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Research and Markets - Global Advanced Driver Assistance System (ADAS) Market 2016-2021 with Continental, Denso, Delphi Automotive, Robert Bosch & Autoliv Dominating the $42 Billion Market

DUBLIN, June 2, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Advanced Driver Assistance System (ADAS) Market by Type, Sensor Technology, Vehicle Type, & by Region - Forecast to 2021" report to their offering.

The advanced driver assistance system (ADAS) market is projected to grow at a CAGR of 10.44% during the forecast period, to reach USD 42.40 Billion by 2021.

Growing concerns pertaining to vehicle, driver, passenger, and pedestrian safety have fueled the growth of the global ADAS market.

The global market for adaptive cruise control is estimated to grow at the highest CAGR from 2016 to 2021, owing to the proven benefits of the system in terms of vehicle safety. The National Transport Safety Board, U.S. included adaptive cruise control in its list of ten most-wanted safety improvements in 2013. The European parliament is also planning to make adaptive cruise control a mandate in the next few years. These regulations are estimated to drive the growth of the adaptive cruise control market during the forecast period.

The radar sensor segment is estimated to lead the ADAS market, by sensor technology, from 2016 to 2021. The high demand for radar sensors can be attributed to the advantages offered by these sensors in various vehicle applications. Radar sensors are used in adaptive cruise control, emergency braking, and collision avoidance systems, among others. The market for these technologies is set to witness considerable growth, and regulatory bodies in Europe and North America are planning to mandate some of the technologies. This will likely drive the demand for radar sensors.

North America is estimated to be the largest market for ADAS during the forecast period. This is mainly credited to the presence of the U.S., which is the second-largest vehicle manufacturer in the world. Furthermore, the technology adoption rate in the region is relatively high. North America has some of the most stringent vehicle safety regulations in the world; these are expected boost the market for ADAS technologies.

Advanced Driver Assistance System Market

Key factors restraining the growth of the ADAS market include the high cost of these systems and their complex nature. The systems incorporate several electronic components that bring about architectural changes in the vehicle, which eventually increases the complexity and cost of the system.

The global ADAS market is dominated by major ADAS manufacturers such as Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Robert Bosch GmbH (Germany), and Autoliv Inc. (Sweden). These companies have been focusing on developing new products and forming partnerships and collaborations with key organizations to expand their presence in the global ADAS market. Continental AG is currently the market leader, and has adopted partnerships and collaborations as its key strategy to gain traction in the market.

For instance, it entered into a strategic collaboration agreement with China Automotive Technology & Research Center (CATARC) to work closely in areas such as automotive security. It also acquired Advanced Scientific Concepts Inc. (U.S.) for its leading Hi-Res 3D Flash LIDAR technology, to diversify its ADAS product portfolio.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1 Introduction

5.2 Market Segmentation

5.2.1 Advanced Driver Assistance System Market, By Technology

5.2.2 Advanced Driver Assistance System Market, By Sensor Technology

5.2.3 Advanced Driver Assistance System Market, By Vehicle Type

5.2.4 Advanced Driver Assistance System Market, By Region

5.3 Market Dynamics

5.3.1 Drivers

5.3.1.1 Growing Concerns & Government Regulations Pertaining to Vehicle Safety

5.3.1.2 Increased Demand for Premium Vehicles

5.3.2 Restraints

5.3.2.1 Complex & Expensive Features

5.3.3 Opportunities

5.3.3.1 Growing Trend of Autonomous Cars

5.3.3.2 Low Penetration in Developing Markets

5.3.4 Challenges

5.3.4.1 Security Threats

5.3.4.2 Maintaining the Balance Between Cost & Quality

5.4 Porter's Five Forces Analysis

5.4.1 Competitive Rivalry

5.4.2 Threat of Substitutes

5.4.3 Bargaining Power of Buyers

5.4.4 Bargaining Power of Suppliers

5.4.5 Threat of New Entrants

5.5 Supply Chain Analysis

6 Technology Overview

6.1 Introduction

6.2 Technological Evolution of Advanced Driver Assistance Systems

6.3 Legislative Trends in Advanced Driver Assistance System Implementation

6.4 Cyber Security Issues Associated With Advanced Driver Assistance Systems

6.4.1 Preventive Techniques

6.4.2 Real-Time Intrusion Detection Methods

6.4.3 Real-Time Response Methods

6.4.4 Treatment Methods

6.5 Advanced Driver Assistance Technologies: an Overview

6.5.1 Adaptive Cruise Control (ACC)

6.5.2 Lane Departure Warning System (LDWS)/Lane Keep Assist (LKA)

6.5.3 Intelligent Park Assist

6.5.4 Drowsiness Monitor

6.5.5 Blind Spot Detection System

6.5.6 Night Vision

6.5.7 Head-Up Display (HUD)

6.5.8 Electronic Brake Assist

6.5.9 Tire Pressure Monitoring System

6.5.10 Adaptive Front Lighting

6.5.11 Pedestrian Protection/Warning System

6.5.12 Traffic/Road Sign Recognition

7 Advanced Driver Assistance System Market, By Region & Technology

8 Advanced Driver Assistance System Market, By Sensor Technology

8.1 Introduction

8.2 ADAS Sensor Technologies

8.2.1 Advanced Driver Assistance Systems and Associated Sensor Technology

8.2.2 Pros & Cons of ADAS Sensor Technologies

8.3 Global ADAS Market, By Sensor Technology

8.3.1 Radar Sensor Market, By Region

8.3.2 Camera Sensor Market, By Region

8.3.3 Lidar Sensor Market, By Region

8.3.4 Infrared Sensor Market, By Region

8.3.5 Ultrasonic Sensor Market, By Region

9 Advanced Driver Assistance System Market, By Vehicle Type

9.1 Introduction

9.2 Global Advanced Driver Assistance System Market, By Vehicle Type

9.2.1 Passenger Car ADAS Market, By Region

9.2.2 Commercial Vehicle ADAS Market, By Region

10 Competitive Landscape

11 Company Profiles

- Autoliv Inc.

- Delphi Automotive PLC

- Denso Corporation

- Infineon Technologies AG

- Magna International Inc.

- Mobileye N.V.

- Robert Bosch GmbH

- Valeo S.A.

- Wabco Holdings Inc.

For more information visit http://www.researchandmarkets.com/research/9m65pl/advanced_driver

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

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