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

  • Developments in compact asphalt compaction
    February 20, 2012
    An array of new models has increased competition in the market for compact asphalt compaction products - Mike Woof reports
  • Ford's electric two wheeler
    May 9, 2012
    Automotive manufacturer Ford is developing an electric bike prototype called the E-Bike. The firm is working on the concept as it believes that E-bikes may well sell in higher numbers than electric cars over the next decade. The frame is built from carbon fibre and aluminium, while sophisticated magnetostrictive sensors regulate precisely how the electric motor in the front wheel-hub, engages and assists the rider.
  • Trimble technology centre stage at CONEXPO-CON/AGG 2014
    March 27, 2014
    The Trimble Quantm alignment planning system, on show at CONEXPO/CON-AGG 2014, allows road designers to cut planning time and deliver projects with little environmental and social impact at a reduced cost. The system analyses millions of alignment alternatives and returns a range of options to the planning team for consideration. When new data becomes available the Quantm system can quickly recalculate more alignment options.
  • Bomag is on track – London to Glasgow in 2 hours and 40 minutes
    July 1, 2022
    British Railways has big plans. Trains on the first 220 km from London Euston Station to Birmingham could be travelling at a speed of 360 km/h (225 mph) in as little as 10 years. The earthworks required for this are to be completed by as early as 2025. The project is considered one of the largest and most ambitious infrastructure projects in recent British history. It must meet the highest possible construction quality standards and evolve over the course of the project - setting new standards today and for tomorrow. The deployment of innovative BOMAG technologies and machines is therefore logical and consistent.