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Advanced Driver Assistance Systems Market - Top Companies and Manufacturers

  • Report ID: 6068
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Companies Dominating the Advanced Driver Assistance Systems Landscape

    The advanced driver assistance systems market is fragmented by major key players who are adopting several strategies and are establishing long-term contacts with various stakeholders.

    • Wabco Holdings Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Altera Corporation (Intel Corporation)
    • Mobileye Global Inc.
    • Infineon Technologies AG
    • Magna International Inc.
    • Stellantis Ventures
    • Mobileye
    • Autoliv Inc.
    • Continental AG
    • Garmin Ltd.
    • Robert Bosch GmbH
    • Valeo SA
Browse Key Market Insights with Data Illustration:

In the News

  • Mobileye Global Inc. announced to provide cutting-edge driver assistance technologies for Mahindra & Mahindra Ltd.'s upcoming cars to make India's notoriously hazardous roadways safer.

    Additionally, the businesses will collaborate to develop a completely autonomous driving system for India, making it unaffordable for the nation's budget-conscious consumers.
     
  • Stellantis Ventures invested in SteerLight, a company developing innovative LiDAR (Light Detection and Ranging) sensing technology that can perceive the 3D environment around them with accuracy, and holds potential for improving autonomous driving features and advanced driver assistance systems (ADAS) in upcoming Stellantis brand vehicles.

    Moreover, Stellantis' objectives as stated in its Dare Forward 2030 strategic plan are by its investment in SteerLight making its cutting-edge LiDAR a possible facilitator of ADAS adoption on a large scale.

Author Credits:  Saima Khursheed


  • Report ID: 6068
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of advanced driver assistance systems is evaluated at USD 36.6 billion.

The advanced driver assistance systems market size was valued at USD 33.69 billion in 2024 and is set to exceed USD 127.8 billion by 2037, registering over 10.8% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by increasing sales of electric vehicles across the globe, leading to extensive adoption of advanced driver assistance systems (ADAS), as they possess the capacity to significantly increase traffic safety by providing alerts or automated brakes to drivers to prevent or lessen collisions.

North America industry is predicted to hold largest revenue share of 44% by 2037, due to presence of government initiatives to mandate ADAS in the region.

The major players in the market are Altera Corporation (Intel Corporation), Mobileye Global Inc., Infineon Technologies AG, Magna International Inc., Stellantis Ventures, and others.
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