According to the latest report published by Variant Market Research, the global advanced driver assistance systems market size is projected to reach $62.7 Billion by 2025 from $27.5 Billion in 2017. In this report, advanced driver assistance systems market forecast says that the global market is growing at 10.8% CAGR from 2017 to 2025.

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Improved electronic integration to drive the global market
The global advanced driver assistance systems market trend includes strict government rules related to safety across the globe, consumer inclination towards advanced technology and active safety features, and improved electronic integration. Though, complex testing systems may hinder the ADAS market growth. Moreover, better socio-economic conditions boosting demand for luxury cars would provide an opportunity for players of market.

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Market Segmentations

The global advanced driver assistance systems (ADAS) market is classified into type, technology, and geography. Type segment includes adaptive cruise control, park assist, blind spot detection system, drowsiness monitor, lane departure warning system, tyre pressure monitoring system, and other types. Further, the market is classified on basis of technology into infrared sensor, radar sensor, laser sensor, image sensor, & ultrasonic sensor. North America (U.S., Mexico, and Canada), Europe (France, Italy, Germany, UK, and Rest of Europe), Asia-Pacific (Japan, China, South Korea, India, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.

Other types, by types dominated the global market in 2017
Other types held for the highest market share in 2017, and expected to continue its dominance over the forecast period, 2017– 2025. Tyre pressure monitoring system is anticipated to grow at a fastest CAGR over the forecast period 2017 – 2025, due to the compulsion of this system for all passenger cars in Europe and North America, while Asian countries like China, Japan, and India are in the progression of exploring the advantages of tyre pressure monitoring technology.

Ultrasonic sensor, by technology dominated the global market in 2017
Ultrasonic sensor held for the highest market share in 2017, and expected to continue its dominance over the forecast period, 2017– 2025. Its several applications like parking sensors, presence detection, vehicle detection for car wash and automotive assembly, and many more is the driving factor for the growth of ultrasonic sensor segment.

North America dominated the global market in 2017
North America held for the highest market share in 2017, and expected to continue its dominance over the forecast period, 2017– 2025. The strict safety guidelines in the region including U.S. (in District of Columbia, Michigan, Rhode Island, Maryland, and Maine) is the driving factor for the growth of the ADAS market in North America.

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Competitive Landscape

Key players are offering innovative products and services to increase their advanced driver assistance systems market share. Major players of the market are Audi AG, Robert Bosch GmbH, Denso Corporation, General Motors Company, Continental AG, Delphi Automotive PLC, Renault Group, Autoliv Inc., Magna International Inc., and Ford Motor Company, among others.

Scope of the Global Advanced Driver Assistance Systems Market

Type Segments
• Adaptive Cruise Control
• Blind Spot Detection System
• Park Assist
• Drowsiness Monitor
• Tyre Pressure Monitoring System
• Lane Departure Warning System
• Other Types

Technology Segments
• Infrared Sensor
• Laser Sensor
• Radar Sensor
• Image Sensor
• Ultrasonic Sensor

Geographical Segments
• North America
o U.S.
o Canada
o Mexico

• Europe
o UK
o Germany
o Italy
o France
o Rest of Europe

• Asia-Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia-Pacific

• RoW
o South America
o Middle East
o Africa

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