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Advanced Driver Assistance Systems Market Size Growing at 18.7% CAGR, Set to Reach USD 90.1 Billion By 2030

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TOKYO, March 08, 2023 (GLOBE NEWSWIRE) — The Global Advanced Driver Assistance Systems (ADAS) Market Size accounted for USD 19.7 Billion in 2021 and is estimated to achieve a market size of USD 90.1 Billion by 2030 growing at a CAGR of 18.7% from 2022 to 2030.

Advanced Driver Assistance Systems Market Research Report Highlights and Statistics:

  • The Global Advanced Driver Assistance Systems Market Size in 2021 stood at USD 19.7 Billion and is set to reach USD 90.1 Billion by 2030, growing at a CAGR of 18.7%
  • ADAS technology has gained significant popularity in recent years, owing to its ability to improve road safety, reduce accidents, and enhance the driving experience.
  • The demand for ADAS systems is driven by the increasing focus on safety, rising demand for luxury vehicles, and government regulations mandating the use of advanced safety features in vehicles.
  • The ADAS system market is expected to grow significantly in the coming years, owing to the increasing demand for autonomous vehicles and the growing adoption of advanced safety features.
  • North America is the largest Advanced Driver Assistance Systems market. Europe is the second-largest ADAS systems market. The Asia Pacific region is expected to witness the fastest growth in the Advanced Driver Assistance Systems market.
  • Key players operating in the Advanced Driver Assistance Systems market include Continental AG, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, Aptiv PLC, Hyundai Mobis, Valeo, Magna International Inc., NXP Semiconductors N.V., and Infineon Technologies AG.
  • The increasing demand for electric vehicles and the growing trend of connected cars are expected to drive the growth of the Advanced Driver Assistance Systems market in the coming years.
  • The COVID-19 pandemic has had a significant impact on the Advanced Driver Assistance Systems market, with the temporary closure of automotive manufacturing facilities and disruptions in the supply chain affecting the production and sales of ADAS systems.

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Advanced Driver Assistance Systems Market Report Coverage:

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Market Advanced Driver Assistance Systems Market
Advanced Driver Assistance Systems Market Size 2021 USD 19.7 Billion
Advanced Driver Assistance Systems Market Forecast 2030 USD 90.1 Billion
Advanced Driver Assistance Systems Market CAGR During 2022 – 2030 18.7%  
Advanced Driver Assistance Systems Market Analysis Period 2018 – 2030
Advanced Driver Assistance Systems Market Base Year 2021  
Advanced Driver Assistance Systems Market Forecast Data 2022 – 2030
Segments Covered By System Type, By Component Type, By Vehicle Type, And By Geography
Advanced Driver Assistance Systems Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Continental AG, Robert Bosch GmbH, Autoliv, ZF Friedrichshafen, Magna International, Nidec Corporation, Texas Instruments, Infineon Technologies AG, TRW Automotive, and Hitachi Automotive.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Advanced Driver Assistance Systems Market Overview:

The Advanced Driver Assistance Systems (ADAS) Market is a rapidly growing sector in the automotive industry. ADAS technology encompasses a range of safety features that assist drivers in navigating the roads, such as lane departure warning systems, adaptive cruise control, and blind spot detection. The demand for ADAS systems is driven by the increasing focus on road safety, rising demand for luxury vehicles, and government regulations mandating the use of advanced safety features. The ADAS market is expected to grow significantly in the coming years, owing to the increasing adoption of electric and autonomous vehicles and the growing trend of connected cars. Key players in the ADAS market include Continental AG, Robert Bosch GmbH, and Denso Corporation. The ADAS market is poised for significant growth as the automotive industry continues to evolve and prioritize safety and driver assistance technologies.

