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

  • Innovation abounds at the smaller end of the compaction equipment sector
    August 22, 2013
    New machines are now being offered at the compact end of the asphalt compaction market - Mike Woof reports Manufacturers have developed an array of new machines and solutions for the compact end of the asphalt compactor market segment. These units have been designed to meet the latest regulations for Europe and the US, with low emission engines that are also more economical on fuel. But as these machines are made in large volumes, the market for smaller asphalt compactors sees fierce rivalry between fi
  • Concerns for young drivers causing crashes
    May 24, 2016
    Concern is being expressed for the safety of young drivers. Statistics both from the US and the UK reveal the shockingly high risk of young drivers being involved in crashes. They also reveal that young drivers are a danger not only to themselves, but to other road users as well as the occupants of their own vehicles. The latest figures from the UK show that 2,088 young drivers and passengers aged from 17-24 were killed and seriously injured in just one year. Although the data shows that drivers aged fro
  • AFRY Helps Scania Drive Toward Sustainable Transport with New Autonomous Vehicle Test Track
    March 10, 2023
    With the rapid development of autonomous and electrified vehicles, Swedish heavy truck and bus manufacturer Scania is developing a new test track in Södertälje, 40 kilometers southwest of Stockholm. To design the track to simulate multiple scenarios, Scania hired AFRY for their design and engineering expertise. The test track includes 19 kilometers of roads with more than 60 intersections and junctions, though complex, hilly ground conditions that will make layout difficult. Since changing any single element would impact numerous others, AFRY needed a flexible, accessible design environment.
  • Sophisticated new asphalt compactors now coming to market
    March 4, 2015
    Emissions legislation is one factor driving the introduction of new compaction machines for Europe and North America, while customers in other markets are also benefiting from new technology - Mike Woof writes. The phased introduction of new exhaust emissions requirements for construction equipment being used in Europe and North America have had a major impact on new model development. In the asphalt compactor segment, manufacturers have had to redesign machines to pack in the latest emissions control techn