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

  • April 13, 2016
    Public safety demand driving ITS market growth, says report
    The latest report from RnR Market Research indicates that one of the major factors positively impacting the intelligent transport systems market is the growing need for public safety as collision avoidance and dynamic warning systems are introduced to reduce the frequency of accidents by making users more aware of their surroundings. The analysts forecast global intelligent transport systems market to grow at a CAGR of 8.23 per cent during the period 2016-2020. The report, Global Intelligent Transport Sy
  • March 29, 2016
    Vehicle surveillance market accelerates
    A recently-released report from MarketsandMarkets indicates that the global vehicle surveillance market is expected to grow from US$49.93 billion in 2015 to US$103.21 billion by 2022, at a CAGR of 11.1 per cent between 2016 and 2022. Factors such as regulations in different countries for compulsory driver assistance or passenger safety products, the wide range of advantages of in-vehicle surveillance systems, increasing sales of premium cars and the increase in traffic fatalities demand greater traffic c
  • May 13, 2015
    Global ADAS market is expected to reach US$60.14 billion by 2020
    A new report from Allied Market Research, Global Advanced Driver Assistance Systems Market Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020 claims the global advanced driver assistance systems (ADAS) market will reach US$60.14 billion by 2020, registering a CAGR of 22.8 per cent during 2014-2020. According to the report, the deployment of sensors in vehicles has brought a massive transformation in the automotive industry by providing improved passenger experience and safet
  • March 12, 2014
    Global fleet management system market 2012-2016
    TechNavio's Global Fleet Management System Market 2012-2016 report forecasts that the fleet management system market will grow at a CAGR of 26.66 per cent over the period 2012 to 2016. One of the key factors contributing to this market growth is the expansion of fleet size of commercial vehicles. The global fleet management system market has also been witnessing an increasing number of in-vehicle technologies. However, the increasing operating cost of vehicles could pose a challenge to the growth of thi