Trends in the Advanced Driver Assistance Systems Market:

  • Integration of ADAS with connected cars: The trend of connected cars is driving the integration of ADAS systems with in-vehicle communication systems, enabling real-time communication between vehicles and infrastructure.
  • Growing popularity of electric vehicles: The increasing demand for electric vehicles is driving the adoption of ADAS systems, as these vehicles require advanced safety features to address the unique challenges of electric drivetrains.
  • Use of artificial intelligence and machine learning: The use of AI and machine learning is becoming increasingly common in ADAS systems, enabling advanced capabilities such as predictive analytics and intelligent decision-making.
  • Increasing demand for cybersecurity: With the growing connectivity of ADAS systems, the demand for cybersecurity is also increasing, as these systems become vulnerable to cyber attacks.
  • Adoption of 5G connectivity: The adoption of 5G connectivity is expected to drive the development of advanced ADAS systems, as the high-speed and low-latency connectivity of 5G can enable real-time communication between vehicles and infrastructure.
  • Emergence of lidar technology: Lidar technology is becoming increasingly popular in ADAS systems, enabling advanced object detection and identification.
  • Integration of ADAS with advanced telematics systems: The integration of ADAS with advanced telematics systems is enabling real-time tracking of vehicles and providing valuable data for fleet management.
  • Use of advanced sensors: The use of advanced sensors such as ultrasonic, radar, and cameras is becoming increasingly common in ADAS systems, enabling advanced capabilities such as 360-degree view and enhanced object detection.

Advanced Driver Assistance Systems Market Dynamics:

  • Growing demand for road safety: The increasing number of road accidents is driving the demand for advanced safety features such as ADAS systems.
  • Government regulations: Governments around the world are mandating the use of advanced safety features in vehicles, which is driving the growth of the ADAS market.
  • Increasing demand for luxury vehicles: The growing demand for luxury vehicles, which are equipped with advanced safety features, is driving the growth of the ADAS market.
  • Development of new ADAS applications: The development of new ADAS applications, such as advanced parking systems and pedestrian detection, is expanding the Advanced Driver Assistance Systems market.
  • Cost reduction: The reduction in the cost of ADAS systems, due to technological advancements and economies of scale, is making these systems more accessible to a wider range of consumers.
  • Consumer demand for advanced features: Consumer demand for advanced features such as lane keeping and adaptive cruise control is driving the growth of the ADAS market.
  • Improved driver experience: The integration of ADAS systems with advanced telematics systems is improving the driver experience, which is driving the growth of the ADAS market.

Growth Hampering Factors in the Market for Advanced Driver Assistance Systems:

  • Concerns about system reliability: Concerns about the reliability of ADAS systems, especially in extreme weather conditions, may slow down adoption and hinder market growth.
  • Limited testing and certification standards: The lack of standardized testing and certification standards for ADAS systems may slow down adoption and hinder market growth.
  • Limited infrastructure: The limited infrastructure for charging electric vehicles and for connected car communication systems may slow down adoption of ADAS systems.
  • Legal and regulatory hurdles: The legal and regulatory hurdles related to the testing and deployment of autonomous vehicles, which require advanced ADAS systems, may hinder market growth.
  • Limited availability of raw materials: The limited availability of raw materials, such as rare earth metals used in sensor technology, may limit the production and availability of ADAS systems, which could hinder market growth.
  • Resistance to change: Resistance to change among consumers, especially among those who are used to traditional driving practices, may slow down adoption of ADAS systems and hinder market growth.

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https://www.acumenresearchandconsulting.com/table-of-content/advanced-driver-assistance-systems-market

Market Segmentation:

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Type of System

  • Lane Departure Warning
  • Road Sign Recognition
  • Cross Traffic Alert
  • Intelligent Park Assistance
  • Automatic Emergency Braking
  • Adaptive Front Light
  • Night Vision System
  • Forward Collision Warning
  • Adaptive Cruise Control
  • Driver Monitoring System
  • Blind Spot Detection System
  • Tire Pressure Monitoring System
  • Others

By Component Type

  • Software
  • Sensors
    1. LiDAR
    2. Infrared
    3. Ultrasonic
    4. Image Sensor
    5. RADAR
  • Processor
  • Others

By Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle
    1. LCV
    2. HCV

Advanced Driver Assistance Systems Market Overview by Region:

North America’s Advanced Driver Assistance Systems market share is the highest globally, with the United States leading the way in terms of adoption. The region is home to several prominent players in the market, such as General Motors, Ford, and Tesla. In addition, the increasing demand for electric and hybrid vehicles, combined with the presence of advanced sensor technologies and artificial intelligence, has contributed to the growth of the market.

