The Global ADAS Market is estimated to grow at double digits till 2025. COVID-19 will bring down global volumes by ~19% in 2020 but 2020-2025 CAGR is expected to be ~14% Key contents of the Global ADAS Market report include
- Market size & Forecast segmented by region, technology type, application
- Technology trends in ADAS Market, average B-2-B margin by region
- COVID-19 impact on ADAS Market
- ADAS Penetration by OEM, by region, by technology-2020
- Global ADAS Installation trend in past 5 years
- Competitive landscape, market share and growth strategy of leading vendors
KEY FINDINGS
- As of June 2020, there are 21 ADAS technologies on offer across the globe. ABS, ESC and Rear-view camera and some radar-based technologies have almost reached saturation. In coming years, ADAS market growth will be driven by vision-based technologies
- Lower light vehicle production levels, globally had already started to weigh on ADAS suppliers` balance sheets in early 2020. Continued weakness in Europe and China auto production, in H1- 2020, due to Corona Virus concerns is a new threat to ADAS market.
- In US, there are 285 passenger car models on sale as of June 2020. Camera based ADAS is offered at least as an option on 170+ models
- In China, Radar based adaptive cruise control installation is lower than US and EU but domestic OEMs like Geely, Haval, SAIC`s Roewe have now started offering it on new products
- In EU,Adoption of many new ADAS technologies is driven by the stringent EU NCAP requirements and even more stringent 2025 legislation. Legislations are significantly driving the list of comfort features and ADAS content per vehicle
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GLOBAL ADAS MARKET TRENDS
- In the US market, Toyota provides ADAS features like Pre-collision assist, Adaptive cruise control, Lane departure warning as Standard on best-sellers like Camry, Corolla, CHR and Highlander
- As of June 2020, Ford is offering Adaptive cruise control on very few vehicles across the globe as a standard and as an optional fitment on more than 75% vehicles
- EVs have shown more resilience to COVID-19 and continue to gain volumes in EU and China in H1-2020. EVs are more generously equipped with ADAS than their ICE counterparts. For example, Ford announced that it will offer Pre-collision assist, forward collision warning, post-collision braking, and a lane-keeping system as standard on upcoming Transit EV
- Various tier-1 ADAS suppliers are working on imaging radar technology, which could become a potential low-cost substitute to Lidar
- In coming years, Multi-purpose camera- a combination AI and image recognition software to facilitate object detection, will drive growth of ADAS camera market
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COMPANY PROFILES
- Bosch
- Continental
- Valeo
- Mobileye
- ZF
- NXP
- Hyundai Mobis
- Magna
- NVIDIA
- Hella
- Infineon AG
- Denso
- Veoneer
- Autoliv
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- ADAS Market size and Forecast (Units and $Million), by region, by application
- Average B-2-B pricing for ADAS Market, by region, by position, by OEM, by vehicle type
- Technology trends and related opportunity for new ADAS component suppliers
- OE-supplier alignment
- Market share of leading vendors, by region,
- Coronavirus impact on ADAS Market earnings
Media Contact
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: Send Email
Phone: +1-315-675-4056
Address:P3 & P4, HAL 3rd Stage 204,56/2
City: Bangalore
State: Karnataka
Country: India
Website: https://mobilityforesights.com/
