Skip to main content

ADAS market will reach $460 billion Market by 2020, says ABI Research

Technology features that use sensors to watch around the vehicle have become common on luxury vehicles in recent years, but now availability is spreading to the mainstream higher-volume segments such as the Ford Focus and Mercedes B-Class. Camera image analysis continues to get more powerful and radar sensors are getting cheaper, with Lidar and ultrasonics still in the mix.
May 4, 2012 Read time: 2 mins
Technology features that use sensors to watch around the vehicle have become common on luxury vehicles in recent years, but now availability is spreading to the mainstream higher-volume segments such as the 3423 Ford Focus and 2796 Mercedes B-Class. Camera image analysis continues to get more powerful and radar sensors are getting cheaper, with Lidar and ultrasonics still in the mix.

“One of the important developments in the last year or so has been the introduction of additional features,” says ABI Research principal analyst David Alexander. “For example, cross traffic alert adds significant benefit to the blind spot detection function, as road sign recognition does to lane departure warning (LDW).”

Consumer awareness is growing, and most world regions are updating their New Car Assessment Programs (NCAPs) to reflect the availability of the latest accident prevention features. But the roll-out of new features has mainly been driven by the automakers up to now. In partnership with tier one suppliers, the option cost has been steadily coming down and this trend is expected to continue for the next few years.

“Increasing availability of advanced driver assistance system (ADAS) features is also being driven by legislation and NCAP specifications,” says Dominique Bonte, group director, telematics and navigation. “For example, in the EU, new commercial vehicles are required to have enhanced blind spot vision, lane departure warning, and automatic emergency braking. In the US, after changes to NCAP, new car stickers are now required to indicate if certain ADAS features (LDW and forward collision warning) are available.”

Analysis of statistics shows that many traffic accidents could be avoided with help from ADAS technology that is now available. There are few financial incentives to encourage new vehicle buyers to specify ADAS features at present. The biggest beneficiaries of the widespread use of accident avoidance technology are insurance companies, who should be monitoring the situation closely.

ABI Research’s study, Advanced Driver Assistance Systems, provides an analysis of global market trends, cost and technological evaluations of all the major driver assistance systems, and discussion of existing product announcements. System volume and value forecasts for installations are provided globally, by region, through 2020.

For more information on companies in this article

Related Content

  • SK’s ‘most advanced’ 3D anti-collision technology
    February 3, 2012
    SK Solutions claims its Navigator technology incorporates the world’s most advanced universal 3D anti-collision software, preventing potentially lethal accidents on construction sites.
  • Caterpillar has improved three ADT models
    June 12, 2018
    Caterpillar has redesigned three of its ADT models, the 730, 730 EJ (Ejector), and 735. The firm says that the updates boost the proven features and performance of their C-Series predecessors (730C2, 730C2 EJ, and 735C). Improvements include operator stations with innovative new controls, transmission-protection features, new hoist-assist system, advanced traction control system, new stability-assist system, and a fuel saving ECO operating mode. In addition, the 730 and 730 EJ now have an automatic retarde
  • Smart constructioon with GIS, GPS design technology
    May 2, 2012
    A UK highway project has benefited from the latest software, GIS and GPS technology, Mike Woof reports. Sophisticated software, GIS and GPS technology has played an important role in a large highway upgrade project in the UK and helping to increase efficiency and drive down construction costs.
  • Road safety improving, but vulnerable road users need protection
    January 11, 2013
    Preliminary data from France over the number of fatalities on the road network reveal safety improvements during 2012. The numbers killed dropped by 7-8%, although the final figures for December are not yet available. The preliminary figures suggest that around 3,600-3,700 were killed on French roads in 2012, compared with 3,970 in 2011. This reduction is in line with targets on cutting the death rate and Ministry of the Interior wants to bring the fatality rate to just 2,000 by 2020. This reduction has bee