The Asia-Pacific region’s Advanced Driver Assistance Systems Market share is also huge and is growing at the fastest rate, driven by factors such as increasing demand for connected cars, advancements in sensor technology, and government initiatives to promote road safety. Countries such as China, Japan, and South Korea are leading the way in terms of adoption of ADAS systems, with several major players such as Hyundai, Toyota, and Honda.

Europe is another key market for Advanced Driver Assistance Systems, with Germany leading the way in terms of adoption. The region has a strong automotive industry, which has been a major driver of growth in the market. Additionally, the region has been at the forefront of research and development of ADAS systems, with several leading players such as Bosch, Continental, and ZF Friedrichshafen AG.

The South American and MEA regions have a smaller Advanced Driver Assistance Systems market share, however it is expected to grow at a steady pace. The region is expected to be driven by factors such as increasing awareness about road safety and the need for enhanced driving experience.

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Advanced Driver Assistance Systems Market Key Players:

The Advanced Driver Assistance Systems (ADAS) Market is competitive, with several prominent players competing for market share. Some of the major players in the market include Aptiv PLC, Robert Bosch GmbH, Continental AG, Denso Corporation, Veoneer Inc., Hyundai Mobis Co., Ltd., ZF Friedrichshafen AG, NXP Semiconductors N.V., Texas Instruments Inc., Valeo SA, NVIDIA Corporation, Intel Corporation, Infineon Technologies AG, Panasonic Corporation, Harman International Industries, Inc., Magna International Inc., Panasonic Corporation, Mobileye, and TomTom International BV. These companies are focused on innovation and development of new technologies to enhance driving experience and improve road safety. They are also engaged in partnerships and collaborations to expand their reach and market share.

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Artificial Intelligence

HONOR Redefines Mobile AI Solutions with PC powered by Snapdragon, on-device AI Agent and AI Deepfake Detection at IFA 2024

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HONOR, Qualcomm, and Microsoft Redefine Innovations in Mobile AI
BERLIN, Sept. 7, 2024 /PRNewswire/ — Today at IFA 2024, HONOR unveiled three groundbreaking mobile AI Solutions: AI PC powered by Snapdragon® X Elite platforms, AI Agent and AI Deepfake Detection. The launch was accompanied by a thought-provoking panel discussion featuring HONOR CEO George Zhao; Alex Katouzian, Group GM of MCX at Qualcomm Technologies, Inc.; and Mark Linton, VP of Device Partner Sales at Microsoft. Together, they explored the convergence of AI and Snapdragon technology, discussing how these innovations are shaping the future of mobile AI.

