ADAS Market Size Worth USD 67.43 Billion By 2025

  • Global Advanced Driver Assistance System (ADAS) demand was USD 14.15 billion in 2016 and is anticipated to witness staggered growth over the next eight years.
  • The autonomous emergency breaking system segment is anticipated to grow at CAGR of 22.0% over the forecast period.
  • The demand for ADAS processors is anticipated to grow at moderate rate over the forecast period.
  • The Asia Pacific market is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the Chinese market. The regional market is expected to grow at a CAGR of 8.5% from 2017 to 2025
  • Key players including Continental AG, Mobileye, Autoliv Inc., Magna international, and Hyundai Mobis dominated the global ADAS market while accounting for over 43% of the total volume in 2016. Advanced driver assistance system is leading the way to autonomous vehicles. Technological innovation and disruptive pricing are key criteria to strive the fierce competition in the market. Thus, various players are introducing highly innovative products primarily focused on increasing the overall user safety and enhancing the driver’s experience.

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I am working in Market Research Company. So my job in research is to provide answers & guidance to our clients as they relate to marketing and consumer science.

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Gaurav Shah

Gaurav Shah

I am working in Market Research Company. So my job in research is to provide answers & guidance to our clients as they relate to marketing and consumer science.