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

  • Safer mid-block crossings
    August 26, 2020
    Applied Information has launched a configurable Internet of Things (IoT) pedestrian crossing system which is says improves safety at midblock crosswalks.
  • Report highlights world demand for asphalt to grow
    December 4, 2015
    Global demand for asphalt is projected to expand 2.8%/year until 2019 and will reach 122.5 million tonnes. These gains will be driven by growth in China and other developing countries as they work to improve their transportation infrastructures. This report has been published by the US-based Freedonia Group.
  • Drivers sceptical of EU vehicle control safety benefits, claims IAM research
    October 28, 2013
    Three quarters of UK drivers are concerned that the use of Intelligent Speed Adaptations (ISAs) will compromise safety, according to research by the Institute of Advanced Motorists (IAM). Last month, the EU announced that they were considering rules for new cars to be installed with Intelligent Speed Adaptation (ISA) technology. The technology would be capable of detecting limits through cameras or satellites and automatically applying the brakes. Existing vehicles could be forced to be retrofitted with
  • Portugal's road safety initiative
    April 12, 2012
    The Portuguese experience with road safety has proved that planning, development, introduction, and hard work do pay off in the end. Paulo Marques Augusto, president of the National Road Safety Authority (ANSR), explained that in the last 10 years a decrease of over 50% has been achieved in the number of fatalities on the road network despite a continuing growth in traffic demand (there are five million vehicles in Portugal), and a similar reduction in travel time on most of the connections between Lisbon a