“When it comes to mobile computing, AI is not just a buzzword, it’s a revolution,” commented George Zhao, CEO of HONOR Device Co., Ltd. “At HONOR, we’re committed to working with our partners to deliver powerful AI capabilities and seamless connectivity, while protecting our users’ privacy. Through open collaboration with industry leaders, we’re creating devices that empower individuals and redefine what’s possible.”
“At Qualcomm Technologies, we believe the NPU is the key to unlocking the true potential of AI in PCs,” added Alex Katouzian, Group GM of MCX, Qualcomm Technologies, Inc. “The Snapdragon X Elite with its industry-leading NPU performance empowers AI PCs like the HONOR MagicBook Art 14 to deliver next-generation AI experiences. Not only will users see a significant boost in capabilities, but the NPU’s efficiency also translates to longer battery life, allowing users to stay productive for extended periods.”
HONOR MagicBook Art 14 Snapdragon: Redefining PC in the Mobile AI EraThe PC landscape is undergoing a radical transformation, driven by advancements in AI and the rise of Snapdragon platforms. Fueled by HONOR’s platform-level AI capabilities and developed in collaboration with top industry leaders, HONOR MagicBook Art 14 Snapdragon heralds a new era of computing.
Featuring a sleek and compact design, the HONOR MagicBook Art 14 Snapdragon is a marvel of lightweight engineering. It incorporates cutting-edge platform-level AI features alongside robust hardware and software solutions, ensuring unmatched productivity and user experience. It translates the lightweight and slim characteristics of smartphones to laptops, delivering the lightest and slimmest AI PC on the market, weighing approximately 1kg with a slimness of 1cm. Delivering an immersive visual journey, the HONOR MagicBook Art 14 Snapdragon features a captivating 14.6-inch HONOR FullView Touch Display boasting a crystal-clear 3.1K resolution. It also includes an outstanding 97% screen-to-body ratio, the largest among 14-inch laptops. The HONOR MagicBook Art 14 Snapdragon is powered by the Qualcomm Snapdragon X Elite, elevating the computing experience to new heights in terms of power, efficiency, and security.
The HONOR MagicBook Art 14 Snapdragon also enables a smooth transition of Windows applications on X86 to the Windows on Snapdragon architecture. Based on years of research on the ecosystem, HONOR created a Hotspot Library that uses platform-level AI to identify frequently used scenarios and trigger translation optimization efficiently. HONOR has improved 16% of the average boot-up time1 with translation optimization across a diverse array of Windows applications. Currently, HONOR has optimized a total of the Top 14 applications across six major categories, including browsers, online meetings, media, office, social software and tools.
The HONOR MagicBook Art 14 Snapdragon will be soon available in German, France and Italy.  For preorder, please visit HONOR online store now at www.honor.com.
Seamless AI Experiences Elevated by the Power of MagicRingIn the mobile AI era, seamless cross-OS connectivity will truly empower users to unlock AI everywhere. Unlike the manual point-to-point connections in traditional solutions, the HONOR MagicRing allows multiple devices of the same account to automatically connect with low power consumption.
The MagicRing not only connects devices but also connects services across the devices. The solution also enables users to use the same set of keyboard and mouse for multiple devices, receive calls and notifications on a device other than their smartphones, and control the smartphone’s camera on the PC. With the secure and smooth flow of services and information across devices, MagicRing makes multi-device AI experience easier. For example, as one of the typical scenarios of Windows on Snapdragon experience, Cocreator allows users to produce fantastic artwork with simple draws. Powered by MagicRing, users can seamlessly access Cocreator on their HONOR MagicPad 2, drawing AI masterpieces with their Magic-Pencil. In the Meanwhile, they can also use AI Eraser from HONOR Magic V3 on the HONOR MagicBook Art 14 Snapdragon to experience unparalleled levels of convenient mobile AI.
HONOR AI Agent: The First On-device AI Agent for the Open Ecosystem The HONOR AI Agent is a revolutionary always-on personal assistant designed to enhance and simplify users’ daily lives. By intuitively understanding users’ requests and intentions through language analysis and UI awareness technology, the AI Agent that learns from their habits and device environment can intelligently make decisions across various apps and services. This capability allows it to automate complex tasks. HONOR demonstrated how to find and cancel unwanted app subscriptions across different apps with just a few simple voice commands on their smartphones.
As we look to the future, the HONOR AI Agent is poised to become the cornerstone of mobile AI, and it is anticipated to arrive with the HONOR Magic7 Series later this year in China. This innovation not only signifies a leap in technology but also heralds a new era where AI seamlessly integrates into our daily routines, enhancing everyday productivity and efficiency.
The World’s First On-device AI Deepfake Detection TechnologyAs the technology behind deepfakes becomes more sophisticated, the potential for misuse, including identity theft and the spread of disinformation, grows significantly. HONOR’s on-device AI Deepfake Detection represents a groundbreaking solution designed to protect users from the increasingly prevalent threat of deepfakes. This innovative detection system employs advanced algorithms to meticulously analyze various elements, including pixel-level synthetic imperfections, border compositing artifacts, inter-frame continuity, consistency in face-to-ear hairstyle, and the positioning of synthetic traces. By examining these characteristics, the technology can accurately identify manipulated content, distinguishing between genuine media and deceptive alterations.
About HONOR  HONOR is a leading global provider of smart devices. It is dedicated to becoming a global iconic technology brand and creating a new intelligent world for everyone through its powerful products and services. With an unwavering focus on R&D, it is committed to developing technology that empowers people around the globe to go beyond, giving them the freedom to achieve and do more. Offering a range of high-quality smartphones, tablets, laptops and wearables to suit every budget, HONOR’s portfolio of innovative, premium and reliable products enable people to become a better version of themselves.
For more information, please visit HONOR online at www.honor.com or email [email protected] 
https://community.honor.com/  https://www.facebook.com/honorglobal/  https://twitter.com/Honorglobal  https://www.instagram.com/honorglobal/  https://www.youtube.com/c/HonorOfficial  
1Data comes from HONOR labs.

