How big is the Advanced Driver Assistance Systems Market?

The Advanced Driver Assistance Systems Market size is expected to reach USD 49.65 billion in 2024 and grow at a CAGR of 16.70% to reach USD 107.47 billion by 2029. Read More

What is the current Advanced Driver Assistance Systems Market size?

In 2024, the Advanced Driver Assistance Systems Market size is expected to reach USD 49.65 billion. Read More

Who are the key players in Advanced Driver Assistance Systems Market?

Continental AG, Delphi Technologies, DENSO Corporation, Robert Bosch GmbH and ZF Friedrichshafen AG are the major companies operating in the Advanced Driver Assistance Systems Market. Read More

Which is the fastest growing region in Advanced Driver Assistance Systems Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2028). Read More

Which region has the biggest share in Advanced Driver Assistance Systems Market?

In 2024, the Asia-Pacific accounts for the largest market share in Advanced Driver Assistance Systems Market. Read More

What years does this Advanced Driver Assistance Systems Market cover, and what was the market size in 2023?

In 2023, the Advanced Driver Assistance Systems Market size was estimated at USD 41.36 billion. The report covers the Advanced Driver Assistance Systems Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Advanced Driver Assistance Systems Market size for years: 2024, 2025, 2026, 2027 and 2028. Read More

What are the key growth opportunities in the Advanced Driver Assistance Systems (ADAS) Market?

The key growth opportunities in the Advanced Driver Assistance Systems (ADAS) Market are a) ADAS serves as a stepping stone towards self-driving cars, with significant investments in R&D for advanced features b) Development of more sophisticated and affordable sensors like LiDAR and cameras will enhance ADAS functionality Read More

Advanced Driver Assistance Systems Market Share

Statistics for the 2023 & 2024 Advanced Driver Assistance Systems market share, created by Mordor Intelligence™ Industry Reports. Advanced Driver Assistance Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Advanced Driver Assistance Systems Industry

The advanced driver assistance system market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions.

In January 2023, the ADAS company Seeing Machines and Analog Devices (ADI) announced their plan to collaborate on developing DMS/OMS systems that are based on infrared cameras. In contrast with DMS/OMS systems with traditional cameras, systems that use infrared cameras can monitor in the dark or other low-light conditions.

Some of the major players in the market include Continental AG, Robert Bosch GmbH, Autoliv Inc., Denso Corporation, and Delphi Automotive PLC.