The entry of many of the major global automotive manufacturing giants like BMW, Ford, General
Motors, Toyota etc., and also global technology majors like Robert Bosch, Delphi, Continental AG
etc., has made this market highly valuable one. The current Global ADAS market is estimated to be
around $ 18.5 Billion, and with the growing consumer interest in this market driven by- government
legislations (Egg: in Europe) and other regulatory body requirements rise, it is estimated to grow up
to $ 165 Bn by 2018. The overall CAGR of this market according to our estimates is more than
50%.
The table below represents the projected forecasts for Global ADAS market on the basis of enduser services for the year 2015, 2017 and 2018 by keeping 2013 as a base year for compounding
CAGR.
Sample Table 1: Global Advanced Driver Assistance Systems Market Projected
Revenue($ Billion)and CAGR-By End User Applications (2013-2018)
CAGR (%)
Application
2013
2015
2017
2018
20132018
Parking Assistance
4.0
XX
XX
XX
XX
1.8
XX
XX
XX
XX
Notification
3.0
XX
XX
XX
XX
Blind Spot Detection Systems
1.1
XX
XX
XX
XX
2.1
XX
XX
40.0
80.0%
Night Vision
2.0
XX
XX
XX
XX
Other Systems
4.5
XX
XX
XX
XX
Total
18.5
XX
XX
165.0
55.0%
Lane Departure/Change Warning
System (LDWS)
Emergency Calling/ Pre-Crash
Collision Avoidance
Systems(Distance Warning)
Adaptive Light Control Systems &
Source: IndustryARC Analysis
IndustryARC | 9