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Artificial Intelligence

TECNO Pocket Go Wins Global Product Technology Innovation Award 2024 at IFA 2024

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BERLIN, Sept. 7, 2024 /PRNewswire/ — One of the largest consumer electronics exhibitions in the world, the 2024 IFA Berlin International Consumer Electronics Show, officially kicks off today in Berlin. During the event, the highly anticipated Global Product Technical Innovation Award 2024 was announced, with TECNO Pocket Go winning the prestigious AR Immersive PC Gaming Experience Innovation Gold Award. This recognition highlights the brilliance of Chinese brand on the global stage.

TECNO is dedicated to innovation from the user’s perspective, continuously developing products and applications that enhance user experience. Since 2019, TECNO has expanded its AIoT ecosystem, leveraging its mobile technology to introduce innovative smart wearables, business laptops, and other groundbreaking products, all aimed at providing users with a more intelligent TECNO ecosystem experience.
As a global innovative technology brand with operations in over 70 markets, TECNO has been committed to revolutionizing the digital experience in global emerging markets, relentlessly pushing for the perfect integration of contemporary, aesthetic design with the latest technologies. TECNO offers a wide range of AIoT products covering smart wearables, laptops, tablets and smart home products.
Guided by its brand essence of “Stop At Nothing”, TECNO is committed to unlocking the best and newest technologies for forward-looking individuals, inspiring them to never stop pursuing their best selves and their best futures.
The “Global Product Technology Innovation Award” is a grand international selection of global consumer electronics brands. Launched globally every year, it is also one of the most professional and authoritative international exchange, display and cooperation platforms in IFA in the same year to conduct comprehensive review and evaluation of the global consumer electronics industry for the whole year.
TECNO Pocket Go, redefines gaming on the go
TECNO Pocket Go creates a “new gaming paradise” in handheld PC form in AR industry. By seamlessly integrating with the Windows gaming ecosystem and utilizing advanced head tracking technology, it brings an unparalleled 6D immersive experience to users. Featuring a top-tier AMD® Ryzen™ 7 8840HS gaming processor and a laptop level cooling system by rebuilt the structure to compact size with 50% smaller size and 30% lighter weight. Just easy to carry as a smartphone.  
Smaller in your palm, Master in your vision
The AR Pocket Vision features a 0.71-inch Micro-OLED screen that delivers the equivalent of a 215-inch TV experience from 6 meters away, surpassing industry standards. Gamers will enjoy a cinematic-level viewing experience, with customizable adjustments for up to 600° diopters to ensure eye comfort. It also safeguards your privacy, enabling you to play anywhere.
Dominant Flagship Gaming CPU, lead Performance Ahead
Powered by the AMD® Ryzen™ 7 8840HS gaming processor, the Pocket Go handheld offers exceptional speed and seamless multitasking with 8 cores, 16 threads, and turbo speeds up to 5.1 GHz. Its PC-level cooling system, featuring a large fan and three copper pipes, ensures optimal performance at 35W. Combined with a 50Wh replaceable battery, it guarantees long-lasting gaming sessions without interruptions.
 “VisionTrack” experiences, games come alive
The Pocket Go combo delivers an immersive experience for your eyes and hands. The AR Pocket Vision features a six-axis gyroscope and AI algorithms for precise head tracking, enhancing real-time data collection during gameplay. With N’BASS® acoustic materials and a proprietary vibration algorithm, it translates in-game sounds into nuanced vibrations via handheld while the Hall Effect Joysticks and Triggers provide precise control, elevating your gaming experience with rich visual and tactile sensations.
With TECNO Pocket Go, users can enjoy a futuristic gaming experience, and seamlessly connecting to TECNO’s products in a new forms of AR experiences.
 

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Artificial Intelligence

Experience the Future of Smart Living with Hisense at IFA 2024

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QINGDAO, China, Sept. 7, 2024 /PRNewswire/ — Hisense, a global leader in home appliances and consumer electronics, unveiled its innovative smart home solutions at IFA 2024. Based on the theme “The Scenario-driven Future of Tech,” Hisense showcased its latest smart home appliances and the ConnectLife app, designed to seamlessly connect appliances and real-life scenarios to redefine how users interact with their homes.

