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

  • Getting to the heart of road noise - to eliminate disturbance
    May 20, 2016
    Traffic noise is a widespread nuisance that can impact where and how we choose to live, property prices and our quality of life. Better planning and use of mitigation factors can make a significant difference Traffic is one of the top five sources of nuisance noise – along with industry, construction, sport and leisure and general neighbourhood noise. Road traffic is also one of the most diverse sources of noise. You know where it’s going to come from, but less often what the noise will be as the volu
  • New safety barrier solutions protect road users
    February 21, 2012
    Novel safety barrier solutions are coming to market, writes Mike Woof The safety barrier market is a focus for innovative products designed to meet a range of different applications. The diverse range of vehicle types on the road poses numerous technical challenges to barrier manufacturers. At the same time, different applications such as motorcycle safety, end treatments, bridge barriers and roadside obstacle protection require novel solutions. Although motorcycles account for only a small proportion of ve
  • Taming traffic in urban areas
    August 15, 2019
    The success of the motor car as a form of transport is also proving its undoing. In urban areas around the world, passenger cars clog the roads and add to air pollution. Reducing urban traffic congestion is being seen as a priority in many cities. French capital Paris has had a number of car-free days, which has more recently been replicated in Scotland’s capital, Edinburgh. Looking ahead, the plan by Edinburgh’s local authority is to cut city centre traffic by 30% in 10 years. Congestion charging has bee
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth