ADAS

• Software Organisation will increase the efficiency of the development of advanced driver assistance systems (ADAS) and AD functions for passenger cars across Volkswagen Group brands.
• The automotive segment is expected to grow significantly faster from < $200M in 2019 to ~ $1.7 B by 2025 E, a ~59% CAGR, as Autos could account for ~50% of the LiDAR market by 2025 E with significant ramps in ADAS / autonomous driving and improving LIDAR technologies.
• Mando is reportedly expected to supply ADAS components such as front radars, cameras, and autonomous emergency braking to 100,000 Level 3 autonomous all-electric vehicles that will be used as Amazon delivery cars from 2022.
• Continental expects the adoption of 3D lidar in the automotive market to accelerate in the second half of the coming decade.
• Despite ongoing assistance, Hajjah and Sa ada are expected to remain in Emergency, while food security in Al Mahrah will be Stressed.
• The global market for advanced driver assistance systems (ADAS) is expected to reach more than $67 billion by 2025, growing more than 10% each year, though automotive sensor growth has been slowed by COVID-19.
• By 2022, the majority of all new vehicles on the market will have ADAS systems, such as automatic emergency braking, lane departure and blind spot monitoring, and Mosaic ADT is designed to help customers navigate the complex future of collision repair.
• Advanced Driver-Assistance Systems (ADAS) Market is expected to reach USD 14.14 billion by 2027 witnessing market growth at a rate of 21.19% in the forecast period of 2020 to 2027.
• The global ADAS and autonomous driving component market is expected to be valued at $39.79 billion and 518.6 million units in 2018 and is anticipated to grow at a CAGR of 12.51% and 13.29% respectively, during the forecast period, 2019-2029.
• The global ADAS and autonomous driving component market is projected to grow over $136.69 billion and 1.91 billion units by 2029.
• Level 1 and Level 2 ADAs are already available in many new vehicles, but by 2030, predict that one in four cars sold globally will have at least Level 3 autonomous driving capabilities.
• The market for radar sensors for advanced driver assist systems (ADAS) and autonomous vehicles exceeds $2.15 billion and will reach $7.68 billion by 2026, according to Research and Markets.
• Advanced Driver System (ADAS) will be in the majority of vehicles.
• Advanced Driver Assistance Systems (ADAS) market, dominated by Tesla, is expected to touch $81.14 billion by 2025.
• By 2020, over 50% of new vehicles produced in China will have Driver Assistance, Partial Automation, or Conditional Automation (CA) systems, with over 10% connected to an Advanced Driver Assistance System (ADAS).
• By 2025 global deployment of ADAS is likely to approach a valuation of US$65bn and the global market for ADAS testing will exceed the US$100m mark in terms of revenues.
• From 2019 to 2024 the MEMS market will grow 8.3% annually in value driven by pressure, RF (for V2X 5G communications), inertial (for ADAS) and future MEMS.
• Touch Display Research forecasts the overall automotive touch, display, ADAS and touchless HMI market will grow from $15 billion in 2017.
• North America is expected to be followed by Asia-Pacific as the second largest market for ADAS and is expected to be the fastest growing market.
• Future trends indicate that higher safety will be achieved by automatic driving controls and a growing number of sensors both on the road infrastructure and the vehicle itself.
• Due to the expected increase in the number of level 2 equipped vehicles in the future years, it is anticipated that level 2 autonomous components will dominate the market.
• The ADAS and autonomous driving component market in the APAC is expected to grow at a faster rate in comparison to Europe and North America between 2018 and 2023.

Last updated: 07 March 2021