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

  • England’s motorways not safe enough for 80mph limit, says RSF
    May 11, 2012
    England’s motorway network is not safe enough to have the speed limit raised to 80mph, according to a new report from the Road Safety Foundation (RSF). Titled ‘Unfit for 80’, the report says poorly-maintained and inadequate roadside protection and the rapidly rising risk of shunt crashes from the sheer volume of traffic using England’s motorways are key factors of safety concern. The RSF document has been published while the Government continues to consider a review of the motorway speed limit. Last autumn,
  • Hanwha on the Pedemontana Veneta
    November 1, 2022
    The need for a motorway to link the cities of Vicenza and Treviso in northern Italy emerged in the 1970s as the Venetian countryside became increasingly urbanised. Meanwhile, the enlargement of the European Union to the east in the 1990s also brought more traffic across the region
  • US adopts minimum retroreflectivity standards
    September 12, 2022
    The US Federal Highway Administration has announced the standards required for maintaining minimum levels of retroreflectivity for pavement markings.
  • Rebuilding the Human Dimension
    June 18, 2012
    We meet with Dr. Essam Sharaf, the former Prime Minister of Egypt, who has been honoured as IRF Personality of the Year for 2011 On 28 March, at a moving ceremony packed with IRF friends and delegates from all over the world, the IRF Personality of the Year Award for 2011 was formally presented to Dr. Essam Abdel-Aziz Sharaf. Discerned annually since 1951, the Award honours individuals universally acknowledged as having made particularly inspirational contributions to the fields of road infrastructure and