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.

For more information on companies in this article

Related Content

  • Driver monitoring systems ‘will use inward-looking camera-based technology’
    November 9, 2015
    New analysis from Frost & Sullivan, Original Equipment Manufacturer (OEM) Strategies for Driver Monitoring Systems in Europe, indicates that, as the loss of driver attention due to fatigue or drowsiness is a common cause of road accidents worldwide, there is a clear need for driver monitoring systems (DMSs) globally. DMSs can analyse driver behaviour or detect patterns tending towards micro-sleep to issue appropriate warnings and help revive the driver’s focus. Several original equipment manufacturers (O
  • ITS need not reinvent machine vision
    October 29, 2014
    Machine vision techniques hold the potential to solve a multitude of challenges facing the transportation sector Optical Character Recognition (OCR), the base technology for number plate recognition, has been in industrial use for more than three decades. It is a prime example of how, instead of having to start from scratch, the transportation sector can leverage and adapt the machine vision expertise already used in industry in order to provide robust solutions with new capabilities. “The real val
  • Does ADAS create as many problems as it solves
    September 23, 2014
    Victoria Banks and Neville Stanton [1] of Southampton University’s Transportation Research Group examine the real impact of creeping driver automation. Safety research suggests that 90% of accidents are thought to be a result of driver inattentiveness to unpredictable or incomplete information and the vision is that highly automated vehicles will lead to accident-free driving in the future.
  • Most Honda owners turn off lane departure warning, says IIHS
    March 8, 2016
    Owners of Hondas with crash avoidance features are much more likely to have forward collision warning turned on than lane departure warning, IIHS researchers found in a recent observational survey. The researchers observed vehicles brought in to Honda dealerships for service. They found that all but one of 184 models equipped with the two features had forward collision warning turned on, while only a third of vehicles had lane departure warning activated. IIHS says the findings are consistent with pre