Advanced driver assistance system (ADAS) offers an intelligent and comfortable driving experience. This system consists of sensors that are applicable in adaptive cruise control, lane departure warning system, park assist, blind spot detection system, adaptive front lighting system, and others.

Emphasis on consumer safety, impending need for comfort, and increase in government regulations that ensure safety drive the market growth. However, complexity & difficulty in testing systems, pricing pressure, and inflation impede the suggested growth. Implementation of ADAS in low-cost cars and increased electronic content and electronic integration are the prevalent trends in this industry.

The advance driver assistance systems market is segmented based on component type and region. Based on component type, it is bifurcated into system type and sensor type. The system type further is divided into tire pressure monitoring system, drowsiness monitor system, intelligent parking assist system, adaptive cruise control system, blind spot object detection system, lane departure warning system, adaptive front-lighting system, and others (night vision system and driver monitoring system); while the sensor type includes image sensor, LiDAR sensor, ultrasonic sensor, infrared sensor, RADAR, and LASER. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in the market are Magna International Inc., Autoliv Inc., Continental AG, Robert Bosch GmbH, Valeo, Denso Corporation, NXP Semiconductor, Panasonic Corporation, Renesas Electronics Corporation, and Texas Instruments.

KEY BENEFITS FOR STAKEHOLDERS

This study comprises analytical depiction of the global advance driver assistance systems market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
Porter's Five Forces analysis illustrates the potency of the buyers and suppliers.

KEY MARKET SEGMENTS

BY COMPONENT TYPE

System Type
Tire Pressure Monitoring System
Drowsiness Monitor System
Intelligent Parking Assist System
Adaptive Cruise Control System
Blind Spot Object Detection System
Lane Departure Warning System
Adaptive Front-lighting System
Others (Night Vision System and Driver Monitoring System)
Sensor Type
Image Sensor
LiDAR Sensor
Ultrasonic Sensor
Infrared Sensor
RADAR
LASER

BY REGION

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY MARKET PLAYERS PROFILED

Magna International Inc.
Autoliv Inc.
Continental AG
Robert Bosch GmbH
Valeo
Denso Corporation
NXP Semiconductor
Panasonic Corporation
Renesas Electronics Corporation
Texas Instruments