Focused on enhancing the user experience, Hisense’s booth at IFA 2024 brings to life three smart scenarios and products that aim to make the future of smart living more intuitive and accessible: Smart Laundry, Smart Kitchen and Smart Air Care.
Each experience is developed through Hisense’s scenario-driven research and development approach that prioritizes real user needs:
Smart Laundry simplifies garment care with automated adjusting and remote monitoring.Smart Kitchen streamlines cooking with connected appliances that personalize meal prep.Smart Air Care ensures a healthier living environment by intelligently adjusting air quality.To bring the smart living scenarios to life, Hisense has introduced a range of innovative products that integrate seamlessly with the ConnectLife app.
The Hisense Refrigerator PureFlat Smart Series exemplifies the premium smart kitchen experience enabled by ConnectLife. Equipped with a 21-inch TFT touchscreen, this refrigerator offers a wealth of features. The AI Recipe feature leverages food inventory tracking to suggest personalized recipes based on available ingredients and their expiration dates. Serving as a home appliance control center, the ConnectLife Hub refrigerator allows you to adjust temperature settings remotely through the ConnectLife app. Additionally, its AI Eco feature enables you to activate energy-saving mode on your device with a simple touch. With dual-tech cooling system, a My Fresh Choice compartment, and an on-door ice and water dispenser, this refrigerator delivers efficient temperature control, flexible storage options, and convenient access to cold beverages.
The Hisense Series 7i washing machines offer a superior laundry experience with a suite of smart features. The iPlay™ Intelligent Display provides a user-friendly interface, while the iJet™ three-channel spray system ensures a thorough wash. The compact iFit™ feature allows for easy integration into cabinets, optimizing space. AI-powered capabilities enhance performance with AI Super Wash, which intelligently adjusts washing parameters based on load weight, material type, water level, hardness, and turbidity. The AI Super Dry program in the Series 7i tumble dryer delivers precise drying with 3D Humidity Sensor for accurate moisture detection.
The Hisense’s Hi8 Series Oven offers a range of cooking functions, including air-frying, fast preheating, and pizza mode. Its large capacity and cool-touch doors make it easy to cook with and also clean. The VisonPlus Screen provides a user-friendly interface for exploring cooking programs and settings. Cleaning is made simple with features including Steam Clean Pro, Pyrolytic Self Clean, and Removable Door&Glass. The Hisense Hi 9 Series Oven is a premium model that offers advanced features such as AI-powered InCamera Technology for intelligent baking, Auto Door Opening & Auto Lock. Its larger TFT screen provides a user-friendly interface for exploring over 140 pre-programmed recipes and cooking settings. With ConnectLife integration, the Hi 9 delivers a convenient and efficient cooking experience.
Hisense Energy Pro X air conditioners offer efficient cooling and heating with advanced, energy-saving features. The AI Smart Airflow adjusts airflow direction based on your position and needs, ensuring optimal comfort. HI-NANO technology enhances air quality by releasing high-concentration ions to eliminate 92.6% of H1N1, 88.54% of E. coli, and 60.07% of PM2.5 in two hours. The TMS Control System intelligently adjusts temperature and humidity by analyzing various indoor conditions, providing a tailored and comfortable environment.
Beyond residential air conditioning, Hisense Hi-Therma ATW heat pump is another popular option for room heating, especially in Europe. Renowned for their outstanding performance and eco-friendly features, Hisense Hi-Therma II R290 ATW boasts an A+++ energy efficiency rating, stable operation at temperatures as low as -25°C, and maximum water outlet temperature of 65°C, with the flexibility to control up to 7 independent rooms. Moreover, the first-generation Hi-Therma Split (R32) finished the rigorous winter test conducted by Germany’s VDE and obtained the No. 001 certification in the extremely cold city of Mohe, China.
About Hisense
Hisense is a leading global home appliance and consumer electronics brand and official partner of the UEFA EURO 2024™. According to Omdia, Hisense ranked No. 2 globally for TV shipments and No. 1 in 100″ TVs in both 2023 and Q1 2024. The company has expanded quickly to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

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