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

  • Analysing intelligent speed adaptation benefits
    April 12, 2012
    Oliver Carsten, Professor of Transport Safety at the Institute for Transport Studies (ITS) at the University of Leeds, UK, discusses Intelligent Speed Adaptation, looking at its safety potential
  • Barrier innovation putting traffic safety and flow first
    April 3, 2014
    Cutting-edge barriers offering greater safety at the same time as limiting traffic disruption are proving in demand on busy world highways, as Guy Woodford reports Small footprint; minimum disruption after impact; lower labour costs; all said to be elements contributing to the growing popularity of the Trend terminal from Trinity Highway Products. This family of end terminals offers a range of safe and efficient solutions to barrier ends with quick and easy assembly and installation. Trinity claims th
  • Jenoptik’s Vector SR gets UK HOTA approval
    October 1, 2019
    Vector SR, a new Spot Speed camera from Jenoptik, has achieved Home Office Type Approval – HOTA - a UK certification.
  • Ground penetrating radar used to investigate tunnel deterioration
    May 13, 2015
    Using ground penetrating radar to determine reason for serious pavement settling in Kentucky-Tennessee tunnel Just a few years after the opening of the Cumberland Gap Tunnel, highway officials noticed moderate to severe settling of the continuously reinforced concrete pavement. The mountain tunnel provides an important link between Kentucky and Tennessee along US25E and the problem looked serious, with many voids discovered beneath the pavement surface. To investigate the problems, the Kentucky Transpor