enforcement, Speed Limit Enforcement, Bus Lane Enforcement, Communication, Incident Detection) - Worldwide Market Forecast (2014-2019)", indicates that the road safety market is expected to grow from US$3.37 billion in 2014 to US$5.73 billion in 2019, at a compound annual growth rate (CAGR) of 11.2 per cent from 2014 to 2019. In terms of regions,
  • October 14, 2016
    Europe ‘accounted for largest share in global TCMS market in 2015’
    According to the latest research by P&S Market Research, the global train control and management system (TCMS) market was valued at US$2,031.6 million in 2015, and it is expected to grow at a CAGR of 8.2 per cent during 2016-2022. Researchers indicate that increasing population and urbanisation, growing demand for safe and comfortable rapid transit solutions in developed as well as developing regions, and stringent emission control norms are expected to drive the demand for TCMS over the forecast period.
  • January 13, 2016
    Traffic management market ‘worth US$17.64 billion 2020’
    According to a new market research report published by MarketsandMarkets, the traffic management market is predicted to grow from US$4.12 billion in 2015 to US$17.64 billion by 2020, at a compound annual growth rate (CAGR) of 33.8 per cent during the forecast period. Increasing environmental concerns, rapid urbanisation and population explosion, together with demand for real-time information are the main drivers driving the growth of the market. The increasing need to access real-time information capture