What years does this Europe ADAS Market cover?

The report covers the Europe ADAS Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe ADAS Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe ADAS Market Size

Market Size of Europe ADAS Industry

Study Period	2019 - 2029
Base Year For Estimation	2023
Forecast Data Period	2024 - 2029
Historical Data Period	2019 - 2022
CAGR	> 16.00 %
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

Europe ADAS Market Analysis

The European advanced driver-assistance system (ADAS) market was valued at USD 11.08 billion and is expected to reach USD 27.61 billion, registering a CAGR of around 16% during the forecast period.

The COVID-19 pandemic had a massive impact on the market studied as lockdowns and trade restrictions have led to supply chain disruptions and a halt of vehicle production across the world. However, as restrictions eased, players started focusing on mitigating such risks and developments to create momentum in the market during the forecast period.
Rising concern among the population toward road safety and favorable government regulations are supporting the growth of the ADAS market in the region. For instance, the European Union has announced the installation of advanced safety systems in all new cars from mid-2022 to reduce the number of road fatalities.
This new regulation has mandated the adoption of advanced driver distraction warning systems, tire pressure monitoring, and intelligent speed assistance, among others, for all ranges of vehicles, adding an opportunity for the advanced driver assistance system market.
The innovations and developments in the automotive sector of Germany are propelled by the significant investment by the German automotive industry. The country leads in the European region regarding connected car revenue in the safety and driver assistance segment.
In addition, the legislative body of the Netherlands has granted automotive players to test their autonomous vehicles on the road. The local players in the Netherlands are also working on launching ADAS in the market.

Europe ADAS Industry Segmentation

ADAS, or advanced driver-assistance system, is a combination of sensors that aid and improve the safety of drivers and passengers on the road. It collects road and driver behavior data and enhances the human-machine interface through audio and visual alerts.

The Europe advanced driver assistance systems market is segmented by type (parking assist system, adaptive front-lighting, night vision system, blind spot detection, lane departure warning, and other types), technology (radar, lidar, and camera), vehicle type (passenger cars and commercial vehicles), and geography (Germany, United Kingdom, France, Italy, and Rest of Europe).

The report offers market size and forecasts for the Europe ADAS market in value (USD) for all the above segments.

By Type
		Parking Assist System
		Adaptive Front-lighting
		Night Vision System
		Blind Spot Detection
		Lane Departure Warning
		Other Types

By Technology
		Radar
		Li-Dar
		Camera

By Vehicle Type
		Passenger Cars
		Commercial Vehicle

By Geography
		United Kingdom
		Germany
		Italy
		France
		Rest of Europe

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Europe ADAS Market Size Summary

The European Advanced Driver Assistance Systems (ADAS) market is experiencing significant growth, driven by increasing concerns over road safety and supportive government regulations. The European Union's mandate for advanced safety systems in new vehicles aims to reduce road fatalities, creating a substantial opportunity for the ADAS market. Innovations in the automotive sector, particularly in Germany, are fueled by substantial investments, positioning the country as a leader in connected car revenue within the safety and driver assistance segment. Additionally, the Netherlands is actively testing autonomous vehicles, further propelling the market's expansion. The rising interest in autonomous and connected vehicles is expected to bridge the gap between traditional and future cars, as consumers are willing to invest in technologies that enhance safety and driving experience.

The market is moderately fragmented, with key players like Autoliv AB, Bosch Group, and Continental AG actively developing and integrating ADAS features. These systems not only improve vehicle safety but also offer benefits such as traffic awareness, reduced insurance premiums, and increased fuel efficiency. The European market is witnessing a trend towards mandatory ADAS features due to stringent regulatory norms aimed at enhancing road safety. Collaborations between automotive manufacturers and technology providers, such as ZF's partnership with Toyota and Continental's collaboration with HERE Technologies, are further driving the adoption of ADAS. These developments are expected to continue shaping the market landscape, with a focus on integrating advanced driver-assistance technologies in new vehicles across Europe.

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Europe ADAS Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Drivers
  1. 1.1.1 Growing Demand For ADAS features in Vehicles
2. 1.2 Market Restraints
  1. 1.2.1 High Up-Front Cost And Maintenance Cost
3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis
  1. 1.3.1 Threat of New Entrants
  2. 1.3.2 Bargaining Power of Buyers/Consumers
  3. 1.3.3 Bargaining Power of Suppliers
  4. 1.3.4 Threat of Substitute Products
  5. 1.3.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 By Type
  1. 2.1.1 Parking Assist System
  2. 2.1.2 Adaptive Front-lighting
  3. 2.1.3 Night Vision System
  4. 2.1.4 Blind Spot Detection
  5. 2.1.5 Lane Departure Warning
  6. 2.1.6 Other Types
2. 2.2 By Technology
  1. 2.2.1 Radar
  2. 2.2.2 Li-Dar
  3. 2.2.3 Camera
3. 2.3 By Vehicle Type
  1. 2.3.1 Passenger Cars
  2. 2.3.2 Commercial Vehicle
4. 2.4 By Geography
  1. 2.4.1 United Kingdom
  2. 2.4.2 Germany
  3. 2.4.3 Italy
  4. 2.4.4 France
  5. 2.4.5 Rest of Europe