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

  • September 9, 2015
    Global commercial telematics market ‘worth US$47.58 billion by 2020’
    According to research company MarketsandMarkets, the market for commercial telematics is expected to grow from US$20.02 billion in 2015 to US$47.58 billion by 2020. In terms of regions, Europe is expected to be the largest market in terms of market size, while Middle East & Africa and Asia-Pacific (APAC) are expected to experience an increase in market traction, during the forecast period. Latin America is expected to experience a high growth rate and adoption trend in this market.
  • August 20, 2015
    North America intelligent transport systems (ITS) Market 2015-2019
    Research and Markets’ latest report, Intelligent Transport Systems (ITS) Market in North America 2015-2019, expects the ITS market in North America to grow at a CAGR of 6.49 per cent in terms of revenue during 2014-2019. The report covers the present scenario and the growth prospects of the ITS market in North America for the period 2015-2019. The market covered in the report includes roadway transportation only. To calculate the market size, the report considers revenue generated from the sales of ITS p
  • June 15, 2016
    Vehicle intelligence systems market ‘worth US$20.11 billion’
    The latest research by MarketsandMarkets, Vehicle Intelligence Systems Market by Road Scene Understanding, Advanced Driver Assistance & Monitoring, predicts that the global market for vehicle intelligence systems will grow at a CAGR of 12.24%, from US$11.29 Billion in 2016 to US$20.11 Billion by 2021. Given the increasingly stringent safety norms, automotive OEMs are focusing on enhancing the safety of vehicles. To ensure the safety of the driver, passengers, and pedestrians, the vehicle needs to be inte
  • October 5, 2015
    New report sheds light on the road safety market
    MarketsandMarkets’ latest report, 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) claims that major driving factors responsible for the growth of the market are the constant need for road safety and public security, new infrastructural development, and traffic congestion and longer commuting. The significa