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

  • Advanced driving simulator developed by TRL
    July 4, 2018
    In the UK, TRL is introducing a sophisticated driving simulator that will help with developing transport infrastructure as well as research into driving. This advanced system is intended to assist in driving future transport policy, customer safety and road network performance. The new simulator can be used for behavioural research into driving and can be used as a validation tool. The complete simulator package features three main systems as it consists of the new full size DigiCar, a portable version (Mi
  • Controlling influence
    January 3, 2013
    New lane control solutions from major roadmarking companies have been installed on highways across the world over recent months. Guy Woodford reports on some of them. Clearview Traffic Group (CTG) recently clocked up the installation of over 70,000 Astucia active flush and surface mounted road studs in the UK. CTG has been involved in numerous road stud installation projects on motorways and other road types in the UK and many other countries worldwide. Its UK installations include over 4,500 Astucia road s
  • Innovative vehicle identification improves tolling
    February 14, 2012
    HTS now offers a sophisticated vehicle identity recognition (VIR) package, which offers key benefits over basic LPR technology. The VIR patentpending technology provides a comprehensive profile of each car including make, model, colour, country or state name and special plate icons.
  • Software and control innovations introduced
    August 14, 2023
    Firms are now offering technologies that will boost safety levels around working machines. These can alert operators to the vicinity of personnel to a working machine and even shut down a piece of equipment in the event of someone being in too close a proximity.