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

  • IAM and Brake comment on increased UK road crashes
    September 24, 2015
    Both the Institute of Advanced Motorists (IAM) and road safety charity Brake have expressed serious concern over official figures showing increased road deaths in the UK. The Department of Transport’s Reported Road Casualties Great Britain: 2014 Annual Report says there were 1,775 reported road deaths in 2014, an increase of 4% compared with 2013. The IAM has called for a raft of measures to reverse the disappointing increase in numbers of people killed and injured on UK roads. It added the number of people
  • TransCore debuts GPS-based device for infrastructure-less tolling and safe driving applications
    May 1, 2012
    TransCore has today launched ROVR, a GPS device with GSM communications that allows infrastructure-less tolling and includes an optional driver safety monitoring feature shown to dramatically reduce accidents, improve fuel economy, and decrease Greenhouse gases (GHG).
  • RetroTek: standards are key
    December 12, 2022
    Accurate retroreflectivity measurements of line markings across the full lane width has become even more important after the US adoption of minimum levels of retroreflectivity.
  • Safety advice for poor weather driving
    December 11, 2013
    Winter driving advice is being provided by the Finnish Vaisala transport research group. According to Vaisala, the driver plays a particularly important role in safety with regard to winter conditions. Driving safely in the winter is not only about road maintenance services and the condition of the road. Driver behaviour, speed, and driving style as well as the condition of the vehicle and its tyres play an important role in ensuring a safe journey. For example, awareness of significantly longer stopping di