Advanced Driver Assistance Systems (ADAS) Market - By Sensor Type: Camera, Radar, LiDAR, Ultrasonic Sensors, Others. By Application: Collision Avoidance, Adaptive Cruise Control, Lane Keep Assist, Parking Assistance, Others. By Vehicle Type: Passenger Cars, Commercial Vehicles. By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
The global ADAS market has surged from USD 32.9 billion in 2019 to USD 69.5 billion in 2023 (21.2% CAGR), with projections reaching USD 219.5 billion by 2031 (18.5% CAGR). Three technological tsunamis are driving this explosive growth growth:
2024 ADAS Revolution
Market Drivers
Safety Regulation Avalanche
Autonomous Leapfrogging
Semiconductor Arms Race
Competitive Landscape
Market Share Analysis (2024)
|
Company |
Market Share |
Flagship Innovation |
Strategic Edge |
|
Mobileye |
28% |
EyeQ6 Ultra (5W/144TOPS) |
70+ OEM design wins |
|
NVIDIA |
XX% |
Drive Thor (2,000TOPS) |
AI training advantage |
|
Bosch |
XX% |
4D imaging radar (0.1° resolution) |
Tier 1 integration |
|
Aptiv |
XX% |
Smart Vehicle Architecture |
Zonal controller leader |
Disruptive New Entrants
Market Segmentation
By System Type
By Sensor Suite
By Region
5. Recent Developments (2024)
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