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

  • Electric avenue for vehicle firms
    February 8, 2012
    Concerns over range remain a major challenge to take-up of electric vehicles (EVs) in coming years. However the introduction of telematics in EVs to provide point of interest and alerts packages to make drivers aware of charging facilities could resolve range anxiety.
  • Road markings essential for road safety
    March 16, 2012
    Road markings, along with laying and testing equipment, are all essential to make sure drivers get clear instructions. Patrick Smith reports Road markings are as important as signs, with longitudinal markings informing and warning road users of approaching situations that will require them to take some form of action.
  • In control, with advanced technology
    August 15, 2019
    Machine control technology continues to advance, with new systems offering contractors major gains in working efficiency The latest developments in machine control technology once again push the bar in terms of advancements. The latest systems allow contractors to work even more effectively and efficiently than before. Doosan has unveiled one of the first uses globally of 5G technology to remotely control construction and quarrying machines. The firm has coined the term ‘TeleOperation’ to describe the
  • Kistler WiM for Caltrans
    February 10, 2023
    Caltrans, the transportation agency of the US state of California, needs to effectively plan maintenance, design roads and keep bridges in good condition. But existing measuring technology was limited to solely counting and classifying vehicles according to their type, for instance, passenger cars, buses or trucks.