Title: Global Automotive Advanced Driver Assistance Systems (ADAS) Market: Industry Analysis & Outlook (2016-2020)
1Industry Research by Koncept Analytics
Global Automotive Advanced Driver Assistance
Systems (ADAS) Market Industry Analysis
Outlook-----------------------------------------
(2016-2020)
October 2016
2Executive Summary
Technological developments have now progressed a
long way in automotive sector. Present day
systems use signals from a wide variety of
sensors around the vehicle to support the driver.
These new systems are known as Advanced Driving
Assistance System (ADAS). They are electronic
devices which work for the driver in certain
driving situations by focusing on safety aspects
and enhancement of driving comfort. New cars have
a large number of advanced driver assistance
systems that help and assist the driver in
driving and parking situation. ADAS is based on
its functions like advanced cruise control, lane
departure warning, automatic braking systems,
parking assistance, forward collision warning.
These functions are performed through sensors
fitted in the automobiles like LIDAR, radar,
ultrasonic, infrared cameras and vision. The
global ADAS market is expected to see innovation
driven growth in the coming years with major
technological advancements. The growth of the
market will be seen majorly because of safety
driving assistance need, rising income and
increasing purchasing power, changing lifestyle
due to growing urbanization and increasing
awareness. The growing concern about automotive
safety among passengers has resulted in high
demand for advanced driving assistance system,
due to which government across several regions
have mandated the use of ADAS in vehicles. The
key factors driving growth of the ADAS market
include government regulations for installation
of ADAS, escalating ADAS demand, inclusion of
ADAS in new car assessment program and increasing
adoption rate of vehicle safety technologies.
However, market growth is hindered by factors
such as complexity in the features of ADAS,
environmental factors, and testing and validating
hurdles. The major trends featuring the market
include increasing electronic content in cars,
rapid expanding hybrid and electronic car market,
growth of active safety systems, and evolution of
zero traffic fatalities. The report offers an
in-depth analysis of the Global ADAS Market. It
covers the regional and global aspect of the
market. The top notch players in the market
exhibit a very close competition. The report
profiles NXP Semiconductors, NVIDIA Corporation,
ON Semiconductors and Xilinx Inc.
3Government regulations regarding the safety of
passengers is the prime reason for the growth of
the ADAS market along with technological
advancements
Global ADAS Market by Value (2011-2015)
- The global ADAS market reached US.. billion in
2015, increasing from US.. billion in the
previous fiscal year. The market grew at a CAGR
of .. for the period spanning 2011-2015. - The global ADAS market is estimated to reach
US.. billion by 2020, increasing from US..
billion in 2016. The market is estimated to grow
at a CAGR of .. for the period spanning
2016-2020. - The global ADAS market shipment volume is
estimated to grow at a CAGR of .. for the period
spanning 2016-2020. The market is expected to
reach ..million units by 2020, increasing from ..
million units in 2016.
Global ADAS Market Forecast by Shipment Volume
(2016-2020)
Global ADAS Market Forecast by Value (2016-2020)
4ADAS market experienced a high growth resulting
from increased technology adoption rate and
stringent vehicle safety regulations.
North American ADAS Market by Value
(2011-2015) )
- North American ADAS market reached US.. billion
in 2015, increasing from US.. billion in the
previous fiscal year. The market grew at a CAGR
of .. for the period spanning 2011-2015. - The North American ADAS shipments is estimated to
reach ..million units by 2020 increasing from
..million units in 2016. The market is expected
to grow at a CAGR of .. for the period spanning
2016-2020. - The European market will reach US.. billion by
2020, increasing from US.. billion in 2016. The
market is estimated to grow at a CAGR of .. for
the period spanning 2016-2020.
European ADAS Market Forecast by Value (2016-2020)
North American ADAS Market Forecast by Shipment
Volume (2016-2020)
5Disclaimer
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been made to ensure accuracy of data. However,
investors should not completely rely on the
information given in this report and must make
decisions based on their own investment strategy,
risk management and capital adequacy.
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